The bank Jefferies has calculated a $22,000 (£18,000) loss on every EV sold by Ford Close News 5 mins read 29 March 2023 How can Ford turn its projection of a $3 billion (£2.5bn) loss on EVs this year into big enough gains to reach a promised 8% profit margin by 2026? Ford last week… Continue reading Can Ford Model E go from £2.5bn loss to 8% profit by 2026?
Tag: Manufacturing
HiPhi to launch in Europe in 2023 with new entry-level EV
“The first two cars are quite large cars, which fit pretty well in China but not necessarily elsewhere around the world,” he reasoned. Drawing on experience from his time at JLR, Stanton compared HiPhi’s ambitions to that of the Range Rover line-up, noting in particular that the entry-level Evoque has been a “pretty damn successful product… Continue reading HiPhi to launch in Europe in 2023 with new entry-level EV
New Ford Tourneo Courier becomes firm’s entry model in Europe
The upcoming second-generation Tourneo Courier will take on a much more significant role for Ford following the death of the Ford Fiesta later this year (and the subsequent exit of the Ford Focus in 2025), effectively becoming its entry-level passenger car. Due to enter production later this year alongside the Ford Puma crossover in Craiova, Romania,… Continue reading New Ford Tourneo Courier becomes firm’s entry model in Europe
@niche: INEOS Styrolution’s K-Resin® KR21 selected by major household appliance manufacturers in Asia for refrigerator inliners002613
K-Resin® KR21: Combines high impact resistance, good ESCR (Environmental Stress Crack Resistance) and chemical resistant properties to make it an ideal material for refrigerator inliners K-Resin®: Widely used in transparent parts of household appliances for its blend of sparkling clarity, well balanced toughness, and rigidity INEOS Styrolution, the global leader in styrenics, has today announced… Continue reading @niche: INEOS Styrolution’s K-Resin® KR21 selected by major household appliance manufacturers in Asia for refrigerator inliners002613
@Honda: Honda Announces Next Steps in Preparation for U.S. EV Production
MARYSVILLE, Ohio (March 14, 2023) – Honda today announced key next steps in the establishment of its EV Hub in Ohio that will lead the company’s journey to an electrified future in North America. In October 2022, Honda announced that it would invest $700 million to re-tool several of its existing auto and powertrain plants… Continue reading @Honda: Honda Announces Next Steps in Preparation for U.S. EV Production
@Honda: Honda’s Zero Emission Stationary Fuel Cell Provides Back Up Power to a Data Center
Stationary fuel cell (FC) on American Honda campus in Torrance, Calif. is a first step toward future commercialization of zero-emission backup power generation In the coming years, Honda will begin applying stationary FC power station technologies to Honda manufacturing facilities and data centers around the world Honda is advancing hydrogen fuel cells to provide clean,… Continue reading @Honda: Honda’s Zero Emission Stationary Fuel Cell Provides Back Up Power to a Data Center
@Honda: LG Energy Solution and Honda Break Ground for New Joint Venture EV Battery Plant in Ohio
JEFFERSONVILLE, Ohio, February 28, 2023 – Honda and LG Energy Solution (LGES; KRX: 373220) today held the official groundbreaking ceremony for a new joint venture EV battery plant over 2 million square feet in size, to be located in Fayette County, near Jeffersonville, Ohio. The two companies have committed to invest $3.5 billion in the… Continue reading @Honda: LG Energy Solution and Honda Break Ground for
New Joint Venture EV Battery Plant in Ohio
Elbit Systems Marks 20 Years of Operating the Elementary Trainer Aircraft Fleet of the Israeli Air Force with 95% Availability Rate
HAIFA, Israel, March 29, 2023 /PRNewswire/ — Elbit Systems Ltd: is marking 20 years of operating the sixteen GROP G-120-AI aircraft fleet of the Israeli Air Force (IAF) that was established by Elbit Systems in 2002 as a multi-year Private Finance Initiative (PFI) program under which the Company procures, operates and maintains the fleet, providing the… Continue reading Elbit Systems Marks 20 Years of Operating the Elementary Trainer Aircraft Fleet of the Israeli Air Force with 95% Availability Rate
SL to sign a deal with India to shift to renewable energy for power generation
Sri Lanka will sign a memorandum of understanding (MoU) with India to promote renewable energy as the Island nation aims to generate 70 per cent of its electricity requirements from renewable sources by 2030. Sri Lankan Cabinet has given approval for a MoU on the cooperation in the field of renewable energy between the two… Continue reading SL to sign a deal with India to shift to renewable energy for power generation
EU to ban new gas, diesel cars by 2035 despite divisions
Emissions from vehicles represent around a fourth of total EU greenhouse gas emissions. European Union (EU) energy ministers have approved a ban on the production and sale of new cars using traditional fossil fuel engines by 2035. However, opposition from four ministers brought to light divisions between member states over the issue. Italy, Bulgaria and… Continue reading EU to ban new gas, diesel cars by 2035 despite divisions