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WSJ Tech News Briefing

TNB Tech Minute: Canada Looks to Help Automakers Meet EV-Sales Mandate After U.S. Tariffs

WSJ Tech News Briefing

The Wall Street Journal

News, Tech News

4.61.6K Ratings

🗓️ 10 July 2025

⏱️ 2 minutes

🧾️ Download transcript

Summary

Plus: Strong growth in artificial-intelligence servers are seen pushing the overall server market to $1 trillion. And, bitcoin hits a new all-time high. Julie Chang hosts. Programming note: Starting this week, Tech News Briefing episodes will be released on Tuesdays and Fridays, and the TNB Tech Minute will be released twice on weekdays, in the morning and afternoon. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

For my business to grow, I need solar panels to reduce my business energy bills.

0:04.3

New ovens from my bakery in Birmingham to open a second retail space.

0:08.8

An industrial blow dryer for my dog grooming business.

0:12.0

A shiny new tractor.

0:14.0

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0:15.5

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0:17.3

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0:21.4

your business grow. Grow your business. Bank on Barclays. Search Barclays business banking.

0:26.6

Subject to normal lending assessment, status and application, terms and conditions apply.

0:31.4

Here's your afternoon T&B Tech Minute for Thursday, July 10th. I'm Julie Chang for the Wall Street Journal. Canada's

0:39.0

industry minister says she's hoping to unveil a plan in the coming weeks that'll help automakers

0:44.2

there deal with hefty U.S. tariffs and meet the country's electric vehicle sales mandate. Melanie

0:50.1

Jolie said today that the auto sector faces big hurdles with President Trump's 25% tariffs on foreign-made cars.

0:57.9

Vehicles are Canada's second largest export by value.

1:01.2

Canadian regulations dictate that 20% of new vehicle sales by the end of next year be powered by electricity,

1:08.1

with a goal that all new vehicles are EVs by 2035.

1:13.1

Strong growth in artificial intelligence servers should continue and help drive the overall

1:18.5

server market to close to $1 trillion in sales by 2030. That's according to a note from

1:24.5

Bank of America securities analysts. They say AI server revenue

1:28.2

will likely rise at an average rate of 28% until then, and that Dell and Hewlett-Packard

1:34.1

Enterprise are best poised to directly benefit from the trend. And the price of Bitcoin

1:40.5

climbed to an all-time high today. The oldest and largest cryptocurrency was trading at

...

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