Tag: electric

Mullen Technologies to Begin Construction of Electric Vehicle Pilot Facility, Pre-Orders Accepted Starting Oct. 1 for its MX-05 Fully Electric SUV

Pilot facility, designed to assemble Mullen’s MX-05 fully electric SUV, is scheduled for completion by April 2021

Mullen’s fully electric SUV, the MX-05.

“Pre-orders for Mullen’s fully electric SUV MX-05 model, at a base starting price of $55,000, are available on Oct. 1, 2020, through www.mullenusa.com or at any Mullen retail location in the U.S.”
“Pre-orders for Mullen’s fully electric SUV MX-05 model, at a base starting price of $55,000, are available on Oct. 1, 2020, through www.mullenusa.com or at any Mullen retail location in the U.S.”
“Pre-orders for Mullen’s fully electric SUV MX-05 model, at a base starting price of $55,000, are available on Oct. 1, 2020, through www.mullenusa.com or at any Mullen retail location in the U.S.”

Mullen Technologies’ pilot manufacturing facility

“Mullen Technologies’ pilot facility will be used to assemble up to 1,000 MX-05 fully electric vehicles per year and subsequently for all other upcoming models such as the MX-07 and MX-03.”
“Mullen Technologies’ pilot facility will be used to assemble up to 1,000 MX-05 fully electric vehicles per year and subsequently for all other upcoming models such as the MX-07 and MX-03.”
“Mullen Technologies’ pilot facility will be used to assemble up to 1,000 MX-05 fully electric vehicles per year and subsequently for all other upcoming models such as
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Electric Actuators Market 2020 – 2024: Post-Pandemic Industry Planning Structure | Technavio

LONDON–(BUSINESS WIRE)–Sep 23, 2020–

The electric actuators market is expected to grow by USD 843.86 million during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on the electric actuators market in optimistic, probable, and pessimistic forecast scenarios.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200923005610/en/

Technavio has announced its latest market research report titled Global Electric Actuators Market 2020-2024 (Graphic: Business Wire).

The electric actuators market will witness Negative and Inferior impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to Increase as compared to 2019.

Enterprises will go through Respond, Recover and Renew phases.Download free report sample

As the COVID-19 pandemic continues to spread, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through

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Process Safety Systems Market: COVID-19 Business Continuity Plan | Evolving Opportunities with ABB Ltd. and Emerson Electric Co. | Technavio

LONDON–(BUSINESS WIRE)–Sep 22, 2020–

The global process safety systems market is expected to grow by USD 257.63 million as per Technavio. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of over 2%.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200922005407/en/

Technavio has announced its latest market research report titled Global Process Safety Systems Market 2020-2024 (Graphic: Business Wire)

For the Right Perspective & Competitive Insights-Request Free Sample Report on Pandemic Recovery Analysis

Read the 120-page report with TOC on “Process Safety Systems Market Analysis Report by Product (ESS, FG, BMS, and HIPPS), Geography (APAC, Europe, North America, MEA, and South America), End-user (Oil and gas, Chemical

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Process Safety Systems Market: COVID-19 Business Continuity Plan | Evolving Opportunities with ABB Ltd. and Emerson Electric Co. | Technavio | Business

LONDON–(BUSINESS WIRE)–Sep 22, 2020–

The global process safety systems market is expected to grow by USD 257.63 million as per Technavio. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of over 2%.

Technavio has announced its latest market research report titled Global Process Safety Systems Market 2020-2024 (Graphic: Business Wire)

Read the 120-page report with TOC on “Process Safety Systems Market Analysis Report by Product (ESS, FG, BMS, and HIPPS), Geography (APAC, Europe, North America, MEA, and South America), End-user (Oil and gas, Chemical and petrochemical, Power, and Others), and the Segment Forecasts, 2020-2024”. Gain competitive intelligence about market leaders. Track key industry opportunities, trends, and threats. Information on marketing,

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The Law Offices of Frank R. Cruz Announces the Filing of a Securities Class Action on Behalf of Portland General Electric Company (POR) Investors

LOS ANGELES, Sept. 22, 2020 /PRNewswire/ — The Law Offices of Frank R. Cruz announces that a class action lawsuit has been filed on behalf of persons and entities that purchased or otherwise acquired Portland General Electric Company (“PGE” or the “Company”) (NYSE: POR) securities between April 24, 2020 and August 24, 2020, inclusive (the “Class Period”). PGE investors have until November 2, 2020 to file a lead plaintiff motion.

If you are a shareholder who suffered a loss, click here to participate.

