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☆ Toddler of Phoenix first responder dies after bounce house goes airborne
▼ + stars: | 2024-05-01 | by ( Sydney Bishop | Brammhi Balarajan | ) edition.cnn.com time to read: +1 min

CNN —A 2-year-old child died after a strong gust of wind sent the bounce house he was in airborne and into a neighboring lot in central Arizona, the Pinal County Sheriff’s Office said. The toddler, Bodhi Naaf, is the son of Phoenix firefighter Karl Naaf, according to the United Phoenix Firefighters Local 493 union. “This appears to have been a tragic accident,” Pinal County Sheriff’s Office spokesperson Lauren Reimer said in a statement. In its news release, the sheriff’s office did not say whether the bounce house in this case was staked and anchored. A 2022 study by the American Meteorological Society reported 132 wind-related bounce house incidents worldwide from January 1, 2000, to December 31, 2021.

Persons: Bodhi, Phoenix, Karl Naaf, Lauren Reimer, CNN’s Robert Shackelford Organizations: CNN, Pinal County Sheriff’s, United Phoenix Firefighters, Pinal County Sherriff’s Office, US Consumer Product Safety Commission, American Meteorological Society, Phoenix Fire Locations: Arizona, Pinal County, Casa Grande

☆ A 2-Year-Old in Arizona Died When a Bounce House Blew Away. Can They Be Made Safer?
▼ + stars: | 2024-04-30 | by ( Victor Mather | ) www.nytimes.com time to read: 1 min

A 2-year-old boy was killed on Saturday when a bounce house in Casa Grande, Ariz., was picked up by a strong gust of wind and flew into a neighboring lot. The child was taken to a hospital, where he was pronounced dead. Another child who had been in the bounce house was treated at a hospital with non-life-threatening injures. Whether called a bounce house, a bouncy castle or a moon bounce, those inflatable structures are a popular fixture at fairs and birthday parties. A 2022 University of Georgia study found 28 bounce house deaths worldwide since 2000 in wind-related incidents.

Organizations: of Georgia Locations: Casa Grande, Ariz, Spain, Australia

☆ Ecuadorians wanted an action man. President Noboa has fulfilled that role — embassy raid included
▼ + stars: | 2024-04-09 | by ( ) www.cnbc.com time to read: +7 min

The President of the Republic of Ecuador, Daniel Noboa, during the Spain-Ecuador business meeting at the headquarters of the CEOE, on 25 January, 2024 in Madrid, Spain. "President Noboa has given a strong message to the nation," said Carlos Galecio, a political communications consultant and coordinator of the communications program at Ecuador's Casa Grande University. "I am in favor of President Noboa's actions. "The priority is to clean, sanitize, continue with a process as important as President Noboa's to put the house in order." "The United States takes very seriously the obligation of host countries under international law to respect diplomatic missions," said Brian Nichols, assistant secretary of state for Western Hemisphere affairs.

Persons: Daniel Noboa, Daniel Noboa's, Ecuadorians, Noboa, Carlos Galecio, Rafael Correa, Nayib Bukele, Cedatos, Jorge Glas, Glas, Noboa's, Gabriela Sandoval, Roberto Aspiazu, Will Freeman, Freeman, Brian Nichols Organizations: Ecuadorian, Associated Press, Casa Grande University, Statistics, Police, Vienna Convention, America's Pacific Alliance, Foreign Relations, Mexico's, Jalisco New Generation, United, Western Hemisphere Locations: Republic of Ecuador, Spain, Ecuador, Madrid, Belgium, El Salvador, Quito, Vienna, Mexico, The Hague, Noboa, York, Latin America, Colombia, Peru, Mexico's Sinaloa, Jalisco, U.S, United States

☆ Bolivia severs ties with Israel over war in the Gaza Strip, as Columbia and Chile recall ambassadors
▼ + stars: | 2023-11-01 | by ( Ruxandra Iordache | ) www.cnbc.com time to read: +1 min

