20 Apr 2024 11:18:31 UTC

 EDITOR'S CHOICE

Billionaire George Soros Embraces Ford

24 Nov 2022 | Synopsis

"As of June 30, Soros held $29.5 million in debt from Ford. He thus continued to massively acquire the group's debt during the three months that followed.

"Ford Mustang Mach-E SUV was the third best-selling vehicle in the electric vehicle market in the United States...The Blue Oval is aiming for a production of 200,000 Mustang Mach-E per year by 2023

"The company's other hope is The F-150 Lightning...the firm delivered 8,760 units..."

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KenGen To Begin Commercial Roll Out of Electric Vehicle Charging Stations Across Kenya In 2023

24 Nov 2022 | Synopsis

"Kenya Electricity Generating Company PLC...is preparing to install over 30 EV charging stations across the country...already installed two EV charging stations in Nairobi and Naivasha and plans to install an additional three by end of 2023 in Murang'a, Embu, and Kisumu Counties within the company's power plants.

"...we [eventually] plan to roll out about 30 EV charging stations in major cities across the country.

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Billionaire George Soros Punishes Rivian

24 Nov 2022 | Synopsis

"Initially Soros bet on the upstart Rivian...changed his strategy, preferring to bet on the car manufacturers who have the capabilities to mass produce... company is struggling to manage ramp-ups and supply chain disruptions...

"A second shift has begun at its Normal, Illinois plant, but Rivian has not increased its goal of producing 25,000 vehicles in 2022.

"Soros also remains negative on Lucid Group."

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Automakers Need Way More Plug-In Stations to Make Their EV Plans Work.

24 Nov 2022 | Synopsis

Situation sparks buying frenzy as big charging players gobble up smaller ones.

"This year, Blink Charging bought the infrastructure outfit SemaConnect; Schneider Electric bought EV Connect; ABB acquired a controlling interest in InCharge Energy; and the supply juggernaut BorgWarner acquired Rhombus Energy Solutions.

"Experts say that even a cooling economy won't slow down increasing EV demand."

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George Soros Backs Elon Musk, Tesla

24 Nov 2022 | Synopsis

"The legendary investor first acquired Tesla shares between April 1 and June 30. At the time, he held 29,883 shares. He, thus, tripled his position in three months.

"The value of Soros' U.S. equity portfolio rose 4.3% quarter-over-quarter to almost $5.9 billion...net worth is estimated at $8.5 billion, up $1 billion, as of November 22, according to the Bloomberg Billionaires Index...assets belong to Open Society Foundations"

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Will Electric Cars Kill AM Radio?

23 Nov 2022 | Synopsis

"There's an interference problem from EV motors that's bumping AM bands off of electric vehicle dashboards.

"Auto companies consider deep-sixing radio for the same reason they ditched the CD player - it costs money and takes up space and resources...

"AM remains more in favor with American automakers - in part because it still has a listener base in the US.

"TuneIn offers a solution by delivering feeds from some 100,000 stations..."

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Tesla Logs 40,000 Superchargers Operating Around the World

23 Nov 2022 | Synopsis

Company has installed more than 10,000 Superchargers in 2022 alone...it the biggest global DC fast-charging network.

"The manufacturer is also preparing to make numerous significant adjustments to the charging network...open hundreds of stations in North America after launching hundreds of stations across Europe.

"...fourth generation of Tesla's Supercharger...should enable non-Tesla models and have a greater peak charging rate."

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'If You Want to Tow a Boat or a Horse Trailer, Don't Buy It"

23 Nov 2022 | Synopsis

SIAC subsidiary "LDV doesn't mince words on 2023 eT60 electric ute.

Offering range of 330km, the "eT60 is capable of towing 1000kg braked (down from 3000kg in the combustion version) and can carry a 1000kg payload. It has a GVM of 3300kg.

At $92,990AUD "...a far cry from the budget offerings which the brand has used to make a name for itself...the eT60 [is] part of a larger EV push...includes the Mifa 9 and Deliver electric vans."

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Tesla Dangerously Loses Its Luster

23 Nov 2022 | Synopsis

"In minds and numbers, Tesla remains the star of the automotive industry.

"Once a daily star on the New York Stock Exchange and a boldface name on social media, Tesla seems to have almost disappeared, except in the context of its stock-market slump...stock is down 52% this year, translating to a $580 billion drop in market capitalization...Since Twitter, the automaker now appears less of a priority for Musk."

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Climate Deniers Exploit Endangered Whales In Bid To Kill Offshore Wind

23 Nov 2022 | Synopsis

"A coalition of fossil fuel-allied groups is fighting offshore wind with shameless hypocrisy, muddled messaging and greenwashing.

"Dominion’s planned $9.8 billion Coastal Virginia Offshore Wind project will consist of 176 turbines and produce enough electricity to power more than 600,000 homes.

"Heartland, a libertarian think tank and cheerleader for the fossil fuel industry, peddles climate change disinformation."

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