Strong Q2 from J&J as pandemic-hit sales, profit recover
By LINDA A. JOHNSON Johnson & Johnson’s second-quarter profit soared 73%, thanks to strong sales growth across all of its businesses as hospitals and the rest of the health care industry continued recovering from the coronavirus pandemic’s impact. The health care giant handily topped Wall Street expectations and hiked its 2021 sales and profit forecasts […]
US, Germany seal deal on contentious Russian gas pipeline
By MATTHEW LEE WASHINGTON (AP) — The United States and Germany on Wednesday announced a deal to allow the completion of a controversial Russian gas pipeline to Europe without the imposition of further U.S. sanctions. The agreement aims to stanch fears about European dependence on Russian energy, but it was immediately assailed by critics who […]
Agency pledges tough action to buttress ‘right to repair’
By MARCY GORDON WASHINGTON (AP) — Americans would be freer to repair their broken cellphones, computers, videogame consoles and even tractors themselves, or to use independent repair shops, under changes being eyed by federal regulators. The regulators maintain that restrictions have steered consumers into manufacturers’ and sellers’ repair networks or led them to replace products […]
Biden to meet next month with private sector on cyber issues
By ERIC TUCKER WASHINGTON (AP) — President Joe Biden and members of his national security team plan to meet next month with business executives about cybersecurity, an official said Wednesday. The Aug. 25 meeting comes as the White House is scrambling to help companies protect against ransomware attacks from Russia-based criminal syndicates and as the administration also […]
Dems hit McConnell, who says GOP won’t back debt limit boost
By ALAN FRAM WASHINGTON (AP) — Senate Democrats accused Republicans Wednesday of a “shameless, cynical” ploy that would damage the economy and the government’s credit rating after the chamber’s GOP leader said his party would vote against raising the federal debt limit. In the latest chapter of a broad budget battle likely to linger well […]
Canada aiming to shift to all zero-emission electric vehicles by 2035: Federal government
By Brady Ratzlaff The government of Canada recently announced its plans to eliminate combustible engine-run cars and light trucks by 2035 as part of its net-zero emissions goal to limit further global warming. Environment Minister Jonathan Wilkinson said in late June at a press conference over Zoom, that all new vehicles will be either electric, hybrid, […]
NIO announces NIO Power 2025 battery swap station deployment plan
By Robin Whitlock NIO held its first NIO Power Day in Shanghai, China, on 9th July , sharing the history and core technologies of NIO Power and unveiling ‘NIO Power 2025’, the company’s battery swap station deployment plan. NIO Power, a power service system based on NIO Power Cloud, provides a holistic charging and swapping service experience […]
Acciona Launches a Smart Solution for Efficient Charging of EVs
By Reneable Energy Magazine Tuesday, 13 July 20210REMIt is called Green Smart Charge, it has been developed by Acciona and is a solution for recharging electric vehicles -the company explains- that “optimizes recharging from an economic and environmental point of view by prioritizing renewable facilities. of self-consumption. ” With this solution, the company wants to expand, complement, its […]
REE Automotive announces collaboration with JB Poindexter & Co to develop electric commercial vehicles
By Robin Whitlock electric/hybrid REE Automotive announces collaboration with JB Poindexter & Co to develop electric commercial vehicles Wednesday, 14 July 20210Robin WhitlockREE has selected EAVX, a wholly owned business unit of JB Poindexter & Co to develop commercial EVs, powered by REE, with eventual full scale US production supported by the JB Poindexter & Co portfolio […]
Moneyshake analyses EV manufacturers prospects of reaching one million vehicles sold
By Robin Whitlock Moneyshake have analysed 8.5 million EV sales from 20 leading manufacturers to calculate which brand will win the race to one million. Despite a global pandemic, electric vehicle (EV) sales were up by 40 percent in 2020, with a record 3 million sales, moving our society closer to a zero-emissions future, but no manufacturer has […]