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GM to invest $1.4 billion in Brazil by 2028

GM is set to invest 7 billion reais ($1.42 billion) in Brazil between this year and 2028, in a bid to boost "sustainable mobility."    .....»»

Category: topSource:  autonewsJan 25th, 2024

GM expects lower EV losses in 2025, will drop Ultium name

GM executives did not say if EVs will be profitable in 2025. They pointed to the improving trajectory as a sign of progress in GM's EV strategy......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Brazilian court unblocks X after company pays fines and complies with orders

We reported in August that the social network X was banned in Brazil following a dispute between Elon Musk and the Brazilian Supreme Court. More than a month later, the Musk-owned company has backtracked and decided to comply with the Brazilian court.....»»

Category: topSource:  theglobeandmailRelated NewsOct 8th, 2024

GM plans $145M battery cell plant in suburban Detroit

Construction is expected to start next month at GM's Global Technical Center campus in Warren, Mich. Cell production is expected to start in 2027......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

GM drops Ultium name for EV platform

General Motors said at an Oct. 8 investor day that it expects to build roughly 200,000 EVs this year as it targets profitability......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

I think my child might need a tutor. What do I need to consider first?

School tutoring is a huge business. Australian estimates suggest it was worth more than of A$1.5 billion as of 2021......»»

Category: topSource:  physorgRelated NewsOct 8th, 2024

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.....»»

Category: topSource:  physorgRelated NewsOct 7th, 2024

GM resumes production after hurricane-related supplier issue

General Motors said it is resuming production at two assembly plants in Texas and Michigan after it temporarily halted production at the plants last week because of impacts to its suppliers due to Hurricane Helene......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

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......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Cuffing season: An evolutionary explanation for why people want to settle down for the winter months

Does the effort you invest in seeking a romantic partner intensify as summer ends? During the colder, darker months, people have been known to engage in "cuffing season," which means attaching yourself to or having a physical relationship with someon.....»»

Category: topSource:  theglobeandmailRelated NewsOct 6th, 2024

GM halts production at pickup, SUV plants after Hurricane Helene impacts suppliers

The automaker said it canceled all shifts Oct. 3 and Oct. 4 at Arlington Assembly in Texas and Flint Assembly in Michigan......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

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......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

UAW local seeking strike authorization at GM pickup plant in Indiana

UAW Local 2209 in Indiana said the issue involves the move of seniority employees to other shifts after the departure of roughly 250 part-time temporary employees......»»

Category: topSource:  autonewsRelated NewsOct 4th, 2024

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......»»

Category: topSource:  digitaltrendsRelated NewsOct 3rd, 2024

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.....»»

Category: topSource:  arstechnicaRelated NewsOct 3rd, 2024

This Dyson V8 cordless vacuum deal cuts the price by $120

Invest in a vacuum that will keep you happy for years to come. Right now, you’ll save $120 when you order the Dyson V8 Cordless Vacuum through Best Buy!.....»»

Category: topSource:  digitaltrendsRelated NewsOct 3rd, 2024

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.....»»

Category: topSource:  physorgRelated NewsOct 3rd, 2024

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......»»

Category: topSource:  physorgRelated NewsOct 3rd, 2024

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......»»

Category: topSource:  autonewsRelated NewsOct 3rd, 2024

Apple Search Ads expands to Turkey and 20 additional countries

Apple Search Ads is continuing its expansion into new geographic segments, following a successful rollout to Brazil earlier this year. Starting today, developers can start buying Apple Search Ads for placement in Turkey, and 20 additional countrie.....»»

Category: topSource:  theglobeandmailRelated NewsOct 3rd, 2024

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.....»»

Category: securitySource:  netsecurityRelated NewsOct 3rd, 2024