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18 episodes with general motors co
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2 episodes with general motors co
2 episodes with general motors co
ホンダが米自動車大手ゼネラル・モーターズと共同開発した高級車部門アキュラの電気自動車「ＺＤＸ」、２０２４年３月、ニューヨーク【ニューヨーク時事】ホンダは２４日、米自動車大手ゼネラル・モーターズと共同開発した高級車部門アキュラの電気自動車「ＺＤＸ」の生産を終了したと明らかにした。 Japan's Honda Motor Co. said Wednesday that it has ended production of the Acura ZDX luxury electric vehicle, developed jointly with U.S. auto giant General Motors Co.
The Guru of all things General Motors Co-hosts to discuss one of GM's respected brands; Buick. It's not a name commonly associated with enthusiasts, but it's definitely a name your grandparents know very well. We also name a handful of cars that are still a great value and finish with our thoughts on Tesla and plug-in hybrids.
A Southfield-based electric vehicle project will receive $60 million of federal funding for battery research seeking wide-scale EV adoption. The United States Advanced Battery Consortium LLC, a collaboration between General Motors Co., Ford Motor Co., and Stellantis N.V., will focus on boosting the performance and manufacturing capabilities of batteries. The funding aims to extend the range of EVs – a barrier to adoption along with a sparse charging network and expensive upfront cost, opponents say. Get your Audible Membership today! (As an Amazon Associate, we earn from qualified purchases) --- Support this podcast: https://podcasters.spotify.com/pod/show/michigan-in-focus/support
General Motors Co. CEO Mary Barra discusses a slowdown in electric vehicle adoption and the launch of plug-in hybrid models in their North America line-up. She speaks to Bloomberg's Jonathan Ferro. See omnystudio.com/listener for privacy information.
General Motors Co. CEO Mary Barra discusses a slowdown in electric vehicle adoption and the launch of plug-in hybrid models in their North America line-up. She speaks to Bloomberg's Jonathan Ferro. See omnystudio.com/listener for privacy information.
Dec. 14, 2023 ~ Detroit News Politics Editor & Columnist Chad Livengood talks with Paul W about General Motors Co.'s get-back-to-the-office order to white collar employees and the hiring of a new executive focused on real estate are two related events aimed at trying to revive the viability of the automaker's Detroit headquarters.
Third-quarter new vehicle sales are forecast to finish higher year over year after a strong September while the United Auto Workers strike against Ford Motor Co., General Motors Co. and Stellantis NV has looming implications on supply and pricing. In this episode of the “Weekly Wrap,” Deputy Editor Amanda Harris and Senior Associate Editor Riley Wolfbauer discuss the top stories for the week ended Sept. 29 and what to expect in the week ahead.
GM workers in Wentzville were among the first United Auto Workers in the nation to strike for higher pay. Sonya Wagner, who has worked at General Motors Co.'s Wentzville Assembly plant for 10 years, shares why she is on the picket line and what she and her colleagues demand. Also, Washington University sociologist Jason Rosenfeld provides insight on how this strike fits into the larger labor movement in the U.S.
Element 25 Ltd (ASX:E25) managing director Justin Brown runs Proactive's Elisha Newell through the company's landmark deal with American carmaker General Motors Co. E25 plans to ship 32,500 tonnes of manganese every year from its flagship Butcherbird project — a move set to bolster General Motor's annual EV production in North America beyond one million units. In exchange, General Motors will seed a US$85 million loan to construct a new facility in Louisiana, where manganese sulphate will be generated from Butcherbird ore. #ProactiveInvestors #Element25 #ASX #GeneralMotors #Manganese #invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews
In the Marvel Cinematic Universe, Infinity Stones hold immense power that the evil Thanos seeks to wield for his appalling goals, including the demolition of entire universes and the admiration of a particular individual. In contrast, Infinity Stone Ventures is a company that aims to collect crucial minerals that are integral to the creation of electric vehicle batteries and the advancement of clean energy solutions to power our planet. These critical minerals, which include Lithium, Graphite, Nickel, Cobalt, Copper, Manganese, and Gold, are poised for unprecedented demand as the transition towards sustainable energy sources gains momentum. Investing in such ventures could potentially yield significant returns in the long run. WHY? ● In 2030, the global demand for lithium is expected to surpass two million metric tons of lithium carbonate equivalent, more than doubling the demand forecast for 2025. ● Benchmark Minerals report - 300+ new mines needed to meet 2035 battery demand ENTER INFINITY STONE VENTURES $GEMS mission is to be a diversified supplier for all the critical energy metals being used in the clean energy revolution. Whereas most exploration companies will focus on just one or maybe two of those metals - $GEMS has taken a page out of the Thanos playbook by collecting them all. Unlike Thanos, however, they've got nothing but great intentions for all of humanity and have checked the following off the list already with great acquisitions announced over 2022 including: - Lithium ✅ - Graphite ✅ - Cobalt ✅ - Copper ✅ - Manganese ✅ - Nickle ✅ - Gold ✅ Not to mention… Top automakers including Tesla Inc., General Motors Co. and Ford Motor Co. are heading out on the mining conference circuit as soaring demand for metals used in electric vehicles ignites a scramble to lock in long-term supplies. This industry is only getting started We sat down with $GEMS CEO Zayn Kalyan to learn more about ● Infinity Stone continued and aggressive critical minerals strategy in 2023 ● Refining Graphite to 99.73% Purity & their plans to spin Out of Rockstone Graphite Project ● $GEMS Announcement and status on their application for Dual Listing on Upstream Watch this powerful interview to find out why even Thanos would have been jealous of $GEMS
The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
This Wednesday is all about disruption. Not the buzzword kind, but the real kind as we talk about ASOTU's next evolution. We also blow out the candles on Carvana's 10 year birthday cake, as well as give our grocery store magazine review of the soap opera that is the EV transition. Automotive Ventures partnership and what is next for the ASOTUverseCarvana celebrated its 10th birthday yesterday with an ironic stock price of $1 for every year the company has been in business at $10.04Intense focus on customer experience starting in 2013 led to CVNA being one of the youngest company ever to debut on the Fortune 500 First vending machine appeared in Nashville in 2015"Ten years ago, when we sold our first car online in Atlanta, Georgia, it was hard to imagine at that time just how far we would come in our first decade. Carvana's core values and our belief in treating people better have led the way towards creating a better car buying and selling experience," said Ernie Garcia, Carvana Founder and CEOAccording to a new study presented by Cox Automotive, in 2022, 81% of shoppers responded that the overall car buying experience was improved by online activitiesAs the EV world turns:According to recent data, every $100 in Tesla revenue turns into $26 in profit which is far greater than its competitors proving a major competitive advantage. Despite the newsmaking antics of CEO Elon Musk and the company's recent stock value reckoning, the value of Tesla still remains greater than Toyota Motor Co., Mercedes-Benz Group AG, Volkswagen AG, BMW AG, General Motors Co., Stellantis NV and Ford Motor Co. combined.The current court case focusing on Elon Musk's $56B pay package heard closing arguments yesterday in a Delaware court. Chancellor Kathaleen McCormick who is presiding over the case called the prosecution's argument “elegant” and a “kill shot” as they attempt to discredit the manner in which the board posed the pay plan to shareholders for a vote. The defense argues that the package was tied to overall performance and shareholders have received over a 10x increase in stock value since the voteMusk told the court that the pay package was a way to help fulfill ambitions for space travel saying "It's a way to get humanity to Mars," he testified in November. "So Tesla can assist in potentially achieving that."A WSJ article is featuring the broad disagreement on how quickly EV adoption will likely occur, “Most car executives agree that the transition to electric vehicles is inevitable. How rapidly to make the switch is a central question, one that is driving divergent strategies.”“We don't want to risk missing the market,” Volvo Get the Daily Push Back email at https://www.asotu.com/ JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/ Read our most recent email at: https://www.asotu.com/media/push-back-email Share your positive dealer stories: https://www.asotu.com/positivity ASOTU Instagram: https://www.instagram.com/automotivestateoftheunion
Buying a new car today is more painful than ever. Auto prices have risen a shocking 30% in just the past few years. Many used cars aren't much cheaper. The pandemic crunch is partly to blame – high demand and scarce supply caused prices to spike along with everything else. But car prices remain astronomical even though those shortages have largely eased. For a lot of middle class Americans, a new car is now out of reach.And that's just fine with some major automakers. Bloomberg reporters David Welch and Keith Naughton join this episode to explain why General Motors Co. and Ford Motor Co., among other companies, are embracing scarcity and high prices as the new normal.At the same time, China is ramping up production and rising as a leading carmaker. Reporter Tom Hancock describes how the country is churning out millions of electric and gasoline-powered vehicles for customers around the world, with one notable exception: the US. Read more: https://bloom.bg/3E48mQY Listen to The Big Take podcast every weekday and subscribe to our daily newsletter: https://bloom.bg/3F3EJAK Have questions or comments for Wes and the team? Reach us at bigtake@bloomberg.net.This podcast is produced by the Big Take Podcast team: Supervising Producer: Vicki Vergolina, Senior Producer: Kathryn Fink, Producers: Mo Barrow, Rebecca Chaisson, Michael Falero and Federica Romaniello, Associate Producers: Sam Gebauer and Zaynab Siddiqui. Sound Design/Engineers: Raphael Amsili and Gilda Garcia.See omnystudio.com/listener for privacy information.
In our final podcast of 2022, get a brief update on the latest Fed meeting, insights on the potential benefits of investing in securitized debt and our latest thoughts about what's to come in 2023 and beyond. Bloomberg US Corporate High Yield Index measures the performance of publicly issued non-investment grade USD fixed-rate, taxable and corporate bonds. The index is unmanaged, includes net reinvested dividends, does not reflect fees or expenses (which would lower the return) and is not available for direct investment. Index data source: Bloomberg Index Services Limited. See diamond-hill.com/disclosures for a full copy of the disclaimer. S&P 500 Index measures the performance of 500 large companies in the US. Moody's Bond Ratings are intended to characterize the risk of holding a bond. These ratings, or risk assessments, in part determine the interest that an issuer must pay to attract purchasers to the bonds. The ratings are expressed as a series of letters and digits. Investment Grade is a bond quality rating of AAA, AA, A or BBB. As of 30 September 2022, Diamond Hill owned debt in Ford Motor Co., General Motors Co. and General Motors Financial Co. As of 30 November 2022, Diamond Hill owned equity shares of General Motors Co. Risk disclosure: In general, when interest rates rise, fixed income values fall. Mortgage- and asset-backed securities are influenced by factors affecting the housing market and the assets underlying such securities. The securities may decline in value, face valuation difficulties, and become more volatile and/or illiquid. They are also subject to prepayment risk, which occurs when mortgage holders refinance or repay loans sooner than expected, creating an early return of principal to loan holders. The views expressed are those of Diamond Hill as of December 2022 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.
US equity markets rallied as investors digested the latest corporate earnings releases and news of the latest walk back on the tax proposals - Dow gained -551-points or +1.86%, Goldman Sachs Group Inc rose +2.24% following a Wall Street Journal report that the investment bank plans to fold its biggest businesses into three divisions, combining its flagship investment-banking and trading businesses into one unit, while merging asset and wealth management into another, according to people familiar with the matter. A third division will reportedly house transaction banking, the bank's portfolio of financial-technology platforms, specialty lender GreenSky, and its ventures with Apple Inc and General Motors Co. The broader S&P500 +2.65%, with Consumer Discretionary (up 4.23%), Real Estate (+3.89%), Communication Services (+3.34%) and Information Technology (+3.09%) all climbing over >3% to lead all eleven primary sectors higher. The Nasdaq soared +3.43%. The small capitalisation Russell 2000 +3.17%.
