Apple, ex-Tesla, engineer Michael Schwekutsch jumps to Archer aviation

Attendees watch as aircraft maker Archer is unveiled on June 10, 2021 in Hawthorne, California. Patrick T. Fallon | AFP | Getty Images Michael Schweikoch, director of engineering at the Apple Special Projects Group that is said to be working on self-driving cars, has left to join air taxi startup Archer as senior vice president … Read more

WHO says omicron has been found in 23 countries across the world

Jacob Borzeki | Norfoto | Getty Images The World Health Organization said on Wednesday that 23 countries around the world have reported cases of the highly mutated Omicron COVID-19. “At least 23 countries from five out of six WHO regions have reported cases of oomicron and we expect this number to rise,” WHO Director-General Tedros … Read more

GM to form new joint venture to produce costly raw materials for EVs

Production is now set to begin at the former assembly plant in Detroit-Hamtramck, less than two years after General Motors announced a massive $2.2 billion investment to renovate the entire facility to build a variety of all-electric trucks and SUVs. Photo by Jeffrey Suger for General Motors DETROIT – General Motors is planning to form … Read more

Exxon forecasts doubling earnings and cash flow by 2027 while reducing emissions

Exxon Mobil Corp’s logo appears at the Rio Oil and Gas Exhibition and Conference in Rio de Janeiro, Brazil, September 24, 2018. Sergio Moraes | Reuters ExxonMobil on Wednesday outlined a corporate spending plan that it said would double profits and cash flow by 2027 from 2019 levels, while also reducing emissions. The plan comes … Read more

Renewable power installations set for record year: IEA

Wind turbines and solar panels in Kayseri, Turkey. Timeswork | E + | Getty Images The world is set to add nearly 290 gigawatts of renewable energy this year, according to the International Energy Agency, with the Paris-based organization expecting “2021 to set an all-time record for new facilities.” The International Energy Agency’s Renewable Energy … Read more

Amazon dropped Covid safety protocols in warehouses

An employee scans packages at Amazon’s JFK8 distribution center in Staten Island, New York, United States, November 25, 2020. Brendan McDermid | Reuters New York Attorney General Letitia James is seeking an emergency court order to force Amazon to implement stricter Covid-19 protocols, arguing that the company’s decision to roll back safety measures at at … Read more

There’s a ‘great battery race’ ahead says Goldman Sachs. These stocks will win

battery storage market "Ready in prime time" According to Goldman Sachs, with the explosive growth that companies in various sectors are enjoying, they are expected to benefit. .

Auto executives say more than half of U.S. car sales will be EVs by 2030, KPMG survey shows

President Joe Biden speaks during a visit to the General Motors Factory Zero electric vehicle assembly plant, Wednesday, November 17, 2021, in Detroit. Evan Fauci | AP Auto executives believe more than half of their sales will be electric cars by 2030, in line with President Joe Biden’s electric vehicle sales goal, according to a … Read more

U.S. natural gas sinks, on track for worst month in three years

A liquefied natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, Monday, January 25, 2021. Petar Santini | Bloomberg | Getty Images US natural gas futures fell on Tuesday to their lowest level in more than two months as expectations of a warmer-than-expected winter drove prices lower. … Read more

BMW unveils high-performance XM hybrid electric concept vehicle

BMW on Monday evening unveiled a new high-performance concept car showcasing an electric crossover expected to begin production late next year in South Carolina. The automaker said the new production vehicle, called the BMW XM, will be available exclusively as a plug-in hybrid electric vehicle under the company’s “M” performance division. The concept vehicle revealed … Read more