Tag: deal

Ford and GE ink US government ventilator deal | Automotive Industry News

Basic Electrical and Ford will create 50,000 ventilators for the US government under the Defense Manufacturing Act for US$336m, media reviews claimed.

The providers are predicted to create the life-saving units at a facility in Michigan commencing subsequent 7 days.

According to the phrases in the announcement, each ventilator would cost $six,720. 

The providers are predicted to create all the ventilators by July thirteen, according to the Office of Well being and Human Expert services, CNBC claimed.

The cost of the ventilators is just about $ten,000 beneath a previous federal contract for thirty,000 ventilators at $489.4m, or about $sixteen,300 a

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Handcrafted 1966 Ford GT40 Mk I Replica Looks Like The Real Deal

This Mk I replica capabilities a carbon fiber human body and weighs a mere two,016 lbs .. Again at the 2004 Las Vegas SEMA Trade Present, the auto amazed so significantly that it gained the Sony Gran Turismo four Award for Most effective Domestic Vehicle, a victory that Andrew Broadly remembers fondly. “It was superb to be able to earn that,” he claimed. “In a way, it confirmed us that what we were being doing was proper.”

The first value of the GT40 replica was $210,000, with $22,000 well worth of enhancements added thereafter. The custom Ford Racing engine has

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Hyundai signs development deal with another EV startup

Korean automaker Hyundai Motor Co. broadened its future transportation portfolio with an settlement to jointly build electric automobiles with California startup Canoo, the firms claimed on Tuesday.

It was the 2nd these offer introduced in the latest months by Hyundai and sister company Kia Motors Corp., which in mid-January claimed they would make investments $a hundred and ten million in United kingdom startup Arrival and jointly build electric industrial automobiles.

In Seoul, a Hyundai spokesperson claimed the automaker’s partnership with two-year-aged Canoo would target on lesser electric passenger automobiles about the sizing of its Accent compact.

Like Arrival, Canoo has

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