US equity markets rallied as investors digested the latest corporate earnings releases and news of the latest walk back on the tax proposals - Dow gained -551-points or +1.86%, Goldman Sachs Group Inc rose +2.24% following a Wall Street Journal report that the investment bank plans to fold its biggest businesses into three divisions, combining its flagship investment-banking and trading businesses into one unit, while merging asset and wealth management into another, according to people familiar with the matter. A third division will reportedly house transaction banking, the bank's portfolio of financial-technology platforms, specialty lender GreenSky, and its ventures with Apple Inc and General Motors Co. The broader S&P500 +2.65%, with Consumer Discretionary (up 4.23%), Real Estate (+3.89%), Communication Services (+3.34%) and Information Technology (+3.09%) all climbing over >3% to lead all eleven primary sectors higher. The Nasdaq soared +3.43%. The small capitalisation Russell 2000 +3.17%.
US equity markets opened the new month and quarter firmly on the front foot, with the benchmark indices rallying over >2% - Dow rallied +765-points or +2.66%, rising as much as +922 points at its session peak and recording its the biggest percentage gain since 24 June, according to Dow Jones Market Data. The broader S&P500 gained +2.59%, with Energy climbing +5.77% to lead all eleven primary sectors higher. Chevron Corp rose +5.61%, Exxon Mobil Corp +5.28%, Marathon Petroleum Corp +3.48%. The Energy Select Sector SPDR Fund, an exchange-traded fund that aims to mirror the performance of the S&P 500 energy sector, rose +5.65% to US$76.09, its biggest daily percentage-point gain since 23 November, 2020, according to Dow Jones Market Data. Tesla Inc fell -8.61% after the electric vehicle maker released third quarter delivery figures on Sunday (2 October) that fell short of consensus expectations. General Motors Co rose +2.43% after reporting that third-quarter vehicle sales increased +24% (to 555,580) compared to a year ago, when supply chain issues weighed more heavily on the company's output. The Nasdaq rose +2.25%, with Apple Inc up +3.08% and Microsoft Corp +3.37%. The small capitalisation Russell 2000 gained +2.65%.
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US equity markets retreated as Treasury yields continued to climb on the eve of the Federal Reserve's latest interest rate decision - Dow down -313-points or -1.01%, falling as much as -550-points earlier in the session. The broader S&P500 fell -1.13%, with Real Estate (down -2.57%) and Materials (-1.90%) leading all eleven primary sectors lower. Ford Motor Co tumbled -12.32% to log its worst single session drop since 2011 after the automaker told investors after the close of the previous session that it saw a +US$1B increase in supply chain costs during the third quarter. General Motors Co fell -5.63%. The Nasdaq -0.95%. Apple Inc rose +1.57% after announcing price rises for the app store in a number of Asian and European countries, likely a response to the surge in the U.S. dollar. Nvidia Corp (down -1.54%) hosted their GPU Technology Conference overnight and said that the launch of its next generation of gaming cards is well positioned. The RTX 4090 Gaming chips using the company's next-generation “Ada Lovelace” architecture, said to perform up to four times faster than its previous generation RTX 3090 Ti, will be available on 12 October for a suggested retail price of US$1,599. Following the keynote address, Chief Executive Officer (CEO) Jensen Huang told analysts that while gaming end markets are soft, they're not so soft that Nvidia won't be able to sell excess inventory it has in the channel. The Dow Jones Transport Average, viewed as a barometer of economic health, dropped -2.27% to a near 19-month low, with all 20 components retreating. The small capitalisation Russell 2000 lost -1.40%.
US equity markets retreated as Treasury yields continued to climb on the eve of the Federal Reserve's latest interest rate decision - Dow down -313-points or -1.01%, falling as much as -550-points earlier in the session. The broader S&P500 fell -1.13%, with Real Estate (down -2.57%) and Materials (-1.90%) leading all eleven primary sectors lower. Ford Motor Co tumbled -12.32% to log its worst single session drop since 2011 after the automaker told investors after the close of the previous session that it saw a +US$1B increase in supply chain costs during the third quarter. General Motors Co fell -5.63%. The Nasdaq -0.95%. Apple Inc rose +1.57% after announcing price rises for the app store in a number of Asian and European countries, likely a response to the surge in the U.S. dollar. Nvidia Corp (down -1.54%) hosted their GPU Technology Conference overnight and said that the launch of its next generation of gaming cards is well positioned. The RTX 4090 Gaming chips using the company's next-generation “Ada Lovelace” architecture, said to perform up to four times faster than its previous generation RTX 3090 Ti, will be available on 12 October for a suggested retail price of US$1,599. Following the keynote address, Chief Executive Officer (CEO) Jensen Huang told analysts that while gaming end markets are soft, they're not so soft that Nvidia won't be able to sell excess inventory it has in the channel. The Dow Jones Transport Average, viewed as a barometer of economic health, dropped -2.27% to a near 19-month low, with all 20 components retreating. The small capitalisation Russell 2000 lost -1.40%.
US equity markets retreated on Friday (19 August), with the recent rebound faltering as interest rate hike fears resurfaced ahead of the Jackson Hole Economic Symposium that begins on Thursday night AEST (25 August) - Dow fell -292-points or -0.86%, The broader S&P500 lost -1.29%, with Consumer Discretionary (-2.10%) and Financials (2.02%) both falling over >2% to lead nine of the eleven primary sectors lower, Information Technology (-1.83%) was also a major drag. Health Care (+0.27%) and Energy (+0.02%) were the only primary sectors to advance. General Motors Co rose +2.53% after it said it would reinstate quarterly dividend payouts. Occidental Petroleum Corp jumped more +9.88% after Warren Buffett's Berkshire Hathaway Inc received regulatory approval (after filing an application with the Federal Energy Regulatory Commission on 11 July) to buy to half of the oil company. Berkshire currently owns 188.5M shares of Occidental, equal to a 20.2% position. It surpassed a key threshold where Berkshire could record some of the oil company's earnings with its own, potentially adding billions of dollars in profit. The Nasdaq -2.01%. The small capitalisation Russell 2000 lost -2.17%. Bed Bath & Beyond Inc tumbled -40.54% after Bloomberg reported that some suppliers are restricting or halting shipments altogether after the home-goods retailer fell behind on payments. The report came after GameStop Corp Chairman Ryan Cohen disclosed in a filing after the close of last Wednesday's (17 August) session that he's planning to sell his big stake in the company just months after he bought it.
US equity markets retreated on Friday (19 August), with the recent rebound faltering as interest rate hike fears resurfaced ahead of the Jackson Hole Economic Symposium that begins on Thursday night AEST (25 August) - Dow fell -292-points or -0.86%, The broader S&P500 lost -1.29%, with Consumer Discretionary (-2.10%) and Financials (2.02%) both falling over >2% to lead nine of the eleven primary sectors lower, Information Technology (-1.83%) was also a major drag. Health Care (+0.27%) and Energy (+0.02%) were the only primary sectors to advance. General Motors Co rose +2.53% after it said it would reinstate quarterly dividend payouts. Occidental Petroleum Corp jumped more +9.88% after Warren Buffett's Berkshire Hathaway Inc received regulatory approval (after filing an application with the Federal Energy Regulatory Commission on 11 July) to buy to half of the oil company. Berkshire currently owns 188.5M shares of Occidental, equal to a 20.2% position. It surpassed a key threshold where Berkshire could record some of the oil company's earnings with its own, potentially adding billions of dollars in profit. The Nasdaq -2.01%. The small capitalisation Russell 2000 lost -2.17%. Bed Bath & Beyond Inc tumbled -40.54% after Bloomberg reported that some suppliers are restricting or halting shipments altogether after the home-goods retailer fell behind on payments. The report came after GameStop Corp Chairman Ryan Cohen disclosed in a filing after the close of last Wednesday's (17 August) session that he's planning to sell his big stake in the company just months after he bought it.
US equity markets advanced on the first day of the third quarter ahead of the 4 July holiday long weekend, with both the S&P500 and Nasdaq snapping a four-session losing streak - Dow rose +322-points or +1.05%. The broader S&P500 gained +1.06%, with Utilities (up +2.48%) leading all eleven primary sectors higher. General Motors Co rose +1.35% despite the automaker warning of a second-quarter earnings shortfall, as vehicle wholesale volumes were hurt by the timing of semiconductor shipments and other supply chain disruptions. GM expects net income for the quarter to 30 June to be between US$1.6B and US$1.9B, well below current consensus analyst forecasts of US$2.46B. However, the company affirmed its full-year outlook (for net income of US$9.6B to US$11.2B) as the supply disruptions are expected to be temporary. The Nasdaq +0.9%. Meta Platforms Inc closed down -0.76% following news that it's cutting its hiring plans for engineers as it prepares for a potential downturn. Chief Executive Officer (CEO) Mark Zuckerberg said “one of the worst downturns we've seen in recent history” is ahead, according to a recording heard by Reuters. Tesla Inc (up +1.24%) disclosed on Saturday (2 July) that sales of cars and SUVs fell -18% in the second quarter to 254,695 (versus consensus expectations for 256,250), snapping a two year streak of gains and marking their lowest quarterly level since last the third quarter of 2021 as supply-chain issues and pandemic restrictions in China hobbled production of its electric vehicles. Tesla delivered 310,048 vehicles in the first quarter of 2022 and 201,250 vehicles in the second quarter of 2021. Tesla is slated to release its second quarter result on 20 July. Micron Technology Inc fell -2.95% after the chipmaker provided a weak fourth quarter outlook after the closing bell of last Thursday's (30 June) session. The small capitalisation Russell 2000 lost -0.49%. Retailer Kohl's Corp slumped -19.63% after confirming a CNBC report that it had ceased talks with Franchise Group, saying that the retail environment has worsened since bidding began. Kohl's also cut its outlook for the current quarter. US equity and bond markets are CLOSED tonight AEST for the Independence Day holiday.
US equity markets advanced on the first day of the third quarter ahead of the 4 July holiday long weekend, with both the S&P500 and Nasdaq snapping a four-session losing streak - Dow rose +322-points or +1.05%. The broader S&P500 gained +1.06%, with Utilities (up +2.48%) leading all eleven primary sectors higher. General Motors Co rose +1.35% despite the automaker warning of a second-quarter earnings shortfall, as vehicle wholesale volumes were hurt by the timing of semiconductor shipments and other supply chain disruptions. GM expects net income for the quarter to 30 June to be between US$1.6B and US$1.9B, well below current consensus analyst forecasts of US$2.46B. However, the company affirmed its full-year outlook (for net income of US$9.6B to US$11.2B) as the supply disruptions are expected to be temporary. The Nasdaq +0.9%. Meta Platforms Inc closed down -0.76% following news that it's cutting its hiring plans for engineers as it prepares for a potential downturn. Chief Executive Officer (CEO) Mark Zuckerberg said “one of the worst downturns we've seen in recent history” is ahead, according to a recording heard by Reuters. Tesla Inc (up +1.24%) disclosed on Saturday (2 July) that sales of cars and SUVs fell -18% in the second quarter to 254,695 (versus consensus expectations for 256,250), snapping a two year streak of gains and marking their lowest quarterly level since last the third quarter of 2021 as supply-chain issues and pandemic restrictions in China hobbled production of its electric vehicles. Tesla delivered 310,048 vehicles in the first quarter of 2022 and 201,250 vehicles in the second quarter of 2021. Tesla is slated to release its second quarter result on 20 July. Micron Technology Inc fell -2.95% after the chipmaker provided a weak fourth quarter outlook after the closing bell of last Thursday's (30 June) session. The small capitalisation Russell 2000 lost -0.49%. Retailer Kohl's Corp slumped -19.63% after confirming a CNBC report that it had ceased talks with Franchise Group, saying that the retail environment has worsened since bidding began. Kohl's also cut its outlook for the current quarter. US equity and bond markets are CLOSED tonight AEST for the Independence Day holiday.
