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Ford Halts Customer Orders for Maverick

Car manufacturers continue to struggle to meet demand as Ford Motors has halted customer orders for the Maverick that rolled out last year as the company is unable to meet the vehicles' current demand

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Boeing Bets on Flying Taxis

Boeing has invested $450 million into a company known as Wisk as part of their joint venture with Google co-founder Larry Page to develop pilotless flying taxis

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Lamborghini Greenwashed

Lamborghini has announced it is set to fully electrify its range, first with an all-plug-in-hybrid lineup, and then with the planned launch of a fourth model that will be a pure EV and that all fully gasoline-powered models will be phased out by 2025

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Intel Invests $20 Billion in Ohio Semiconductor Plant

The global chip shortage has pushed the U.S. government to further develop the domestic production of semiconductors and Intel is ready to answer the call.Intel has put forward its plans to invest $20 billion into the creation of a new manufacturing facility in Ohio. This is only a small portion of Intel’s pledge to invest up to $100 billion in the creation of a total of 8 factories across the United States over the next decade

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PetSmart Plans $14 Billion SPAC

PetSmart is in talks to go public through a blank-check company backed by private equity firm KKR according to people familiar with the matter. The pet supply retailer, backed by BC Partners, would be valued in the transaction at $14 billion including debt, said one of the people, who asked not to be identified because the information was private.

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