Lucid, Nikola and Lordstown Motors miss EV goals by big margins
Lucid, Nikola and Lordstown, three EV startups that went public by merging with SPACS, all came up well short of their original goals for 2022......»»
Study shows companies can profit by aligning financial goals with social aims
International research involving Monash University has shown that businesses can achieve financial success by embracing critical global issues such as climate change, poverty, human rights violations and medical breakthroughs as a core mission......»»
Dairy nutrition is leading the sustainability charge
Research into reducing greenhouse gas emissions from livestock has increased exponentially as the dairy and agriculture sectors work together toward shared sustainability and efficiency goals. While this progress has been made in all areas of dairy s.....»»
GMC gives Terrain crossover a pickup-inspired redesign, bigger screens
Production of the 2025 Terrain is set to begin this fall at General Motors' San Luis Potosi plant in Mexico. Pricing was not disclosed......»»
Ineos Automotive"s marketing boss departs for Lucid
One of the key executives behind Ineos Automotive's first major advertising effort has left the company......»»
Here’s what the electric Dodge Charger’s “Fratzonic exhaust” sounds like
Dodge wants to keep the aural spectacle even as it moves to electric propulsion. Enlarge / Dodge doesn't want to be accused of building a boring EV. (credit: Dodge) Electric motors have many advantages over internal comb.....»»
Losses continue to pile up at Rivian and Lucid in Q2
Both EV makers have received large cash infusions to help stem cash burn and pay for continued operations......»»
Multiple goals, multiple solutions, plenty of second-guessing and revising—here"s how science really works
A man in a lab coat bends under a dim light, his strained eyes riveted onto a microscope. He's powered only by caffeine and anticipation......»»
How to watch USA vs Serbia men’s basketball at the Olympics
The best team in the world takes on the reigning NBA MVP in the semifinals of the men’s basketball tournament at the 2024 Olympics today, as Team USA battles Nikola Jokic and Serbia. The Americans got the best of Jokic and Co. during group play.....»»
Is Paris 2024 really achieving its goals for gender equality?
The Paris Olympics has proudly proclaimed to be the first games in 128 years to offer gender equality......»»
LGBTQ+-owned repair shop in Colorado paves new path
Good Judy Garage is an LGBTQ+-owned and -operated independent repair shop founded with the goals of equal treatment, compassion and transparency......»»
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......»»
Lithia increases stake in Pinewood DMS company to more than 25%
Lithia Motors Inc. now owns more than a quarter of the U.K. dealership management system provider Pinewood Technologies following purchases of nearly 5 million shares in the months since its initial minority investment......»»
Major energy companies conceal 47% of biodiversity damage, according to research
A study by the UPV/EHU's Research Group on Circular Economy, Business Performance and Achievement of Sustainable Development Goals reveals that energy companies conceal 47% of the damage wrought on biodiversity as a result of their activity. The stud.....»»
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......»»
Lithia Motors promotes Adam Chamberlain to COO, Chris Holzshu still EVP
Lithia Motors promoted Chief Customer Officer Adam Chamberlain to COO and returned COO Chris Holzshu to solely an executive vice president role, the company said Aug. 1......»»
Hybrids, currency windfalls help Toyota extend record profit momentum
Gasoline-electric hybrid cars helped bolster Toyota earnings in the latest quarter because hybrids typically have bigger margins and sell for higher prices......»»
Lithia net income down 28% in Q2 despite record revenue of $9.2B
Lithia Motors Inc. Q2 2024 earnings: Net income fell 28 percent during the second quarter despite the car dealership group generating record revenue for that earnings period......»»
Starling Automotive buys 3 dealerships, adds brands
Starling Automotive Group expanded in a spring acquisition, buying its first non-General Motors dealerships......»»
AI and ML enter motorsports: How GM is using them to win more races
From modeling tire wear and fuel use to predicting cautions based on radio traffic. Enlarge / The Cadillac V-Series.R is one of General Motors' factory-backed racing programs. (credit: James Moy Photography/Getty Images).....»»
GM Ventures, others invest in Israeli EV battery startup Addionics
Addionics raised $39 million from investors including General Motors' venture capital arm to help commercialize its 3D copper foil product for electric vehicle batteries......»»