- Leftist economist Luis Arce assumed the Bolivian presidency facing the challenge of uniting a polarized society and reactivating an economy ravaged by the coronavirus pandemic. Bolivia on Tuesday announced it has cut off diplomatic ties with Israel as a result of the civilian deaths caused by its war in the Gaza Strip, while Chile and Colombia have recalled their ambassadors to the Middle Eastern country for consultations. The Bolivian decision took place after a Monday meeting with the Palestinian ambassador to the South American country, said Maria Nela Prada, minister of the Bolivian presidency, in an update. "The government of Bolivia's decision to cut diplomatic ties with Israel is a surrender to terrorism and to the Ayatollah's regime in Iran," Israel's Foreign Ministry said in a statement. It added, "In any case, since the change of government in Bolivia, relations between the countries have been devoid of content."

Persons: Luis Arce's, Marianela Prada, Luis Arce, AIZAR RALDES, Maria Nela Prada Organizations: Casa, Bolivian, Getty Images, Tuesday, CNBC Locations: del Pueblo, La Paz, AFP, Israel, Gaza, Bolivia, Chile, Colombia, Palestinian, American, Iran, Bolivian

☆ US luxury EV maker Lucid set to enter China market
▼ + stars: | 2023-06-08 | by ( ) www.reuters.com time to read: +2 min

[1/2] Arizona Governor Doug Ducey speaks at the Lucid Motors plant in Casa Grande, Arizona, U.S. September 28, 2021. REUTERS/Caitlin O'HaraSHANGHAI, June 8 (Reuters) - U.S. luxury electric vehicle (EV) maker Lucid Group (LCID.O) is preparing to enter the world's largest auto market, its head of China operations Zhu Jiang said on Thursday. He declined to comment on any plans for local production. Zhu said the funding would help Lucid "bring the advanced EV technology and product experience to the industry and users globally at a faster pace." Lucid, like its peers, is battling mounting losses and tightening cash reserves amid recession fears and a price war sparked by market leader Tesla (TSLA.O).

Persons: Doug Ducey, Caitlin O'Hara SHANGHAI, Zhu Jiang, Zhu, Ford, Tesla, Peter Rawlinson, Zhang Yan, Zhuzhu Cui, Brenda Goh, Jamie Freed Organizations: Arizona, Lucid, REUTERS, Reuters, Baidu, HK, Saudi Arabia's Public Investment Fund, Air, Thomson Locations: Casa Grande , Arizona, U.S, China, Saudi

☆ Stocks making the biggest moves after hours: Nvidia, Etsy, Lucid, Bumble, Moderna and more
▼ + stars: | 2023-02-22 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +2 min

Etsy posted revenue of $807 million, smashing estimates of $752 million, according to Refinitiv. The company also forecast current quarter revenue of $600 million and $640 million, compared to estimates of $622 million. eBay — The online auction platform reported fourth quarter earnings of $1.07 per share excluding items, on revenues of $2.51 billion. Bumble — The online dating site jumped nearly 5% after it reported better-than-expected fourth quarter earnings and revenue. Bumble posted revenue of $191 million, above the $186 million estimated by analysts polled by FactSet.

☆ Lucid's revenue falls short of estimates as it guides to higher EV production in 2023
▼ + stars: | 2023-02-22 | by ( John Rosevear | ) www.cnbc.com time to read: +2 min

Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Electric vehicle maker Lucid on Wednesday reported fourth-quarter revenue that fell short of expectations after building just 7,000 of its Air luxury sedans last year amid manufacturing challenges. But the company said it expects to make between 10,000 and 14,000 vehicles in 2023. The company's bottom line likewise improved, coming in narrower than the 64-cent loss per share it posted in the year-ago period. The company said in April that Saudi Arabia's government had agreed to buy up to 100,000 of its vehicles over the next 10 years.

