Formula 1’s 2023 season isn’t even half over, but manufacturers are already working on 2026. That is when revised power-unit regulations, running through 2030, will take effect. It will be the biggest overhaul to the rules since the introduction of 1.6-liter V6 turbocharged engines in 2014. There will be more manufacturers and a step toward… Continue reading F1 Teams Are Already Working on the Power Units Coming in 2026
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Lithium Scarcity Pushes Carmakers Into the Mining Business
Eager to avoid falling further behind Tesla and Chinese car companies, many Western auto executives are bypassing traditional suppliers and committing billions of dollars on deals with lithium mining companies. They are showing up in hard hats and steel-toed boots to scope out mines in places like Chile, Argentina, Quebec and Nevada to secure supplies… Continue reading Lithium Scarcity Pushes Carmakers Into the Mining Business
Lordstown Motors, an Electric Truck Maker, Files for Bankruptcy
Lordstown Motors, the troubled electric vehicle company that bought a shuttered General Motors factory in Ohio with grand plans to create the Tesla of pickup trucks, filed for bankruptcy protection on Tuesday. Once hailed by former President Donald J. Trump for preserving manufacturing jobs, the company struggled with a series of development setbacks and frequent… Continue reading Lordstown Motors, an Electric Truck Maker, Files for Bankruptcy
Tesla May Have Already Won the Electric Vehicle Charging Wars
Mary Barra and Elon Musk may be intense business rivals, but they sounded like old pals as they chatted on Twitter this month about a deal that could help remove one of the biggest barriers to electric vehicle ownership: not enough chargers. Ms. Barra, the chief executive of General Motors, had just agreed to follow… Continue reading Tesla May Have Already Won the Electric Vehicle Charging Wars
Ford’s Battery Joint Venture to Get $9.2 Billion Government Loan
Ford Motor and its battery manufacturing partner will receive a $9.2 billion loan to build three battery factories in Kentucky and Tennessee, the Department of Energy said Thursday. The loan is the single biggest financial commitment the Biden administration has made in its effort to build an electric vehicle manufacturing network in the United States.… Continue reading Ford’s Battery Joint Venture to Get $9.2 Billion Government Loan
Accor accelerates in Japan with agreement to operate 23 properties
ACCOR SIGNS MILESTONE AGREEMENT WITH EBISU RESORT LLC, WITH 23 PROPERTIES SET TO JOIN THE GROUP’S HOTEL NETWORK BY Q2 2024 PARIS, July 21, 2023 /PRNewswire/ — Accor’s presence in Japan is set to double while hotel openings gain momentum throughout the region. With travel and tourism surging once again on a global scale, countries… Continue reading Accor accelerates in Japan with agreement to operate 23 properties
Samsung Electro-Mechanics’ first mass production of “Power Inductor” for automotive
SEOUL, South Korea, July 21, 2023 /PRNewswire/ — Samsung Electro-Mechanics will target the automotive power inductor market by beginning mass production of power inductors, an essential core component of electric and autonomous vehicles. A car requires more than 100 power inductors, more than twice as many as a smartphone. The number of power inductor installations is… Continue reading Samsung Electro-Mechanics’ first mass production of “Power Inductor” for automotive
Global Airlines Appoints Liam McKay as International Corporate Affairs Chief
Liam McKay, former London City Airport Director of Corporate Affairs joins the UK’s newest airline to lead communications, government relations and ESG (Environmental, Social and Governance). Global is set to launch its first transatlantic services from London Gatwick in 2024. LONDON, July 21, 2023 /PRNewswire/ — Global Airlines, the world’s newest long-haul airline, has announced the appointment of Liam McKay… Continue reading Global Airlines Appoints Liam McKay as International Corporate Affairs Chief
Seraya Partners’ Offshore Wind Services Platform Acquires State-of-Art Service Operations Vessel in Belgium
This transaction of Groenewind marks Cyan Renewables first global acquisition as part of its plan to build and acquire Service Operations Vessels (SOV), Cable-Lay Vessels, Wind-Turbine Installation Vessels, and Foundation Installation Vessels over the next 5 years. SINGAPORE, July 21, 2023 /PRNewswire/ — Cyan Renewables, Asia’s leading offshore wind services platform (“Cyan“) and a portfolio… Continue reading Seraya Partners’ Offshore Wind Services Platform Acquires State-of-Art Service Operations Vessel in Belgium
Ford’s dividend quality, J&J’s split-off, cost basis discipline — what we think about all these
Send your questions directly to Jim Cramer and his team of analysts at investingclubmailbag@cnbc.com . Reminder, we can’t offer personal investing advice. We will only consider more general questions about the investment process or stocks in the portfolio or related industries. Question 1: What are your thoughts on the stability of FORD’s dividend? Thank you, Denise The quickest… Continue reading Ford’s dividend quality, J&J’s split-off, cost basis discipline — what we think about all these