Elon Musk encourages Toyota (TM) to join EV charging revolution, embrace NACS connector
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- S&P, Nasdaq drop on tech selloff as concerns about hawkish Fed, AI spending mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices steady as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- 'Equal and opposite': BTIG's Krinsky sees sharp reversal ahead for chip stocks
FedEx and General Motors Support RMI Research to Accelerate Transportation Electrification
June 14, 2023 10:16 AM EDTBOULDER, CO / ACCESSWIRE / June 14, 2023 / RMI announces FedEx and General Motors (GM) will each provide catalytic grant funding to drive innovative and equitable transportation infrastructure solutions at scale. Tackling the climate challenge requires speed and equitable implementation. The programs RMI, FedEx, and GM are collaborating on will focus on advancing research into electrification strategies and solution development from electric grid planning to EV charging infrastructure access. This primarily includes identifying EV charging solutions for residents of multi-family housing- streamlining the process to equitably deploy public and household EV charging-and building advanced grid planning tools to empower utilities... More
Gov. Holcomb announces largest EV investment in state history attracting a more than $3B battery plant
June 13, 2023 9:45 AM EDTNEW CARLISLE, Ind., June 13, 2023 (GLOBE NEWSWIRE) -- Governor Eric J. Holcomb, board chairman for the Indiana Economic Development Corporation, today announced plans to bring a more than $3 billion EV battery cell plant to St. Joseph County, creating 1,700 manufacturing jobs. The new battery cell plant, a joint venture between Michigan-based General Motors and Korea-based Samsung SDI, is scheduled to begin operations in 2026.Â
GM has long been one of Americas most iconic brands and deeply rooted in Indiana. For decades, Hoosier communities like Marion, Bedford and Fort Wayne have been part of the production of countless firsts for family vehicles.... More
Trigon Closes Acquisition of Copper King Extension at Kombat in Namibia
June 13, 2023 9:01 AM EDTTORONTO--(BUSINESS WIRE)-- Trigon Metals Inc. (TSX-V: TM, OTCQB: PNTZF) (Trigon or the Company) is pleased to announce that it has closed the acquisition of exclusive prospecting licence 8529 (EPL 8529 or the Licence) referred to as the Copper King Extension, as announced on January 30, 2023, which significantly expands its land holding in Namibia. The Licence surrounds Trigons Kombat and Gross Otavi projects in the Otavi Mountainland, a region associated with high grade copper and silver mineralization.
This press release features multimedia. View the full release here:... More
IperionX to Produce Titanium Components for Ford Motor Company
June 13, 2023 8:00 AM EDTCHARLOTTE, N.C.--(BUSINESS WIRE)-- IperionX Limited (NASDAQ:IPX, ASX: IPX) has agreed a Scope of Work (SoW) for the supply of titanium metal components for Ford Motor Company (Ford, NYSE: F) using IperionXs unique 100% recycled, low-carbon titanium metal. Ford and IperionX have been actively collaborating to design, test and additively manufacture a series of high-quality titanium components for future Ford Performance production vehicles.
This press release features multimedia. View the full release here:... More
IperionX to Produce Titanium Components for Ford Motor Company
June 13, 2023 2:30 AM EDTCHARLOTTE, N.C.--(BUSINESS WIRE)-- IperionX Limited (NASDAQ:IPX, ASX: IPX) has agreed a Scope of Work (SoW) for the supply of titanium metal components for Ford Motor Company (Ford, NYSE: F) using IperionXs unique 100% recycled, low-carbon titanium metal. Ford and IperionX have been actively collaborating to design, test and additively manufacture a series of high-quality titanium components for future Ford Performance production vehicles.
Ford Performance is the high-performance and racing division of the Ford Motor Company, well known for a leading range of... More
Toyota Unveils New Technology That Will Change the Future of Cars
June 12, 2023 9:05 PM EDTToyota City, Japan, Jun 13, 2023 - (JCN Newswire) - - Toyota Motor Corporation (Toyota) recently held a technical briefing session, "Toyota Technical Workshop," under the theme "Let's Change the Future of Cars" and announced a variety of new technologies that will support its transformation into a mobility company.
Hiroki Nakajima,... More
TOYOTA GAZOO Racing second in Le Mans thriller
June 12, 2023 11:18 AM EDTTOKYO, Jun 12, 2023 - (JCN Newswire) - - TOYOTA GAZOO Racing?s winning streak at the Le Mans 24 Hours came to a valiant end after an epic day-long battle for an historic victory in the centenary edition of the legendary French race.
After five consecutive Le Mans wins, the World Champions took on the challenge of a record 16-car Hypercar field featuring competitors from Cadillac, Ferrari, Peugeot and Porsche. A sell-out 325,000 crowd witnessed an exceptionally close contest featuring drama and excitement until the very end.
Last year's winners S?bastien Buemi, Brendon Hartley and Ryo Hirakawa, in the #8... More

