FedEx to Receive 500 Electric Delivery Trucks From General Motors

07:24pm, Friday, 17'th Dec 2021 Financial Buzz
FedEx (NYSE: NYSE) just received the first 500 electric delivery trucks from BrightDrop, General Motors new EV unit. According to the company, it will begin implementing the EVs into its fleet at the start of 2022. What were talking about here is transforming transportation, FedEx Chief Sustainability Officer Mitch Jackson told CNBC. Weve been using The post FedEx to Receive 500 Electric Delivery Trucks From General Motors first appeared on Financial Buzz .
Wall Street analysts expect General Motors (NYSE:GM) (TSE:GMM.U) to announce earnings of $0.95 per share for the current fiscal quarter, Zacks Investment Research reports. Two analysts have issued estimates for General Motors earnings, with the highest EPS estimate coming in at $1.27 and the lowest estimate coming in at $0.73. General Motors reported earnings per []

GM Ships First Electric Hummers To Customers

06:08pm, Friday, 17'th Dec 2021 Zero Hedge
GM Ships First Electric Hummers To Customers General Motors President Mark Reuss spoke with CNBC''s Phil LeBeau during "Squawk on the Street" about the first shipments of its GMC Hummer EV to customers. The Hummer EV is an impressive vehicle, with claims of up to 1,000 horsepower, able to rocket the truck from 0-60 mph in just 3 seconds. The all-electric super-truck began production in the fall. "We''re very excited for our customers," Reuss told LeBeau. The first Hummer EV recently rolled off the production line at the automaker''s Detroit-Hamtramck Assembly Center and was auctioned off for $2.5 million with proceeds benefiting the Tunnel to Towers Foundation, which honors the sacrifice of firefighters during Sept. 11. Readers may recall we published the first spy shots of the new Hummer EV in February and following its development over the year. We noted last month that GM Defense, the military division of General Motors, will produce an army version of the Hummer EV. The Hummer EV is one of the first all-electric pickups behind the R1T from EV start-up Rivian, which started building the vehicle in September at an Illinois factory.

GM’s BrightDrop Delivers First Electric EV600 Vans to FedEx

04:52pm, Friday, 17'th Dec 2021 Tesla North
General Motors (GM) announced plans to deliver its BrightDrop delivery trucks to FedEx earlier this year, and keeping to its plan, the company has apparently … Read more The post GM’s BrightDrop Delivers First Electric EV600 Vans to FedEx appeared first on TeslaNorth.com .
The new truck is the first to incorporate the Detroit automaker''s Ultium platform, motors and batteries, all of which GM developed in-house.

BrightDrop Delivers First Electric Vans to FedEx Express

03:20pm, Friday, 17'th Dec 2021 Benzinga
BrightDrop has delivered the first five EV600 electric delivery vans to FedEx Express as the first step in an order that could result in 500 vans operating within the FedEx fleet. The initial vehicles will be put into operation in a FedEx Express (NYSE: FDX ) facility in Inglewood, California. FedEx is building electric vehicle charging infrastructure across its network, including 500 stations that have already been installed in California. "The delivery of the first BrightDrop EV600s is a historic moment, born out of a spirit of collaboration between two leading American companies," said Mitch Jackson, chief sustainability officer for FedEx. "At FedEx, transforming our pickup and delivery fleet to electric vehicles is integral to achieving our ambitious sustainability goals announced earlier this year. This collaborative effort shows how businesses can take action to help usher in a lower-emissions future for all." Powered by General Motors '' (NYSE: GM ) Ultium battery platform, the EV600 is designed for deliveries and features an estimated range of up to 250 miles on a full charge.
The post FedEx gets first of 500 electric trucks from GM’s EV unit in move to green logistics appeared on BitcoinEthereumNews.com . FedEx on Friday received the first of 500 electric delivery trucks from BrightDrop, the newly formed EV unit of General Motors. It’s a moment both companies call a “tipping point”…
MEMPHIS, Tenn.--(BUSINESS WIRE)--FedEx Corp. (NYSE: FDX) today received its first five of an order of 500 electric Light Commercial Vehicles (eLCVs) from BrightDrop, the new electric delivery and logistics business from General Motors (GM). The introduction of BrightDrops all-electric, zero-tailpipe emissions vehicles into the FedEx fleet is an important step in the companys goal to take its global operations carbon neutral by 2040. The delivery of the first BrightDrop EV600s is a historic m

