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Tesla shares tank ARK Invest ETF after massive purchase

Teslarati

ARK Invest purchased just over $26 million in Tesla shares on the final day of trading in 2022, cementing its position in the company and resulting in a massive loss today. This resulted in ARK Invest purchasing over $26 million in Tesla shares, which has ultimately collapsed its ETF value today. What do you think of the article?

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Augmented-Reality Platform Lets Consumers Customize Products

Cars That Think

Interactive 3D and augmented reality online are making it easier for car manufacturers, fashion brands, and other businesses to design and produce their products. Companies purchase a subscription to access Emersya’s platform. The virtual product can be rotated 360 degrees, and in some cases can be customized by the customer.

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Canoo announces massive stock sale to fund production ramp

Teslarati

The first plant, located in Oklahoma City , is scheduled to begin production this year and is aiming for a run rate of 20,000 vehicles annually. The second production location is in Pryor , Oklahoma, and is slated to produce Panasonic battery cells , though the company has not stated when battery production will commence.

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Canoo continues rapid production expansion with yet another new facility

Teslarati

Canoo has announced that the company entered an agreement to purchase yet another vehicle manufacturing facility in Oklahoma City. As stated in Canoo’s press release, the company hopes to anchor its vehicle production in the heartland of America, Arkansas and Oklahoma specifically, this Oklahoma City facility being a significant part of that.

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ACMA awards 59 companies for excellence in production, innovation, localisation, exports – ET Auto

Baua Electric

The jury panel for the 58th ACMA Excellence Awards, besides Vinod Aggarwal, included, Sunil Kakkar, SIAM Aatmnirbhar Bharat Sourcing Group; and Senior Executive Officer – Supply Chain & Enterprise Strategy at Maruti Suzuki India, Sanjeev Jain, Director Purchase at Honda Motorcycle & Scooter India; Ganesh Mani S.,

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Stellantis joins Forvia and Michelin as equal shareholder in hydrogen company Symbio

Green Car Congress

purchase in Symbio, a leader in zero-emission hydrogen mobility. Acquiring an equal stake in Symbio bolsters Stellantis’ position in hydrogen-powered vehicles by supporting the fuel cell van production in France, and it also serves as a perfect complement to the company’s growing battery electric vehicle portfolio. Stellantis N.V.

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How We Review Products at TTAC

The Truth About Cars

Who we are The Truth About Cars has a team of dedicated professional editors, writers, and analysts who are committed to bringing you honesty when it comes to news coverage of the automotive industry, car reviews, and also, product reviews. How The Truth About Cars selects and ranks products We have three types of product reviews.