Plastics supplier to Rivian, Bosch, others faces insolvency
Unique Fabricating is facing insolvency after failing to make loan payments and dealing with allegations of improperly reporting finances, on top of being investigated for alleged labor rights violations in Mexico......»»
UAW strike dinged supplier earnings, but worst-case scenarios were dodged, Q4 reports show
Major suppliers were largely able to absorb the financial impact of the UAW strike and avoid the worst-case scenarios many feared in the lead-up to the work stoppage, but challenges persist......»»
Hundreds strike at Apple supplier Flex"s plant in India
Workers at the Indian plant of Apple supplier Flex staged a one-day strike over pay, conditions, and the firm's refusal to recognize a union.A Flex facility in India (Source: Flex)Flex makes chargers for Apple and while not the best-known of the Cupe.....»»
Lucid cuts U.S. prices, joining Rivian and Tesla as EV startups face easing demand
Lucid's base Air sedan gets a $7,500 reduction, now starting at $71,400 with shipping. The move comes after a $3,100 price cut on base Rivian models and a $1,000 discount on some Tesla Model Y trims......»»
Marvel Studios finally announces its Fantastic Four cast
After years of rumors, Marvel Studios has lined up its cast for The Fantastic Four reboot, with some very familiar faces in the lead......»»
Rivian hires marketing chief from Meta after signing execs from Apple, Porsche and Stellantis
The new CMO, Jennifer Prenner, has held posts at Meta and Amazon. She joins recent executive hires from Apple and Porsche as Rivian prepares to present its R2 platform for future models in March......»»
SK On inks deal for 34,000 tons of EV battery graphite for North American plants
The deal with Westwater Resources provides the supplier of batteries to Ford, Hyundai and Volkswagen with a local source of the crucial material......»»
Apple faces FCC scrutiny over decision to block Beeper Mini
Apple made the decision to block Beeper Mini, but it has triggered a response from the FCC who are now looking into possible rule violations. The post Apple faces FCC scrutiny over decision to block Beeper Mini appeared first on Phandroid......»»
It may be too late to stop the great election disinformation campaigns of 2024 but we at least have to try
Global liberal democracy faces a near-unprecedented list of digital threats in 2024 as the increasing exploitation of AI and the rampant spread of disinformation threaten the integrity of elections in more than 60 countries. And we are woefully unpre.....»»
Magna Q4 earnings surge despite UAW, EV production headwinds
Magna International Inc., the largest North American parts supplier, on Friday said its fourth-quarter net income surged 185 percent to $271 million from a year earlier thanks to steadier global new-vehicle production......»»
Panasonic inks deal to secure 10,000 tons of graphite for N.A. battery cells
Panasonic Energy entered into an agreement with Australian battery materials supplier Novonix Ltd. that is expected to supply the Japanese battery cell manufacturer with at least 10,000 tons of synthetic graphite, a key material in anodes used in lit.....»»
Rivian cuts prices on base R1T, R1S models as EV adoption slows
The entry R1T pickup and R1S crossover get a $3,100 cut for the same 270 miles of range. Rivian is the latest automaker reduce prices in response to a slowdown in the U.S. electric vehicle market......»»
BorgWarner Q4 earnings, revenue improve, but EV pullback raises concerns
BorgWarner's earnings fell short of expectations, leaving investors with questions about the supplier’s exposure to EV programs......»»
Rookie Rivian comes out on top for owner satisfaction in Consumer Reports survey
Rivian's R1T and R1S outscored Tesla in the Consumer Reports survey. Rivian also topped Mini, BMW and Porsche. Least favorite brands included Infiniti and VW......»»
An eight-phase methodology for analyzing microplastics in soil ecosystem
In today's world, plastics are used extensively due to their favorable properties and affordable costs. The widespread use of these non-biodegradable materials, however, makes them a waste management nuisance and global environmental concern. It is e.....»»
EV pullback hits BorgWarner revenue, earnings
Supplier BorgWarner's Earnings fell short of expectations, leaving investors with questions about the supplier’s exposure to EV programs......»»
Rookie Rivian comes out on top for EV satisfaction in Consumer Reports survey
Rivian's R1T and R1S outscored Tesla in the Consumer Reports survey. Rivian also topped Mini, BMW and Porsche. Least favorite brands included Infiniti and VW......»»
Why Danish consumers keep their electricity company, even though they can save money by switching
Most people keep their electricity supplier, even though it's fast and easy to switch to a cheaper competitor. Now an economist has unraveled what's holding people back—and what could ensure cheaper electricity contracts for Danes......»»
Adient sales fall flat as auto supplier looks at new business opportunities
Adient plc’s revenue stagnated in the first quarter, though its CEO said business performance is improving and margins will, too. The company, which has its North American base in Plymouth, about 27 miles West of Detroit, had sales of $3.66 bill.....»»
Synthetic human embryos let researchers study early development while sidestepping ethical and logistical hurdles
Embryonic development, also known as embryogenesis, is a cornerstone in understanding the origins of life. But studying this marvel of intricate and layered biological processes in people faces considerable challenges. Early-stage human embryos are d.....»»
Bosch pushes back margin target, warns of further job cuts
Bosch said it is in talks with employee representatives in its mobility department about "personnel adjustments," adding redundancies were off the table under agreements struck between the company and its works council until 2027......»»