electric

GM Makes Bold Promise to Create New Formula for Electric Car Batteries

GM Makes Bold Promise to Create New Formula for Electric Car Batteries

Mary Barra, General Motors Company (NYSE: GM) Co Chief Executive, has promised investors that the company will be selling profitable electric cars by 2021. There has been no major automaker that has done this before. GM plans to achieve this by comb..

FMC Corp hits 52-week high

FMC Corp hits 52-week high

FMC Corporation (NYSE: FMC) shares reached a 52-week high of $96.02 on December 26 before closing at $95.54. Shares have risen 8.6 percent in the last three months, compared to the industry’s 5.8 percent growth.According to Zacks, FMC Corp. ra..

GE to raise its stake in Arcam to 95%

GE to raise its stake in Arcam to 95%

General Electric Co. (NYSE: GE) announced on Wednesday it will buy shares of 3D printer maker, Arcam AB (STO: ARCM), from hedge funds Elliott Management and Polygon Investment Group.GE agreed to purchasing Elliot and Polygon’s outstanding Acra..

Demand for Porsche's Panamera Sedan Surges

Demand for Porsche's Panamera Sedan Surges

Porsche’s parent Volkswagen has been making a move to shift to cleaner vehicles that have made increasing demands for the Panamera hybrid sedan. However, challenges have been arising such as the struggle for battery suppliers to keep up with t..

PepsiCo Pre-Orders Tesla Semi Trucks

PepsiCo Pre-Orders Tesla Semi Trucks

PepsiCo, Inc. (NYSE: PEP) has been seeking ways to reduce fuel costs and fleet emissions by reserving 100 of Tesla Inc (NASDAQ: TSLA) new electric Semi trucks. For awhile now, Tesla has been trying to build an affordable electric big rig with c..

Emerson Electric withdraws $29 billion for Rockwell Automation

Emerson Electric withdraws $29 billion for Rockwell Automation

Emerson Electric Co. (NYSE: EMR) announced on Tuesday that it has withdrawn its bid for Rockwell Automation (NYSE: ROK) that was valued you at $29 billion. Emerson offered a proposal to Rockwell on November 16.Emerson offered $225 per share, co..

Tesla reveals Electric Semi price

Tesla reveals Electric Semi price

Tesla Inc. (NASDAQ: TSLA) unveiled two new additions to the production line last Friday: the Roadster and the Electric Semi. Elon Musk, Tesla CEO, disclosed the pricing only for the Roadster at the showcase, but not the electric semi. Tesla had..