Bayerische Motoren Werke AG
Rolls-Royce uses hydrogen produced with wind and tidal power to test jet engine
LONDON — Plans to reduce the significant environmental effects of aviation took a step forward this week after Rolls-Royce and easyJet said they had carried out the ground test of a jet engine that used hydrogen produced from tidal and wind power. In a statement this week, aerospace giant Rolls-Royce — not to be confused […]
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Asset manager names 9 ‘cheap’ shares to invest in as economic downturn fears improve
A recession is looming, inflation seems probable to keep on and it is “important” for buyers to be searching at valuations proper now, suggests Steven Glass, handling director of Pella Money Administration. “There’s so quite a few indicators of a recession. I indicate, this inversion is substantial. I don’t consider men and women understand just […]
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Analysts really like these EV-connected shares — and give just one upside of far more than 100%
The electrical car or truck revolution is collecting steam, and though automakers may be an noticeable way to enjoy the boom, the broader offer chain could also give chances to investors. These companies span battery makers, chemicals companies and tech, as improved electrification and automation boosts the electronic articles per motor vehicle. The World wide […]
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From Teslas to BMWs, automobiles are piling up on land and at sea in German port of Bremerhaven
Krisztian Bocsi | Bloomberg | Getty Images The Port of Bremerhaven, the primary roll on/roll off port in Germany and just one of the major auto hubs in the environment, is enduring gridlock. The mixture of the lack of drivers to transfer containers and automobiles out of the port and large volumes of normal trade […]
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‘Very attractive’: Invest in this automaker to enjoy significant pent-up desire in U.S., fund manager claims
There is large demand for vehicles in both of those the U.S. and China — the world’s two premier autos marketplaces — according to fund manager Steven Glass, who named a single automaker to funds in. In the U.S. alone, the shortfall stands at five million vehicles, Glass, controlling director and analyst at Pella Cash […]
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EU strikes deal to ban the sale of new diesel and gasoline cars from 2035
An electric car being charged in Germany. The European Union is moving forward with plans to ramp up the number of EVs on its roads. Tomekbudujedomek | Moment | Getty Images The EU’s plans to phase out the sale of new diesel and gasoline cars and vans took a big step forward this week after […]
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BMW plans to invest $1.7 billion in U.S. to produce electric vehicles
BMW Group plans to invest $1.7 billion in its U.S. operations to build electric vehicles and batteries, the company announced Wednesday. The investment will include $1 billion to prepare for production of EVs at the automaker’s existing Spartanburg factory in South Carolina, and $700 million for a new high-voltage battery-assembly facility in nearby Woodruff. The […]
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New cars are still selling for over MSRP. Here’s how to avoid sticker shock
A couple browses a car’s sticker price. Don Mason | The Image Bank | Getty Images With demand for new cars still outpacing supply at many dealerships, buyers may be asking themselves if they need to pay over the average manufacturer’s suggested retail price, or the sticker price, to get the car that they want. […]
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Polestar unveils a new $84,000 electric SUV it can be hoping will enable cement its foothold in the U.S.
Polestar 3 Courtesy: Polestar Swedish EV maker Polestar on Wednesday unveiled a new electric SUV that it truly is counting on to grow its gross sales and existence in the United States. The new product, referred to as the Polestar 3, is a 5-passenger EV that the organization describes as a “general performance SUV.” It’s […]
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‘There’s tons to acquire in China,’ fund supervisor says and names these 2 EV shares
Buyers in China have had a complicated time lately. The Shanghai Composite Index has fallen by 17% this yr and is down about 10% more than the previous five many years. But just one fund manager thinks there are pockets of price in sure “main sectors” even though monetary situations are limited. Edmund Harriss, head […]
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