Oberon Fuels and Sunvapor Commission Solar Steam Project with First Purchase Agreement in the US

First-of-its-kind agreement eliminates capex for solar steam while enabling renewable fuels provider to increase output up to 2x and remove up to 90% of carbon used for process energy SAN DIEGO, April 24, 2024 /PRNewswire/ — Today, Oberon Fuels, a renewable fuels producer, and Sunvapor, a renewable heat provider, commissioned a solar steam project under… Continue reading Oberon Fuels and Sunvapor Commission Solar Steam Project with First Purchase Agreement in the US

Volvo Cars reports 8 per cent increase in Q1 2024 core operating profit to SEK 6.8 billion

Q1 revenue was SEK 93.9 bn (SEK 95.7 bn in Q1 2023)  Q1 operating income (excl. JVs and associates) was SEK 6.8 bn (SEK 6.3 bn in Q1 2023)  Q1 EBIT margin (excl. JVs and associates) was 7.2 per cent (6.6 per cent in Q1 2023)             Q1 Basic earnings per share was SEK… Continue reading Volvo Cars reports 8 per cent increase in Q1 2024 core operating profit to SEK 6.8 billion

Luminar starts shipping lidar for Volvo EX90 — while readying its next-gen sensor

/ Luminar has sent out Volvo’s order of lidar units in anticipation of the start of the EX90 EV’s production. Meanwhile, a new lower-cost ‘Halo’ lidar is in the making. By Umar Shakir, a news writer fond of the electric vehicle lifestyle and things that plug in via USB-C. He spent over 15 years in… Continue reading Luminar starts shipping lidar for Volvo EX90 — while readying its next-gen sensor

J.S. Held Celebrates Scientific and Technical Experts on World Laboratory Day

JERICHO, N.Y., April 23, 2024 /PRNewswire/ — Global consulting firm J.S. Held, proudly celebrating 50 transformative years, recognizes scientific and technical experts on World Laboratory Day.  J.S. Held scientists, researchers, investigators, engineers, technicians, and librarians leverage ten specialized laboratories spanning various disciplines. Teams of experts inside the labs and in the field drive discovery, innovation, and… Continue reading J.S. Held Celebrates Scientific and Technical Experts on World Laboratory Day

What investors should know about the UAW’s organizing drive of VW

Volkswagens are seen in the employee parking lot at the Volkswagen automobile assembly plant on March 20, 2024 in Chattanooga, Tennessee. Elijah Nouvelage | Getty Images DETROIT – The United Auto Workers notched a big win this weekend. Volkswagen workers in Chattanooga, Tennessee, overwhelmingly voted in favor of joining the UAW late Friday – marking… Continue reading What investors should know about the UAW’s organizing drive of VW

Exclusive-Mexico, facing US pressure, will halt incentives to Chinese EV makers

By Diego Oré MEXICO CITY (Reuters) – Mexico’s federal government, under pressure from the U.S., is keeping Chinese automakers at arm’s length by refusing to offer such incentives as low-cost public land or tax cuts for investment in EV production, three Mexican officials familiar with the matter said. The last meeting between top Mexican officials… Continue reading Exclusive-Mexico, facing US pressure, will halt incentives to Chinese EV makers

@Geely: Global News Mon 22 Apr 2024Lotus Tech Releases Video Showcasing ESG Vision: Driving The Future of Sustainable Mobility

Lotus Tech Releases Video Showcasing ESG Vision: Driving The Future of Sustainable Mobility [embedded content] Lotus_Technology_ESG_Video.mp4 New York – April 22, 2024  Lotus Technology Inc. (“Lotus Tech” or the “Company”), a leading global luxury electric vehicle maker has today released a new video, showcasing its transition to sustainable mobility. With an ambition of “Driving Change” and commitment… Continue reading @Geely: Global News Mon 22 Apr 2024Lotus Tech Releases Video Showcasing ESG Vision: Driving The Future of Sustainable Mobility

BluWheelz secures USD 1 million in bridge funding led by Venture Catalysts 

BluWheelz, a tech-enabled mid and last-mile logistics solutions company, has secured USD 1 million in bridge funding led by Venture Catalysts, with participation from FAAD, LetsVenture, and Chakra Growth Fund. Operating in 18 cities with a comprehensive fleet solution covering 2-wheelers, 3-wheelers, and 4-wheelers, BluWheelz distinguishes itself from competitors with plans to integrate 6-wheelers, pioneering… Continue reading BluWheelz secures USD 1 million in bridge funding led by Venture Catalysts