Thursday, January 20th, 2022

Tag: production

Canoo revs up U.S. EV production plan and drops overseas deal

EV startup Canoo Inc on Wednesday said it was accelerating its production plans in the U.S. and ending its deal for VDL Nedcar in the Netherlands to serve as its contract manufacturer in Europe....

independent semiconductor production isn’t doable

Becoming completely independent on semiconductor production is just “not doable” because of the high levels of investment needed, the EU’s competition chief admitted Monday. Carmakers and other businesses in the bloc have struggled in...

GE targets zero waste blade production by 2030

A wind turbine blade manufactured by LM Wind Power arrives at the Offshore Renewable Energy Catapult in Blyth, England, on August 15, 2019. Tom White | Getty Images News | Getty Images GE’s renewable...

Kevin Spacey ordered to pay nearly $31 million to ‘House of Cards’ production company

The revelation came in a petition filed Monday in the Los Angeles County Superior Court, in which MRC is asking the court “to confirm the award in its favor and enter judgment against Spacey...

Ford plans to increase EV production to 600,000 vehicles by 2023

Ford CEO Jim Farley poses with the Ford F-150 Lightning pickup truck in Dearborn, Michigan, May 19, 2021. Rebecca Cook | Reuters Ford Motor plans to increase its production capacity of electric vehicles to...

Ford aims to double EV production capacity in two years, CEO Jim Farley says

“The demand is so much higher than we expected,” Farley said in an interview. “It’s a really new experience for this big company, trying to be agile. We had to approach it very differently...

Ford aims to double EV production capacity in two years, Farley says

DETROIT – Within 24 months Ford Motor Co. plans to become the No. 2 maker of electric vehicles in the U.S. behind only Tesla with the capacity to produce 600,000 EVs per year. The...

GM stock hits record high as automaker celebrates Hummer EV production

DETROIT – General Motors is steadily approaching a $100 billion market valuation after shares of the automaker reached a record high on Wednesday. GM’s gains come as shares of newly public electric vehicle start-ups...

Ask us to increase oil production, not OPEC

Workers guide a section of drill pipe into a rack after it was removed from a natural gas well being drilled in the Eagle Ford shale in Karnes County, Texas. Eddie Seal | Bloomberg...

IEA sees a potential reprieve as U.S. production rises

Petroleum pump jacks are pictured in the Kern River oil field in Bakersfield, California. Jonathan Alcorn | Reuters LONDON — The International Energy Agency said on Tuesday that soaring oil prices could soon turn...