The electric vehicle market in the United States is reaching an inflection point as companies look to boost manufacturing at the same time that two more large automakers are on the verge of losing a critical consumer incentive. The $7,500 electric vehicle tax credit begins phasing out at 200,000 vehicles sold per manufacturer, a threshold General Motors Co. and Tesla Inc. hit years ago. Ford Motor Co. and Toyota Motor Corp. are quickly approaching that sales milestone, which has automakers and EV advocates looking to Congress to step in. Democrats remain interested in ways to expand the EV credit, but that effort is wrapped up in the Biden administration's stalled tax, climate, and social spending plan. Ellen Hughes-Cromwick, a senior resident fellow for climate and energy at the think tank Third Way, is the guest on the latest episode of Talking Tax. Hughes-Cromwick—who previously worked at the Commerce Department and Ford—discusses growth in the electric vehicle sector, breaks down the argument for expanding the federal tax credit, and explains what it will take to create a market for used EVs. Do you have feedback on this episode of Talking Tax? Give us a call and leave a voicemail at 703-341-3690.
(00:00:53) 全球供應鏈面臨陣痛期，《華爾街見聞》提醒業者：小心供過於求 (00:06:00) 多國「國內增產」斷尾求生？IMF呼籲「採購多元化」 (00:11:05) 經濟學人：美國Fed，老富蘭克林也看不下去了！
US equity markets advanced to lift the benchmark indices to their best weekly performance since the week ended 6 November 2020, according to Dow Jones Market Data - Dow climbed for a fifth straight session, settling +274-points or +0.80% higher. Salesforce.com Inc and Apple Inc were among the top gainers in the Dow, rising +3.99% and +2.09% respectively The broader S&P500 gained +1.17%. Information Technology (up +2.19%) and Consumer Discretionary (+2.18%) both gained over >2% to lead ten of the eleven primary sectors higher. Utilities (down –0.90%) was the only primary sector to settle in the red on Friday (18 March). General Motors Co rose +0.4% in extended trading on Friday (18 March) after announcing that it was buying Softbank Vision Fund's stake in its autonomous-driving unit Cruise for US$2.1B, lifting its stake to ~80%. GM will also make an additional US$1.35B investment in Cruise in place of SoftBank, it said. The technology centric Nasdaq rallied +2.05%. Nvidia Corp rallied +6.8% and Meta Platforms Inc +4.16% The small capitalisation Russell 2000 added +1.02%. Friday's (18 March) marked Quadruple Witching, the simultaneous expiration of stock index futures, stock index options, stock options and single-stock futures.
US equity markets advanced to lift the benchmark indices to their best weekly performance since the week ended 6 November 2020, according to Dow Jones Market Data - Dow climbed for a fifth straight session, settling +274-points or +0.80% higher. Salesforce.com Inc and Apple Inc were among the top gainers in the Dow, rising +3.99% and +2.09% respectively The broader S&P500 gained +1.17%. Information Technology (up +2.19%) and Consumer Discretionary (+2.18%) both gained over >2% to lead ten of the eleven primary sectors higher. Utilities (down –0.90%) was the only primary sector to settle in the red on Friday (18 March). General Motors Co rose +0.4% in extended trading on Friday (18 March) after announcing that it was buying Softbank Vision Fund's stake in its autonomous-driving unit Cruise for US$2.1B, lifting its stake to ~80%. GM will also make an additional US$1.35B investment in Cruise in place of SoftBank, it said. The technology centric Nasdaq rallied +2.05%. Nvidia Corp rallied +6.8% and Meta Platforms Inc +4.16% The small capitalisation Russell 2000 added +1.02%. Friday's (18 March) marked Quadruple Witching, the simultaneous expiration of stock index futures, stock index options, stock options and single-stock futures.
Tokyo keeps 3rd place in global city ranking Tokyo ranked third after London and New York in an annual Global Power City Index report released Nov. 24, retaining the position for the sixth consecutive year thanks to greater work flexibility amid the COVID-19 pandemic. The top five cities remained unchanged in the latest report, compiled by the Mori Memorial Foundation's Institute for Urban Strategies, but the pandemic had a significant impact on some indicators, such as tourism and working styles. London finished in the top spot for the 10th straight year, while Paris and Singapore rounded out the top five in fourth and fifth place, respectively. (The Japan Times) Toyota dethrones GM as US sales leader Japanese automaker Toyota Motor Corp. outsold General Motors Co. in the United States in 2021, marking the first time the Detroit automaker has not led U.S. auto sales for a full year since 1931. Toyota sold 2.332 million vehicles in the U.S. in 2021, compared with 2.218 million for General Motors, the automakers said on Jan. 4. Last year was marred by a shortage of semiconductors used heavily in vehicles, forcing automakers to focus on their most profitable models. GM had been the largest seller of vehicles in the U.S. since 1931, when it surpassed Ford, according to data from industry publication Automotive News. (Reuters) These articles were provided by The Japan Times Alpha.
Many businesses take drastic measures to improve operational efficiency, but few achieve the desired outcome. Learn more about the 80/20 principle and the Kaizen philosophy and how some companies have achieved success by implementing these practices. As of January 31, 2022, Diamond Hill owned shares of Colfax Corp., General Motors Co. and SPX Flow, Inc. As of November 30, 2021, Diamond Hill owned debt in Ford Motor Co. The views expressed are those of the speaker as of January 2022 and are subject to change without notice. These opinions are not intended to be a forecast of future events, a guarantee of future results, or investment advice. Investing involves risk, including the possible loss of principal. Past performance is not a guarantee of future results.
Show #1352 If you get any value from this podcast please consider supporting my work on Patreon. Plus all Patreon supporters get their own unique ad-free podcast feed. Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Monday 24th January. It's Martyn Lee here and I go through every EV story so you don't have to. Thank you to MYEV.com for helping make this show, they've built the first marketplace specifically for Electric Vehicles. It's a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too. Welcome to a new EXECUTIVE PRODUCER TYLER VOSS WATCH RECORD-SETTING LUCID AIR DREAM EDITION 70-MPH RANGE TEST - We knew going into the range test that the Air would likely crush the 310-mile range test results we achieved on a 2021 Tesla Model 3 in our 70-mph range test, which was our range test leader until now. The only question that remained was by how much. - Lucid provided us with a production Lucid Air Dream Edition Range with the 19" Aero wheels which is the configuration that is EPA certified at 520 miles per charge. If you put the 21" wheels on this same vehicle, the EPA range rating drops to 481 miles - The temperature was 51° F (10.5° C) when we started the day, which isn't really ideal conditions for range testing. However, by the end of the day, the temperature had crept up to 69° F (20.5° C) - The consumption rate remained consistent and was on 4.3 mi per kWh for the vast majority of the drive, and only dropped down to 4.2 mi/kWh on occasion. - When the range test was over, we had used 117+ kWh of the Air's 118 kWh usable battery capacity, so we really ran it down to a completely drained battery. We drove the Air for six miles after the state of charge read zero, and about 3 more miles after the display said we had consumed 117 kWh on the trip. That leads us to believe we had less than .25 kWh left in the battery when we ended the test. - Lucid uses the 5-cycle test procedure to certify its vehicle's range with the EPA. Tesla, Audi, Polestar, and Rivian also use the 5-cycle test, while all other OEMs use the 2-cycle test. - Tesla vehicles, for instance, usually underperform their EPA range number by 10% to 13%. The Air actually did very well in this regard, falling only 4% short of its EPA range rating Original Source : https://insideevs.com/reviews/562511/lucid-air-range-test-record/ CYBERTRUCK PHOTOS LEAKED! - “The wiper lives flat across the bottom of the windscreen ? Or upright ? And Holy cow... it extends and retracts, potentially covering every inch of the glass.” Original Source : https://www.cybertruckownersclub.com/forum/threads/cybertruck-photos-leaked-%F0%9F%93%B8.4660/ TESLA'S GROSS MARGIN IN FOCUS WITH Q4 EARNINGS - Tesla Inc's (NASDAQ:TSLA) crushing fourth-quarter delivery turns the focus on how well the company managed costs amid supply headwinds and whether the electric vehicle maker is on track to deliver 40% long-term gross margins when it reports quarterly earnings on Wednesday, according to Loup Ventures analyst Gene Munster. - Tesla delivered 28.8% automotive gross margins in the third quarter, compared with 25.8% in the second quarter ended June. - Tesla Chief Financial Officer Zach Kirkhorn had told investors on the third quarter post-earnings call that there's "an awakening" for electric vehicles and that the company does not have a demand issue but the ability to produce as many cars. Original Source : https://markets.businessinsider.com/news/stocks/tesla-s-gross-margin-in-focus-with-q4-earnings-as-investors-look-for-apple-like-growth-story-munster-1031122133 PANASONIC TO START PRODUCING NEW TESLA BATTERIES IN 2023 - Panasonic will start the mass production of new lithium-ion batteries that will increase the range of electric vehicles over 15% as early as 2023 to compete with rival South Korean and Chinese battery makers. Original Source : https://asia.nikkei.com/Business/Automobiles/Panasonic-to-start-producing-new-Tesla-batteries-in-2023 TESLA NOW RUNS THE MOST PRODUCTIVE AUTO FACTORY IN AMERICA - Last year Tesla's factory in Fremont, California, produced an average of 8,550 cars a week. That's more than Toyota Motor Corp.'s juggernaut in Georgetown, Kentucky (8,427 cars a week), BMW AG's Spartanburg hub in South Carolina (8,343) or Ford Motor Co.'s iconic truck plant in Dearborn, Michigan (5,564), according to a Bloomberg analysis of production data from more than 70 manufacturing facilities. - Tesla's Fremont factory is a scrappy site to behold. Originally built by General Motors Co. in the 1960s and jointly operated by GM and Toyota until after GM's 2009 bankruptcy, new additions have been kludged together to form an anthill of manufacturing. In what was once a rear parking lot, a pair of industrial tent structures provide shelter for bustling assembly lines that wouldn't fit inside the packed factory. - For all its rapid growth and dominance in electric vehicles, Tesla is still just the 10th biggest auto manufacturer in North America. The new plant in Austin should change that and, according to Levy, help Tesla maintain its EV lead for as long as the supply imbalances continue. Original Source : https://www.bloomberg.com/graphics/2022-tesla-factory-california-texas-car-production/ GM TO INVEST $6.5 BILLION IN MICHIGAN FOR EV PRODUCTION - General Motors Co. is expected to detail plans Tuesday to invest $6.5 billion in two Michigan sites and create 4,000 jobs in the state, according to a meeting agenda and two sources familiar with the situation. - The Detroit automaker is scheduled to announce its investment at an event in Lansing. The news would come a day before Gov. Gretchen Whitmer's State of the State address, which is expected to highlight the state's economic development efforts as the auto industry pivots to electrification. - GM and battery partner LG Energy Solution are planning a $2.5 billion investment in Lansing near GM's Delta Township plant for a battery cell manufacturing site that will support a growing list of coming EVs. - GM also received a tax abatement for a $1.3 billion investment at its Orion Assembly plant in Lake Orion to build EVs, but the investment amount there is expected to total $4 billion. Sources previously told The Detroit News the automaker plans to build electric trucks there. Original Source : https://www.detroitnews.com/story/business/autos/general-motors/2022/01/21/gm-invest-6-billion-michigan-ev-production/6599934001/ EXCLUSIVE RENAULT, NISSAN, MITSUBISHI TO UNVEIL 2030 EV PLAN THIS WEEK - Renault SA (RENA.PA), Nissan Motor Co and Mitsubishi Motors Corp (7211.T) plan to triple their investment to jointly develop electric vehicles (EVs), two people with knowledge of the plan told Reuters. - The three are expected to announce on Thursday a plan to invest more than 20 billion euros ($23 billion) over the next five years on EV development, the sources said. By 2030, the alliance is expected to come up with more than 30 new battery EVs underpinned by five common platforms, they