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Search resuls for: "ICEs"


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Many U.S. EV owners, in particular, are having second thoughts. EV adoption has slowed in the U.S., even as the recent earnings and delivery reports from both GM and Ford showed sizable increases in EV sales. Ford said EV sales were up 60%, to nearly 24,000 units, but CEO Jim Farley described a "more realistic and sharpened" EV plan during its earnings call. Drury said that some distinctions are becoming clear between all EV owners and those who are most satisfied. As battery range and density increase, and EV charging infrastructure improves, and prices continue down, Brauer said the picture should brighten for EV sales.
Persons: Scott Olson, Ford, Jim Farley, Tesla, Mary Barra, Edmunds, EVs, Ivan Drury, it's, I'm, Drury, Karl Brauer, they're, Brauer, Barra Organizations: Getty, McKinsey, U.S, EV, GM, Ford, Gallup, CNBC, ICE Locations: Chicago , Illinois, ICEs, Australia, Brazil, China, Germany, Norway, France, Italy, South Korea, U.S, , California
Massimo Pinca | ReutersDETROIT – Since spearheading a merger to create Stellantis in 2021, CEO Carlos Tavares has been on a cost-cutting mission. "We are not in the race to transition to EVs, but in a race to cut cost on EVs," Tavares said in late May during a Bernstein investor conference. The cuts are part of Stellantis' strategic plan to increase profits and double revenue to 300 billion euros by 2030. Executives on Thursday will outline developments across Stellantis' regions and businesses, including its capital and operational disciplines, according to Stellantis CFO Natalie Knight. "The share price reaction to the [capital markets day] will likely be driven by how these short-term concerns are addressed.
Persons: Carlos Tavares, Massimo Pinca, Tavares, " Tavares, Stellantis, Ned Curic, EVs, I've, Natalie Knight, David Dee Delgado, Ram, China's, Patrick Hummel Organizations: Reuters DETROIT, Atlantic, PSA Groupe, Fiat Chrysler, Ram, CNBC, Amazon, New York, Auto, Reuters, Cox Automotive, UBS, GM, Ford Locations: Turin, Italy, U.S, Auburn Hills , Michigan, Manhattan , New York, China
CNN —Astronomers using the James Webb Space Telescope have detected commonplace chemical ingredients found in vinegar, ant stings and even margaritas around two young stars, according to NASA. The complex organic molecules they observed using the space observatory’s Mid-Infrared Instrument included acetic acid, a component of vinegar, and ethanol — otherwise known as alcohol. The team also found simple molecules of formic acid, which causes the burning sensation associated with ant stings, as well as sulfur dioxide, methane and formaldehyde. Stars form from swirling clouds of gas and dust, and the leftover material from star formation gives rise to planets. Detecting complex organic molecules in space is helping astronomers to determine the molecules’ origins as well as those of other larger cosmic molecules.
Persons: James Webb, Carl Sagan, , Webb, detections, , Will Rocha, Young, Ewine van Dishoeck, Harold Linnartz, Linnartz, “ Harold, ” van Dishoeck Organizations: CNN —, NASA, ESA, Hustak, Leiden University, Astrophysics, Leiden Laboratory Locations: astrochemistry, Netherlands, ices
A traditional automaker just turned a profit on EVs
  + stars: | 2024-02-15 | by ( Chris Isidore | ) edition.cnn.com   time to read: +3 min
New York CNN —Electric vehicles are finally turning a profit for Stellantis, CEO Carlos Tavares said Thursday, and, in contrast to some rivals, it will not cut back on producing EVs. The announcement marks an important milestone for electric vehicles and for traditional automakers, which have struggled to make money on EVs even as demand has grown. Ford, the only company to break out results separately for electric and traditional vehicles, reported that it lost $4.7 billion in EVs last year, or more than $40,000 per vehicle. But he said that EVs, while profitable, are still not as profitable as traditional gas-powered vehicles. That includes profit sharing for about 38,000 United Auto Workers union members at an average of $13,860, down from $14,760 a year earlier.
Persons: Carlos Tavares, , Tesla, Traveras, Stellantis Organizations: New, New York CNN —, Fiat Chrysler, PSA Group, Ford, GM, General Motors, Jeep, Chrysler, Dodge, United Auto Workers, UAW Locations: New York, Detroit, EVs, Europe, Paris
“I come from show people,” the sculptor and installation artist Karon Davis said in an interview on Wednesday. “The minute I was born, I was handed tap shoes, ballet shoes.” She’s only half joking: her mother, Nancy Bruner, was a ballerina; her sister, Naja, who died at the age of 16, was an aspiring ballerina; and her father is the Tony- and Emmy-award-winning actor, dancer and singer Ben Vereen. That immersion inspired her recent exhibition, “Beauty Must Suffer,” which opened on Oct. 12 at Salon 94 in Manhattan. On the second floor, plaster children practice at the barre, dancers rest, bow and stretch alongside floor-to-ceiling columns composed of pink tutus and piles of “dead” toe shoes. (Until fairly recently, the major makers of ballet slippers didn’t produce a diverse range of colors.)
