Corvette E-Ray introduces all wheel drive hybrid soon
The 2024 Corvette E-Ray debuts as GM's first all wheel drive hybrid with a 1.9 kWh battery and electric front wheels plus a 6.2 liter V8 rear engine. It reaches 60 mph in 2.5 seconds with 655 total horsepower and a 10.5 second quarter mile, targeting affluent buyers seeking performance and daily usability.
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EU outlines Green Deal Industrial Plan for clean tech leadership
European Commission President Ursula von der Leyen unveiled the Green Deal Industrial Plan to accelerate subsidies and EU wide green projects aimed at climate neutrality by 2050. She warned of aggressive efforts to lure European capacities to China or the United States while stressing reduced dependence on Russian energy and rare earths. Protests in Germany over coal mine expansion referenced as energy security remains a priority.
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Wall Street mixed as Goldman weighs on indexes
Stocks closed mixed on Tuesday with the S&P 500 down 0.2 percent, the Dow slipping 1.1 percent led by Goldman Sachs after disappointing results, and the Nasdaq up 0.1 percent on tech gains. Nvidia climbed 4.8 percent while Pfizer and Emerson Electric fell notably. The S&P 500 ended at 3,990.97, the Dow at 33,910.85, and the Nasdaq at 11,095.11 as investors awaited more fourth quarter results and forward guidance.
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