Congress is poised to approve newly expanded tax credits for electric vehicles, but the rules are written in such a way as to effectively disqualify every EV that’s currently on the market today. That’s because most EVs run on lithium-ion batteries that are mostly made in China. The nation has a lock on some 76… Continue reading No electric vehicles on the market today qualify for the new EV tax credit
Category: Automotive
The EV Race Is Turning a Gold Rush Haven Into a Battery Hub
(Bloomberg) — Gold has long dominated the Western Australian city of Kalgoorlie, born in a late 19th Century prospecting rush and home to one of the world’s largest-open pit mines, nestled right next to residential streets. Blasts to dislodge precious-metal laced rock from the more than two-mile long Super Pit still frequently rattle the main… Continue reading The EV Race Is Turning a Gold Rush Haven Into a Battery Hub
Why Rivian and Ford Stocks Soared in July but Nio Dropped
July was a big month for U.S.-based electric vehicle (EV) stocks. While the S&P 500 jumped more than 9%, shares of Rivian Automotive (NASDAQ: RIVN) and Ford (NYSE: F) trounced that with returns of 33.3% and 32%, respectively, according to data provided by S&P Global Market Intelligence. The American depositary shares of Chinese electric automaker… Continue reading Why Rivian and Ford Stocks Soared in July but Nio Dropped
Design and secure the #futureofindustry now
War, pandemic and their consequences present us with great challenges Shortages in the supply of gas and raw materials, rising energy prices, the global consequences of the corona pandemic and interrupted supply chains are particularly affecting the industrialized country of Germany. They can lead to serious economic losses and cause deep social conflicts. Russia’s attack… Continue reading Design and secure the #futureofindustry now
LDR Growth Partners Acquires Leading Mid-West Heat Exchanger Manufacturers
New Growth-Oriented Owners Will Maintain the Companies’ Market Leadership in Competitive Delivery Times While Focusing on Product and Platform Expansion CINCINNATI and COLUMBUS, Ohio, Aug. 8, 2022 /PRNewswire/ — LDR Growth Partners (“LDR”) today announced the acquisition of the businesses of Cincinnati Radiator Inc. (“CRI”) and Ohio Heat Transfer Ltd. (“OHT”) in a private transaction… Continue reading LDR Growth Partners Acquires Leading Mid-West Heat Exchanger Manufacturers
Inventec’s O-RAN convention showcases 5G smart factory applications with a supply chain alliance
TAIPEI, Aug. 8, 2022 /PRNewswire/ — Leveraging its strength in cloud infrastructure, leading server contract manufacturer Inventec (2356) continues to invest in developing 5G smart factory applications with O-RAN technology and actively collaborates with supply chain partners to continue to grow the 5G vertical ecosystem from a system integration perspective. In the O-RAN (Open Radio… Continue reading Inventec’s O-RAN convention showcases 5G smart factory applications with a supply chain alliance
Automotive Lighting Market is expected to display a steady growth by 2027 | CAGR: ~11% | UnivDatos Market Insights
NOIDA, India, Aug. 8, 2022 /PRNewswire/ — According to a new report published by UnivDatos Markets Insights the Automotive Lighting Market is expected to grow at a CAGR of around 11% from 2021-2027. The analysis has been segmented into Vehicle Type (Passenger Car and Commercial Vehicle); Technology (Halogen, Xenon, LED and Other); Application (Front/Headlamps, Rear… Continue reading Automotive Lighting Market is expected to display a steady growth by 2027 | CAGR: ~11% | UnivDatos Market Insights
Worldwide Express to Host Toy and Supply Drive to Benefit UMFS and Children’s Hospital of Richmond at VCU
Driver meet and greets, ticket donations and prize raffles among activities leading into NASCAR Camping World Truck Series race DALLAS, Aug. 8, 2022 /PRNewswire/ — As part of the events leading into the upcoming Worldwide Express 250 for Carrier Appreciation race on August 13 at Richmond Raceway, Worldwide Express (“WWEX”) has partnered with local carrier,… Continue reading Worldwide Express to Host Toy and Supply Drive to Benefit UMFS and Children’s Hospital of Richmond at VCU
@FCA: MEDIA ADVISORY: Dodge Worldwide Product Introductions Highlight Three Nights of Dodge Speed Week
August 8, 2022 , Auburn Hills, Mich. – Dodge Speed Week is ready to go full throttle. The weeklong celebration will be highlighted by a three-peat of worldwide Dodge brand product debuts. Unveilings are scheduled to take place on three separate nights, August 15, 16 and 17, in front of media and invited guests. WHERE:M1 Concourse,164 South… Continue reading @FCA: MEDIA ADVISORY: Dodge Worldwide Product Introductions Highlight Three Nights of Dodge Speed Week
Lucid unveils new ‘Stealth Look’ for its luxury electric Air sedan
Lucid Motors is leaning into the dark side with a new trim package called “Stealth Look.” The subdued styling option, which features a total of 35 new exterior design cues, will be available for the full range of Air electric vehicles starting this week. The changes include mirror caps, glass roof trim, and frames around… Continue reading Lucid unveils new ‘Stealth Look’ for its luxury electric Air sedan