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Most carmakers said their battery packs are repairable, though few seem willing to share access to battery data. Lauterwasser said access to EV battery data is part of that fight. EV battery problems also expose a hole in the green "circular economy" touted by carmakers. Hill estimated at least 95% of the cells in the hundreds of EV battery packs - and thousands of hybrid battery packs - Synetiq has stored at Doncaster are undamaged and should be reused. 'PAIN POINTS'The British government is funding research into EV insurance "pain points" led by Thatcham, Synetiq and insurer LV=.
Its Model Y battery pack goes "straight to the grinder" after an accident, he said. "A Tesla structural battery pack is going straight to the grinder," Munro, a manufacturing expert known for his vehicle teardowns, told Reuters. Tesla's approach has been a structural battery pack, which has largely been hailed as revolutionary. Reuters cited experts that said Tesla and other automakers need to prioritize more easily repairable battery packs — and allow others access to battery cell data for repairs. That access to data, especially, has been debated as more EVs hit the roads.
Building in Mexico could be the key to the $25,000 Tesla. Even without unveiling the affordable model, one manufacturing expert is convinced Tesla has the chops to pull it off. The affordable Tesla will be unveiled "at a later date." Some of the industry's most profitable vehicles are built in Mexico, including some General Motors pickup trucks and heavy-duty Ram pickups. That car is supposed to come out this year if the company is on track with those original plans.
LONDON, Nov 16 (Reuters) - The London Metal Exchange (LME) said on Wednesday it was conducting enhanced monitoring of nickel trading after prices fell as much as 12% in volatile and illiquid conditions. The London Metal Exchange (LME) on March 8 cancelled all nickel trades and suspended the market for more than a week after prices doubled in a matter of hours. "The LME notes the current volatility in nickel," the exchange said in a statement. "The price limits in place are functioning as expected and the LME is undertaking enhanced monitoring to ensure that participants' trading activities are being conducted appropriately." Benchmark LME nickel racked up six consecutive days of gains between Nov. 8 and Nov. 15, starting the first at $23,330 a tonne and reaching as high as $31,275 on the last.
Nick Griffin, chief investment officer at Munro Partners, is so bullish on one stock, he says it's a better bet than U.S. Treasurys. Griffin's Munro Global Growth Fund has outperformed the S & P 500 this year, although it was down around 15% as of Oct. 7. The S & P 500 saw a roughly 23% tumble over the same period. The fund, much like the S & P 500, is heavily weighted toward tech. Tech stocks have taken a beating this year as investors fled the growth part of the market amid volatility.
Why this fund manager likes 3 Big Tech stocks
  + stars: | 2022-10-11 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWhy this fund manager likes 3 Big Tech stocksNick Griffin, chief investment officer at Munro Partners, is bullish on these three major tech stocks. He explains why.
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