Brian Spears says his children will enjoy a more sustainable planet, thanks in part to AI and high performance computing (HPC) simulations. “I believe I’ll see fusion energy in my lifetime, and I’m confident my daughters will see a fusion-powered world,” said the 45-year-old principal investigator at Lawrence Livermore National Laboratory who helped demonstrate the… Continue reading Fusion Reaction: How AI, HPC Are Energizing Science
Category: Automotive
GM cutting hundreds of executive, white-collar jobs
A month after CEO Mary Barra said General Motors Co. was “not planning layoffs,” the Detroit automaker is cutting about 500 executive-level and salaried jobs, The Detroit News has confirmed. GM isn’t providing the exact number of employees affected, but spokespeople for the company characterized it as a small number. As of December 2022, GM… Continue reading GM cutting hundreds of executive, white-collar jobs
Ram’s ‘Range Electric Paradigm Breaker’ truck will use engine to power battery
An internal combustion engine will charge the all-electric Ram truck’s battery in the “Range Electric Paradigm Breaker” model, Stellantis NV’s CEO confirmed Tuesday. While the technology had been teased since Stellantis’ EV Day in 2021, the Ram brand hadn’t confirmed details. But in response to a question during a roundtable, Carlos Tavares emphasized the need… Continue reading Ram’s ‘Range Electric Paradigm Breaker’ truck will use engine to power battery
Commerce Department launches applications for chips funding
Washington — The U.S. Commerce Department opened applications Tuesday for $39 billion in funding for semiconductor chip manufacturing, kicking off unprecedented federal spending in the tiny component that’s crucial for modern technology and vehicles. Applicants seeking more than $150 million will also be required to show how they will provide construction and facility workers with… Continue reading Commerce Department launches applications for chips funding
State OKs $2M for GM, Honda fuel cell operation
Lansing — General Motors Co. and Honda Motor Co. are moving forward with their joint-venture fuel cell operation slated for Brownstown Township, six years after the companies first announced their plans to create an industry-first fuel cell manufacturing operation in Michigan. On Tuesday, the Michigan Economic Development Corp.’s Michigan Strategic Fund board awarded a $2… Continue reading State OKs $2M for GM, Honda fuel cell operation
Confusion over EV tax credits stymies buyers and sellers
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Confusion over EV tax credits stymies buyers and sellers
LG Energy Solution and Honda Break Ground for New Joint Venture EV Battery Plant in Ohio
Local and state officials join global Honda and LGES executives in groundbreaking event New renderings offer first look at the new EV battery facility, an initial $3.5 billion investment projected to reach $4.4 billion overall Construction set to rapidly scale up so that the facility can be completed by the end of 2024 in support… Continue reading LG Energy Solution and Honda Break Ground for New Joint Venture EV Battery Plant in Ohio
El Riverside County Fair & National Date Festival presentado por Fantasy Springs Resort Casino regresa rompiendo récords
INDIO, California, 28 de febrero de 2023 /PRNewswire-HISPANIC PR WIRE/ — Una fecha que quedará registrada en los libros de récords: el día de ayer, en Indio, el Riverside County Fair and National Date Festival 2023 presentado por Fantasy Springs Resort Casino completó su jornada de 10 días, después de una interrupción de dos años debido… Continue reading El Riverside County Fair & National Date Festival presentado por Fantasy Springs Resort Casino regresa rompiendo récords
International Gaming Standards Association Announces Creation of a Payment Standards Committee
LAS VEGAS , Feb. 28, 2023 /PRNewswire/ — The International Gaming Standards Association (IGSA) announces the creation of a Payment Standards Committee. Aristocrat Gaming, AXES.ai, Oregon Lottery and Playtech are the first members to join this committee. The Payment Standards Committee will seek to create a series of standards governing online, mobile and other payments for… Continue reading International Gaming Standards Association Announces Creation of a Payment Standards Committee
Aircastle Announces $300 Million Revolving Credit Facility
STAMFORD, Conn., Feb. 28, 2023 /PRNewswire/ — Aircastle Limited (“Aircastle”) announced today that it closed on a new $300 million unsecured revolving credit facility with Mizuho Bank, Ltd (“Mizuho”). The facility has a term of up to two years. Michael Inglese, Aircastle’s CEO, stated, “Last month, we were pleased to announce the extension and upsizing of… Continue reading Aircastle Announces $300 Million Revolving Credit Facility