Global Quantum Sensors Strategic Business Report 2023: Quantum Sensors to Make Oil & Gas Operations Safer & More Efficient

DUBLIN, June 28, 2023 /PRNewswire/ — The “Quantum Sensors: Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering. The global market for Quantum Sensors estimated at US$450.7 Million in the year 2022, is projected to reach a revised size of US$673.1 Million by 2030, growing at a CAGR of 5.1% over the analysis period 2022-2030.… Continue reading Global Quantum Sensors Strategic Business Report 2023: Quantum Sensors to Make Oil & Gas Operations Safer & More Efficient

Exclusive: Exxon Mobil expands lithium bet with Tetra Technologies deal

June 28 (Reuters) – Exxon Mobil (XOM.N) has agreed to develop more than 6,100 lithium-rich acres in Arkansas with Tetra Technologies Inc (TTI.N), the second move this year by the oil giant for control of assets needed to produce the electric vehicle battery metal. Exxon’s rapid expansion into the lithium sector comes amid growing interest… Continue reading Exclusive: Exxon Mobil expands lithium bet with Tetra Technologies deal

Ford confirms salaried worker layoffs wrapping up in U.S., Canada

Ford Motor Co. worked to wrap up layoffs of salaried employees in the U.S. and Canada by late afternoon Wednesday, the automaker confirmed to the Detroit Free Press. “Notifications are largely finished,” T.R. Reid, Ford spokesman, told the Free Press. “People who were affected are being provided with severance benefits and assistance in finding new… Continue reading Ford confirms salaried worker layoffs wrapping up in U.S., Canada

Residents file lawsuit to fight massive Ford battery plant in Marshall

A group of Marshall residents sued local officials Tuesday in a new bid to derail a massive Ford battery plant slated for the bucolic west Michigan community. The lawsuit, filed in Calhoun County Circuit Court, is the latest effort to force Marshall city officials to recognize a citizen-led drive to reverse a local regulatory decision… Continue reading Residents file lawsuit to fight massive Ford battery plant in Marshall

Transformed Ford Bronco is unlike any other — and could be game-changer for firefighters

Ford Motor Co. is donating a highly customized Ford Bronco to help emergency wildfire crews in New Mexico, the automaker announced Wednesday. The unique vehicle could offer insight into how its high-tech design and advanced communications gear could have potential for broader use in hot spots such as California, Oregon and Arizona. The Bronco wildland… Continue reading Transformed Ford Bronco is unlike any other — and could be game-changer for firefighters

GM Energy’s Ultium Home products provide backup power to your home in outage

General Motors’ new business unit, GM Energy, will offer an initial vehicle-to-home group of products called the Ultium Home energy system for people who want a backup energy source. The products will provide vehicle-to-home bidirectional charging technology, stationary storage and additional energy management products to residential customers through GM Energy. The products will give people… Continue reading GM Energy’s Ultium Home products provide backup power to your home in outage

New area of business: Bosch to develop systems for water treatment

About Bosch The Bosch Group is a leading global supplier of technology and services. It employs roughly 421,000 associates worldwide (as of December 31, 2022). The company generated sales of 88.2 billion euros in 2022. Its operations are divided into four business sectors: Mobility, Industrial Technology, Consumer Goods, and Energy and Building Technology. As a… Continue reading New area of business: Bosch to develop systems for water treatment

At 24 Hours of Le Mans, Toyota Faces New Challengers

For the first time since 2017, the 24 Hours of Le Mans in France will feature a handful of cars from the major automakers this weekend, competing for the top prize. Toyota, which has won the last five years as the only big automaker, now faces a crowded field. Fighting for overall victory will also… Continue reading At 24 Hours of Le Mans, Toyota Faces New Challengers

Formula 1 Finds a New Way to Advertise on Its Cars

When a way to display digital advertising on racecars was pitched to McLaren, team officials were concerned it was just a gimmick. Brand logos are already on cars, but this new method allows teams to show additional ads because they appear on panels mounted on the side of the cockpit and are visible to home… Continue reading Formula 1 Finds a New Way to Advertise on Its Cars

Volkswagen Sells Its Russia Operations, Including an Assembly Plant

Volkswagen has sold its assembly plant and other operations in Russia to a local auto dealership, more than a year after the German carmaker ceased production in the country following the invasion of Ukraine, the company said on Friday. Under the deal, which required approval from the Russian government, a Moscow-based dealership called Avilon acquired… Continue reading Volkswagen Sells Its Russia Operations, Including an Assembly Plant