Tuesday, May 11, 2021
In this weekâs Player Blog presented by Enterprise Rent-A-Car, Graeme Storm reflects on three years of injury troubles and his biggest motivations ahead of his return to the European Tour.
It feels great to be back this week. Itâs been a bit of an up and down journey for me over the last three or four years from winning in South Africa to having three surgeries, so Iâm looking forward to getting back to playing.
Everyone knows professional golf comes with a lot of highs and a lot of lows, and I had both in 2017. I won in the play-off in South Africa against Rory McIlroy, which was one of the highlights of my career, but I also began struggling with my wrist.
2021 AutoTeam America BUY/SELL SUMMIT & FORUM
The AutoTeam America Buy/Sell Summit & Forum is usually held
in conjunction with the annual NADA Convention, this year it was
held virtually over four weeks. The topics each week were:
Buy/Sell Update and Industry Trends
Economic Outlook for the Automotive Retail Industry
Dealership Merger & Acquisition and SPACs
New Strategies in Automotive Retailing
One of the discussions that caught my attention was the impact
of developing trends on the dealership building of the future. Some
of points discussed included:
The Amazon impact, buying from home at any time of day or
night
The business models of Tesla and Carvanna, bringing the product
BMW, Ford invest RM536m in solid-state battery firm
6 May 2021 1:31 pm / 0 comments
BMW Group, Ford and venture capital firm Volta Energy Technologies are leading a USD$130 million (RM536 million) funding round in a solid-state battery startup, Solid Power. The move comes shortly after the Bavarian automaker said it will demonstrate the exciting new battery technology by 2025, as revealed during its
The cash injection will put Solid Power in a position to produce full-scale automotive batteries, increase associated material output and expand in-house production capabilities for future vehicle integration. Operations are expected to begin in early 2022.
Solid Power CEO Doug Campbell said: “BMW and Ford now share leading positions in the race for solid-state battery-powered electric vehicles. Solid Power now plans to begin producing automotive-scale batteries on the company’s pilot production line in early 2022 as a result of our partners’ continued commitment to Solid P
By Reuters - 06 May 2021 Ford and the BMW have expanded existing joint development agreements with Solid Power to secure all solid-state batteries for future electric vehicles. Image: BMW PRESS GLOBAL
Ford Motor Co and BMW AG are leading a $130m (roughly R1,879,469,800) funding round in a solid-state battery startup, Solid Power, as car makers push to lower the cost of electric vehicles by investing in the development of affordable but powerful rechargeable batteries, the companies said on Monday.
The Series B investment round, which includes venture capital firm Volta Energy Technologies, allows Solid Power to expand in-house manufacturing capabilities and positions the battery maker to eventually supply future EVs, possibly by the end of the decade, according to BMW battery cell technology chief Peter Lamp. Solid Power declined to say at what level the funding round values the company.
Solid Power raises $130 million in second funding round from Ford and BMW PUBLISHED BY
$130 million in Series B funding led by
Volta Energy Technologies, the venture capital firm spun out of
the U.S. Department of Energy’s Argonne National Laboratory, as an investor.
Under the investment, Ford and BMW are equal equity owners, and company representatives will join Solid Power’s board.
Solid-state battery technology is seen as a breakthrough technology and many startups have entered the space in a bid to commercialize it. The technology has attracted automakers’ interest as it helps their EV efforts and the batteries help increase mileage and speed.