Category: Industry Focus Areas

May 25, 2023

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. […]

May 24, 2023

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 […]

May 24, 2023

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. […]

May 23, 2023

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 […]

May 22, 2023

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 […]

May 19, 2023

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 […]

May 18, 2023

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 […]

May 16, 2023

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: […]

May 15, 2023

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 […]

May 11, 2023

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 […]

May 11, 2023

“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 […]

May 10, 2023

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 […]

May 8, 2023

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 […]

May 8, 2023

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 […]

May 5, 2023

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 […]

May 4, 2023

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 […]

May 2, 2023

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 […]

May 2, 2023

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 […]

April 28, 2023

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 […]

April 28, 2023

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 […]