Levin Capital Strategies LP Trimmed By $7.83 Million Its Pfizer (PFE) Holding; Shorts at USINAS SIDERURGICAS DE MINAS GERAIS S.A. (USNZY) Raised By 70.08% | Spiral Carbon Steel Pipe

HH Sheikh Hamed bin Zayed Al Nahyan, Chairman of the Abu Dhabi Crown Prince’s Court, today inaugurated Ducab Aluminium Company...

“At the time of the BMW i3, the capacity of batteries was still quite low, and so we tried to get every kilogram out of the car to reduce the amount of energy we needed [to power it]...But, with the improving energy capacity of batteries, you don’t need to look for the last 500 grams. Therefore, we look for the right balance of properties. Carbon fiber is still an extremely important material when it comes to passenger safety, for example, but you only use it in certain areas.”

9 – Blaine Higgs was sworn-in as the 34th premier of New Brunswick, just a week after the Liberal government of Brian Gallant was defeated on a confidence vote. At the age of 64, Higgs was the oldest person to assume the job of premier in a province with a history of choosing young leaders.

25 – A bill to enact a new trade pact with Pacific Rim countries passed the legislative finish line, making Canada one of the first countries to ratify the 11-country Comprehensive and Progressive Agreement for Trans-Pacific Partnership, or CPTPP.

26 – The Canadian Armed Forces officially eased its restrictions on beards while in uniform, effective immediately. The move was part of efforts to modernize the military for the 21st century – and in the process increase recruitment and improve morale.

So the first question on this (or any) IPO is:  what does the seller plan to do with the capital it raises?  Are the owners simply cashing out, transferring future risk onto your shoulders?  Or is there a real need for new capital, in order to build new plant or acquire a competitor? 

This aligns with Tesla’s strategy of using mostly steel on the cheaper Model 3 rather than an aluminum-intensive body design like those of the Model S and Model X. By contrast, the probably over-ambitious BMW i3 had a body structure made entirely of carbon fiber, but that, according to Car and Driver, may be a thing of the past thanks to battery advancements, quoting head of BMW’s i Division Robert Irlinger as saying:

8 – The Nobel Prize in economics was divided between Americans William Nordhaus for his work on the economics of a warming planet and Paul Romer, whose study of technological innovation raised hopes that people are creative enough to do something about climate change.

Market Size: Global Size, by Type/Product Category, Applications/End Users, and By Regions/Geography.

The platform will be primarily built of conventional materials like steel, though there were a few aluminum components on the chassis shown in Dresden, including the steering knuckles and the battery housing. Different vehicle segments are expected to get different aluminum content, with the I.D. Vizzion sedan, for example, getting more than the cheaper, compact Neo.

document.getElementById("comment").setAttribute( "id", "f3036df58981bd586faff49ff573c562" );document.getElementById("b18f8c8235").setAttribute( "id", "comment" );

This all makes it closer to a Tesla than to a Fiat 500e or a number of other EVs from mainstream manufacturers that use normal car platforms modified to be electric. Those cars tend to have batteries crammed under seats and other drive components sandwiched where an internal combustion engine would be. That and they’re usually front-wheel drive only.