Session by Sanjay Negi, GM, Ideal Cures

01:40pm, Friday, 17'th Dec 2021 Express Pharma
FDD Conclave 2021 | Day 2 | 17th December 2021 | 2:00 PM - 6:00 PM IST | Virtual Conference The post Session by Sanjay Negi, GM, Ideal Cures appeared first on Express Pharma .
Stocks, Yields Tumble As Quad-Witching Fears Add To Broader Market Slide US futures tumbled after hitting an all time high less than 24 hour ago, as the favorable if paradoxical bounce in risk from the hawkish FOMC pivot faded from memory and as investors questioned whether global stocks are due for a rough ride on the backdrop of growing risks from inflation and the omicron virus variant. S&P 500 futures slumped about 0.5% Friday morning, while the U.S. 10-year Treasury yield fell for a second straight day to 1.394%, the lowest since Dec. 6. Futures were dragged down by tech stocks as volatility surged amid mounting concerns about monetary tightening and the omicron coronavirus variant. Rates hikes do not end bull markets, but reversal of central banks liquidity means less speculative froth and more volatility, said Barclays strategist Emmanuel Cau. Policy angst may be here to stay, but following months of unclear guidances and conflicting signals, the direction of travel is clear now. Investors are also bracing for the quarterly rebalancing of the S&P 500 Index after the market close and the triple witching expiration of equity derivatives that could magnify market moves.

Surge Battery Metals Provides Shareholder Update

12:30pm, Friday, 17'th Dec 2021 The North America Newswire
Vancouver, BC - TheNewswire - December 17, 2021 - Surge Battery Metals Inc. (the "Company" or Surge) ( TSXV:NILI ) ( OTC: NILIF ) ( FRA:DJ5C) would like to provide its shareholders with additional information regarding the history and current status of the Company, as well as, its proposed operating plan for 2022. LETTER FROM THE PRESIDENT TO OUR SHAREHOLDERS AND PARTNERS: Since January 2021, the Company has accomplished a great deal including a corporate rebranding, successful financing initiatives and the addition of significant mineral assets. All of this was done during a time of global uncertainty caused by the COVID-19 global pandemic and unprecedented weather events as a result of climate change. This has led to a renewed worldwide interest in clean tech solutions, including purchasing of electric vehicles (EV). New electric vehicle companies have emerged such as Fisker Inc. and Rivian Automotive, Inc. As well, Tesla Inc. (NASDAQ: TSLA) continues to be one of the most valuable car and public companies worldwide.

CEO of GMs Cruise Leaves; Shares Fall 2.8%

12:11pm, Friday, 17'th Dec 2021 Smarter Analyst
This article was originally published on TipRanks.com Shares of global automobile manufacturer General Motors Company (GM) fell 2. The post CEO of GMs Cruise Leaves; Shares Fall 2.8% appeared first on Smarter Analyst .
General Motors is about to send to the market the Sierra Denali, its new 100% electric pickup truck, expanding the range that already had the Hummer EV and the SUV GMC Hummer EV. Duncan Aldred, GM vice president, did not give any technical data about the car, but said the model elevates the luxury design [] Source: What will the Sierra Denali, GMs new 100% electric pickup be like?

New GM Appointed for IBM Growth Markets in Africa

11:44am, Friday, 17'th Dec 2021 ITNewsAfrica
IBM today announced the appointment of Julia Carvalho as General Manager for IBM Growth Markets, Africa. Ms. Carvalho will be responsible for IBMs business operations, growing our partner ecosystem and driving client satisfaction across multiple regions in Africa. With an increased focus on the partner ecosystem in Africa, Ms. Carvalho will lead the drive to []
Financial Counselors Inc. acquired a new stake in General Motors (NYSE:GM) (TSE:GMM.U) during the third quarter, according to its most recent filing with the SEC. The firm acquired 9,171 shares of the auto manufacturers stock, valued at approximately $483,000. Other institutional investors and hedge funds have also recently made changes to their positions in the []
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