build Archive

  • Electric car maker Tesla Inc. said on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year. China levies a 25 percent duty on sales of imported vehicles and has not allowed foreign automakers to establish wholly owned factories in the country, the world's largest auto market. Those are problems for Tesla, which wants to expand its presence in China's growing electric vehicle market without compromising its independence or intellectual property. China's government has considered allowing foreign automakers to set up wholly owned factories in free trade zones in part to encourage more production of electric and hybrid vehicles -- which the government calls "new energy vehicles" -- to meet ambitious sales quotas. Tesla would still have to pay a 25 percent duty on cars built in a free trade zone, but it could lower its production costs. “Tesla is working with the Shanghai Munic..

    Tesla moves closer to deal to build cars in China

    Electric car maker Tesla Inc. said on Sunday it is talking with the Shanghai municipal government to set up a factory in the region and expects to agree on a plan by the end of the year. China levies a 25 percent duty on sales of imported vehicles and has not allowed foreign automakers to establish wholly owned factories in the country, the world's largest auto market. Those are problems for Tesla, which wants to expand its presence in China's growing electric vehicle market without compromising its independence or intellectual property. China's government has considered allowing foreign automakers to set up wholly owned factories in free trade zones in part to encourage more production of electric and hybrid vehicles -- which the government calls "new energy vehicles" -- to meet ambitious sales quotas. Tesla would still have to pay a 25 percent duty on cars built in a free trade zone, but it could lower its production costs. “Tesla is working with the Shanghai Munic..
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  • U.S. Dollar Climbs As Inflation Expectations Build Up The U.S. dollar strengthened against its major counterparts in the Asian session on Wednesday, as expectations for higher inflation and rates improved amid the buzz that U.S. President Donald Trump is leaning toward nominating Stanford University economist John Taylor to head the Federal Reserve. Taylor is perceived as more hawkish than current chair Janet Yellen. Investors lifted bets for a rate hike in December after reports that Taylor is under consideration for the replacement of Yellen. The greenback also received support after U.S. import price data in September, which was the highest in more than a year. The Labor Department said on Tuesday that import prices jumped 0.7 percent last month, the biggest gain since June 2016, after rising by 0.6 percent in August. Better-than-expected data on U.S. industrial production for September and homebuilder confidence for October also pointed to a strengthening economy. The ..

    U.S. Dollar Climbs As Inflation Expectations Build Up

    U.S. Dollar Climbs As Inflation Expectations Build Up The U.S. dollar strengthened against its major counterparts in the Asian session on Wednesday, as expectations for higher inflation and rates improved amid the buzz that U.S. President Donald Trump is leaning toward nominating Stanford University economist John Taylor to head the Federal Reserve. Taylor is perceived as more hawkish than current chair Janet Yellen. Investors lifted bets for a rate hike in December after reports that Taylor is under consideration for the replacement of Yellen. The greenback also received support after U.S. import price data in September, which was the highest in more than a year. The Labor Department said on Tuesday that import prices jumped 0.7 percent last month, the biggest gain since June 2016, after rising by 0.6 percent in August. Better-than-expected data on U.S. industrial production for September and homebuilder confidence for October also pointed to a strengthening economy. The ..
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  • COPEL: Company And Shell Sign Agreement To Build Gas Pipelines The Brazilian power generation company Copel, the Paran? state government and the British-Dutch Shell signed a protocol of intent to create a plan to expand the natural gas supply in the state, which provides for the construction of an infrastructure for pipelines. The plan foresees the construction of 300 kilometers of new gas pipelines in Paran? state, and three new thermoelectric plants, being UTE Litoral, UEGA 2 and UTE Sul. These new plants will have a 1500 megawatts (MW) capacity, enough to supply 1.1 million households. From now on, Copel and Shell will discuss the terms of the partnership agreement, in which Compagas will also take part.

    COPEL: Company And Shell Sign Agreement To Build Gas Pipelines

    COPEL: Company And Shell Sign Agreement To Build Gas Pipelines The Brazilian power generation company Copel, the Paran? state government and the British-Dutch Shell signed a protocol of intent to create a plan to expand the natural gas supply in the state, which provides for the construction of an infrastructure for pipelines. The plan foresees the construction of 300 kilometers of new gas pipelines in Paran? state, and three new thermoelectric plants, being UTE Litoral, UEGA 2 and UTE Sul. These new plants will have a 1500 megawatts (MW) capacity, enough to supply 1.1 million households. From now on, Copel and Shell will discuss the terms of the partnership agreement, in which Compagas will also take part.
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  • What's behind Tesla's manufacturing woes? It could be something as simple as steel.Based on details in a Wall Street Journal report and in a video of the production line posted on Twitter by Tesla CEO Elon Musk, experts say the electric vehicle maker appears to be struggling with welding together a mostly steel vehicle, as opposed to the primarily aluminum bodies of the Model S and Model X. The company fell short of its third-quarter production target for the Model 3 — the lower-cost vehicle intended to mark Tesla's entry into the mass market. With an influx of competitive EVs on the horizon, Tesla must iron out its manufacturing problems in the next few months or risk losing its competitive edge before the Model 3 reaches a larger audience."Before, there was only Tesla. Now, there's going to be dozens of alternatives," said Ron Harbour, a manufacturing consultant at Oliver Wyman. "They're going to have to get really efficient at manufacturing. They have to..