said. - That is in addition to 10 billion euros the group has already spent on electrification - The three-firm alliance has developed and partly deployed four common EV platforms. - One underpins EVs such as Nissan's upcoming Ariya and Renault's Megane EV, and another supports affordable no-frills cars by Nissan and its China market partner Dongfeng, as well as for Renault's Dacia brand. The other two are platforms for micro minis, called “kei cars” in Japan, and light commercial vehicles. - The automakers are expected to use common batteries and other key components. The alliance plans to jointly invest in capacity to produce in France, Britain, China and Japan a total of 220 gigawatt hours of battery capacity by 2030 under the plan, the sources said. Original Source : https://www.reuters.com/business/autos-transportation/exclusive-renault-nissan-mitsubishi-unveil-2030-ev-plan-this-week-2022-01-23 DONGFENG E70 LAUNCHED WITH A SOLID-STATE BATTERY, 50 DEMONSTRATION CARS DELIVERED Original Source : https://carnewschina.com/2022/01/23/dongfeng-e70-launched-with-a-solid-state-battery-50-demonstration-cars-delivered/ APPLE'S SELF-DRIVING CAR PROJECT HITS ANOTHER SPEED BUMP AS ENGINEERING MANAGER DEPARTS Original Source : https://9to5mac.com/2022/01/23/apples-self-driving-car-project-hits-another-speed-bump-as-engineering-manager-departs/ LAMBORGHINI AVENTADOR SUCCESSOR WILL BE A V12 PLUG-IN HYBRID Original Source : https://www.thedrive.com/news/43985/lamborghini-aventador-successor-will-be-a-v12-plug-in-hybrid-report SHANGHAI MAYOR WANTS MORE CHIP PRODUCTION FACILITIES TO SUPPORT NEW-ENERGY VEHICLE GROWTH Original Source : https://www.scmp.com/business/china-business/article/3164446/shanghai-mayor-wants-more-chip-production-facilities NEW QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM Tom Moloughney's Lucid Air 70mph range test yielded a real world highway range of 500 miles. That raises the bar by a huge amount and make the Lucid Air easily the longest range EV ever tested. But…do EV's ever need a range of 500 miles? Email me your answer now: hello@evnewsdaily.com It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I'll catch you tomorrow and remember…there's no such thing as a self-charging hybrid. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM
Show #1350 If you get any value from this podcast please consider supporting my work on Patreon. Plus all Patreon supporters get their own unique ad-free podcast feed. Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Saturday 22nd January. It's Martyn Lee here and I go through every EV story so you don't have to. Thank you to MYEV.com for helping make this show, they've built the first marketplace specifically for Electric Vehicles. It's a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too. Welcome to a new, mysterisouly names, Patreon Producer N FROM CANADA KIA EV6 NAMED 2022 WHAT CAR? CAR OF THE YEAR - The Kia EV6 has been named What Car? Car of the year 2022. - The electric SUV earned the top prize for setting new benchmarks for electric cars, with an official range of 328 miles and managing 224 miles in a near worst-case low temperature conditions test conducted by What Car?'s testers. The judges also praised its super-fast, 800V charging capability, allowing for a 10-80% charge in as little ast 18 minutes. - The win makes Kia only the third non-European manufacturer to win the top prize at the What Car? Awards, which began in 1978. - FAMILY SUV: Volvo XC40 Recharge T4 Plus (Dark Theme) - SMALL EV: Cupra Born 58kWh V2 - LARGE EV: Tesla Model 3 Long Range - PERFORMANCE CAR: Porsche Taycan Cross Turismo 4S - INNOVATION AWARD: Gridserve Original Source : https://www.autocar.co.uk/car-news/new-cars/kia-ev6-named-2022-what-car-car-year VOLKSWAGEN GIVING ELECTRIC VEHICLES CHIP PRIORITY AS ASSEMBLY TO START IN CHATTANOOGA PLANT - Volkswagen's electric vehicles are getting priority over conventional models in terms of the availability of semiconductor chips as the company's Chattanooga plant soon launches a battery-powered SUV, an official said. - Volkswagen Group of America became the No. 2 seller of EVs in the United States last year with its ID.4 SUV and other electric vehicles - VW is spending $800 million in an expansion at the Chattanooga plant to ready for production of the ID.4 later this year. Early prototypes are already coming down the assembly line. Original Source : https://news.yahoo.com/volkswagen-giving-electric-vehicles-chip-160000336.html TESLA'S BERLIN FACTORY TO ELECT WORKS COUNCIL ON FEB. 28 - Tesla's Berlin factory will elect its first works council on Feb. 28, Germany's largest union IG Metall said on Thursday, expressing concern that it was too soon for the election to result in a truly representative body. - Only one in six of the roughly 12,000 workers expected at the plant have been hired so far, - calling an election before a wider swathe of workers are hired will lead to a council top-heavy with management - Under German labor law, only employees who have been working at a company for at least six months can stand for election. Original Source : https://europe.autonews.com/automakers/teslas-berlin-factory-elect-works-council-feb-28 TESLA GIGA BERLIN: MORE THAN 100 MIG TESLA MODEL Y IN PARKING LOT - One of the latest drone flyovers of the Tesla Giga Berlin plant in Grünheide near Berlin, Germany indicate that Tesla has already produced a substantial number of pre-production Model Y. - Tobias Lindh reports that more than 100 units were seen in the parking lot on January 18. - it is allowed to produce 2,000 Model Y bodies (up from 250 previously), which potentially means also 2,000 fully assembled pre-production cars. - If the manufacturer launches the Made-in-Germany (MIG) cars with the 2170-type cylindrical cell battery, it actually should not differ much compared to the ones produced in California or China. Original Source : https://insideevs.com/news/562032/tesla-giga-berlin-100-modely TESLA INSURANCE GOES LIVE IN ARIZONA AND OHIO - Tesla Insurance has officially gone live in Arizona and Ohio, becoming the fourth and fifth states to have access to the company's in-house coverage program. - Tesla officially confirmed that its insurance program was officially active in Arizona and Ohio by adding the two states to the Insurance webpage on its website. Arizona and Ohio officially join California, Texas, and Illinois as the other states to offer the in-house program. - Tesla Insurance is expected to launch in New York in the coming months, CEO Elon Musk said in September. Original Source : https://www.teslarati.com/tesla-insurance-arizona-ohio 37 PER CENT RISE IN PUBLIC ELECTRIC CAR CHARGERS - Official figures revealed by the Department for Transport show the number of public charge points for electric cars rose by 37 per cent in 2021. - That amounts to 7,600 new devices, which means, as of January 1, 2022, there were a total of 28,375 public charge points available, of which 5,156 were rapid chargers - . In the capital, there are 102 public chargers per 100,000 of population, while at the other end of the scale Northern Ireland has just 18 per 100,000. - The average provision across the UK is 42 per 100,000. - DfT says its information is provided by the EV charge point app Zap-Map, which claims to record 95 per cent of all available devices. The government's own database (the National Chargepoint Registry) records fewer than 20,000 public charge points nationwide - Zap-Map doesn't record how many cars can be charged by a single charge point device, so the true picture of charge capacity is likely to be higher than the stated number, the DfT says. Original Source : https://www.autoexpress.co.uk/news/357150/37-cent-rise-public-electric-car-chargers GM TO DELIVER ELECTRIC SUV CADILLAC LYRIQ TO CUSTOMERS IN 'FEW MONTHS' - General Motors Co's (GM.N) pre-production version of electric SUV Cadillac Lyriq have been assembled and the final production version is expected to be delivered to customers in a few months, President Mark Reuss said in a LinkedIn post on Thursday - Lyriq, an all-electric mid-size SUV, was unveiled by GM in August 2020 in a move to transform its traditional combustion engine lineup to an electric one.GM's Cadillac will offer the Lyriq, Symboliq, Celestiq, Escalade EV as well as a compact SUV by 2025. Original Source : https://www.reuters.com/business/autos-transportation/gm-deliver-electric-suv-cadillac-lyriq-customers-few-months-2022-01-20 CADILLAC LAUNCHES PRE-SERIES PRODUCTION OF THE LYRIQ - Cadillac has started pre-series production of its first electric model, the Lyriq, at GM's Spring Hill assembly plant in the state of Tennessee. The first deliveries of the electric car are expected to take place “in a few months”. - CEO Mary Barra commented under Reuss' post, “Our teams continue to prove that we can do remarkable things when we share a vision. Thank you to the Spring Hill and Cadillac teams for all their hard work to make this milestone possible.” She said she couldn't wait “for customers to experience how the Cadillac Lyriq truly redefines expectations for luxury electric vehicles.” - In September, reservations were opened in the US and closed again only a few minutes later because the ‘Debut Edition' was already sold out. Original Source : https://www.electrive.com/2022/01/21/cadillac-launches-pre-series-production-of-the-lyriq/ ROLLS-ROYCE 'SPIRIT OF INNOVATION' IS THE WORLD'S FASTEST ALL-ELECTRIC AIRCRAFT Original Source : https://www.flyingmag.com/its-official-rolls-royce-spirit-of-innovation-is-the-worlds-fastest-all-electric-aircraft/ BIRD UNVEILS STATE-OF-THE-ART BATTERY MANAGEMENT SYSTEM Original Source : https://finance.yahoo.com/news/bird-unveils-state-art-battery-140000149.html CARGO EBIKES COMING TO MANCHESTER, UK Original Source: https://ilovemanchester.com/ebikes-coming-to-manchester QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM What TV, Print or Digital advertising have you seen for EVs recently which you noticed, or thought was memorable? Email me your answer now: hello@evnewsdaily.com It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I'll catch you tomorrow and remember…there's no such thing as a self-charging hybrid. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM/
Show #1347 If you get any value from this podcast please consider supporting my work on Patreon. Plus all Patreon supporters get their own unique ad-free podcast feed. Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Wednesday 19th January. It's Martyn Lee here and I go through every EV story so you don't have to. Thank you to MYEV.com for helping make this show, they've built the first marketplace specifically for Electric Vehicles. It's a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too. Welcome to a new Patreon Producer JOHN DYSON PODCAST RECOMMENDATION: HOW VOLKSWAGEN IS REINVENTING ITSELF AS AN EV COMPANY - How Volkswagen can reinvent itself as an EV company, with CEO Herbert Diess - Volkswagen is one of the two biggest carmakers in the world — there's a battle every year between VW and Toyota for the top spot; they both sell around 10 million cars a year. - Herbert oversees a huge range of familiar car brands: VW, of course, but also Audi, Lamborghini, Porsche, and Bentley, as well as Skoda and Seat in Europe. A recent management shuffle also put him directly in charge of Volkswagen's software subsidiary, which is called CARIAD, and, of course, he's in charge of VW's aggressive efforts to electrify its lineup and shift all its cars to being EVs. - Herbert and I talked about all of that and the overall transition to EVs, including VW's new EV microbus, which is very cool. We also talked about how a company like Volkswagen can move as quickly as smaller competitors like Tesla. Original Source : https://www.theverge.com/22888316/decoder-interview-herbert-diess-volkswagen-nostalgia-ev-self-driving FORD STOCK ACTIVE ON $8.2 BILLION Q4 GAIN FROM RIVIAN INVESTMENT - Ford shares were active in early Wednesday trading after the carmaker said late Tuesday that its early investment in Rivian Automotive would add around $8.2 billion to its fourth quarter bottom line. - In an investor update ahead of its formal earnings release on February 3, Ford said gains from Rivian's November IPO would be booked as a special item over the three months ending in December. Ford invested $500 million in Rivian in 2019 -- building that to $1.2 billion in the following years -- and has a total stake of around 12% in the Irvine, California-based EV group. Original Source : https://www.thestreet.com/markets/ford-stock-jumps-on-8-2-billion-q4-gain-from-rivian-investment GM RECEIVES TAX ABATEMENT FOR POTENTIAL $1.3 BILLION ORION INVESTMENT - Orion Township officials on Tuesday approved a tax abatement for a proposed $1.3 billion investment by General Motors Co. to build electric vehicles at its Orion Assembly plant in Lake Orion. - GM requested the