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Lucid Group
Lucid Group, Inc., is an American automotive and technology company that manufactures electric vehicles and supplies advanced electric vehicle powertrain systems. The company is headquartered in Newark, California. In September 2021, the company began producing the Lucid Air sedan at its factory in Casa Grande, Arizona. The company expects to begin production of its second model, the Lucid Gravity SUV, in late 2024. Lucid also supplies and develops powertrain technology to other automakers, including Aston Martin. Since April 2019, the majority shareholder of Lucid has been the Public Investment Fund, which is the sovereign wealth fund of Saudi Arabia. Other investors include large index fund managers like Vanguard Group, BlackRock, and State Street Corporation. History In 2007, Tesla Motors Vice President Bernard Tse, co-founder of Astoria Networks Sam Weng, and inventor Sheaupyng Lin founded a company named Atieva to build electric vehicle batteries and powertrains for vehicl ...
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Miami Worldcenter
Miami Worldcenter is a large mixed-use development, mixed-use development under construction led by principals Arthur Falcone and Nitin Motwani, spanning several blocks in the Park West (Miami), Park West neighborhood of Miami, Florida, just north of Central business district (Miami), downtown. It may include over 25 acres of land, with a convention center, hotel space, residential, and street level retail and large anchor tenant spaces, such as Macy's and Bloomingdale's. Design history The hotel and convention center were planned to be part of the same 55-story building, known as the Marriott Marquis Miami Worldcenter, but this tower and exhibition space was cancelled. The hotel would have included 1,800 rooms over the approximately convention center. One proposed residential building known as the Miami Worldcenter Signature Tower may rise to the maximum above sea level permitted in that area. The tallest building so far is the Paramount Miami Worldcenter building. The proj ...
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BlackRock
BlackRock, Inc. is an American Multinational corporation, multinational investment company. Founded in 1988, initially as an enterprise risk management and fixed income institutional asset manager, BlackRock is the world's largest asset manager, with US$11.5trillion in assets under management as of 2024. Headquartered in New York City, BlackRock has 70 offices in 30 countries, and clients in 100 countries. BlackRock is the manager of the iShares group of exchange-traded funds, and along with The Vanguard Group and State Street Corporation, State Street, it is considered to be one of the Big Three index fund managers. Its Aladdin (BlackRock), Aladdin software keeps track of investment portfolios for many major financial institutions and its BlackRock Solutions division provides financial risk management services. As of 2023, BlackRock was ranked 229th on the Fortune 500, ''Fortune'' 500 list of the largest United States corporations by revenue. BlackRock has sought to position ...
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Car And Driver
''Car and Driver'' (''CD'' or ''C/D'') is an American automotive enthusiast magazine first published in 1955. In 2006 its total circulation was 1.23 million. It is owned by Hearst Magazines, who purchased it from its prior owner Hachette Filipacchi Media U.S. in 2011. It was founded as ''Sports Cars Illustrated.'' The magazine is based in Ann Arbor, Michigan. History ''Car and Driver'' was formed as ''Sports Cars Illustrated'' in 1955. In its early years, the magazine focused primarily on small, imported sports cars. In 1961, editor Karl Ludvigsen renamed the magazine ''Car and Driver'' to show a more general automotive focus. ''Car and Driver'' once featured Bruce McCall, Jean Shepherd, and Brock Yates as columnists, and P. J. O'Rourke as a frequent contributor. Former editors include William Jeanes and David E. Davis, Jr., the latter of whom led some employees to defect in 1985 to create ''Automobile''. When CBS acquired Ziff Davis' consumer magazines in 1985, ...
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Motor Trend
''Motor Trend'' is an American automobile magazine. It first appeared in September 1949, and designated the first Car of the Year, also in 1949. Petersen Publishing Company in Los Angeles published ''Motor Trend'' until 1998, when it was sold to British publisher EMAP, who then sold the former Petersen magazines to Primedia in 2001. ''Motor Trend'' bears the tagline "The Magazine for a Motoring World". As of 2024 it is published by Motor Trend Group. It has a monthly circulation of over one million. Publication was monthly but changed to quarterly in 2024. In December 2024, Hearst Communications acquired Motor Trend Group and most its assets including ''Motor Trend'' from Warner Bros. Discovery. Contents and sections The contents of ''Motor Trend'' magazines are divided up into sections, or departments. Road tests ''Motor Trend'' magazine provides its readers with written "road tests" of vehicles. These road tests are published in each issue and are meant to give readers ...
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JAFCO
Jafco Co. was a multimillion-dollar chain of American catalog show room retail stores founded by Sidney Z. Jaffe in 1957. Headquartered in Seattle, Seattle, Washington, the company sold a wide variety of items from stereo and photographic equipment to holiday gifts. Jafco sent catalogs to all of their clients allowing for pickup at their stores or by mail-order. Though retail locations stocked the more common items, Jafco's usual technique of processing orders started with customers ordering through mail and picking up at the store. With notable locations in Downtown Seattle, Lynnwood, Washington, Lynnwood, Westfield Southcenter, Southcenter, Bellevue, Washington, Bellevue, Northgate, Seattle, Northgate and Tacoma, Washington, Tacoma, the major retailer expanded until acquisition in the 1970s. Jafco was acquired by Modern Merchandising in 1972, then Best Products obtained all 17 stores in Washington (state), Washington and Oregon in 1982. By 1986 all the Jafco stores were convert ...
