Business News – 09-28-2021

BrightDrop, GM’s EV business to supply Verizon with new van In 2021, General Motors commercial electrical vehicle business BrightDrop plans to ass a second van to its lineup and the first customer for the midsize commercial van will be Verizon Communications This new product follows behind the first production models of BrightDrop’s large van named… Continue reading Business News – 09-28-2021

Business News – 09-09-2021

General Motors shutdown of Bolt EV production extended The shutdown of GM’s Chevrolet Bolt EV has been extended at their Michigan production plant as they work with battery supplier LG Chem to fix manufacturing defects The Orion Assembly plant will be shut down for the week of September 13 through September 20 US sailings increased… Continue reading Business News – 09-09-2021

Business News – 09-08-2021

Khosla Ventures investment into Rocket lab came from $28 million to $1.7 billion According to an SEC disclosure on September 7, from between 2013 and 2020, Khosla Ventures had invested $28.2 million into Rocket lab through several funding rounds The firm now holds over 115 million shares of Rocket Lab’s stock which is worth $1.67… Continue reading Business News – 09-08-2021