maximum period permitted for the tax abatement: 12 years, plus three years during the construction phase for the investment, which is expected to lead to the creation or retention of 2,000 jobs, GM said in its tax abatement application, which The Detroit News previously obtained. - Sources previously told The News GM plans to use the plant to build electric trucks based on its new Ultium battery-electric platform. The recalled Chevrolet Bolt EV and EUV are currently assembled there, but production is down through February as GM prioritizes battery module replacements for the recalled Bolts. - How much GM will save from the abatement is not yet known - GM is also looking to invest billions in Delta Township near Lansing for a battery cell manufacturing plant it's proposing to build there with battery partner LG Energy Solution. GM also applied to receive local and state tax breaks for that project. Original Source : https://eu.detroitnews.com/story/business/autos/general-motors/2022/01/18/gm-receives-tax-abatement-potential-1-3-billion-orion-investment/6569944001/ LUCID AIR DREAM EDITION 0-60 MPH, 1/4-MILE PERFORMANCE GETS REAL-WORLD TEST - Drag racing veteran and host of YouTube's DragTimes channel Brooks Weisblat was able to test the Lucid Air Dream Edition Performance's capabilities. The vehicle was owned by a longtime car enthusiast who currently owns a Tesla Model S Plaid, a Porsche Taycan Turbo S, and several other supercars. In a walkthrough of the vehicle, the Lucid owner highlighted several of the features he is fond of in the Air, such as its tactile controls, as well as some things he wishes were improved, such as its software and audio system. - With Launch Mode enabled, the Air attacked the quarter-mile without hesitation. Ultimately, the first test of the Lucid Air Dream Edition Performance showed that the vehicle showcased a 0-60 mph time of 2.93 seconds and a quarter-mile time of 10.21 seconds. The vehicle's trap speed was also very impressive at 143.37 mph. - In its third test, for example, the all-electric luxury sedan's 0-60 mph dropped to 2.88 seconds, which is closer to the 2.5 seconds estimated by Lucid. Original Source : https://www.teslarati.com/lucid-air-dream-edition-0-60-mph-quarter-mile-test-video/ PORSCHE TAYCAN SELECTED AS FORMULA E SAFETY CAR FOR SEASON 8 - The ABB FIA Formula E World Championship has selected the all-electric Porsche Taycan as its official Safety Car for season 8. The new SC is set to make its formal debut at the opening round of the Formula E season later this month in Diriyah, Saudi Arabia. - “Formula E is delighted the Porsche Taycan Turbo S will serve as the championship's Safety Car from Season 8,” says Jamie Reigle, CEO of Formula E. “The Porsche Taycan Turbo S is the pinnacle of high performance electrified vehicles and will light up Formula E city racetracks around the world.” - Porsche Taycan SCs are fitted with highly visible light bars and the necessary toggles and switches in the cabin to operate them properly. - Mechanically, however, the Formula E Porsche Taycan seems to be almost stock. Original Source : https://electrek.co/2022/01/18/porsche-taycan-selected-as-formula-e-safety-car-for-season-8/ WINNEBAGO E-RV ELECTRIC CAMPER VAN CONCEPT HAS 125 MILES OF RANGE - Recreational vehicles rounded the corner into the electric era today with the unveiling of the Winnebago e-RV concept at the Florida RV SuperShow. Using a Ford Transit van as the basis of the concept, Winnebago and its powertrain partner, Lightning eMotors, swapped in an an electric motor and an 86.0-kWh battery pack. - While Winnebago did not release an estimated horsepower rating for the e-RV camper van concept, it did say that estimated driving range would be 125 miles per charge, which is significantly shorter than today's EV passenger vehicles. But the Winnebago has a bed, a kitchenette, and wet bath with a shower, all home-style amenities you won't find in a Tesla. - For right now, the e-RV is merely a concept and Winnebago says that as battery technology evolves there's a potential for additional range. The e-RV concept has an onboard charger that is capable of juicing the battery at an owner's home, at public high-speed charging ports, or while plugged into shore power at a campground. According to Winnebago, the e-RV can charge up in about 45 minutes using a high-speed public charging station. Original Source : https://www.caranddriver.com/news/a38803078/winnebago-electric-camper-van-photos-info/ TESLA DRIVER IS CHARGED IN A DEADLY CRASH INVOLVING AUTOPILOT - California prosecutors have filed two counts of vehicular manslaughter against the driver of a Tesla on Autopilot who ran a red light, slammed into another car and killed two people in 2019. - The defendant appears to be the first person to be charged with a felony in the United States for a fatal crash involving a motorist who was using a partially automated driving system. Los Angeles County prosecutors filed the charges in October, but they came to light only last week. - The criminal charges aren't the first involving an automated driving system, but they are the first to involve a widely used driver technology. - In the Tesla crash, police said a Model S was moving at a high speed when it left a freeway and ran a red light in the Los Angeles suburb of Gardena and struck a Honda Civic - NHTSA added that all state laws hold human drivers responsible for operation of their vehicles. Though automated systems can help drivers avoid crashes, the agency said, the technology must be used responsibly. Original Source : https://www.npr.org/2022/01/18/1073857310/tesla-autopilot-crash-charges TESLA AUTOPILOT FAR FROM RELIABLE, CHINESE STUDY FINDS Original Source : https://www.scmp.com/tech/big-tech/article/3163849/tesla-autopilot-and-other-mainstream-assisted-driving-systems-far VOLKSWAGEN AND BOSCH SET UP JV TO PUSH EUROPEAN BATTERY PRODUCTION Original Source : https://techcrunch.com/2022/01/18/volkswagen-and-bosch-set-up-jv-to-push-european-battery-production CAN BENTLEY CRACK THE EV MARKET? Original Source : https://www.ft.com/content/4b0f88d8-f0ff-4145-94fd-9c3037446442 10 KEY EV MILESTONES TO WATCH OUT FOR IN 2022 - The transition to electric vehicles represents one of the most significant shifts in the automotive industry's history. Here are the 10 key milestones we expect to see in 2022. 1. The EV pickup market will accelerate dramatically 2. Tesla must meet Cybertruck or Semi production deadline 3. Crunch time for Canoo and Arrival 4. NIO launches semi-solid-state battery 5. Production finally begins for 4680-format cells 6. Rivian and Lucid enter production hell? 7. Tesla's Germany and Austin factories come online 8. More interest in Lithium Iron Phosphate batteries 9. The first confirmed EV based on a Foxconn platform 10. Chinese EV exports to Europe will grow Original Source : https://www.just-auto.com/features/10-key-ev-milestones-to-watch-out-for-in-2022/ QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM What TV, Print or Digital advertising have you seen for EVs recently which you noticed, or thought was memorable? Email me your answer now: hello@evnewsdaily.com It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I'll catch you tomorrow and remember…there's no such thing as a self-charging hybrid. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM/
Banking and industrial stocks powered the Dow Jones Industrial Average to a fresh record closing high overnight as worries about the Omicron variant of the coronavirus subsided, while a fall in heavyweight technology stocks dragged the S&P 500 and the Nasdaq indices lower - Dow up +215-points or +0.59% to 36,800, touching a fresh intraday peak of 36,934.84. Investment banks Goldman Sachs Group Inc (up +3.07%) and JP Morgan Chase & Co (+3.79%), and integrated payments giant American Express Co (+3.21%) were among the leading Dow performers and among those companies seen to be beneficiaries of rising interest rates. The broader S&P500 dipped -0.06% to 4,793.54 after scaling a fresh record intra-day high (4,818.62) earlier in the session. Energy (up +3.10%) was the leading primary sector performer for a second straight session, while Financials (+2.60%) and Industrials (+2.09%) both gained over >2%. Health Care (down -1.38%) and Information Technology (-1.14%) brought up the rear. Ford Motor Co jumped +11.67% and hit a 21-year high after the auto maker said it plans to nearly double production of its all-electric F-150 Lightning pickups at its Dearborn, Michigan, facility to 150K trucks a year to meet “soaring customer demand.” General Motors Co rallied +7.47% after saying the semiconductor supply issues that have plagued the auto industry improved during the fourth quarter. The company said it delivered 440,745 vehicles in the fourth quarter, down -43% from a year ago, when quarterly retail sales were the best in 13 years. Dealer inventory, including in-transit vehicles on their way to dealers, totalled 199,662 at the end of the fourth quarter, up +55% from a record low of 128,757 at the end of the third quarter. Tesla Inc fell -4.18% after soaring +13.53% in the previous session after releasing a statement on Sunday (2 January) and saying it delivered 308,600 vehicles in the fourth quarter alone, crushing consensus analyst forecasts for 266K. The technology-centric Nasdaq shed -1.33%, under pressure from a fresh rise in bond yields. Apple Inc fell -1.27% to US$179.70 a day after becoming the first public company to reach US$3 trillion in market capitalisation (achieving the milestone after briefly trading above >US$182.86 per share). Advanced Micro Devices lost -3.87%, with Chief Executive Lisa Su announcing new products in an event tied to the annual technology conference in Las Vegas. Ms Su said the company was releasing 20 new Ryzen 6000 series laptop processors beginning in February, and three new Radeon RX 6000S GPUs for thin gaming laptops. Ultrathin gaming laptops were the fastest-growing PC segment, selling at a rate more than three times faster than traditional gaming laptops, Ms Su said.The small capitalisation Russell 2000 slipped -0.16%.
Banking and industrial stocks powered the Dow Jones Industrial Average to a fresh record closing high overnight as worries about the Omicron variant of the coronavirus subsided, while a fall in heavyweight technology stocks dragged the S&P 500 and the Nasdaq indices lower - Dow up +215-points or +0.59% to 36,800, touching a fresh intraday peak of 36,934.84. Investment banks Goldman Sachs Group Inc (up +3.07%) and JP Morgan Chase & Co (+3.79%), and integrated payments giant American Express Co (+3.21%) were among the leading Dow performers and among those companies seen to be beneficiaries of rising interest rates. The broader S&P500 dipped -0.06% to 4,793.54 after scaling a fresh record intra-day high (4,818.62) earlier in the session. Energy (up +3.10%) was the leading primary sector performer for a second straight session, while Financials (+2.60%) and Industrials (+2.09%) both gained over >2%. Health Care (down -1.38%) and Information Technology (-1.14%) brought up the rear. Ford Motor Co jumped +11.67% and hit a 21-year high after the auto maker said it plans to nearly double production of its all-electric F-150 Lightning pickups at its Dearborn, Michigan, facility to 150K trucks a year to meet “soaring customer demand.” General Motors Co rallied +7.47% after saying the semiconductor supply issues that have plagued the auto industry improved during the fourth quarter. The company said it delivered 440,745 vehicles in the fourth quarter, down -43% from a year ago, when quarterly retail sales were the best in 13 years. Dealer inventory, including in-transit vehicles on their way to dealers, totalled 199,662 at the end of the fourth quarter, up +55% from a record low of 128,757 at the end of the third quarter. Tesla Inc fell -4.18% after soaring +13.53% in the previous session after releasing a statement on Sunday (2 January) and saying it delivered 308,600 vehicles in the fourth quarter alone, crushing consensus analyst forecasts for 266K. The technology-centric Nasdaq shed -1.33%, under pressure from a fresh rise in bond yields. Apple Inc fell -1.27% to US$179.70 a day after becoming the first public company to reach US$3 trillion in market capitalisation (achieving the milestone after briefly trading above >US$182.86 per share). Advanced Micro Devices lost -3.87%, with Chief Executive Lisa Su announcing new products in an event tied to the annual technology conference in Las Vegas. Ms Su said the company was releasing 20 new Ryzen 6000 series laptop processors beginning in February, and three new Radeon RX 6000S GPUs for thin gaming laptops. Ultrathin gaming laptops were the fastest-growing PC segment, selling at a rate more than three times faster than traditional gaming laptops, Ms Su said.The small capitalisation Russell 2000 slipped -0.16%.
