Page 15 - Sam Jaffe News Today : Breaking News, Live Updates & Top Stories | Vimarsana

It’s the Oscars tonight, which is good news for insomniacs because it’s likely to run through to breakfast. The film tipped to take the top honours – it has 10 nominations – is Mank. If it wins Louis B Mayer, who originally set up the Academy Awards, will be be turning in his grave.  Mayer created and ran MGM, the biggest Hollywood studio ,which led in the blacklisting of the Hollywood 10 in 1947, accused of being communists. And in the 1930s, amazingly as he was a Jew, he collaborated with the Nazis to censor anything critical. He and other studio heads met with the German c...

Years of neglecting its critical metal supplies is catching up with the United States, as demand for the raw materials needed to build a new green economy that rejects fossil fuels gears up. US President Joe Biden just announced a $2.3 trillion infrastructure spending package aimed partially at shifting the US transportation system from gas and diesel-based to battery-powered, and more support for renewable energies such as wind and solar over carbon-based sources like natural gas. The plan is big on promises and appears to benefit many sectors, but details are scant on how the ...

GM Is Betting Big On Electric Vehicles By Tsvetana Paraskova - Mar 14, 2021, 12:00 PM CDT Weeks after General Motors pledged to work for an all-electric future, the highest-selling U.S. automaker announced this week a partnership with MIT spinoff SolidEnergy Systems to speed up the commercialization of lithium metal batteries that could dramatically cut electric vehicle (EV) costs and boost range.  GM Ventures was an early investor in lithium metal battery innovator SolidEnergy Systems in 2015 when GM and SES began a close working relationship.  Now GM and SES plan to build a man...

Tesla Inc (NASDAQ: TSLA) pays significantly less than its rivals for lithium battery cells and has the lowest cost EV battery packs, according to Cairn ...

"Tesla is definitely putting the hammer down on the accelerator pedal. They see this as the crucial period and they're building out their capacities," said Sam Jaffe, managing director of Cairn ERA. "Look at what they're doing in Shanghai and in Berlin and now in Austin, Texas. They're just piling factory upon factory." Jaffe, who tracks the battery and EV industry, says Tesla's advantage stems not only from the scale of its operations, but also from Elon Musk's relentless pursuit of lower battery costs. Battery packs are the biggest expense in manufacturing electric vehicles and are the ...