Business News – 09-22-2021

Redwood Material and Ford sign deal to recycle Electric Vehicle batteries

  • Sales of Electric Vehicles are expected to increase from an estimated 350,000 cars in 2021 to more than 1 million by 2025, says LMC Automotive
  • Ford and its battery manufacturing partner SK Innovations will ensure a consistent supply of essential metals like lithium, nickel, and copper for EVs

Google signs new deal for $2.1 billion office building in Manhattan market

  • Despite the growth of remote work and the decline in the New York office market, Google’s $2.1 billion deal to buy a Manhattan office building adds rapid growth to Silicon Alley
  • The building was the St. John’s Terminal on the West Side of Manhattan where the company had been leasing 1.3 million square feet but decided to buy the space

By K Buenavista

Mr. Buenavista is a writer that specializes in breaking down complex topics into easy to understand formats that appeal to a wide range of news seeking readers, without missing the important details. He handles a majority of the daily news reporting at Easy-Ad, and has written on many other websites. He resides in Southern California.