Ford Unifor Reach Tentative Three Year EV Plan Near Toronto
Unifor says a tentative three year contract with Ford covers five new electric vehicles at a plant near Toronto. The deal includes about 1.95 billion CAD for Ford’s Canadian factories, predominantly in Oakville where the first EV is due in 2025 and the fifth in 2028. Current models Ford Edge and Lincoln Nautilus will end production in 2023.
MENTIONED IN THIS ARTICLE
Canadian Auto Workers
Ford
Toronto
Unifor
Jerry Dias
Oakville
Ontario
Europe’s tracing apps fail to curb the spread
European countries struggle to achieve meaningful adoption of COVID-19 tracing apps seven months into the pandemic. Privacy worries, technical flaws, and public apathy limit impact as countries like Finland, Ireland, and Germany report low uptake, while smaller Northern European nations see higher use due to trust in government and tech comfort. Finland's app gains rapid popularity with about a third of the population using it, yet exposure alerts remain underused.
MENTIONED IN THIS ARTICLE
London
Europe
Britain
Portugal
Finland
Ireland
Germany
France
Oxford University
Kevin Kelly
Limerick
Kelly
Aleksei Yrttiaho
Finnish Institute For Health and Welfare
William Oesch
Helsinki
Ella Ahmas
Aalto University
Ahmas
Oesch
Google
Facebook
European Union
Israel
Tesla teases battery breakthrough amid investor hype
Techies and investors await a Tesla battery reveal amid hopes for lower costs and longer range. Elon Musk says high volume production may not start until 2022, with the event after the Fremont plant tour and shareholders meeting. Analysts note lithium metal as a possible path, or lithium ion phosphate for safety and durability.
MENTIONED IN THIS ARTICLE
Detroit
Tesla
Elon Musk
Musk
Housing market rebounds as existing home sales rise 2.4 percent
In August, existing home sales climbed 2.4 percent to a 6.0 million annual pace, the highest since 2006, with prices up 11.7 percent from August 2019 to a median of 315000. Inventory remains tight at 1.49 million listings, and buyers face continued low mortgage rates under 3 percent while first‑time buyers comprise about a third of purchases. Regional gains varied, with the Northeast up 13.8 percent year over year in price and activity, and overall price growth exceeding income growth, challenging affordability.
MENTIONED IN THIS ARTICLE
Silver Spring
National Association of Realtors
NAR
Joel Kan
Mortgage Bankers Association
Northeast
Midwest
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Detroit Auto Workers
Stockholm Bank
Sweden
Riksbanken
Berlin Hospital
Russia
Duesseldorf
University Hospital
North Rhine-Westphalia
WDR
Belgrade
Serbia
Kosovo
U.S
White House
Balkan
The
Associated Press
Stayaway
Covid
Lisbon
Armando Franca
Fremont
California
San Francisco
Guidehouse
Sam Abuelsamid
Abuelsamid
China