A federal judge in Georgia has blocked the Biden administration's nationwide mandate for federal contractors' employees to be vaccinated amid a slew of challenges from states that say the president overstepped his authority in requiring the COVID-19 shots. The mandate, which was to have taken effect Jan. 4, applies to roughly a quarter of the U.S. workforce and would have affected companies that do business with the federal government, including Lockheed Martin Corp., Microsoft Corp., Alphabet Inc.‘s Google and General Motors Co. The case is similar to an emergency regulation from the U.S. Occupational Safety and Health Administration that orders private-sector companies with 100 employees or more to require vaccinations of their employees. The Sixth Circuit Court is poised to consider the consolidated challenges to the OSHA rule.
A federal judge in Georgia has blocked the Biden administration's nationwide mandate for federal contractors' employees to be vaccinated amid a slew of challenges from states that say the president overstepped his authority in requiring the COVID-19 shots. The mandate, which was to have taken effect Jan. 4, applies to roughly a quarter of the U.S. workforce and would have affected companies that do business with the federal government, including Lockheed Martin Corp., Microsoft Corp., Alphabet Inc.‘s Google and General Motors Co. The case is similar to an emergency regulation from the U.S. Occupational Safety and Health Administration that orders private-sector companies with 100 employees or more to require vaccinations of their employees. The Sixth Circuit Court is poised to consider the consolidated challenges to the OSHA rule.
US equity markets relinquished solid gains to settle lower after the country recorded its first confirmed case of the omicron variant of the coronavirus – the Dow staged a 983-point U-turn to settle -462-points or -1.34% lower at 34,022.04, unwinding an earlier +520-point/+1.5% rally and settling below its 200-day moving average (34,361.27) for the first time since July. Salesforce.Com Inc tumbled -11.74% after the customer relationship management company provided disappointing fourth quarter earnings per share (EPS) guidance after the close of the previous session. The broader S&P500 lost -1.18% to 4,513.04, closing below its 50-day moving average (4,539.32) for the first time since 13 October. Communication Services (down -1.98%) and Consumer Discretionary (-1.86%) both fell over >1.5% to lead ten of the eleven primary sectors lower, with seven sectors logging declines of over >1%. Utilities (up +0.16%) was the only primary sector to close in the black. General Motors Co edged +0.33% higher after the automaker slightly raised its 2021 earnings guidance (to ~US14B from US$11.5B-to-US$13.5B previously) on strong pricing, resilient consumer demand and a stronger-than-expected supply of semiconductor chips. The Nasdaq dropped -1.83% after rallying as much as +1.8% earlier in the session. The small capitalisation Russell 2000 shed -2.18% to mark its first official correction since June of 2020. Some commentators also cited tax loss selling as a factor for the recent weakness.
US equity markets relinquished solid gains to settle lower after the country recorded its first confirmed case of the omicron variant of the coronavirus – the Dow staged a 983-point U-turn to settle -462-points or -1.34% lower at 34,022.04, unwinding an earlier +520-point/+1.5% rally and settling below its 200-day moving average (34,361.27) for the first time since July. Salesforce.Com Inc tumbled -11.74% after the customer relationship management company provided disappointing fourth quarter earnings per share (EPS) guidance after the close of the previous session. The broader S&P500 lost -1.18% to 4,513.04, closing below its 50-day moving average (4,539.32) for the first time since 13 October. Communication Services (down -1.98%) and Consumer Discretionary (-1.86%) both fell over >1.5% to lead ten of the eleven primary sectors lower, with seven sectors logging declines of over >1%. Utilities (up +0.16%) was the only primary sector to close in the black. General Motors Co edged +0.33% higher after the automaker slightly raised its 2021 earnings guidance (to ~US14B from US$11.5B-to-US$13.5B previously) on strong pricing, resilient consumer demand and a stronger-than-expected supply of semiconductor chips. The Nasdaq dropped -1.83% after rallying as much as +1.8% earlier in the session. The small capitalisation Russell 2000 shed -2.18% to mark its first official correction since June of 2020. Some commentators also cited tax loss selling as a factor for the recent weakness.
Show #1206. If you get any value from this podcast please consider supporting my work on Patreon. Plus all Patreon supporters get their own unique ad-free podcast feed. Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Thursday 9th September. It's Martyn Lee here and I go through every EV story so you don't have to. Thank you to MYEV.com for helping make this show, they've built the first marketplace specifically for Electric Vehicles. It's a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too. HONDA, GM TO SHARE EV PARTS - The Japanese automaker Honda is strengthening ties with General Motors to share components for electric vehicles. They aim to shorten the time needed to develop new models, and keep up with the wave of electrification taking place around the world. Honda will develop platforms for small and medium-sized cars. GM will make them for larger models. Original Source : https://www3.nhk.or.jp/nhkworld/en/news/20210907_13/ TESLA FINISHES CONSTRUCTION OF SHANGHAI-BASED SUPERCHARGER PRODUCTION PLANT - Tesla completed the construction of its Supercharger production plant in Shanghai in late August and is going through debugging of the equipment that will run from August 21 to September 25, according to a local media outlet. - The building works officially commenced on January 20 this year, according to an environment impact assessment report. The plant consists of 5 semi-automatic assembly lines, which are capable of producing 10,000 Superchargers per year. The site will produce the V3 Superchargers. Original Source : https://autonews.gasgoo.com/china_news/70018666.html BOSSES FROM ELECTRIC CARMAKER RIVIAN TO VISIT UK SITE BEING CONSIDERED FOR GIANT FACTORY - Bosses from Amazon-backed US carmaker Rivian are flying into the UK next week to visit a potential site for a giant electric car factory, sources have told the West of England mayor's office. California-based Rivian is said to be eyeing an area between Bristol and Bridgwater, in Somerset, for a UK plant. - Rivian executives will be involved in a series of meetings with government and business officials, and will visit Somerset's 616-acre Gravity smart campus - off junction 23 of the M5. - Rivian bosses will also visit Bristol to find out about the city's innovation expertise, concluding with a dinner aboard the SS Great Britain. They will then fly on to Germany to visit a rival site before making a final decision, it is understood. Original Source : https://www.business-live.co.uk/manufacturing/bosses-electric-carmaker-rivian-visit-21501260 FORD POACHES TOP TECH EXECUTIVE DOUG FIELD WHO HELPED LEAD APPLE'S TOP-SECRET CAR PROJECT - Ford has hired former Tesla and Apple executive Doug Field to lead its emerging technology efforts, a key focus for the automaker under its new Ford+ turnaround plan.The hire is a major new addition for Ford, while a big hit to Apple and its secret car project, which the company has yet to confirm exists. Apple, in an emailed statement, said: “We're grateful for the contributions Doug has made to Apple and we wish him all the best in this next chapter.” - The hire is a major addition for Ford and a big hit to Apple and its secret car project, which the company has yet to confirm exists. - Field — who led development of Tesla's Model 3 —most recently served as vice president of special projects at Apple, which reportedly included the tech giant's Titan car project. Original Source : https://www.cnbc.com/2021/09/07/ford-hires-ex-tesla-apple-executive-doug-field-to-lead-advanced-tech.html VOLKSWAGEN SAYS IT WILL LEASE USED EVS TO MAINTAIN CONTROL OVER ITS BATTERIES - At the Munich auto show this week, Volkswagen Group CEO Herbert Diess told the press his company plans to offer leases on its used EVs as a way to maintain control over the batteries that power them. - Automotive News Europe reports Diess told the audience that Volkswagen will offer used-vehicle leases on its ID family of electric vehicles, including those in North America, as a strategy to keep control over their valuable batteries. Diess said the secondary leases would allow the company to recycle the valuable battery packs into new uses, including home power centers and fast chargers. - “In Europe, we are trying to get a second lease and even a third lease, and keep the car in our hands,” Diess said. “Battery life we think today is about 1,000 charging cycles and around 350,000 kilometers [about 215,000 miles], something like that. So, the battery would probably live longer than the car, and we want to get hold of the battery. We don't want to give the battery away.” Original Source : https://cleantechnica.com/2021/09/08/volkswagen-says-it-will-lease-used-evs-to-maintain-control-over-its-batteries/ NEW BRITISHVOLT BATTERY CELL FACTORY UNDER CONSTRUCTION - Works have begun at Britishvolt's new battery cell factory in Blyth, Northumberland. Planning permission for the cell factory was granted unanimously by Northumberland County Council in July and construction of the facility is scheduled to begin in autumn or winter this year. - The production facility will be built on the 95-hectare former site of the town's power station. Once up and running, the company is planning to start production in 2023, according to the latest Britishvolt announcement. In total, the plant is expected to create around 3,000 direct jobs and a further 5,000 in associated supply chains. - The project is to be built in three phases of ten GWh each, reaching a full capacity of 30 GWh by the end of 2027. To get things underway, Britishvolt has commissioned construction partner ISG with the preliminary work. ISG will clear the site and take preparatory steps for the utilities and infrastructure of the construction site. Original Source : https://www.nextgreencar.com/news/9221/new-britishvolt-battery-cell-factory-under-construction PORSCHE TAYCAN'S STRONG DEMAND OUTPACES AUTOMAKER'S PRODUCTION CAPACITY - The Porsche Taycan is experiencing massive demand with delivery estimates stretching up to six months, said CEO Oliver Blume. The demand for Porsche's all-electric four-door sedan outpaced the company's production capacity for 2021 in the first quarter alone. “Our original production capacity for the Taycan was 20,000 units this year – we've sold that many in the first half of the year,” Blume said during a panel discussion at the IAA Mobility show in Munich. The Porsche CEO noted that “incoming orders are huge,” including in China. - The Taycan's popularity continued to accelerate in Q2 2021, with Porsche exceeding all the deliveries in 2020 in just the first half of the quarter. The accelerated popularity of the Taycan was partly due to the new variants released of the all-electric four-door. Original Source : https://www.teslarati.com/porsche-taycan-demand-beats-production-capacity MOTORTREND: WE DRIVE THE 2022 RIVIAN R1T OFF-ROAD ACROSS THE TRANS-AMERICA TRAIL, PART 1 - This route winds around the Appalachians, across the mighty Mississippi, through the Great Plains, and over the Rockies, before threading through the west's high-desert slick rock and redwoods to the coast. Some paved roads dot the trail, but they're few and far between. Because of the endeavor's sheer scale and distance, MotorTrend together with Rivian dedicated 43 days to the adventure, split into five legs. We divided into five crews of staffers as we navigated our convoy of two near-production-spec 2022 Rivian R1Ts and our support vehicle, a Ram 1500 TRX, across the Trans-America Trail. Original Source : https://www.motortrend.com/features/2022-rivian-r1t-exclusive-drive-review-trans-america-trail-off-road TESLA SOLD 44,264 CHINA-MADE VEHICLES IN AUGUST, LOCAL DELIVERIES UP - U.S. electric vehicle maker Tesla Inc in August sold 44,264 China-made vehicles, including 31,379 for export, the China Passenger Car Association (CPCA) said on Wednesday. Local sales of China-made vehicles jumped to 12,885 cars last month from 8,621 cars in