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Category: Industry Focus Areas


Industry Focus Areas, Motorized Vehicle

The Automotive Industry and Electric Vehicles

December 3, 2020

Via: Industry Today

The automobile industry is undergoing a massive transition process in the past few years. And in recent days, it has gotten even faster and the future seems to be so good. Now, to be honest, this change must have been […]


Energy, Industry Focus Areas

Chevron Slashes Spending Plans as Coronavirus Hammers Oil Demand

December 3, 2020

Via: The Wall Street Journal

Chevron Corp. said it would cut its annual capital spending budget by 26% next year and sharply through the middle of the decade, as the coronavirus pandemic forces an industrywide reappraisal of fossil-fuel investment. Chevron said it would spend $14 […]


Industry Focus Areas, Motorized Vehicle

Ford’s November sales down 21% due to F-150 pickup supply and production

December 2, 2020

Via: CNBC

Tight inventory levels of Ford Motor’s F-150 pickup due to pandemic-related plant shutdowns earlier this year and production starting for a redesigned model led to a 20.9% decrease in the automaker’s sales in November, the company said Wednesday. The Detroit […]


Industry Focus Areas, Motorized Vehicle

Nikola founder Trevor Milton can sell his 91.6 million shares starting Tuesday as insider lockup period expires

December 1, 2020

Via: CNBC

Ousted Nikola founder and Chairman Trevor Milton is the company’s largest shareholder with more than a fourth of the start-up’s shares, and he can sell all of them beginning Tuesday. Milton, who disappeared from the public eye and deleted all […]


Industry Focus Areas, Motorized Vehicle, Process, Production

Ford picks German plant to build new EV, reports say

November 30, 2020

Via: Automotive News

Ford Motor Co. has chosen its factory in Cologne, Germany, to build a mass-market electric car based on Volkswagen Group’s MEB electric architecture, local media reports said. The automaker will invest 1 billion euros ($1.2 billion) into the factory for […]


Energy, Industry Focus Areas

OPEC+ Meets to Seek Compromise on Plan to Delay Output Hike

November 30, 2020

Via: Transport Topics

OPEC+ began two days of potentially complicated talks to hash out the size of its oil-production cuts next year, with the group’s president calling for caution in a fragile market. The coalition that pumps half the world’s crude is debating […]


Energy, Industry Focus Areas

Oil Advances to Eight-Month High on Demand Optimism

November 25, 2020

Via: Transport Topics

Oil extended gains, trading at its highest level since March, on mounting optimism that recent breakthroughs on a COVID-19 vaccine will lead to a swift recovery in global energy demand next year. Futures in New York on Nov. 25 rose […]


Energy, Industry Focus Areas

Developing Solar Heat for Use in Manufacturing Facilities

November 24, 2020

Via: Manufacturing Tomorrow

Constant and predictable heat is essential for manufacturing processes. Drying materials, heating products and keeping a building at a comfortable temperature for workers all require a great deal of energy. The recent push toward green and lean manufacturing has leading […]


Industry Focus Areas, Motorized Vehicle

Tesla Hits $500 Billion Mark; Musk Overtakes Gates

November 24, 2020

Via: Transport Topics

Tesla Inc. is smashing through records as its impending addition to the S&P 500 Index has sparked a buying frenzy among investors, pushing the company’s market valuation over the $500 billion mark for the first time on Nov. 24. Shares […]


Industry Focus Areas, Motorized Vehicle, Regulations

JLR seeks to block U.S. imports of Porsche, Audi, Lamborghini and VW crossovers

November 20, 2020

Via: Automotive News

Jaguar Land Rover filed a complaint on Thursday to block U.S. imports of Porsche, Lamborghini, Audi and VW crossovers it says are using its patented Terrain Response technology without permission. JLR, owned by India’s Tata Motors, said in its filing […]