Automotive

Motor Morsels: Bringing it Home, Cash, Coming Together, and Gambling

North America eye’s China’s crown, Lucid gets more money from Papa Arabia, Ford and Uber find something to do all these electric “Mustangs,” and Maryland has a gambling problem.
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Motor Morsels: Bringing it Home, Cash, Coming Together, and Gambling

🇺🇸🏭💪 Following manufacturing incentives by the Biden administration, North America is on track to bring the battery cell manufacturing crown on home - Sam Cooke style. Experts expect China's market share to slip as auto and battery maker investments continue to increase in the US and her neighbors.

💸😬🎤Luxury electric vehicle maker, Lucid, is raising money again. The current 60.5% stake owner, Saudi Arabia's Public Investment Fund, will kick in $1.8B toward the "general corporate purpose" $3B goal. Lucid keeps proving Wu-Tang was right - Cash rules everything around EVs. 

🚙🤝 🚕The Beatles would be proud. Ford and Uber have come together to offer gig drivers in three west coast cities flexible lease options on Mach-E. The Ford Drive app will work with local dealers to purchase and service the vehicles and offer the drives 1- to 4-month terms with rates based on city and mileage. Uber offers zero-emission incentives to drivers up to $4K a year.  

🎰🤷‍♀️💻Around 800K Maryland drivers paid a little extra for their vehicle license plates to honor the state's role in the War of 1812. Unfortunately, the well-meaning investments turned into ill-placed bets on government competency. The state did not renew its StarSpangled200<dot>ORG domain; now, a gambling site in the Philippines owns it. Turns out Maryland didn't know when to hold em', right Kenny

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