GM and other automakers are adjusting their business models to be less dependent on vehicle sales, but veering into other transportation services isn't guaranteed to succeed. GM has to make its services valuable enough that consumers are willing to add to their monthly payments for them, said Sam Abuelsamid, principal research analyst at Guidehouse Insights.
A company directly connected to a member of Gov. Kristi Noem's cabinet received nearly $600,000 in coronavirus relief grants from the state, while additional companies registered to the cabinet member's business associates received at least $3 million. Steve Westra is the commissioner of the Governor's Office of Economic Development.
Family members of South Dakota's Republican Gov. Kristi Noem more than $600,000 from a state relief fund that was boosted by the governor herself to support small businesses struggling under the weight of the pandemic. According to the Associated Press, a ranch owned by Noem's family benefited from a single relief payment of $500,000.
A ranch belonging to Noem's family, Racota Valley Ranch Partnership, received one payment of $500,000, and a business operated by her brothers, Rock and Robb Arnold, received payments of just over $100,000, according to records on the grant program.
General Motors is eyeing a site in Spring Hill, Tennessee, to build a new multibillion dollar battery factory with its partner LG Energy Solutions, the battery-making operation at LG Chem. GM confirms it is looking at building a second battery factory beyond the one it is presently building in Northwest Ohio near its former Lordstown Assembly plant, which GM closed in 2019 and later sold to electric-truck maker Lordstown Motors.
Building on strong demand for its services, EY had over the last few months added nearly 40 professionals to its Life Sciences practice in the UK and Ireland. The intake of new hires includes a senior team carved-out from rival Guidehouse.
The US startup Turntide is turning heads today with big plans for launching its energy efficient electric motor into the ranks of climate-fighting action heroes. It is not the kind of electric motor that goes into an eye-popping new electric vehicle, but it is something even better: an energy saving upgrade that can shave the global warming edge off your dirty old building.
Sasha Wedekind, a research analyst of building efficiency and decarbonisation at Guidehouse Insights, explores some of the key trends within the global energy-as-a-service market. Commercial, institutional, and industrial customers increasingly look to outsource energy management functions due to the growing complexity of available energy technologies. Resilience, sustainability, and decarbonisation mandates also encourage outsourcing.
While other automakers are reducing the amount of plug-in hybrid electric vehicles, Toyota has plans to add a third PHEV to their U.S. lineup. According to the U.S. Department of Energy's Alternative Fuels Data Center, in 2020, automakers offered 47 PHEVs, that number is down to 35 for the 2021 model year.
Fitch Ratings - Austin - 01 Mar 2021: Fitch Ratings has downgraded Tower Health System, PA's (Tower) Long-Term Issuer Default Rating (IDR) to 'B+' from 'BB+'.
While they might make sense scientifically or as part of a bigger strategy, PHEVs do have their drawbacks.No matter which energy source it's using at any given moment to propel itself, a plug-in hybrid is essentially hauling the other portion around as dead weight, explains Sam Abuelsamid, principal analyst leading e-mobility research with Guidehouse Insights.
WhiteHawk Limited ( ASX:WHK) has released its preliminary final report for the year ended 31 December 2020, outlining the company's impressive financial results, growth achievements and its opportunities for 2021. WhiteHawk is the first online Cybersecurity Exchange, based on a platform architecture that is Artificial Intelligence (AI)-driven, with a focus on identifying, prioritising, and mitigating cyber risks for businesses of all sizes.
If you just look at the disparity in pricing between the winner of a $350 million Transportation Security Administration contract and the losers, there is little doubt as to why they filed their protests. Both losing bids by Guidehouse and Deloitte Consulting were magnitudes lower than the winning bid by Grant Thornton.
Breakwater Solutions - an Austin, TX-based risk and data technology and consulting firm - has raised an undisclosed amount of funding from private equity firm JLL Partners. Breakwater launched last year, and the core of its services center on a software suite from IBM that helps governance and legal professionals manage and analyze massive volumes of data.
By: Ian Trim and Jan-Martin Rhiemeier Organizations Face Increasing Pressure to Reduce Emissions Consumers, employees, and investors are calling for companies to introduce emissions targets commensurate with avoiding dangerous climate change and increasing transparency around their environmental impact-not only from their operations, but across their wider value chains.
DETROIT - When you buy a new car, there are usually a lot of fees you have to pay. Included in that fee is a destination fee, which is the charge for delivering the car from the factory to the dealership. Those fees are skyrocketing. Some people have reported the fees reaching close to $2,000.
The AutoGrid Flex integrated flexibility management suite enables the system to provide stability to the French power grid in real time (less than 500 milliseconds) and supports Total's participation in Europe's Frequency Containment Reserves (FCR) market. AutoGrid Flex controls the project's end-to-end market reserve purchasing from Reseau Transport Electricité (RTE), the electricity transmission system operator of France.
DETROIT - A shortage of computer chips is causing problems for the auto industry. General Motors has warned that it is likely to lose around $2 billion this year as a result. Ford had to slow down the F-150 production for a week. The shortage is now spreading across to other industries.
Tower Health in West Reading, Pa., has chosen P. Sue Perrotty, a member of its board of directors, as interim president and CEO to replace Clint Matthews, who is retiring. Ms. Perrotty, a retired bank executive and community leader, has been a Tower Health board member since July 2019.
As chief financial officer, Debbie Ricci is laser focused on overseeing the financial strategy and financial operations of the business. October 2020 marked Guidehouse's first year as a combined commercial and public consultancy platform.