Cash-strapped Lordstown may tap the brakes on Endurance production
Lordstown Motors on Thursday reported a steep fall in its cash reserves and warned it might have to stop making its Endurance electric pickup truck in the near future unless it finds a partner. The cash-strapped EV maker had earlier this week said.....»»
Rivian Q2 net loss widens to $1.46 billion despite sales gains, cost cutting
Rivian said it ended the second quarter with $5.8 billion in cash and cash equivalents compared with $7.9 billion at the end of the 2023 calendar year. Revenue in the latest quarter was $1.16 billion, a 3.3 percent increase......»»
This AI humanoid robot helped assemble BMWs at US factory
BMW has no timeline to integrate humanoid robots into its production lines. Enlarge / This is the Figure 02, a new humanoid robot that recently tried its hand(s) at assembling BMW chassis in South Carolina. (credit: BMW).....»»
Groundwater reserves in southwestern Europe more stable overall than previously thought
Groundwater is a vital resource, sustaining plants and ecosystems, ensuring agricultural production and serving as a core component of drinking water supplies. However, climate change and anthropogenic pressures can threaten groundwater availability,.....»»
China"s Dongfeng in pole position to build an auto plant in Italy, report says
The Italian government could join Dongfeng with a minority stake in the investment which aims to set up a production hub for the whole of Europe......»»
Farmers innovate to save Iraq"s rice production
After seeing his once-lush rice field shrink in recent years due to relentless drought, Iraqi farmer Muntazer al-Joufi fought back using tougher seeds and water-saving irrigation techniques......»»
A new way of thinking about the economy could help protect the Amazon, and help its people thrive
To protect the Amazon and support the well-being of its people, its economy must shift from environmentally harmful production to a model built around the diversity of indigenous and rural communities, and standing forests......»»
Lucid reports Q2 net loss of $790 million; Saudi fund pledges additional $1.5 billion to the startup
Lucid delivered a record in the quarter and plans to launch a crossover this year. Lucid said its largest shareholder, Saudi Arabia's Public Investment Fund, will inject $1.5 billion in cash......»»
Engineers develop general, high-speed technology to model, understand catalytic reactions
Researchers have been studying the industrial production of ammonia for a century. But they've struggled to find ways to improve the low-yield, low-efficiency process......»»
2025 Ford Explorer: A refreshed interior
Ford looks to simplify its production process with a refreshed version of "the heart and soul" of its brand......»»
Aurora raises nearly $500 million more for self-driving technology efforts
Self-driving technology companies continue to suck up cash with Aurora, Cruise and Waymo getting more funding......»»
Gamification gets drivers to put down their phones, study finds
Gamification plus cash prizes worked even better. Enlarge / You should not do this while you are driving. (credit: Getty Images) Distracted driving isn't only a result of drivers using their phones when they should be p.....»»
Subaru production, profits undercut in latest quarter by fatal plant accident in Japan
The export-dependent carmaker still managed to eke out a profit thanks to hefty windfall gains from favorable foreign currency fluctuations......»»
Jaguar Land Rover production hit by flooding at aluminum suppliers
Supplies of aluminum have been impacted by floods in Switzerland. Porsche, Mercedes, BMW and Audi are also affected......»»
Lucid to report Q2 earnings amid worries over cash burn, hopes for Gravity crossover
The EV startup, which launched the Air sedan in 2021, delivered a record 2,394 electric cars in the second quarter. But it also boosted sales incentives to $16,537 per car, Motor Intelligence said......»»
Ram CEO Christine Feuell pushes through 1500 production hiccups, guides Chrysler"s future
Christine Feuell is juggling two brands, Chrysler and Ram, with a distinct set of hurdles and vastly different positions within the Stellantis portfolio. Feuell assumed leadership of Ram in June at a challenging time for the truck brand while guiding.....»»
Researchers develop a concept for efficiency-enhanced noble-metal catalysts
The production of more than 90% of all chemical products we use in our everyday lives relies on catalysts. Catalysts speed up chemical reactions, can reduce the energy required for these processes, and in some cases, reactions would not be possible a.....»»
Chemical and transportation industries could boost with new catalyst coating
Coupling electrochemical conversion of the greenhouse gas CO2 with renewable electricity sources—such as solar and wind—promises green production of high-demand chemicals and transportation fuels. Carbon dioxide coupling products such as ethylene.....»»
Group 1 finalizes acquisition of Inchcape; adds 54 U.K. dealerships to its portfolio
Group 1 Automotive Inc. has finalized its acquisition of global automotive group Inchcape, which has 54 U.K. dealerships. The acquisition was announced April 15; Group 1 paid $439 million in cash. It is expected the acquisition will add $2.7 billi.....»»
Credit Acceptance posts Q2 net loss of $47.1 million as auto lender revamps cash flow forecasting
The average Credit Acceptance second-quarter auto loan financed $26,816 in principal and interest, paid the dealership a $12,278 advance and was slated to run for 61 months......»»
Research team achieves faster and more efficient synthesis of high-density RNA microarrays
An international research team led by the University of Vienna has succeeded in developing a new version of RNA building blocks with higher chemical reactivity and photosensitivity. This can significantly reduce the production time of RNA chips used.....»»