Mining is a pillar of the Quebec economy, and the area around La Corne is populated with people whose livelihoods depend on extraction of iron, nickel, copper, zinc and other metals. There is an active gold mine near the largest city in the area, Val-d’Or, or Valley of Gold. Mining “is our life,” said Sébastien… Continue reading How a Quebec Lithium Mine May Help Make Electric Cars Affordable
Author: New York Times Online News
Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O.
Volkswagen said late Sunday that it planned to sell shares in Porsche, the luxury sports car brand it owns, at a valuation of up to $75 billion, setting the stage for one of the biggest stock market debuts of the year. At that level, Porsche — maker of the 911 sports car and the Taycan… Continue reading Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O.
As Driverless Cars Falter, Are ‘Driver Assistance’ Systems in Closer Reach?
A top “Good” rating will require a driver monitoring system that checks both a driver’s gaze and hand position. A driver with a coffee in one hand and an iPhone in the other won’t be prepared to retake the wheel. Other criteria include escalating visual, audible or haptic alerts to get a driver’s attention, and… Continue reading As Driverless Cars Falter, Are ‘Driver Assistance’ Systems in Closer Reach?
Rivian Lost $1.7 Billion in the Third Quarter
Rivian, an electric vehicle start-up that aims to compete with Tesla, on Wednesday reported another substantial quarterly loss as it worked to increase production. The company said it lost $1.7 billion in the three months that ended in September, compared with a loss of $1.2 billion in the same period a year earlier. Rivian has… Continue reading Rivian Lost $1.7 Billion in the Third Quarter
Uber’s Revenue Is Up 72 Percent From Last Year, but It Posts a Loss
The company had strong revenue growth but lost money in part because of its investments in other ride-hailing businesses. Go to Source
From Nashville to Tupelo on the Natchez Trace Parkway
With no billboards or gas stations, a fall drive along this winding, verdant All-American Road, is a head-clearing journey, offering encounters with history, nature, music and more. Go to Source
Rishi Sunak, New UK Prime Minister, Delays Economic Plan
Mr. Sunak’s government, seeking more time to make the “right decisions,” will deliver its first economic plan on Nov. 17 instead of Monday. Go to Source
How a Quebec Lithium Mine May Help Make Electric Cars Affordable
The project also illustrates how difficult it is to get lithium out of the ground and break China’s dominance in processing the metal and turning it into batteries. Go to Source
Volkswagen Sets Price Range for Porsche’s Blockbuster I.P.O.
The public offering values the luxury sports car maker at up to $75 billion. Go to Source
As Driverless Cars Falter, Are ‘Driver Assistance’ Systems in Closer Reach?
With investigations and lawsuits over accidents adding skepticism toward fully driverless technology, car companies are betting on systems that take some, but not all, control. Go to Source