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The Latest Breaking News from North America

VW Invests $7.1B Into North America, Targets 55 Percent EV Sales By 2030

The money will fund product range expansion, improved research and development, and building new models in North America.

Motor1

China crash rare disaster for state-run airlines

China is, along with North America and Europe, one of the world’s top three air travel markets and has dramatically improved safety since suffering a string of deadly crashes in the 1990s and 2000s

The Independent UK

Electric bikes are booming (again)

The Pedego Electric Bike store in St. Louis normally closes for the month of February because there are not enough sales to justify keeping it open through the winter. This year, with an unusually large number of phone calls coming through, it re-opened early. February wound up being a “bonanza…

Tribune News Service

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Exeter to North America air link set to boost South West overseas trade

Aer Lingus to launch service with flights from Exeter to New York, Boston, Chicago, Washington and Toronto, via Dublin hub

Birmingham Post

Report: CATL Might Build An 80 GWh Battery Plant In North America

Another very large EV-related investment emerged on the horizon in North America, as CATL reportedly seeks a site for a battery gigafactory.

InsideEVs

UBS Downgrades Cummins, Cuts Price Target by 18%

UBS downgraded Cummins Inc (NYSE:CMI) to Neutral from Buy and reduced the price target to $214 (an upside of 5%) from $260. Analyst Steven Fisher mentions that the North America truck cycle will peak in 2023, with North America trucker profitability expected to peak in 2022 and new emissions regulations in 2024 pushing a pre-buy.…

Benzinga

Stellantis, LG Energy Solution Eye New EV Battery Plant In Ontario: Bloomberg

Stellantis NV (NYSE:STLA) and LG Energy Solution Ltd look to build their new battery plant in Ontario, Canada, Bloomberg reports. The Canadian government’s incentives for clean-energy businesses served as a key driver in attracting the companies to the country. Also Read: Stellantis CEO Looks To Catch Up With Tesla In Coming Years, Russia-Ukraine Crisis Could Dampen…

Benzinga

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A classic high-speed heist

The first thing that comes to mind when talking about Michael Bay movies are the explosions, gunfire and scenes of cars flipping or helicopters falling from the sky in slow-motion. The man is like a filmmaker on steroids when it comes to big production. No matter how big or small…

Bangkok Post

Alex Legends Mobile pre-registration is open in North America

The worldwide launch is coming later this year.

USA Today Sports Media Group

Hut 8 Mining Clocks Revenue Growth Of 346% In Q4

Digital asset miner Hut 8 Mining Corp (NASDAQ:HUT) reported fourth-quarter FY21 revenue growth of 346% year-on-year to C$57.9 million. EPS loss was C$(0.67). Hut 8 currently has an installed hash rate of 2.0 EH/s, including the converted hash rate from its fleet of NVIDIA GPUs. As of December 31, Hut 8 had a total…

Benzinga

PlantFuel Partners with Muscle Foods USA for Nationwide Specialized Retail Distribution

Plant-based wellness brand PlantFuel partners with distributor Muscle Foods USA reaching more than 6,000 stores across North America

Benzinga

Signet Jewelers Stock Surges On Solid Q4 Results, Robust Q1, FY23 Outlook

Signet Jewelers Ltd (NYSE:SIG) reported fourth-quarter FY22 sales growth of 28% year-on-year, to $2.81 billion, beating the consensus of $2.77 billion. Same-store sales grew 23.8% versus last year. Brick and mortar sales increased 34.6% to $2.3 billion, and eCommerce sales rose 8.7% to $556 million. North America segment raked in the major chunk…

Benzinga

Li-Cycle Clocks 277% Revenue Growth In Q1

Li-Cycle Holdings Corp (NYSE:LICY) reported first-quarter FY22 sales of $3.84 million, an 277% year-over-year increase from $1.02 million. Revenue growth was driven by increases in product sales and metal-based prices. Loss from operations expanded to $(18.73) million versus $(6.2) million a year ago. Adjusted EBITDA loss for the quarter was $(16.9) million, compared…

Benzinga

Volkswagen To Shift More Production To China, North America As Russia-Ukraine War Roils Europe Supply Chain

Volkswagen Group (OTC: VWAGY) CEO Herbert Diess said on Tuesday that the German automaker is shifting more production out of Europe to China, North America and Latin America to cope with supply chain issues stemming from Russia’s invasion of Uk

Benzinga

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Asharq Al-Awsat

Cruise Saudi Appoints Lars Clasen as Chief Executive Officer

Cruise Saudi - a 100% Public Investment Fund-owned business - is pleased to announce the appointment of Lars Clasen as the company’s Chief Executive Officer. He is a global industry expert with 30+ years of experience in the shipping and cruise industries across Asia, Europe and North America. Fawaz Farooqui,…

Benzinga

Vicinity Motor Expands US Distribution Partnership With ABC Companies

Vicinity Motor Corp (NASDAQ:VEV) said it is expanding its strategic U.S. distribution agreement with ABC Companies (ABC), a provider of motorcoach and transit equipment in North America. The ABC distributorship will enable Vicinity's focus on U.S. expansion to market the Vicinity heavy duty mid-size bus, the Vicinity Lightning EV, and the VMC Optimal…

The Japan News/Yomiuri

Next-generation nuclear plants to be built around the world

Next-generation nuclear plants with enhanced safety features are scheduled to be built one after another in North America, Europe and Asia. These projects have been prompted by a reevaluation of nuclear plants, which do not emit greenhouse gases, amid the global trend of decarbonization.

Reuters

Korean Air says to reroute flights that used Russian airspace

Korean Air Lines said on Tuesday it will reroute its flights to Europe and eastern North America that used Russian airspace, citing operational challenges and safety concerns.

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The Independent UK

Sex pheromone traps could stop spread of ‘murder hornets’, say researchers

Insect species has been spreading across parts of North America

The Conversation

Can we raise livestock sustainably? A win-win solution for climate change, deforestation and biodiversity loss

We know that eating burgers and steaks can have a negative impact on the environment. Our food system accounts for a quarter of all greenhouse gas emissions, with livestock responsible for at least two-thirds of agricultural emissions in North America, Asia, Europe and Oceania.

ABC News

Hopes Australian-first mental health literacy course can help kids nationwide

A mental health literacy course adapted from the US is being taught and evaluated in Australian schools for the first time. If the results are good, researchers hope it will quickly go national as it has in North America.

Insider UK

Scottish fish and shellfish producers head to the US to boost exports

It is the first time that Seafood Expo North America has been able to take place since 2019

Benzinga

Stellantis CEO Looks To Catch Up With Tesla In Coming Years

Stellantis NV (NYSE:STLA) CEO Carlos Tavares sees his company catching up with EV pioneer Tesla Inc (NASDAQ:TSLA) in the coming years, Reuters reports from Mobility TV World session. He sees the competition benefitting the consumers. Also Read: Stellantis CEO Says Company Being 'Forced' To Make Electric Vehicles, Stellantis, Samsung SDI Collaborate To Produce EV Battery For North…

The Independent UK

AP Week in Pictures: North America

MARCH 4-10, 2022

USA Today Sports Media Group

Final Fantasy 14 is experiencing server issues due to DDOS attacks

The MMORPG's North American servers are currently under siege.

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