On August 24, 2020, after the market closed, PGE announced that it had incurred losses of $127 million as of August 24, 2020. PGE further stated that “personnel entered into a number of energy trades during 2020, with increasing volume accumulating late in the second quarter and into the third quarter, resulting in significant exposure to the Company.” In addition, the Company announced

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FirstEnergy Aerial and Light Duty Fleet Purchases Will Be 100% Electric or Hybrid Vehicles Starting in 2021

AKRON, Ohio, Sept. 22, 2020 /PRNewswire/ — FirstEnergy Corp. (NYSE: FE) announced today that 100% of new fleet purchases of aerial and light duty trucks will be electric or hybrid vehicles beginning in 2021. Transitioning its vehicle fleet to these cleaner-powered options is part of FirstEnergy’s larger efforts to reduce Greenhouse Gas (GHG) emissions companywide and support transportation electrification efforts in its six-state service area.

Through this commitment to steadily replace fossil fuel-based vehicles, including utility bucket trucks, small pickups, SUVs and other support vehicles, FirstEnergy expects to electrify 30% of its approximately 3,400 light duty and aerial fleet vehicles by 2030, representing 1,034 vehicles, with the goal of reaching 100% electrification by 2050. The 30% fleet replacement target has the potential to annually eliminate approximately 10,000 metric tons of GHG emissions while saving more than 3.8 million gallons of fuel from 2021-2030.

“This is an important step in

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Ex-WMU football player brings electric scooter business to Battle Creek

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Odell Miller is good at moving people.

His physical strength and determination earned the 2014 Gull Lake High School graduate an opportunity as a walk-on for the Western Michigan University football team, where he eventually became the Broncos’ starting tight end and earned the nickname “The Great Wall of Odell.”

Now, after a shot in the NFL, the Battle Creek native is trying to move people by way of his startup electric scooter rental company, Fly Rentals.

“Micro-mobility sharing is the future,” Miller said. “It’s good for the environment, good for the economy. It’s economically friendly. It’s a great way for students to get around campus… My goal is to grow bigger, but I want to grow slowly. I want to focus on mid-sized college campuses. I want to start in Kalamazoo and Battle Creek and slowly grow out.”

Odell Miller

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Industrial I/O Modules Market: COVID-19 Business Continuity Plan | Evolving Opportunities with ABB Ltd. and Emerson Electric Co.

The global industrial I/O modules market is expected to grow by USD 1.79 billion as per Technavio. This marks a significant market slow down compared to the 2019 growth estimates due to the impact of the COVID-19 pandemic in the first half of 2020. However, steady growth is expected to continue throughout the forecast period, and the market is expected to grow at a CAGR of about 5%.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200921005057/en/

Technavio has announced its latest market research report titled Global Industrial I/O Modules Market 2020-2024 (Graphic: Business Wire)

Request challenges and opportunities that influence COVID-19 pandemic – Request Free Sample Report on COVID-19 Impacts

Read the 120-page report with TOC on “Industrial I/O Modules Market Analysis Report by Product (PLC I/O, DCS I/O, and Industrial PC I/O), End-user (Process industries and Discrete industries), Geography (Europe, APAC, North America, MEA, and South

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Ford unveils electric F-150 factory plan, says business is ‘roaring back’

Ford is breaking ground today on the factory that will build its groundbreaking first electric F-150.

The event coincides with the start of production at the automaker’s historic Rouge Complex of the redesigned 2021 F-150, which begins deliveries this fall.

GM FACES UNEXPECTED BILLS AS INDIA-CHINA TENSIONS DELAY SALE OF INDIA PLANT

The Rouge Electric Vehicle Center will add 300 employees to the Dearborn, Mich., facility dedicated to manufacturing the battery-powered model.

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F FORD MOTOR COMPANY 7.02 -0.02 -0.28%

“We are proud to once again build and innovate for the future here at the Rouge with the debut of our all-new F-150 and the construction of a modern new manufacturing center to build the first-ever all-electric F-150,” executive chairman Bill Ford said in prepared remarks highlighting Ford’s investment

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The Electric Vehicle Business Goes Into Overdrive

InvestorPlace – Stock Market News, Stock Advice & Trading Tips

The markets slipped again Tuesday with technology stocks in the crosshairs as the NASDAQ dropped 4% and the S&P 500 and Dow slipped more than 2%.

Source: Christopher Lyzcen / Shutterstock.com

Tesla (NASDAQ:TSLA), in particular, can’t seem to catch a break right now. As you may recall, the stock surged in the wake of its stock split early last week, but then fizzled out after the company announced that it would raise another $5 billion in secondary stock offerings to fund its new manufacturing operations in Austin, Texas and Berlin, Germany.

Then, on Friday, the company was not added to the S&P 500. Instead, the index went with Etsy, Inc. (NASDAQ:ETSY), Catalent, Inc. (NYSE:CTLT) and Teradyne Inc. (NASDAQ:TER).

This came as a big surprise to Wall Street, as Tesla had reported four

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