Ford To Build New $30K Midsize Electric Pickup In Louisville Kentucky https://t.co/fxNzz9gNcL ...

Ford plans to start rolling out its new family of affordable electric vehicles in 2027, including a midsize pickup truck with a target starting price of $30,000, the company said on Monday, as it aspires to the cost efficiency of Chinese rivals.The new midsize four-door pickup will be assembled at the automaker’s Louisville, Ky., plant. Ford is investing nearly $2 billion in the plant, which produces the Escape and Lincoln Corsair, retaining at least 2,200 jobs, it said in a statement.Chinese carmakers such ...

Revel shuts down its ride-hail business to focus on EV charging | TechCrunch https://t.co/5gMdOCyF9T ...

Key Takeaways Ford pushes back its new electric pickup and E-Transit van launches to 2028.Shift focuses on a new platform for compact, affordable EVs, including a 2027 small pickup.CEO cites Chinese EV makers' low-cost edge as key competition in shaping Ford's strategy.U.S. legacy automaker Ford (F) is pushing back two major electric vehicle (EV) launches as it shifts focus to smaller, cheaper EVs that can turn a profit.The next-generation full-size electric pickup, known internally as “Project T3” and set ...

Core Insights - Lucid Group, Inc. has recently formed a partnership with Uber Inc., marking a significant step into the electric vehicle (EV) market [1] Company Summary - The partnership with Uber signifies Lucid Group's strategic move to expand its presence in the EV sector, aligning with the growing demand for sustainable transportation solutions [1] Industry Summary - The collaboration highlights the increasing integration of electric vehicles within ride-sharing platforms, reflecting broader trends in the automotive and technology industries [1]

Group 1: Disney and NFL Partnership - The NFL has acquired a 10% stake in ESPN in exchange for distribution rights to the NFL Network and RedZone, among other assets, marking a significant partnership between Disney and the NFL [1][3] - Disney reported a 3% increase in revenue to $23.7 billion, but faced a 15% decline in linear TV, indicating ongoing challenges with cord-cutting [3] - ESPN will now have access to six additional NFL games, increasing its total from 22 to 28, which is expected to enhance its streaming offerings [3][5] Group 2: Streaming Strategy and Market Position - The integration of NFL content into ESPN's streaming service is seen as a strategic move to attract and retain subscribers, especially as Disney bundles its services with Disney Plus and Hulu [6][8] - Disney's streaming revenue is projected to reach $24.7 billion, while Netflix's is at $44.3 billion, with analysts suggesting that Disney Plus could surpass Netflix in subscribers by 2026 [15][22] - The deal positions Disney to create a comprehensive sports platform that could appeal to both casual and hardcore sports fans, potentially boosting advertising revenue through targeted ads [8][11] Group 3: Competitive Landscape - The partnership with the NFL may create challenges for competitors like Fox, Discovery, and Comcast, as they scramble to secure live sports content [4][5] - The NFL's ambition to reach $25 billion in annual revenue by 2027 aligns with Disney's strategy to further monetize its media assets [5] - The deal could lead to a consolidation of sports content on ESPN, making it a primary destination for sports fans and potentially affecting the distribution of other sports leagues [10][11] Group 4: Financial Performance of Other Companies - Rivian reported a $140 million revenue shortfall due to changes in EV tax credits, which may benefit traditional automakers [19][21] - Shopify had a strong quarter with revenue of $2.7 billion, beating analyst expectations, and reported a 31% year-over-year increase in GMV [22][23] - Upstart achieved over 100% revenue growth and originated 159% more loans year-over-year, marking its first GAAP profitable quarter since Q2 of 2022 [24][25]

RT Sawyer Merritt (@SawyerMerritt)NEWS: Italy has approved new subsidies worth almost $700 million for the purchase of EVs. The ministry will offer up to 10,000 euros ($11,650 USD) to individuals and up to 20,000 euros to small firms, covering up to 30% of the total purchase price of a new electric car or commercial vehicle.To qualify, users will be required to scrap an internal combustion vehicle of up to the Euro 5 emission class, dating from 2015 or earlier, the ministry said. ...

[Music] Can transport authorities combine burgeoning highway building programs with challenging net zero targets. Road transport is responsible for around 12% of greenhouse gas emissions globally. Currently, it's estimated new road building projects worth $2.7% trillion are underway around the world.projects that will almost certainly increase the total volume of traffic and especially car journeys. That may not be ideal from an environmental perspective, but many places still lack the public transport infr ...

General Motors Co. plans to purchase electric-vehicle batteries from China to power its upcoming entry-level EV until it can procure US-made batteries with South Korea’s LG Energy Solution. https://t.co/JWNUOtBq9w ...

Copper's role in modern technology and electronic infrastructure has increased global consumption to above 25 million metric tonses per year. Metal is now the third most used after iron and aluminum. Much of the demand is driven by electric vehicles, renewable energy, and AIdriven data centers.The price though has been wildly volatile in 2025. New 50% US tariffs announced on July 8th had pushed copper prices to record highs, including a 13% jump in one day, driven by fears of a supply disruption. But on Jul ...