July. Tesla's sales in the first month of each quarter are usually lower than the following two months. - China's BYD sold 60,858 electric vehicles last month, while General Motors Co's China joint venture with SAIC Motor delivered 43,783 units. Original Source : https://finance.yahoo.com/news/tesla-sold-44-264-china-080815117.html TESTED: 2021 TESLA MODEL S PLAID TRAVELS 345 MILES - Tesla's tri-motor 1,020-hp flagship sedan covered 345 miles on Edmunds' real-world EV range loop, falling just shy of its EPA-estimated range by 3 miles.It ties the 2021 Tesla Model 3 Long Range for first place on our EV range leaderboard among both luxury and non-luxury EVs. The Plaid proved to be pretty efficient when driven with restraint, consuming slightly less energy than a Porsche Taycan 4S tested in similar conditions Original Source : https://www.edmunds.com/car-news/2021-tesla-model-s-plaid-travels-345-miles-tying-edmunds-real-world-range-leader-the-tesla-model-3-long-range.html A TESLA RECORED A MAN FAKING BEING BACKED INTO AT A GAS STATION - Arthur Bates Jr., the 47-year-old man in question, was in the gas station's parking lot where the “incident” occurred. In video footage from the Tesla released by local authorities, Bates can be seen behind the vehicle. - In the video, Bates can be seen behind the Tesla as it slowly reverses. As the vehicle comes to a stop, Bates literally walks into the bumper of the car and collapses on the ground pretending he's in pain and placing his foot on the back of the car. - Bates then had the nerve to go and call for emergency services, with an ambulance and firefighters coming to check him for injuries. Police managed to find the driver of the car who explained that they witnessed Bates intentionally getting behind the vehicle Original Source : https://jalopnik.com/a-guy-tried-to-pull-a-fast-one-by-claiming-a-tesla-back-1847631428 QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM IAA mobility show is this week. The most headline grabbing cars from the big names will get the headlines, but do YOU think needs electrifying to fill a gap in the market? Email me your thoughts and I'll read them out on Sunday – hello@evnewsdaily.com It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I'll catch you tomorrow and remember…there's no such thing as a self-charging hybrid. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM/
S&P500 and Nasdaq booked fresh record closing highs as attention turns to tonight's AEST August jobs data - Dow up +131-points or +0.37% . The broader S&P500 added +0.28% to 4,536.95, touching a record intraday high of 4,545.85 earlier in the session. Energy (up +2.53%) led eight of the elven primary sectors higher, with Health Care (+1.08%) and Industrials (+1.02%) both rising over >1%. The global shortage of computer chips continues, forcing automakers to temporarily close factories. General Motors Co (down -0.33%) announced that it would pause production at eight North American plants during the next two weeks, including two that make the company's top-selling Chevrolet Silverado pickup. Ford Motor Co (-0.76%) will stop making pickups at its Kansas City Assembly Plant for the next two weeks. Shifts will be cut at two more truck plants in Dearborn, Michigan, and Louisville, Kentucky. The Nasdaq edged +0.14% higher to 15,331.18, also setting an intraday all-time high (15,380.07). Apple Inc climbed +0.75% to a record closing high of US$153.65 after the most valuable U.S. company by market capitalisation announced concessions for some large developers on its App Store regarding commissions. Apple said late Wednesday (1 September) it will allow developers of so-called “reader” apps, which offer content on a subscription basis like Netflix Inc (+1.11% to US$588.55 and extending their best-ever two-week stretch of gains into record territory) and Spotify Technology SA (+6.57%), to give customers the option of sidestepping its in-app purchase commissions by making direct purchases from the respective companies. Separately, CNBC reported that Apple was preparing mass production of the Apple Car by 2024. The small capitalisation Russell 2000 up +0.74%. In merger and acquisition (M&A) news, Baxter International Inc +4.8% higher after it said it has entered an agreement to acquire fellow medical technology company Hill-Rom Holdings Inc. for US$156 per share, in a deal with an enterprise value of ~US$12.4B.”
S&P500 and Nasdaq booked fresh record closing highs as attention turns to tonight's AEST August jobs data - Dow up +131-points or +0.37% . The broader S&P500 added +0.28% to 4,536.95, touching a record intraday high of 4,545.85 earlier in the session. Energy (up +2.53%) led eight of the elven primary sectors higher, with Health Care (+1.08%) and Industrials (+1.02%) both rising over >1%. The global shortage of computer chips continues, forcing automakers to temporarily close factories. General Motors Co (down -0.33%) announced that it would pause production at eight North American plants during the next two weeks, including two that make the company's top-selling Chevrolet Silverado pickup. Ford Motor Co (-0.76%) will stop making pickups at its Kansas City Assembly Plant for the next two weeks. Shifts will be cut at two more truck plants in Dearborn, Michigan, and Louisville, Kentucky. The Nasdaq edged +0.14% higher to 15,331.18, also setting an intraday all-time high (15,380.07). Apple Inc climbed +0.75% to a record closing high of US$153.65 after the most valuable U.S. company by market capitalisation announced concessions for some large developers on its App Store regarding commissions. Apple said late Wednesday (1 September) it will allow developers of so-called “reader” apps, which offer content on a subscription basis like Netflix Inc (+1.11% to US$588.55 and extending their best-ever two-week stretch of gains into record territory) and Spotify Technology SA (+6.57%), to give customers the option of sidestepping its in-app purchase commissions by making direct purchases from the respective companies. Separately, CNBC reported that Apple was preparing mass production of the Apple Car by 2024. The small capitalisation Russell 2000 up +0.74%. In merger and acquisition (M&A) news, Baxter International Inc +4.8% higher after it said it has entered an agreement to acquire fellow medical technology company Hill-Rom Holdings Inc. for US$156 per share, in a deal with an enterprise value of ~US$12.4B.”
Our listeners are going to steer the show today. It's an open topic show with a variety of questions and news. Allson Walker is The Lady Auto Mechanic: text 601-502-3157https://www.facebook.com/theladyautomechanic78/ https://www.instagram.com/the_lady_auto_mechanic/ https://twitter.com/TheLadyAutoMech https://www.automotivegroup.biz/contactus.htmRecalls for the LAST COUPLE OF weeks: Ram 1500, 1500 Classic, 2500 and 3500 pickup trucks have an airbag issue.Hyundai and Kia are issuing separate recalls for 2016-20 model years. The issue concerns a damaged trunk latch.2021 Audi and Volkswagen vehicles with malfunctioning seat belt retractors2020-22 Cadillac's CT4s and CT5s are now being recalled for an issue concerning the roof-rail side curtain airbags.BMWs, Toyota Supras, and Z4s. Dealers need to update the engine management software.BMWs, Minis, Rolls-Royce, and Toyota Supras have a seat belt retractor recall. 2021 and 2022 Ford Transit and Transit Connect vans are being recalled for an issue with the locking retractor on a passenger seat belt.2018-20 model-year Subarus have a faulty fuel pumpYou can find out if your car has a past recall by going to the National Highway Traffic Safety Administration's website: https://www.nhtsa.gov/recalls and inputting your VIN number. Or find their SaferCar app.In the news: General Motors Co. and AT&T plan to bring 5G connectivity to millions of the automaker's vehicles in the U.S. over the next decade. Beginning with 2024 vehicles. https://www.detroitnews.com/story/business/autos/general-motors/2021/08/19/gm-at-t-partner-equip-vehicles-5-g-capability/8184464002/Auto Casey: Kia K5 sedan Short take: https://www.youtube.com/watch?v=AHXNXyMaYxc Long version: https://www.youtube.com/watch?v=W4Yzv_lKq4kCalls:oil for your carradiator fluidinspection of used carFreon in the carparking breakLincolnbrake warning lightsmechanics test drivesvibrationswaping engine See acast.com/privacy for privacy and opt-out information.
Show #1175. If you get any value from this podcast please consider supporting my work on Patreon. Plus all Patreon supporters get their own unique ad-free podcast feed. Good morning, good afternoon and good evening wherever you are in the world, welcome to EV News Daily for Wednesday 11th August. It's Martyn Lee here and I go through every EV story so you don't have to. Thank you to MYEV.com for helping make this show, they've built the first marketplace specifically for Electric Vehicles. It's a totally free marketplace that simplifies the buying and selling process, and help you learn about EVs along the way too. TESLA CHINA SHIPMENTS OF LOCALLY MADE CARS PLUNGE IN JULY "Tesla Inc. shipments of China-made cars to the local market fell sharply last month following a run of negative publicity and the recall of almost every vehicle the company has sold in the country." - Tesla's domestic sales were the lowest in the last 15 months, Dan Levy, a Credit Suisse analyst, wrote to clients. In addition Europe, Tesla's China-made cars are being exported to Japan, Australia, New Zealand, Singapore and Hong Kong. The company has said the Shanghai factory has become its primary export hub. · Original Source : https://www.bloomberg.com/news/articles/2021-08-10/tesla-china-deliveries-of-locally-made-cars-plunge-69-in-july Tesla sold 32,968 China-made vehicles in July - Tesla Inc sold 32,968 China-made vehicles in July, including 24,347 for export, the China Passenger Car Association (CPCA) said on Tuesday. - Local sales of China-made vehicles plunged 69% to 8,621 cars from 28,138 in June. Tesla's sales in the first month of each quarter are usually lower than the following two months. - China's BYD sold 50,387 electric vehicles last month, while General Motors Co's China joint venture with SAIC Motor delivered 27,347 units. Original Source : https://finance.yahoo.com/news/1-tesla-sold-32-968-082047193.html Tesla sales crash in China as buyers choose domestic models over Elon Musk's models - Sales of Tesla cars plunged sharply in China last month, following a string of scandals and concerns over privacy in the world's most populous country. - The decline came despite a 164% jump in overall wholesale deliveries of new energy vehicles in China - which includes electric, hybrid and hydrogen fuel cell cars - to 271,000 cars. - The figures suggested that while Chinese consumers remain eager to buy alternative energy vehicles, they are increasingly opting for local rather than western brands. Original Source : https://www.standard.co.uk/business/technology-media/tesla-sales-fall-in-china-for-elon-musk-b950175.html TESLA FILES TO PRODUCE 5 MORE VERSIONS OF MODEL Y AT GIGAFACTORY SHANGHAI - Five more versions of the Model Y electric SUV at Gigafactory Shanghai. Some of those variants are expected to be exported to other markets that will get the electric SUV for the first time. - There appears to be 2 Model Y Standard Range versions – one with a domestically produced motor and one with an imported motor. - The fact that Tesla is applying to produce two versions of the Model Y Standard Range in China could mean that one of them is going to be exported to other markets. - Among the new Model Y versions that Tesla is applying to produce in China, there are also a new Model Y Long Range RWD, Model Y Long Range Dual Motor, and a new Model Y Performance. The most surprising is the Model Y Long Range RWD since it's not something Tesla is currently offering on the online configurator for the electric SUV in China. Original Source : https://electrek.co/2021/08/11/tesla-files-produce-5-model-y-versions-gigafactory-shanghai-exportations/ XPENG'S P5 ELECTRIC CAR CAN NOW READ TRAFFIC LIGHTS - Xpeng Motors, which beat Tesla last week in a JD Power survey of electric cars, has been testing its autonomous driving system with a new capability to read traffic conditions, underscoring its push to outsmart the brand that is considered the benchmark in new-energy vehicles. - Navigation Guided Pilot (NGP) highway solutions, now available on Xpeng's P7 sedan, will be expanded to cover city-level scenarios for the new P5 sedan, where two of six versions equipped with LIDAR. The NGP includes features