We’re all talking about supply chains. Two experts explain how to modernize them

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A free Fast Company webinar with leaders from General Motors and Nanotronics explores the future of manufacturing. To respond to demand for ventilators in the earliest days of the COVID-19 crisis, General Motors sourced components from 70 suppliers around the world and trained 250 skilled workers in just one week to create an assembly line at a Kokomo, Ind., facility. Gerald Johnson, GM’s executive vice president, global manufacturing, told the New Yorker the feat was “miraculous.” Read Full Story

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Ford Reveals Plans To Invest In A New Battery Lab

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Ford Motor Company (NYSE:F) announced plans to invest $185 million into a new battery lab as it pushes toward manufacturing its own battery cells for its electric vehicles. The automaker is following in the footsteps of Tesla Inc (NASDAQ:TSLA) and General Motors Company (NYSE:GM) in making its own EV batteries. Q1 2021 hedge fund letters, […]

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This fuel cell company has pivoted to fixing old ventilators to give to hospitals

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Many retired ventilators need only little updates to be functional again. Bloom Energy is collecting them, refurbishing them, and sending them out to hospitals that need them. In one worst-case scenario, as many as 960,000 patients with COVID-19 in the U.S. might need to use ventilators, the life-saving hospital equipment that helps patients breathe when they can’t on their own. But there are only around 160,000 ventilators in the country, according to an analysis from the Johns Hopkins Center for Health Security. As manufacturers like General Motors and Ford pivot to making ventilators, a California company called Bloom Energy is taking another approach—refurbishing some of the thousands of ventilators that currently sit in storage because they’ve reached their end-of-service life. Read Full Story

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General Motors Has Surged 37% YTD: More Upside Left?

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General Motors (GM) has seen its share price surge 37.3% year-to-date, amid optimism surrounding its plans on the electric vehicle (EV) front and a substantial improvement in its sales. However, because a global semiconductor chip shortage could lead to a halt in automobile production and perhaps temporary plant closures, will the company be able to maintain its growth trajectory? Read more to find out.

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