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Faraday Future Completes Bridge Financing to Push Forward Production of Its All-electric FF 91 Luxury Vehicle

  • Amended Bridge Financing Includes up to $45 Million in New Senior Secured Financing

  • Birch Lake Fund Management LP, Which Led Senior Bridge Financing Facility in 2019, Returns to Support Faraday Future


Faraday Future (FF), a California-based global shared intelligent mobility ecosystem company, today announced that it has completed the expansion and extension of the senior bridge financing facility put in place in 2019 to support the completion and launch of its flagship FF 91 EV and continue development of the mass-market FF 81. The amended bridge facility includes new senior secured financing of up to $45 million, which matures in October 2021.

As part of the expanded and extended financing agreement, Birch Lake, a Chicago-based merchant bank, has returned to support FF as the majority purchaser of the new senior secured financing. The principals of Birch Lake and co-investor, ATW Partners, a New York-based private equity firm, bring extensive experience

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Global Ferrocene Market Emerging Trends, Business Opportunities, Segmentation, Production Values of Product Sales and Growth Rate, Assessment to 2030

Pune, Maharashtra, India, October 13 2020 (Wiredrelease) Prudour Pvt. Ltd delivers granular analysis of Ferrocene Market to Garner Bursting Revenues with Top Growing Companies During 2021-2030, which includes global industry analysis, key market trends, vendor classification with their market positioning, sales, revenue and market share with the product type and by applications. Likewise, The development ratio which is expected in perspective of the rational analysis provides thorough information concerning contributions by way of top key vendors, demand, and deliver complete evaluation as well as market proportion boom of the Ferrocene industry.

Ferrocene Market: An Structure Overview

Ferrocene Market play a vital role in chemicals and materials industry. This intelligence report along with (2021-2030) Forecast of Ferrocene market study exhibits a pattern of interpreting previous data sources gathered from the most reliable sources and sets a precedented growth trajectory for the Ferrocene.

Request For Covid-19 Impact Analysis On Ferrocene

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Quality control mechanism closes the protein production ‘on-ramps’ in cells

Quality control mechanism closes the protein production 'on-ramps'
An illustration of stalled ribosomes as stalled cars on a freeway. New work shows that factors GIGYF2 and 4EHP prevent translation from being initiated on problematic messenger RNA fragments. This is akin to closing an on-ramp to prevent additional traffic backups after an incident. Credit: Kamena Kostova and Navid Marvi.

Recent work led by Carnegie’s Kamena Kostova revealed a new quality control system in the protein production assembly line with possible implications for understanding neurogenerative disease.

The DNA that comprises the chromosomes housed in each cell’s nucleus encodes the recipes for how to make proteins, which are responsible for the majority of the physiological actions that sustain life. Individual recipes are transcribed using messenger RNA, which carries this piece of code to a piece of cellular machinery called the ribosome. The ribosome translates the message into amino acids—the building blocks of proteins.

But sometimes messages get garbled. The resulting incomplete

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Musk says Tesla to use new batteries, tech at Berlin factory; flags production risk

a close up of Elon Musk: SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard at the E3 gaming convention in Los Angeles

© Reuters/MIKE BLAKE
SpaceX owner and Tesla CEO Elon Musk speaks during a conversation with legendary game designer Todd Howard at the E3 gaming convention in Los Angeles

(Reuters) – Tesla Inc Chief Executive Elon Musk said on Wednesday the company will produce Model Y with a new structural battery design and technology at its Berlin factory next year and that could result in a “significant production risk”.

The U.S. electric carmaker plans to manufacture a new version of its Model Y crossover vehicle, and possibly even battery cells at the site. Last month, Musk said that Tesla will use its Germany-based plant to demonstrate a radical overhaul of how its cars are built.

The company plans to start the production of Model Y at Gigafactory Berlin during the second half of 2021.

Tesla’s new battery cell – a larger cylindrical format called 4680 that can store more energy and

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Apple Contractor Foxconn Pushes Further Into Electric Vehicle Production

Foxconn Technology, the world’s biggest contract assembler of consumer electronics and main assembler of Apple products, says it has joined forces with a fellow Taiwanese hardware firm to delve further into electric vehicle production as the global market is set to grow.

The assembler founded by one of Taiwan’s richest people, billionaire Terry Gou, formed a “strategic alliance” with Yageo Group, Foxconn announced last week. The alliance will advance Foxconn’s fledgling electric vehicle business by sharing Yageo’s years of experience in EV components along with its knowhow in 5G technology and semiconductor packaging, the statement says.

“Through the cooperation with Hon Hai Group, we are able to enlarge mutual technological benefits and resource sharing to maximize the value of both groups and see multiple growths in the

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India approves local smartphone production incentives for Apple suppliers

The Indian government on Tuesday said it was going to approve incentives to 16 companies, including a trio of top Apple suppliers, under a new plan to boost domestic smartphone production.

Smartphone manufacturing has become a cornerstone of a broader push by India to position itself as an export hub for consumer electronics and other products. The so-called “Made in India” drive will see $6.65 billion allotted toward a product incentive scheme to encourage local smartphone manufacturing.

Of the 16 companies approved in the scheme, three are prominent Apple supply chain partners: Foxconn, Wistron, and Pegatron, according to Reuters. Those companies, all of which help produce various iPhone models, must invest in local manufacturing to earn the incentives, however.

Although the Indian government did not specify how much Foxconn, Wistron, and Pegatron plan to set aside for local production, a previous report suggested that they could invest a combined

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Production kicks off for fully-electric BMW iX3 in China

BMW’s Brilliance Automotive (BBA) joint venture in Shenyang, China has just birthed its first spawn, the fully-electric BMW iX3.

More than just an upscale urban driver, the ix3 ‘SAV’ (short for Sport Activity Vehicle) is notably the first fully electric vehicle in the BMW X electrified range, and also the first to come with an all-electric drive system for the brand.

BMW equips the all-electric crossover with a high-voltage battery sporting the latest cell technology. With 80 kWh total capacity, the battery can power the car up to 458kms on a single charge under the new WLTP (Worldwide Harmonised Light Vehicles Test Procedure) test cycle or approximately 520kms under the less-lenient NDEC (New European Driving Cycle) test. The same electric drivetrain will also be installed in the BMW iNEXT and i4’s 2021 versions.

As for the rest of the iX3’s performance numbers, the electric motor produces 286hp

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Live Hub Events is a Top-Rated Event Production and Technology Company in Orlando, FL That Provides Services Nationwide

Live Hub Events is a Top-Rated Event Production and Technology Company in Orlando, FL That Provides Services Nationwide

Orlando, FL – Created with the primary goal of making live and virtual events as easy as possible, Live Hub Events has become the first choice for private and corporate needs in Orlando and the surrounding areas. This prestigious event production and technology company is an agency that helps clients to professionally manage their events. Whether their clients are looking for live streaming services or high-quality audiovisual production, this specialized team from Live Hub Events combines many years of broadcast, videography, audiovisual, and photography experience, featuring the latest in audiovisual technology. 

Although having the presence of loved ones on a day as special as the wedding is everyone’s ideal situation, for different reasons it is not always possible for everyone to be physically present, especially in these uncertain times when economic and health problems have affected many families. Live Hub Events offers the ideal service to connect the couple with

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