Ford fights $8 billion cost deficit
Ford Motor Co. has identified measures to secure 8 percent margins on its next-generation EVs due at mid-decade but could take years to close an overall cost disadvantage of up to $8 billion against competitors, executives said on Wednesday. Ford.....»»
Ford to move workers in to Michigan Central Station this week
Ford spent about $940 million on the overall 30-acre campus, but has not said specifically how much was spent redeveloping the train depot......»»
This Man Found 1,650 Ways to Turn a Profit While Decarbonizing
Bertrand Piccard says sustainability doesn’t have to come at a cost—and that reframing attempts to hit net zero as a way of generating profit could be key to hitting targets......»»
Lusatia"s transformation from coal is falling short on environmental sustainability, German study finds
A total of 10.3 billion euros of federal funding and several hundred million euros of state funding have been allocated to support the structural transformation of the Lusatian coal district in Brandenburg, Germany. But are the projects targeted by t.....»»
Xreal vs. Apple Vision Pro: Why I chose Air 2 and Beam Pro
Xreal's Air 2 and Beam Pro are put to the test as a low-cost alternative to Apple's Vision Pro for spatial computing and 3D photos and videos......»»
Nissan joins forces with Ford, Honda and BMW in EV charging alliance
Nissan is joining ChargeScape, the alliance created by three of its competitors: Ford Motor Co., American Honda Motor Co. and BMW......»»
Chery weighs Hong Kong IPO for $7 billion auto arm
Chery Auto is one of China’s biggest car exporters and one of only a few not listed. It is a key asset of Chery Group, which also provides financial and real estate services......»»
NHTSA investigates sudden brake loss in 2015-2017 Ford Edge
Following reports of rear brake hose failures, a preliminary investigation is examining the extent of the issue in 2015-2017 Ford Edge vehicles......»»
Damage and insurance losses from Hurricane Helene could cost billions
Insurance losses are expected to reach roughly $6.4 billion, and insurance providers may reevaluate how they price policies and what types of coverage they offer......»»
Ford eases driving for cancer patients
The Ford SupportBelt is designed to reduce painful seat belt pressure on women recovering from a mastectomy......»»
Ford packs redesigned 2025 Expedition with features active families want
Ford's full-size SUV gets a pickup tailgate, 24-inch panoramic display and sliding front console meant to make family road trips more convenient......»»
Rainbow PUSH Automotive Project presses ahead amid DEI backlash
Despite Ford's pullback on DEI efforts, the chairman of the Rainbow PUSH Coalition Automotive Project sees the industry continuing to be more inclusive......»»
OpenAI secures $6.6 billion in latest funding round
Thanks to $6.6 billion in funding from the likes of Microsoft and Nvidia with a $157 billion valuation, OpenAI is now one of the wealthiest private enterprises on the planet......»»
EVgo gets $1.05B loan to build 7,500 DC fast chargers
EVgo will focus on underserved communities where people can't charge at home. The electric vehicle charging company EVgo has secured conditional approval for a $1.05 billion loan.....»»
2-billion-year-old rock could help understand very early life on Earth and the hunt for evidence of life on Mars
Pockets of microbes have been found living within a sealed fracture in a 2-billion-year-old rock. The rock was excavated from the Bushveld Igneous Complex in South Africa, an area known for its rich ore deposits. This is the oldest example of living.....»»
There were more black holes in the early universe than we thought, research finds
Supermassive black holes are some of the most impressive (and scary) objects in the universe—with masses around 1 billion times more than that of the sun. And we know they've been around for a long time......»»
U.S. offers EVgo conditional $1.05 billion loan for EV chargers
If finalized, the loan guarantee will support EVgo's deployment of about 7,500 public stalls with high power chargers that can power two EVs simultaneously at nearly 1,100 stations......»»
Three hard truths hindering cloud-native detection and response
According to Gartner, the market for cloud computing services is expected to reach $675 billion in 2024. Companies are shifting from testing the waters of cloud computing to making substantive investments in cloud-native IT, and attackers are shiftin.....»»
FORD: 1st quarterly decline for Ford brand since 2022; Lincoln sales rise
Ford Motor Co.'s U.S. light-vehicle sales rose 0.7 percent in the third quarter, with retail sales up 4 percent......»»
DirecTV/Dish merger has a problem as debt holders object to $1.6 billion loss
Debt holders oppose $1.6 billion value reduction, throwing wrench into TV merger. DirecTV's agreement to buy the Dish satellite and streaming TV business from EchoStar is facing o.....»»
OpenAI is now valued at $157 billion
OpenAI has nearly doubled what investors think it's worth—but there's a catch. OpenAI, the company behind ChatGPT, has now raised $6.6 billion in a new funding round that values.....»»