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Category: Industry Focus Areas


Industry Focus Areas, Motorized Vehicle

Nikola’s Plunging Stock Value Risks Nasdaq Delisting

May 25, 2023

Via: Transport Topics

Nikola Corp. tumbled May 25 after Nasdaq Inc. notified the company that it isn’t in compliance with the minimum bid requirements to remain listed on the exchange. Shares of the electric truck maker sank 20%, the most since November 2020. […]


Energy, Industry Focus Areas, Regulations

Energy Department Rejects $200 Million Grant to Microvast

May 24, 2023

Via: Transport Topics

The Biden administration has canceled plans to award a $200 million grant to a U.S. battery manufacturer amid criticism from Republican lawmakers over the company’s alleged ties to China. Texas-based Microvast was one of 20 companies to win preliminary grants […]


Industry Focus Areas, Medical

Integra recalls all devices made at Boston facility in the past 5 years, pauses production

May 24, 2023

Via: MedTech Dive

Integra initiated the voluntary recall after an internal investigation found endotoxin testing deviations. The deviations may have resulted in the release of medical devices with levels of endotoxins that exceed the levels permitted by the product specifications, the company said. […]


Aerospace & Defense, Industry Focus Areas

Lilium Signs Agreement With Air-Dynamic to Serve Switzerland and Italy

May 23, 2023

Via: ASD News

Lilium N.V., developer of the first all-electric vertical take-off and landing (“eVTOL”) jet, announced an agreement with Air-Dynamic SA, a Switzerland-based private jet and helicopter company. The firm agreement includes deposit payments to Lilium for delivery of up to five […]


Energy, Industry Focus Areas, News

Manufacturer Expansions Bring Millions To Pennsylvania

May 22, 2023

Via: Business Facilities Magazine

Vitro will invest $93.6 million in upgrading its Meadville Plant located in Cochranton, Pennsylvania, and create approximately 130 new high-quality jobs. Vitro’s investment will rebuild and modernize a production line at its Meadville Plant located in Cochranton to support First […]


Energy, Industry Focus Areas

Renogy Launches its REGO Smart Solar System with Powerful New Capabilities for Off-Grid Living

May 19, 2023

Via: PR Newswire

Renogy, the industry leader in off-grid and mobile energy, today announced that its flagship smart solar system REGO is now widely available and capable of delivering even more power and control for off-grid living. The latest advances in REGO are […]


Industry Focus Areas, Workforce Development

Hiring Challenges: The Future Of Skilled Labor

May 18, 2023

Via: Business Facilities Magazine

Small business leaders that rely on skilled labor are facing unprecedented challenges in today’s job market. With job growth for businesses with fewer than 50 employees steadily declining after 2022’s sustained highs, and concerns about supply chains, inflation, and shallow […]


Aerospace & Defense, Industry Focus Areas

Rocket Lab Sets Date for 2nd NASA TROPICS Launch to Deploy Storm Monitoring Constellation

May 16, 2023

Via: ASD News

Rocket Lab is preparing to launch the second half of NASA’s TROPICS satellite constellation as early as May 22, just two weeks after successfully completing the first launch Mahia, New Zealand. May 15, 2023 – Rocket Lab USA, Inc. (Nasdaq: […]


Industry Focus Areas, Motorized Vehicle

Automakers Scramble to Get Into Mining

May 15, 2023

Via: The Wall Street Journal

When General Motors began outlining plans in 2020 to fully switch to electric vehicles, it didn’t account for one critical factor: Many of the battery minerals needed to fulfill its plans were still in the ground. “I remember seeing a […]


Energy, Industry Focus Areas

Rooftop solar panels could power one third of US manufacturing sector, claims study

May 11, 2023

Via: Phys.org

Mounted on the rooftops of industrial buildings, solar panels could meet the entire electricity demand of up to 35% of U.S. manufacturers. A new study, published in Environmental Research: Infrastructure and Sustainability, investigates the feasibility of meeting these electricity demands […]


