Lucid Motors CEO Peter Rawlinson poses at the Nasdaq MarketSite as Lucid Motors (Nasdaq: LCID) begins trading on the Nasdaq stock exchange after completing its business combination with Churchill Capi...
Tag: Production
Demand for U.S. natural gas has never been higher. So why is production slowing?
Efforts by the West to reduce reliance on Russian energy have sent demand for natural gas from other countries soaring along with price. But some U.S. producers don’t seem to be taking full advantage ...
Nio starts trial production of smart EV that could challenge Tesla’s Model 3 as it races to gain edge over rivals in China
Chinese electric car maker Nio has kicked off operations at its second factory as it races to get ahead of rivals that are struggling with a worsening supply chain bottleneck. The Shanghai-based carma...
Ex-Tesla Engineer Building Silicon Anode Plant As U.S. Amps Up EV Battery Production
Sila cofounder and CEO Gene Berdichevsky is developing anode materials that can improve energy density and the lower costs of EV batteries. Sila Sila, a battery materials startup cofounded by one of T...
Riot Blockchain Sells Nearly Half of April’s Bitcoin Production
“Riot is monitoring its balance sheet on an ongoing basis, evaluating the level of bitcoin retained from monthly production in consideration of operational and expansion cash requirements,” Trystine P...
Devon Energy, Diamondback Earnings Soar; Shale Oil Stocks Hike Payouts, Not Production
Devon Energy and Diamondback Energy (FANG) posted better-than-expected first-quarter earnings after the close Monday. Oil prices held above $100 a barrel, while natural gas prices are near their highe...
Biden starts $3 billion plan to boost battery production for EVs
U.S. President Joe Biden delivers remarks about climate change and protecting national forests on Earth Day at Seward Park in Seattle, Washington, April 22, 2022. Jonathan Ernst | Reuters The Biden ad...
Ridiculous to think we can stop fossil fuel production immediately: CEO
Fossil fuels are ingrained in the global energy mix and companies continue to discover and develop oil and gas fields at locations around the world. Imaginima | E+ | Getty Images LONDON — The CEO of S...
Ford Hurries Out F-150 Lightning to Grab Share of Electrics Market
The latest electric vehicles offer the power to charge household devices or other EVs using the energy stored in the car’s battery. WSJ’s George Downs explores how some companies are developing vehicl...
Sony, USC Cinematic Arts School Partner On Virtual Production Studio
(Image courtesy of Sony Electronics) Sony Electronics said it is partnering with USC’s SC School of Cinematic Arts to create a virtual-production studio at the top-rated film school that will feature ...
Ridley Scott’s production firm to create a film based on Ethereum
British-American TV and film production company Scott Free Productions is working on a feature-length movie inspired by Camila Russo’s The Infinite Machine: How an Army of Crypto Hackers is Building t...
Tesla cruises past analysts’ Q1 expectations, despite production disruptions
Tesla (TSLA) reported its Q1 earnings after the bell Wednesday, beating analysts’ expectations on the top and bottom line and recording a record quarter with revenue up 81% year-over-year. Here ...
Shanghai’s Covid Lockdown Deals A Blow To Elon Musk’s Tesla Production Goals
Workers at Tesla’s Shanghai Gigafactory build a Model 3 electric sedan. Newscom Tesla looks set for a year of dramatic growth amid spiking demand for its electric vehicles and the addition of tw...
Blackmagic Launches Cloud Software, Hardware For Video Production
Edit window of DaVinci Resolve Studio 18 (Image courtesy of Blackmagic Design) Hardware maker Blackmagic Design unveiled a major expansion into the cloud for its do-everything DaVinci Resolve post-pro...
Rivian CEO Warns of Looming Electric-Vehicle Battery Shortage
NORMAL, Ill.—Rivian Automotive Inc. Chief Executive RJ Scaringe is warning that the auto industry could soon face a looming shortage of battery supplies for electric vehicles—a challenge that he says ...
How Russia’s war is cutting global auto production
Russia’s invasion of Ukraine has led auto industry watchers to cut production and sales forecasts for the next two years. The crisis has shuttered factories in Eastern Europe, and caused spikes ...
China’s Tech Leaders Warn Of Widespread Production Halt If Shanghai Lockdown Continues
Richard Yu, chief executive officer of the consumer business at Huawei Technologies, talks about the Huawei Mate 30 smartphone in Munich, Germany, on Sept. 19, 2019. Michaela Handrek-Rehle/Bloomberg T...
Chinese EV maker Nio says it’s gradually resuming production after Covid halt
In February 2020, Nio got a lifeline of financing support led by the government of Hefei city, where the electric car start-up has established its China headquarters. Qilai Shen | Bloomberg | Getty Im...
Honda To Invest $40 Billion In Next Decade To Ramp Up EV Production
Honda presents its zero emission Urban EV Concept at the Frankfurt motor show. getty Honda Motor is investing 5 trillion yen ($40 billion) to develop its electric vehicle technology over the next deca...
Chinese electric car company Nio hikes prices, suspends production
Nio said it has suspended production due to Covid-related restrictions in the last several weeks that halted production at suppliers’ factories. Long Wei | Visual China Group | Getty Images BEIJ...
China’s Nio halts EV production as COVID lockdowns disrupt its supply chain
Nio Inc., the China-based electric-vehicle maker, over the weekend warned of delivery delays after suspending production due to COVID-19 restrictions that have disrupted its supply chain. “There will ...
Lara Dutta’s Journey From Acting And Film Production To Entrepreneurship
Indian actor Lara Dutta is also a businesswoman. Lara Dutta Having won the Miss Universe pageant in 2000, Lara Dutta ventured into Bollywood and was soon acting in many Hindi films. Just a few years l...
Tesla to start production of Optimus humanoid
Elon Musk, the CEO of Tesla (NASDAQ:TSLA), announced on Thursday that the Optimus humanoid robot production could begin as soon as next year. Tesla to begin production of Tesla Bot The Tesla robot, al...
Biden’s Wasteful SPR Release
Gasoline price increases typically lead to decreased approval ratings for incumbents no matter the … [+] political party. getty President Biden’s release of 180 million barrels, one million per ...
U.S. Crude Oil Production Rises For First Time In 10 Weeks
U.S. crude oil production has risen—albeit modestly—for the first time in ten weeks, the latest EIA data shows. Weekly U.S. field production of crude oil rose to 11.7 million barrels per day, accordin...
Elevating Tough Times For Bitcoin Mining Following Soaring Block Production
Bitcoin Mining difficulty is getting tougher and tougher as network is gaining traction. This is a far cry from what was anticipated from China. Bitcoin miners are successfully establishing themselves...
Biden’s answer to high gas prices is to boost US battery production
President Joe Biden will trigger the Defense Production Act to secure U.S. sources of critical minerals and materials like lithium, nickel, cobalt, graphite and manganese that are used to make batteri...
Why Netflix Extended The Lease For Vancouver-Area Production Center
Residents and visitors stroll the tree-lined retail district in Langley, British Columbia, where … [+] Netflix is leasing studio space. getty Netflix has committed to a long-term production pres...