Cars

Cars

Ford has officially entered the stationary energy storage industry. Ford Energy is a wholly owned subsidiary of Ford Motor Company. The new entity will build modular battery containers in Kentucky using prismatic LFP cells. The company's first product, the DC block, will compete directly with Tesla's Megapack. It's an industry where sales are booming, whereas the American EV market has cooled significantly after the cancellation of the $7,500 federal tax credit last September, so Ford is taking advantage of its enormous manufacturing footprint to capitalize on the opportunity.

Roughly one in four Americans are paying off auto debt, according to a report published Wednesday by the Century Foundation, a progressive think tank, and are overall on the hook for a record $1.68 trillion in car loans or outstanding payments. Those figures out auto loans on par with all outstanding federal student loan debt($1.69 trillion of federal debt and $1.84 trillion total) and ahead of credit card balances ($1.28 trillion outstanding as of last year).

“AI is already embedded across multiple layers of Magna's supply chain and manufacturing operations,” Sharath Reddy, the company's SVP of R&D, told Business Insider. “We don't view it as a stand-alone technology.” Magna's AI investments focus on five areas: product quality, equipment maintenance, factory safety, energy reduction, and output speed.

Unlike many fictional gadgets seen in Bond movies, the SC3 was not a movie prop designed solely for visual appeal. It was engineered as a real-world concept capable of operating both on the water's surface and beneath it. The project reportedly attracted interest from the UK Special Boat Service and even DARPA because of its unconventional capabilities and military-style versatility before eventually making its way into the Bond universe.

I probably met Henry 30 years ago, said longtime customer Dennis Yniguez, who helped organize the party along with his wife, Anne. There was something about Henry, his integrity, his straightforward response to any question was extraordinary. The integrity, the reliability, the trust, added Anne Yniguez. If he needed to give you bad news, he gave you the bad news.

The hydrogen fuel cell vehicle has been declared dead so many times that the obituary writers have a template saved. Battery EVs won, the infrastructure never materialized, and Toyota's Mirai became the punchline for a technology that arrived a decade too early and never quite recovered.

The Tesla Model 3, after 380,000 miles, shows a significant range reduction of 34.2%, yet it still manages to cover 138.3 miles on the highway at 68 mph.