Industry Focus Areas, Motorized Vehicle

EV Startups Are Proving Warren Buffett Right

May 11, 2023

Via: The Wall Street Journal

“The auto industry is just too tough.” That was Warren Buffett’s response to a question about the opportunities presented by the shift to electric vehicles at Berkshire Hathaway’s annual meeting last Saturday. A few days of earnings reports from EV […]


Energy, Industry Focus Areas

Renewable Diesel Output Rises as Alternatives Proliferate

May 10, 2023

Via: Transport Topics

U.S. renewable diesel production took a number of steps forward over the past couple of weeks as two more facilities came online and another ramped up, with refiners seeking to meet the burgeoning competition for trucking’s alternative fuel dollars. Alternatives […]


Industry Focus Areas, Motorized Vehicle

VW Taps Bentley Executive to Fix Software Unit

May 8, 2023

Via: The Wall Street Journal

Volkswagen Chief Executive Officer Oliver Blume named a company insider to head the automaker’s struggling software unit as part of a broader overhaul of how the company develops the software for its cars, VW said on Monday. Mr. Blume put […]


Aerospace & Defense, Industry Focus Areas

Rocket Lab Successfully Launches First Batch of TROPICS Satellites for NASA

May 8, 2023

Via: ASD News

Rocket Lab USA, Inc. (Nasdaq: RKLB) (“Rocket Lab” or “the Company”), a leading launch and space systems company, today successfully completed the first of two dedicated Electron launches to deploy a constellation of tropical cyclone monitoring satellites for NASA. The […]


Aerospace & Defense, Industry Focus Areas

Lilium Jet Enters Powered Test Campaign at Europe’s Largest Wind Tunnel Facility

May 5, 2023

Via: ASD News

Lilium N.V., developer of the first all-electric vertical take-off and landing jet, today announced the start of wind tunnel testing on a complete 1 to 2.5 scale (40% size) Lilium Jet model, including working engines and flap actuators, at the […]


Energy, Industry Focus Areas

Electric car batteries are difficult to recycle—at least for now

May 4, 2023

Via: Phys.org

Electric cars require batteries. This is a billion-dollar industry that Norway is investing heavily in. Five gigafactories are currently being built in Norway. All of these will manufacture batteries for electric cars, and the market could be huge. How environmentally […]


Industry Focus Areas, Medical

Medtronic’s US diabetes business is floundering. Can the MiniMed 780G rescue it?

May 2, 2023

Via: MedTech Dive

In the multibillion-dollar market for diabetes technology, Medtronic’s U.S. diabetes sales have declined in the last four years as the company grappled with regulators and competitors rolled out new devices. With two strokes of a pen in late April, the […]


Energy, Industry Focus Areas

Mapping the inequalities of low-carbon electricity

May 2, 2023

Via: Phys.org

Greenhouse gas reduction, new jobs, new investment opportunities: the benefits of decarbonizing the electricity sector—one of the most polluting—are obvious. However, a transition to lower-carbon electricity production could have a negative impact on some regions, depending on their vulnerabilities and […]


Energy, Industry Focus Areas

Exxon, Chevron Profits Are Robust as Oil Prices Drop

April 28, 2023

Via: The Wall Street Journal

Exxon Mobil Corp.  and Chevron Corp. CVX collectively posted $18 billion in first-quarter profits, showing resilience even as oil and natural-gas prices declined. The Western world’s largest oil companies rocketed to record earnings last year as energy prices soared following […]


Industry Focus Areas, Motorized Vehicle

Chinese Truck Maker Eyes Mexico Facility, US Market

April 28, 2023

Via: Transport Topics

Chinese truck maker Beiqi Foton Motor Co. is planning a second plant in Mexico to manufacture electric vehicles with an eye on U.S. exports. The plant’s location has yet to be decided, said Roberto Talavera, director of electric vehicles at […]