August 2023

S&P Global has halted its use of numerical ESG scores. The update comes amid questions and criticism about the utility of ESG scores, as well as political pressures against the metrics.  Prior to its update, the S&P had used published scores from one to five to determine a company’s exposure to each element of “environmental,

Lucid Motors has released the official specs of its halo car, the Lucid Air Sapphire, and they are very impressive.  As noted by the EV maker in a press release, the $249,000 Lucid Air Sapphire could be considered as the world’s first fully electric luxury super-sports sedan. The vehicle backs up its name with some

PGT Trucking, a flatbed transportation company, has announced that it is employing a Class 8 zero-emissions truck to provide transport services to Steel Dynamics, one of the largest steel producers in the United States. Based on photos provided by PGT in its press release, the truck that is being used to transport cargo to Steel

A recent analysis of publicly-available information about Tesla’s supply chain has reportedly revealed that almost 40% of the suppliers for materials used in the company’s batteries are Chinese companies. The analysis was conducted by Nikkei Asia in collaboration with Tokyo’s Fronteo, which utilizes a machine-learning algorithm to find data.  As noted in the companies’ analysis,

Rivian (NASDAQ: RIVN) had a strong second-quarter earnings report and is raising its production guidance for 2023, now expecting to build 2,000 more vehicles than it previously forecasted. Rivian reported earnings on Tuesday and beat expectations in both adjusted loss per share ($1.08 reported vs. $1.41 expected) and revenue ($1.12B reported vs. $1B expected). CEO