Electric school bus maker Lion Electric has suspended manufacturing at its Joliet, Illinois facility after laying off nearly four hundred workers – more than half its global employees. The company hopes Canadian real estate developers Groupe Mach can save the day. The remaining 300-off Lion Electric employees are working to manage the company’s ongoing operations – including
0 Comments
The UK’s biggest water provider has received another bid, despite having declared itself “uninvestable”. The latest bid for Thames Water came from infrastructure investor Covalis Capital, which would bring in French utility Suez, the firm confirmed on Friday morning. If agreed, the supplier could be broken into smaller businesses, the Financial Times reported, and Suez
0 Comments
Sir Keir Starmer has said it is not his “plan” to increase any more taxes before the next election – but he cannot categorically rule them out if “unforeseen circumstances” strike the government. The prime minister told the BBC he did not “want to suggest we’re going to keep coming back for more because that
0 Comments
The Starlink logo is seen on a mobile device with an grahpic illustration of planet Earth in this illustration photo in Warsaw, Poland on 21 September, 2022. STR | Nurphoto | Getty Images SpaceX’s effort to put an additional 22,488 satellites into low-earth orbit is facing a formal objection from a Ukrainian-American nonprofit, which says
0 Comments
A 42-year-old man has died after being attacked by a dog in east London, police have said. Officers were called to Shirley Road in Stratford at 4.53am on Wednesday following reports a man had been seriously wounded. He was taken to hospital where he later died. Leanne McDonnell, 32, has been charged with owning a
0 Comments
Solid-state battery developer QuantumScape shared another critical milestone today: its “Cobra” separator production process has been developed, delivered, installed, and is ready for initial separator processing. The achievement was the last item on QuantumScape’s list of goals for 2024, putting it on track to produce a higher volume of samples of its flagship commercial solid-state
0 Comments