that give a real-time readout of traffic lights across China's urban cities, according to a video circulated on China's social media. - the P5 made two automatic lane changes with voice-over assistance and merged into the left lane. The vehicle was then able to recognise the green light at an intersection, passing through it before the light turned red, in a demonstration of the vehicle's 32 perception sensors in action. - Xpeng priced P5's price at between 160,000 yuan and 230,000 yuan (US$35,460) to attract budget-conscious customers last month, soon after Tesla unveiled a cheaper version of its Model Y sports-utility vehicle that was 20 per cent cheaper than its extended-range version. Original Source : https://www.scmp.com/business/companies/article/3144695/chinas-ev-war-xpengs-p5-electric-car-can-now-read-traffic-lights CHINA: WULING HONG GUANG MINI EV CRUISES AT 30,000 SALES A MONTH - China's best-selling electric vehicle for nearly a year, the Wuling Hong Guang MINI EV, continues to cruise at around 30,000 sales a month. In July, sales of this entry-level EV amounted to 30,706 according to Chinese media, which probably means that the company is constrained on the production line level. - The key factor that allows the company to achieve such high sales levels is the price of about $4,700. - 120 km (75 miles) of range using 9.3 kWh battery 170 km (106 miles) of range using 13.9 kWh battery - top speed of 100 km/h (62 mph) with electric motor: 20 kW Original Source : https://insideevs.com/news/525542/china-wuling-hongguang-sales-july2021 NIO INC. PROVIDES JULY 2021 DELIVERY UPDATE − - NIO delivered 7,931 vehicles in July 2021, representing a strong 124.5% year-over-year growth. The deliveries consisted of 1,702 NIO ES8s, the Company's six-seater or seven-seater flagship premium smart electric SUV, 3,669 NIO ES6s, the Company's five-seater high-performance premium smart electric SUV, and 2,560 NIO EC6s, the Company's five-seater premium smart electric coupe SUV. Original Source : https://evobsession.com/nio-inc-provides-july-2021-delivery-update/ MERCEDES-BENZ CONFIRMS THE ELECTRIC EQS WILL COST OVER $100,000 - Mercedes-Benz has confirmed that the EQS sedan, its flagship electric vehicle, will cost at least $100,000, as it began taking orders in Germany on Tuesday. The base model, which has a 90kWh battery pack and uses a single electric motor to power the rear wheels, starts at €106,374.10 — roughly $124,000. The more expensive dual-motor, all-wheel drive variant features a 107.8kWh battery pack and will start at €135,529.10 — or nearly $159,000. - For €89 per month (after a year free, of course), EQS owners will get the privilege of playing Tetris, Sudoku, and other mini-games on the massive “hyperscreen” in the dashboard, among other features. Original Source : https://www.theverge.com/2021/8/10/22618661/mercedes-benz-eqs-price-sale-germany-orders-over-the-air TESLA UPDATES OWNERS REGARDING MODEL S DELIVERY TIMEFRAMES - Tesla has updated several owners about the potential delivery timeframes of the Model S sedan. Some owners received updates regarding the delivery dates, and others received a memo from Tesla clarifying disappearing delivery timeframes. - We finally have an updated estimated delivery date for our Long Range Model S. After briefly showing August twice, our estimate disappeared – now reappearing with a more clear October 31 – November 20 timeline. We're still hoping to get our car before then but what can you do? Original Source : https://www.teslarati.com/tesla-model-s-delivery-timeframe-update/ LG ENERGY SOLUTION'S 'BATTERY INNOVATION CONTEST' - LG Energy Solution is opening up a battery competition to public by hosting an international battery contest. Through the event, LG Energy Solution aims to spur active research within the battery industry. The event is open for entry from August 9th until the end of September. - Although open to various themes, some of the anticipated topics may evolve around super safe battery, long life cycle, low cost, solid-state electrolyte and next-generation battery. - Nominated universities and research institutions will be granted with up to USD $150,000 of research and development expenses annually, as well as opportunities to exchange technologies by dispatching researchers from LG Energy Solution for at least a year. Original Source : https://www.prnewswire.com/news-releases/lg-energy-solution-spurs-growth-in-battery-industry-by-hosting-battery-innovation-contest-301350613.html UK: THIRD OF DRIVERS UNDECIDED OVER PETROL, DIESEL OR ELECTRIC POWER Original Source : https://uk.motor1.com/news/524664/drivers-undecided-petrol-diesel-electric GAS STATIONS FACE TOUGH, COSTLY CHOICE ON EV CHARGERS Original Source : https://www.wsj.com/articles/gas-stations-face-tough-costly-choice-on-ev-chargers-11628600400 UNITED KINGDOM'S ELECTRIC VEHICLE PLANS COULD BE A BLUEPRINT FOR THE U.S. Original Source : https://energynews.us/2021/08/10/commentary-the-united-kingdoms-electric-vehicle-plans-could-be-a-blueprint-for-the-u-s/ LETTER: PUT A HEAVY TAX ON GAS CARS. THEN THE EV MARKET WILL THRIVE https://www.latimes.com/opinion/story/2021-08-10/put-a-heavy-tax-on-gas-cars-evs QUESTION OF THE WEEK WITH EMOBILITYNORWAY.COM On a scale of 1-10, where does ‘environment' rank for the reason you're interested in EVs? Email me your thoughts and I'll read them out on Sunday – hello@evnewsdaily.com It would mean a lot if you could take 2mins to leave a quick review on whichever platform you download the podcast. And if you have an Amazon Echo, download our Alexa Skill, search for EV News Daily and add it as a flash briefing. Come and say hi on Facebook, LinkedIn or Twitter just search EV News Daily, have a wonderful day, I'll catch you tomorrow and remember…there's no such thing as a self-charging hybrid. PREMIUM PARTNERS PHIL ROBERTS / ELECTRIC FUTURE BRAD CROSBY PORSCHE OF THE VILLAGE CINCINNATI AUDI CINCINNATI EAST VOLVO CARS CINCINNATI EAST NATIONAL CAR CHARGING ON THE US MAINLAND AND ALOHA CHARGE IN HAWAII DEREK REILLY FROM THE EV REVIEW IRELAND YOUTUBE CHANNEL RICHARD AT RSEV.CO.UK – FOR BUYING AND SELLING EVS IN THE UK EMOBILITYNORWAY.COM/
US equity markets retreated despite another round of solid corporate earnings releases as investors continued to eye fresh COVID-19 impacts and slowing growth in China - Dow added +54-points or +0.15% . The broader S&P500 eased -0.33%, with Energy (down -1.41%) the worst performing primary sector for a second consecutive session. Utilities (up +1.2%) sat atop the primary sector leaderboard. General Motors Co (down -1.81%) announced that its Lansing Delta Township Assembly plant in Michigan and Spring Hill Assembly plant in Tennessee would take downtime from July 19 through July 26.The Nasdaq fell -0.70%. The small capitalisation Russell 2000 fell -0.55%. Moderna Inc rallied over >5% in the extended session after S&P Dow Jones Indices confirmed that the biotechnology company would be added to the S&P500 index at the opening of trading on 21 July, replacing Alexion Pharmaceuticals Inc (down -3.27%).
US equity markets retreated despite another round of solid corporate earnings releases as investors continued to eye fresh COVID-19 impacts and slowing growth in China - Dow added +54-points or +0.15% . The broader S&P500 eased -0.33%, with Energy (down -1.41%) the worst performing primary sector for a second consecutive session. Utilities (up +1.2%) sat atop the primary sector leaderboard. General Motors Co (down -1.81%) announced that its Lansing Delta Township Assembly plant in Michigan and Spring Hill Assembly plant in Tennessee would take downtime from July 19 through July 26.The Nasdaq fell -0.70%. The small capitalisation Russell 2000 fell -0.55%. Moderna Inc rallied over >5% in the extended session after S&P Dow Jones Indices confirmed that the biotechnology company would be added to the S&P500 index at the opening of trading on 21 July, replacing Alexion Pharmaceuticals Inc (down -3.27%).
US equity markets retreated but settled off their worst levels of the session as investors digested the Federal Reserve's latest monetary policy pronouncements that saw the central bank raise its headline inflation projection - Dow fell -266-points or -0.77% , dropping as much as -382-points or -1.1% earlier in the session and booking a third straight session decline. The broader S&P500 shed -0.54%, paring an earlier decline of as much as -1%. Utilities (down -1.49%), Consumer Staples (-1.24%) and Materials (-1.17%) all fell over >1% to lead ten of the eleven primary sectors lower. Consumer Discretionary (up +0.16%) was the only primary sector to advance. Oracle Corp fell -5.59% following the release of their fourth quarter result after the closing bell of the previous session. General Motors Co (up +1.56%) expects the ongoing semiconductor chip shortage and rising inflation to increase its expenses during the second half of the year by up to US$3B, according to Chief Financial Officer (CFO) Paul Jacobson The Nasdaq eased -0.24%, recovering from an earlier slide of as much as -1.2%. The small capitalisation Russell 2000 lost -0.23%.
US equity markets retreated but settled off their worst levels of the session as investors digested the Federal Reserve's latest monetary policy pronouncements that saw the central bank raise its headline inflation projection - Dow fell -266-points or -0.77% , dropping as much as -382-points or -1.1% earlier in the session and booking a third straight session decline. The broader S&P500 shed -0.54%, paring an earlier decline of as much as -1%. Utilities (down -1.49%), Consumer Staples (-1.24%) and Materials (-1.17%) all fell over >1% to lead ten of the eleven primary sectors lower. Consumer Discretionary (up +0.16%) was the only primary sector to advance. Oracle Corp fell -5.59% following the release of their fourth quarter result after the closing bell of the previous session. General Motors Co (up +1.56%) expects the ongoing semiconductor chip shortage and rising inflation to increase its expenses during the second half of the year by up to US$3B, according to Chief Financial Officer (CFO) Paul Jacobson The Nasdaq eased -0.24%, recovering from an earlier slide of as much as -1.2%. The small capitalisation Russell 2000 lost -0.23%.
The U.S. Federal Communications Commission voted Nov. 18 to redeploy airwaves assigned 21 years ago for a vehicle safety system that hasn't come to fruition, rejecting carmakers' efforts to hold onto the frequencies. With its vote, FCC opened the way for billions of Wi-Fi devices to use frequencies once destined for a safety system to be used by vehicles linked to roadside gadgets. The change follows years of lobbying by carmakers such as Ford Motor Co. and General Motors Co. to retain their exclusive hold on the rich airwaves swath. Among the stakeholders that were pushing back on FCC's proposal were transportation leaders on Capitol Hill and the American Association of State Highway and Transportation Officials.
Trading Block: New 52-week highs (132 new highs today): Amazon Inc. (AMZN + $2.62 to $889.16), Red Hat Inc. (RHT + $0.88 to $87.33), Veeva Systems Inc. (VEEV + $0.01 to $51.29), Tesla (TSLA + $11. 11 to $289.41). Tesla Inc is now more valuable than Ford Motor Company, and could very well surpass General Motors Company this week. General Motors Co. (GM - $1.55 to $33.81), Ford Motor Company (F - $0.34 to $11.30). Odd Block: Calls trade in iShares MSCI Hong Kong Index (EWH), puts trade in Fitbit Inc. (FIT) and calls trade in Carmax, Inc (KMX). Mail Block: #Options #BrokerMadness finals ARE ON! Who will claim the prize of your favorite broker: @OptionsHouse or @LSFinancial? The Winner is - Lightspeed Question from Game Day Dog - Aww man! My vertical put spread has gone bad. I have +3 options at 61.5 and sold -3 at 62.5 ... Yesterday it gapped down to 50. I now have +200 shares of LULU in my account +3 put options at 61.5 and -1 put option at 62.5. I thought it was a $300 max risk spread. Do I have to do anything? Do I sell the shares? Everything expires in 7 days. Please help. Thanks! So I learned about selling shares and back ratio spreads and even got an $19 credit. Around the Block/This Week in the Market: Apr 4: International Trade, Factory Orders Apr 5: FOMC Minutes Apr 6: Jobless Claims Apr 7: Unemployment
We're talking with David J. Tulauskas, Director of Sustainability for General Motors Co. Dave will focus on his team's efforts to further embed sustainability into GM's business through activities such as goal setting and sustainability reporting.
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