BMW could face $1.2 billion hit from costlier raw materials, CFO says
First-quarter results received a boost from the sale of previously leased vehicles, in particular in the U.S. market, the automaker said......»»
Thiol-ene click reaction offers a novel approach to fabricate elastic ferroelectrics
A research group led by Prof. Li Runwei and Hu Benlin at the Ningbo Institute of Materials Technology and Engineering (NIMTE) of the Chinese Academy of Sciences has developed a facile and efficient approach to fabricate elastic relaxor ferroelectrics.....»»
Quality woes hurt Ford earnings as GM outlook improves
Ford CEO Jim Farley said the company avoided about 12 recalls on its flagship F-150 by performing extra quality checks, but one Wall Street firm estimates the delay cost $3 billion in revenue......»»
Towards novel promising perovskite-type ferroelectric materials: High-pressure synthesis of rubidium niobate
Capacitors are crucial components in electronic devices such as smartphones and computers. They are made of dielectric materials that polarize on the application of the voltage. Currently, barium titanate (BaTiO3) is the most widely used material for.....»»
Toyota will spend $1.4 billion to build electric 3-row SUV in Indiana
This is a different new 3-row EV from the one Toyota will build in Kentucky. Enlarge / This Toyota factory in Indiana is getting a $1.4 billion investment so it can assemble a new three-row electric SUV for the automaker. (credit.....»»
Honda to spend $11 billion on four EV factories in North America
The new facilities are in addition to the previously announced EV hub in Ohio. Enlarge / Honda is investing CAD$15 billion (US $11 billion) to expand EV manufacturing in North America with four sites in Ontario, Canada. (credit:.....»»
IRIS beamline at BESSY II gets a new nanospectroscopy end station
The IRIS infrared beamline at the BESSY II storage ring now offers a fourth option for characterizing materials, cells and even molecules on different length scales. The team has extended the IRIS beamline with an end station for nanospectroscopy and.....»»
Freeze casting—a guide to creating hierarchically structured materials
Freeze casting is an elegant, cost-effective manufacturing technique to produce highly porous materials with custom-designed hierarchical architectures, well-defined pore orientation, and multifunctional surface structures. Freeze-cast materials are.....»»
The Mars Sample Return mission has a shaky future, and NASA is calling on private companies for backup
A critical NASA mission in the search for life beyond Earth, Mars Sample Return, is in trouble. Its budget has ballooned from US$5 billion to over $11 billion, and the sample return date may slip from the end of this decade to 2040......»»
Toyota invests $1.4 billion in Indiana plant for large EV
The investment will add 340 jobs and a new battery pack assembly line, but details signal that either the Toyota Sienna or Toyota Highlander will become a full EV in 2026......»»
VinFast founder commits $1 billion as EV maker bleeds cash
Vietnamese billionaire Pham Nhat Vuong pledged to invest at least another $1 billion of his personal wealth into VinFast Auto Ltd., providing the capital needed for expansion of the struggling electric vehicle maker......»»
Asbury Q1 net income slips 19%; $4.2 billion in revenue sets record
Asbury Automotive Group produced $147.1 million in net income during the first quarter, down 19 percent from a year earlier as falling profit margins offset rising vehicle sales and revenue......»»
IBM acquires HashiCorp in multi-billion dollar deal to boost cloud reach
HashiCorp agrees to $6.4 billion takeover deal by IBM as the companies look to take on more of the market......»»
In the face of bans, ByteDance tightens grip over US TikTok operations
Relationship between TikTok, ByteDance deepens as tensions over the app’s ownership escalate. Enlarge (credit: FT/Getty Images) TikTok’s Beijing-based owner ByteDance tightened its grip over its US operations over th.....»»
IBM to buy HashiCorp in $6.4 billion cash deal, expanding cloud portfolio
IBM and HashiCorp have entered into a definitive agreement under which IBM will acquire HashiCorp for $35 per share in cash, representing an enterprise value of $6.4 billion. HashiCorp’s suite of products provides enterprises with extensive Inf.....»»
Congo demands that Apple prove iPhone doesn"t use conflict materials
The Democratic Republic of Congo has told Apple it believes the iPhone maker's supply chain is using materials linked to militia groups.Apple has been asked to verify that it doesn't use "conflict minerals" in the iPhoneApple and at least most Big Te.....»»
Sugar in baby food: Why Nestlé needs to be held to account in Africa
Nestlé has been criticized for adding sugar and honey to infant milk and cereal products sold in many poorer countries. The Swiss food giant controls 20% of the baby-food market, valued at nearly US$70 billion......»»
Spotify not adopting new App Store terms in the EU, submits app update with pricing info instead
Apple was hit with a $2 billion fine in the European Union last month for “abusive” App Store rules for music streaming services. In addition to the fine, the European Commission also said Apple must relax its anti-steering rules. As reported.....»»
Ford Q1 net income falls 24% to $1.3 billion; revenue rises despite lower production
Ford cited a strong performance from its commercial vehicle unit, which earned $3 billion before interest and taxes, as the reason revenue increased while shipments declined.....»»
Mantle heat may have boosted Earth"s crust 3 billion years ago
Little is known about the nature and evolution of Earth's continental crust before a few billion years ago because cratons, or stable swaths of the lithosphere more than 2–3 billion years old, are relatively rare......»»
How NASA Repaired Voyager 1 From 15 Billion Miles Away
The far-traveled space probe is once again transmitting usable data, after a glitch caused months of gibberish......»»