    Why is Tesla struggling to build the Model 3?

    What's behind Tesla's manufacturing woes? It could be something as simple as steel.Based on details in a Wall Street Journal report and in a video of the production line posted on Twitter by Tesla CEO Elon Musk, experts say the electric vehicle maker appears to be struggling with welding together a mostly steel vehicle, as opposed to the primarily aluminum bodies of the Model S and Model X. The company fell short of its third-quarter production target for the Model 3 — the lower-cost vehicle intended to mark Tesla's entry into the mass market. With an influx of competitive EVs on the horizon, Tesla must iron out its manufacturing problems in the next few months or risk losing its competitive edge before the Model 3 reaches a larger audience."Before, there was only Tesla. Now, there's going to be dozens of alternatives," said Ron Harbour, a manufacturing consultant at Oliver Wyman. "They're going to have to get really efficient at manufacturing. They have to..
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  • BUENOS AIRES -- General Motors and its suppliers will invest $500 million in Argentina operations through 2019 to prepare to produce a new Chevrolet model in 2020, the company said in a statement on Thursday. The company will invest $300 million while its supplier network will invest $200 million at the Alvear plant in Argentina's Santa Fe province. The company invested $740 million in the plant between 2014 and 2016. The investment comes as automobile production in Latin America's No. 3 economy begins to rebound, following a sharp decline amid recessions last year in Argentina and neighboring Brazil, a major export destination. Attracting investment from major multinational companies such as GM is a priority of market-friendly President Mauricio Macri. But investments have been slow to arrive since he took office in December 2015, in part due to a tax code and labor regulations that businesses say are in need of reform. In March, the government reached a deal with labor ..

    GM, suppliers to invest $500M in Argentina to build Chevy model

    BUENOS AIRES -- General Motors and its suppliers will invest $500 million in Argentina operations through 2019 to prepare to produce a new Chevrolet model in 2020, the company said in a statement on Thursday. The company will invest $300 million while its supplier network will invest $200 million at the Alvear plant in Argentina's Santa Fe province. The company invested $740 million in the plant between 2014 and 2016. The investment comes as automobile production in Latin America's No. 3 economy begins to rebound, following a sharp decline amid recessions last year in Argentina and neighboring Brazil, a major export destination. Attracting investment from major multinational companies such as GM is a priority of market-friendly President Mauricio Macri. But investments have been slow to arrive since he took office in December 2015, in part due to a tax code and labor regulations that businesses say are in need of reform. In March, the government reached a deal with labor ..
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  • It previously looked like Volkswagen would leave the development of electric commercial trucks to other companies, but the German behemoth apparently has other plans.VW will launch electric trucks and buses by 2022, Andreas Renschler, head of the company's commercial vehicle division, said in an interview with Reuters. Volkswagen plans to spend 1.4 billion euros ($1.7 billion) to fund their development, as well as on other new technologies. Yet Renschler also said a spin-off of the company's commercial-vehicle operations remained an option.In an interview last month, Renschler indicated that Volkswagen would take a wait-and-see approach to electric trucks, letting companies like Daimler and Tesla release trucks first, before launching its own.But VW will now move ahead with development of electric trucks and buses. At a company event in Hamburg, Germany, it announced plans for a an all-electric delivery vehicle, as well as a basic architecture for electric buses that will ..

    Volkswagen Will Build Electric Trucks, Buses by 2022

    It previously looked like Volkswagen would leave the development of electric commercial trucks to other companies, but the German behemoth apparently has other plans.VW will launch electric trucks and buses by 2022, Andreas Renschler, head of the company's commercial vehicle division, said in an interview with Reuters. Volkswagen plans to spend 1.4 billion euros ($1.7 billion) to fund their development, as well as on other new technologies. Yet Renschler also said a spin-off of the company's commercial-vehicle operations remained an option.In an interview last month, Renschler indicated that Volkswagen would take a wait-and-see approach to electric trucks, letting companies like Daimler and Tesla release trucks first, before launching its own.But VW will now move ahead with development of electric trucks and buses. At a company event in Hamburg, Germany, it announced plans for a an all-electric delivery vehicle, as well as a basic architecture for electric buses that will ..
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  • This is the private survey result, ahead of official oil stock data (U.S. Department of Energy's Energy Information Administration's (EIA) Crude Oil Inventories).