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Venrock
Venrock (portmanteau of Venture and Rockefeller) is an American venture capital firm formed in 1969 to build upon the successful investing activities of the Rockefeller family that began in the late 1930s. It has offices in Palo Alto, California, New York City, and Boston, Massachusetts. History Venture capitalist Laurance S. Rockefeller (1910–2004) was the fourth of the six children of John D. Rockefeller Jr. In January 1946 he formed Rockefeller Brothers, Inc., one of the first postwar venture-capital operations, starting with a capitalization of $1.5 million. There were eight partners in all, the five brothers and their sister, Abby, and two non-family members, Harper Woodward and MIT scientist Ted Walkowicz. In 1969, the firm became known as Venrock. Laurance S. Rockefeller became an investor in enterprises based on science and technology. His investment interests included the fields of aviation, aerospace, electronics, high temperature physics, composite materials, optics ...
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Sumitomo Mitsui Banking Corporation
is a Japanese multinational banking financial services institution owned by the Sumitomo Mitsui Financial Group, which is also known as the SMBC Group. It is headquartered in the same building as SMBC Group in Marunouchi, Chiyoda, Tokyo, Japan. SMBC was established in 2001 through the merger of The Sakura Bank, which originated from the Mitsui zaibatsu and was founded as Mitsui Bank in 1876, and The Sumitomo Bank, which originated from the Sumitomo zaibatsu and was founded in 1895. Digital banking IC cash card An IC cash card is a single cash card that can be used with three method of identification: biometric authentication, IC chip or magnetic stripe, by setting the limit and registering biometric information (finger vein pattern). With this cash card, the security of usage improved since transactions relies on IC chip recording data and the pattern of past transactions that combined IC chip recording data and biometric authentication. As of 2017, SMBC issued IC cash ca ...
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Tsinghua Holdings
Tsinghua Holdings Corp., Ltd. is a wholly owned subsidiary of Tsinghua University. The company was established as an in-house asset management company for Tsinghua's subsidiaries that were established in the 1990s by the technology transfer of research to business. History Tsinghua Holdings was formally formed in 2003 (though preliminarily tested in 2001) in response to the 2001 policy of separating universities and university-owned enterprises; all the shares of subsidiaries of Tsinghua University were transferred to Tsinghua Holdings. Announced by State Council of China in 2001, the plan aimed to separate ownership and management of holdings, bring on professional business managers, and separate assets of operating business and non-operating business. The university itself did not invest in other companies directly thereafter, but through the holding companies. The role of the university is to supervisor holding companies via nominating the board of directors with oversight for ...
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BAIC Group
Beijing Automotive Group Co., Ltd. (BAIC, formerly as Beijing Automotive Industry Corporation) is a Chinese state-owned automobile manufacturer headquartered in Shunyi, Beijing. Founded in 1958, it is the sixth largest automobile manufacturer in China, with 1.723 million sales in 2021. The company produces and sells vehicles under its own branding, such as Arcfox, Beijing, Foton Motor, Ruili Doda, as well as under foreign-branded joint ventures such as Beijing-Benz and Beijing-Hyundai. It also produces electric vehicles under some of the previously listed brandings, including dedicated EV brands such as Arcfox. Its principal subsidiaries include the passenger car maker BAIC Motor (44.98% share); and truck, van, bus, and agricultural equipment automaker, Foton Motor. A large proportion of sales BAIC's sales is in agricultural, commercial, and military vehicles. History BAIC was originally founded in 1958 as Beijing Automobile Works (BAW), which found success producing the ...
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Electric Bus
An electric bus is a bus that is propelled using electric motors, as opposed to a conventional internal combustion engine. Electric buses can store the needed electrical energy on board, or be fed mains electricity continuously from an external source such as overhead lines. The majority of buses using on-board energy storage are battery electric buses (which is what this article mostly deals with), where the electric motor obtains energy from an electric vehicle battery, onboard battery pack, although examples of other storage modes do exist, such as the gyrobus that uses flywheel energy storage. When electricity is not stored on board, it is supplied by contact with outside power supplies, for example, via a current collector (like the trolley pole, overhead conduction poles in trolleybuses), or with a ground-level power supply, or through Inductive charging#Dynamic charging, inductive charging. As of 2017, 99% of all battery electric buses in the world have been deployed in M ...
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Battery Pack
A battery pack is a set of any number of (preferably) identical Battery (electricity), batteries or individual battery cells. They may be configured in a series, parallel or a mixture of both to deliver the desired voltage and current. The term ''battery pack'' is often used in reference to cordless tools, radio control, radio-controlled hobby toys, and battery electric vehicles. Components of battery packs include the individual batteries or cells, and the Electrical conductor, interconnects which provide electrical conductivity between them. Rechargeable battery packs often contain voltage and temperature sensors, which the battery charger uses to detect the end of charging. Interconnects are also found in batteries as they are the part which connects each cell, though batteries are most often only arranged in series strings. When a pack contains groups of cells in parallel there are differing wiring configurations which take into consideration the electrical ''balance'' of the ...
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Lithium Ion Cell
A lithium-ion or Li-ion battery is a type of rechargeable battery that uses the reversible intercalation of Li+ ions into electronically conducting solids to store energy. Li-ion batteries are characterized by higher specific energy, energy density, and energy efficiency and a longer cycle life and calendar life than other types of rechargeable batteries. Also noteworthy is a dramatic improvement in lithium-ion battery properties after their market introduction in 1991; over the following 30 years, their volumetric energy density increased threefold while their cost dropped tenfold. In late 2024 global demand passed per year, while production capacity was more than twice that. The invention and commercialization of Li-ion batteries has had a large impact on technology, as recognized by the 2019 Nobel Prize in Chemistry. Li-ion batteries have enabled portable consumer electronics, laptop computers, cellular phones, and electric cars. Li-ion batteries also see significant use ...
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