Honda has announced that it will raise the pay of some US workers by 11% after UAW’s historic strike wins, where it earned 25%+ pay increases at all of the Big Three American automakers. After Toyota did the same last week, this shows how union wins tend to affect entire industries, raising conditions for even […]
Boston-based medical technology company Elucid, which offers AI-enabled imaging analysis software for cardiovascular disease, announced that it has scored $80 million in Series C funding, bringing its total raise to $121 million. Elevage Medical Technologies led the funding, with additional contributions from other investors. The company will use the funds to expand the commercialization of […]
EV maker Canoo unveiled its latest model, the “American Bulldog” electric pickup truck on Friday. Canoo says its new electric truck is “woven into the American spirit” with grit and innovation. After settling a multiyear SEC investigation earlier this year, Canoo is ready to put the past behind it. The struggling EV startup delivered vehicles […]
Volvo Group has won an auction for Proterra’s battery business with a bid of $210 million – here’s what that means for the EV industry. Volvo Group buys Proterra Powered By acquiring the Proterra Powered business unit, Gothenburg, Sweden-HQ’ed Volvo Group is expected to gain a development center for battery modules and packs in California and an […]
In a big hopeful move to catch up to Tesla and Chinese manufacturers, French automaker Renault has officially separated its newly formed EV unit Ampere from the rest of the business. The company has announced its executive team, launched a new logo, and set up some highly ambitious goals as it readies its IPO – […]
Every weekday the CNBC Investing Club with Jim Cramer holds a Morning Meeting livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. equities climbed higher Friday, with the S & P 500 up 0.47% and the Nasdaq Composite up 0.74%. Both indices are on track to deliver gains for the […]
Less than a week after NIO USA’s CEO shared intentions for the Chinese automaker to enter North America by mid-decade, he has spoke again saying the company is still actually “debating” market entry. NIO EVs coming to the US still feels imminent, but the executive relayed that the automaker will need plenty of help to […]
SAIC-GM, the company’s joint venture in China, announced a partnership with Tesla to gain access to its EV charging network. GM’s joint venture becomes the first domestic company to collaborate with Tesla in the region. Starting at the end of this year, Cadillac and Buick EV owners in China will gain access to Tesla’s charging […]
Nottingham and Nottinghamshire integrated care system has published its insight report with the aim of providing the integrated care partnership with a summary of activities and findings from work across the ICS, with key findings highlighting the role of digital in delivering access, data in promoting capacity planning, and new technology in improving prevention, support, and […]
Aston University and The Royal Orthopaedic Hospital have been awarded a joint research fellowship to develop a working 3D model of the spinal cord, to improve understanding of the management of compressive spinal cord pathology. The fellowship is funded by Orthopaedic Research UK (ORUK), the British Association of Spine Surgeons (BASS) and the British Scoliosis […]
