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US chip production subsidies in doubt despite bipartisan support thumbnail
Technology
US chip production subsidies in doubt despite bipartisan support

Almost exactly a year ago, the Senate approved $52B in funding to boost US chip production, and the House likewise gave its support in February of this year. Apple also lobbied for the deal. Despite this, the subsidy now appears to be in doubt. Democrats and Republicans are reported to be bogged down in arguments…

VW increases production at main EV plant as parts shortages ease thumbnail
General
VW increases production at main EV plant as parts shortages ease

BERLIN — Volkswagen Group resumed a three-shift operation at its EV factory in Zwickau, Germany, starting Monday, June 13. Output at the plant, which builds full-electric cars for the VW, Audi and Cupra brands, is expected to increase to up to 1,300 vehicles a day, Automotive News sister publication Automobilwoche reported. After Russia’s invasion of…

GM to launch production of Chevrolet Tracker SUV in Argentina in July thumbnail
Business
GM to launch production of Chevrolet Tracker SUV in Argentina in July

Please try another search Economy 1 hour ago (Jun 09, 2022 12:50AM ET) © Reuters. FILE PHOTO: The logo of Chevrolet is pictured at the New York International Auto Show, in Manhattan, New York City, U.S., April 13, 2022. REUTERS/Andrew Kelly/File Photo (Reuters) – General Motors Co (NYSE:) will begin production of its Chevrolet Tracker…

Production Mercedes-AMG One Is Finally Ready With 1,049-HP F1 Engine thumbnail
Technology
Production Mercedes-AMG One Is Finally Ready With 1,049-HP F1 Engine

Five years after the prototype was first unveiled and three years after it was initially supposed to go into production, the long-delayed Mercedes-AMG One hypercar is finally ready for primetime. It’s no secret that Mercedes struggled through the car’s development — it’s obviously hard to get a Formula 1 powertrain to work in a road…

Canoo production starts could slip, but CEO remains confident in funding thumbnail
General
Canoo production starts could slip, but CEO remains confident in funding

DETROIT : Start of production by electric vehicle maker Canoo Inc at its Arkansas and Oklahoma assembly plants could slip due to supply-chain pressures, but its chief executive remains bullish on the company’s ability to raise money.The global chip shortage and higher material costs could, in a worst-case scenario, delay start of vehicle production at…

Mammoet to begin production of long lead time ring crane components in third quarter of 2022 thumbnail
Business
Mammoet to begin production of long lead time ring crane components in third quarter of 2022

The SK6,000 ring crane has been scheduled to begin production of its long lead time components starting in the third quarter of 2022. It will allow offshore wind projects to take place under entirely electric power – even where there is no connection available to the grid. As developers look to supply more cost-effective energy…

TSMC says 2nm chips will enter production in 2025 thumbnail
Technology
TSMC says 2nm chips will enter production in 2025

In brief: In its first quarter earnings call, TSMC reported that it was plowing ahead with the development of next generation process nodes. The semiconductor giant plans to put its first 3nm processes into production later this year and have 2nm ready to go by the end of 2025. Bruce Lee, an analyst for Goldman…

Elon Musk says production of Tesla's robot could start next year, but A.I. experts have their doubts thumbnail
General
Elon Musk says production of Tesla’s robot could start next year, but A.I. experts have their doubts

The Tesla Bot is on display at the Tesla Giga Texas manufacturing facility during the “Cyber Rodeo” grand opening party on April 7, 2022 in Austin, Texas.Suzanne Cordeiro | AFP | Getty ImagesTesla may start production of a humanoid robot known as Optimus as early as next year, CEO Elon Musk said Thursday.The electric vehicle…

Elon Musk Confirms 2023 Production Date For Tesla Cybertruck, Roadster and Semi thumbnail
Sports
Elon Musk Confirms 2023 Production Date For Tesla Cybertruck, Roadster and Semi

We may finally be seeing some of Tesla’s highly anticipated EVs hit the road It feels like an eternity since the Tesla CyberTruck, Roadster and Semi were first announced. However, the wait to see them out on the roads may finally be coming to an end. At Tesla’s ‘Cyber Rodeo’ event, Elon Musk announced that…

New Gold CEO sees smoother production profile in Ontario thumbnail
Business
New Gold CEO sees smoother production profile in Ontario

New Gold Inc. (NGD-TSX, NYSE American) has released a technical report containing an update on the open pit and expanded underground mine plans for its Rainy River gold mine in Ontario. The company said the life of mine has been extended to 2031 with the conversion of an additional 569,000 gold ounces in the underground…