☆ EV Startup Lucid Beats Production Target, Struggles to Deliver Cars
▼ + stars: | 2023-01-12 | by ( Sean Mclain | ) www.wsj.com time to read: 1 min

Luxury electric-vehicle maker Lucid Group Inc. said it surpassed its production target for 2022, but only got about 60% of them into the hands of buyers as the company had logistics issues. Lucid last year produced 7,180 of its Air sedans at its factory in Casa Grande, Ariz., and delivered 4,369 of them to customers. The company had said it aimed to produce 6,000 to 7,000 vehicles in 2022. The EV startup had originally planned to produce double that amount but slashed its outlook in February after running into supply-chain and production issues.

☆ California invested an enormous amount of money into getting EVs on the road, but practically nothing when it comes to dealing with the waste: 'It's totally like the Wild West.'
▼ + stars: | 2022-12-11 | by ( Hanna Kang | ) www.businessinsider.com time to read: +13 min

"It's totally like the Wild West," said Zora Chung, co-founder of ReJoule, Inc., a startup project based in Signal Hill that is exploring repurposing used batteries from EVs. However, there are no EV battery recycling plants that exist in California, nor tried-and-true recycling programs in place to deal with the fallout. Currently, the company has used batteries deployed at the American Museum of Ceramic Art in Pomona, where solar panels feed electricity into the used battery storage units. Charging station for electric and hybrid cars using solar panels to generate electricity to charge car batteries. "Imagine if it just took you one full work week to qualify one used battery," Chung said.

☆ Electric vehicle maker Lucid reports third-quarter loss, confirms it's on track to meet production guidance
▼ + stars: | 2022-11-08 | by ( John Rosevear | ) www.cnbc.com time to read: +2 min

Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Here's what the company reported:Revenue: $195.5 million, versus $232,000 in the year-ago quarter, when it was beginning production of the Air sedan. $195.5 million, versus $232,000 in the year-ago quarter, when it was beginning production of the Air sedan. On Oct. 12, Lucid said that it produced 2,282 vehicles and delivered 1,398 vehicles to customers in the third quarter. The funding round is structured to keep the Saudi public wealth fund's stake in Lucid at its current level.

☆ Biden administration awards $2.8 billion in grants for electric vehicle battery manufacturing
▼ + stars: | 2022-10-19 | by ( Emma Kinery | ) www.cnbc.com time to read: +1 min

President Joe Biden announced $2.8 billion in grants for 20 companies to produce batteries for electric vehicles in the United States. The grants are being allocated through the Department of Energy with funds from the Bipartisan Infrastructure Law to companies in 12 states. Increasing manufacturing capacity of in the United States has been a priority for the Biden administration. In all, the Bipartisan Infrastructure Law, the CHIPS and Science Act and the Inflation Reduction Act allocated more than $135 billion toward electric vehicle manufacturing. "This is critically important because the future of vehicles is electric, but the battery is a key part of that electric vehicle and right now 75% of that battery manufacturing is done in China."

☆ Luxury EV maker Lucid confirms it's on track to meet conservative 2022 production targets
▼ + stars: | 2022-10-12 | by ( John Rosevear | ) www.cnbc.com time to read: +1 min

Electric vehicle start-up Lucid on Sept. 28, 2021 said production of its first cars for customers has started at its factory in in Casa Grande, Arizona. Electric luxury vehicle maker Lucid Group confirmed Wednesday that it remains on track to produce between 6,000 and 7,000 vehicles in 2022, in line with the more conservative guidance it provided to investors in August. Lucid has twice cut its production guidance for 2022. The California-based startup had originally expected to build 20,000 of its Air electric luxury sedans this year. Lucid is scheduled to report its full third-quarter results after the U.S. markets close on Nov. 8.

☆ Insiders say morale 'sucks' at electric-vehicle startups like Rivian and Lucid — and it could be a death blow for struggling Tesla wannabes
▼ + stars: | 2022-10-01 | by ( Alexa St. John | ) www.businessinsider.com time to read: +8 min

As EV startups face a storm of troubles, many employees say they're losing faith in the mission. "They kept saying, 'Tesla, Tesla, the next Tesla,'" a now former supervisor at the electric-vehicle startup said. Canoo has lost several key leaders, as have Xos, Lucid, and others. Some current and former startup workers said they had a continued appetite for industry opportunities. Are you a current or former EV startup employee?

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