The most important news from last week 20.6.2022
NIO confirmed new plant in Europe
NIO hosted a communications event with certain consumers in Hefei, during which the business confirmed the establishment of a new European facility to manufacture battery swap stations. As previously reported by EV on April 15, the EV manufacturer began seeking for an EU Plant Manager in Hungary in April of last year. To avoid the high costs of exporting from China, the business intends to manufacture Battery Swap Stations (BSS) and Charging Piles in Europe.
Metaverse spending could reach 5 trillion dollars by 2030
According to research by consulting firm McKinsey & Co, yearly worldwide metaverse-related spending might exceed 5 trillion USD by 2030. According to the McKinsey analysis, there will be five sorts of everyday activities in the metaverse: gaming, socializing, fitness, commerce, and remote learning. Research of 3,104 customers, 79 percent have previously made a transaction in the metaverse, with 47 percent having made in-game purchases.
Lyft reached 25 million USD settlement
Lyft Inc has agreed to pay 25 million USD to settle shareholder claims that the ride-hailing firm misrepresented safety issues, including sexual assaults by drivers, before to its 2019 IPO. The preliminary all-cash settlement was filed with the federal court in Oakland, California, and is subject to approval by U.S. District Judge Haywood Gilliam Jr. However, less than two weeks after trading began on 29th of March 2019, its share price plummeted below the 72 USD IPO price and never recovered.
Movement of Lyft since coming to the market. (Source: Trading Economics) *
Tesla will charge more for cars in US
Tesla Inc hiked pricing for all of its car models in the United States again in response to ongoing global supply-chain issues and rising raw material costs. The electric automaker raised the price of its Vehicle Y long-range model to 65,990 USD from 62,990 USD, after postponing delivery to the United States by up to a month. The 5% price increase comes because of rise of raw material costs for aluminium and lithium, which are used in automobiles and batteries.
Amazon picked its first town to receive drone deliveries
Customers in Lockeford, California, will be among the first to get drone deliveries later this year, according to Amazon Inc. This would be Amazon's first public drone delivery, following multiple trials and mission-specific initiatives from corporations such as Walmart Inc, United Parcel Service Inc, and FedEx Corp. Amazon completed its first customer delivery by drone in the United Kingdom in 2016, and it has been touting its aspirations for drone delivery for years.
Sources: Reuters, Investing, CNBC, Trading Economics
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