    OIL – private survey data shows surprise build in US crude inventory

    This is the private survey result, ahead of official oil stock data (U.S. Department of Energy's Energy Information Administration's (EIA) Crude Oil Inventories).
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  • Do you want to build an Amazon affiliate store using WordPress? An Amazon affiliate store allows you to sell products from Amazon.com as an affiliate and earn a commission. In this article, we will show you how to easily build an Amazon affiliate store using WordPress. Getting Started With Amazon Affiliate Store and WordPress Amazon is the largest online store in the world. They also have an affiliate program which pays you a commission on every purchase made by a customer you referred. You can recommend Amazon products on your existing website or create a new Amazon affiliate store to make money online. WordPress with WooCommerce makes an excellent ecommerce platform to build your Amazon affiliate store. WooCommerce already powers millions of ecommerce websites all over the world. To get started, you will need to be using WordPress.org platform (See WordPress.com vs WordPress.org). You will also need a WordPress hosting account, a domain name, and an SSL certificate if you w..

    How to Build an Amazon Affiliate Store Using WordPress

    Do you want to build an Amazon affiliate store using WordPress? An Amazon affiliate store allows you to sell products from Amazon.com as an affiliate and earn a commission. In this article, we will show you how to easily build an Amazon affiliate store using WordPress. Getting Started With Amazon Affiliate Store and WordPress Amazon is the largest online store in the world. They also have an affiliate program which pays you a commission on every purchase made by a customer you referred. You can recommend Amazon products on your existing website or create a new Amazon affiliate store to make money online. WordPress with WooCommerce makes an excellent ecommerce platform to build your Amazon affiliate store. WooCommerce already powers millions of ecommerce websites all over the world. To get started, you will need to be using WordPress.org platform (See WordPress.com vs WordPress.org). You will also need a WordPress hosting account, a domain name, and an SSL certificate if you w..
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  • Ford Motor Co. has begun to develop new transportation service applications using a software platform developed by Autonomic Inc., a small Silicon Valley startup. One of the first such businesses is a "microtransit" service called Non-Emergency Medical Transport, launched this summer by Ford and Michigan-based Beaumont Hospital. Patients can schedule pickups and appointments from a mobile app that was built on the Autonomic software platform, said Sundeep Madra, Autonomic's CEO and co-founder. Vehicle manufacturers are exploring a wide array of digital services to supplement their existing businesses, including ride-hailing, car-sharing and delivery of food and goods. However, when it comes to developing consumer-facing smartphone apps and the data systems behind them, automakers have lagged Silicon Valley rivals. Ford in the past month has announced partnerships with Domino's and Lyft, using self-driving vehicles developed by Ford and its Argo affiliate. The automaker is ..

    Ford taps Silicon Valley startup to build transportation software

    Ford Motor Co. has begun to develop new transportation service applications using a software platform developed by Autonomic Inc., a small Silicon Valley startup. One of the first such businesses is a "microtransit" service called Non-Emergency Medical Transport, launched this summer by Ford and Michigan-based Beaumont Hospital. Patients can schedule pickups and appointments from a mobile app that was built on the Autonomic software platform, said Sundeep Madra, Autonomic's CEO and co-founder. Vehicle manufacturers are exploring a wide array of digital services to supplement their existing businesses, including ride-hailing, car-sharing and delivery of food and goods. However, when it comes to developing consumer-facing smartphone apps and the data systems behind them, automakers have lagged Silicon Valley rivals. Ford in the past month has announced partnerships with Domino's and Lyft, using self-driving vehicles developed by Ford and its Argo affiliate. The automaker is ..
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  • Related Stories Waymo launches U.S. ad campaign to promote driverless car safety Intel Corp. is airing its first commercial for a digital ad campaign for autonomous cars, featuring Cleveland Cavaliers star LeBron James. The upcoming campaign, "Driving Trust," is meant to lessen apprehension of autonomous cars and instill trust in consumers. The commercial will lead up to the NBA's Cleveland Cavaliers vs. Boston Celtics opener set for Oct. 17. "The campaign is part of a multi-pronged trust initiative, which includes research and development to build better human-machine interfaces, extensive garage lab testing and studies that explore people's feelings and attitudes towards self-driving cars," the company said in a statement.The commercial opens with James striding down a dimly lit corridor, as a narrator says, "Some people are fearless." Later on outside, a self-driving sedan arrives for James, but h..

    Intel, LeBron James team up to build trust in autonomous cars

    Related Stories Waymo launches U.S. ad campaign to promote driverless car safety Intel Corp. is airing its first commercial for a digital ad campaign for autonomous cars, featuring Cleveland Cavaliers star LeBron James. The upcoming campaign, "Driving Trust," is meant to lessen apprehension of autonomous cars and instill trust in consumers. The commercial will lead up to the NBA's Cleveland Cavaliers vs. Boston Celtics opener set for Oct. 17. "The campaign is part of a multi-pronged trust initiative, which includes research and development to build better human-machine interfaces, extensive garage lab testing and studies that explore people's feelings and attitudes towards self-driving cars," the company said in a statement.The commercial opens with James striding down a dimly lit corridor, as a narrator says, "Some people are fearless." Later on outside, a self-driving sedan arrives for James, but h..
    Read More