Persons: Karon Davis, , ” She’s, Nancy Bruner, Naja, Tony, Ben Vereen, they’re Organizations: barre Locations: Manhattan, Paris
CNN —A newly discovered comet will be visible at times as it flies by Earth next week. Japanese space photographer Hideo Nishimura first observed Comet Nishimura in early August as he was taking images of the night sky, according to EarthSky. Comet Nishimura can bee seen as a faint green dot in the sky over L'Aquila, Italy, on September 7. “Unless it becomes quite a bit brighter than expected, it will likely not be visible.”What’s next for Comet NishimuraGiven how closely Comet Nishimura will pass by the sun, it’s possible the intense heat might destroy it. If you miss the chance to see Comet Nishimura, there are several comets expected to appear in the night sky in the next 16 months, Hale said.
Persons: Hideo Nishimura, Comet Nishimura, Alan Hale, Comet Hale, Bopp, Nishimura, Dr, Paul Chodas, would’ve, Hale, Chodas, Dave Schleicher, Schleicher, Manuel Romano, ” Hale, What’s, ” Chodas, Comet Pons, Brooks, Comet Olbers Organizations: CNN, Earthrise, NASA’s Center, Jet Propulsion Laboratory, Lowell Observatory, Northern, Sun Locations: Pasadena , California, Arizona, L'Aquila, Italy
Work from home has in part jacked up food prices, and the increase is about 14% above just last year. The only bank that looks like Silicon Valley Bank is First Republic Bank (FRC) because it, too, has suffered huge deposit withdrawals. Nike (NKE)said China orders were good, so did Club stock Starbucks (SBUX). As counterintuitive as it is, the banking row will give the 4.8% fed funds rate a chance to cool consumer spending. This gives stocks a window to advance until we begin earnings season with what will no doubt be a cautious banking sector.
The EU law would require all new cars sold from 2035 to have zero CO2 emissions, making it effectively impossible to sell new fossil fuel-powered cars. E-fuels, like e-kerosene, e-methane, or e-methanol, are made by synthesizing captured CO2 emissions and hydrogen produced using renewable or CO2-free electricity. Germany and Italy want clearer assurances from the EU that sales of new ICE cars can continue beyond 2035, if they run on CO2-neutral fuels. Most major carmakers are betting on battery-electric vehicles - a technology that is already widely available - as the main route to cut CO2 emissions from passenger cars. Supporters say e-fuels offer a route to cut the CO2 emissions of our existing passenger car fleet, without replacing every vehicle with an electric one.
The test used a converted regional aircraft engine from Rolls-Royce, with hydrogen produced at the European Marine Energy Centre in Orkney. LONDON — Plans to reduce the significant environmental effects of aviation took a step forward this week after Rolls-Royce and easyJet said they had carried out the ground test of a jet engine that used hydrogen produced from tidal and wind power. The test, which was carried out at an outdoor site in the U.K., used a converted regional aircraft engine from London-listed Rolls-Royce. "This is a true British success story, with the hydrogen being used to power the jet engine today produced using tidal and wind energy from the Orkney Islands of Scotland," Shapps added. Using hydrogen to power an internal combustion engine is different to hydrogen fuel cell technology, where hydrogen from a tank mixes with oxygen, generating electricity.
The tie-up with Geely comes as Renault fleshes out plans to establish an EV spin-off called Ampere. According to Renault, France-based Ampere "will develop, manufacture, and sell full EV passenger cars." This was because, Pieton argued, it created "a world-leading supplier of ICE and hybrid powertrains with around 19,000 employees in the world, covering 130 countries." "Manufacturers need to be flexible in their powertrain offerings according to market needs — which differ across the world." The U.K., for example, wants to stop the sale of new diesel and gasoline cars and vans by 2030.
După o oră de consultări, Comisia Electorală Centrală a decis ca reprezentanții MAEIE să remită până, la ora 16:00, în adresa CEC o scrisoare cu noile liste, geografia secțiilor de vot și numărul secțiilor. Ora 11:36 Maxim Lebedinschi, secretar CEC: „MAEIE are calitate de terță persoană în această hotărâre a CA. Noi puteam avea acum suficiente pretenții întrebări către MAEIE și ei la rândul lor către noi. Volumul de lucru este diferită la cei care sunt peste hotare, de aceea am recomandat dacă este cuviință, de dublat numărul secțiilor. Dacă o să insistați pe secții o să fie nevoie de formarea organelor electorale, termenul a trecut.
Persons: Maxim Lebedinschi, Dumitru Pavel, Dorin, Eugeniu Revenco, Vladimir, Eugeniu, Lebedinschi Organizations: Comisia Electorală Centrală, CEC, Ministerului, Externe, Integrării Europene, Electorală Centrală, Apel Locations: Rodos, Federația Rusă, Londra, Apel Chișinău, străinătate
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