Recycling can help fill battery materials shortages
Battery manufacturing scrap and spent EV and electronic device batteries provide a ready supply of needed materials
NHTSA closes preliminary evaluation of front suspension failure in Tesla vehicles
Safety agency said it closed the investigation as no instance showed that a failure of the part prevented the ability to control the vehicle in testing and reported instances of failure.
Lab-grown poultry producer challenges state’s ban on ‘cultivated’ meat
TALLAHASSEE — A California-based producer of lab-grown poultry filed a federal lawsuit Tuesday challenging a new Florida ban on selling or manufacturing “cultivated” meat.
UPSIDE Foods, Inc., contends, in part, that the law violates a constitutional prohibition on favoring in-state businesses over out-of-state competitors.
“We’re not looking to replace conventional meat, which will always have a place on our tables,” Uma Valeti, a cardiologist who founded UPSIDE in 2015, said during a conference call Tuesday with reporters. “We want to give consumers a choice, a choice so they can eat cultivated meat or conventional meat, any choice they can make in the future to keep up with the demand for meat that will double by 2050.”
The lawsuit, filed in the federal Northern District of Florida, names as defendants state Agriculture Commissioner Wilton Simpson, Attorney General Ashley Moody and four state attorneys. Simpson, a key supporter of the law, called the lawsuit “ridiculous” and said “lab-grown meat is not proven to be safe enough for consumers.”
Lexus EV concepts to make North American debut at Monterey Car Week
The Lexus LF-ZL and LF-ZC concept EVs feature styling cues and advanced technology that brand officials said will be coming to Lexus within the next several years.
Annual US inflation falls to 3-year low, clearing the way for the Fed to begin cutting rates
By CHRISTOPHER RUGABER
WASHINGTON (AP) — Year-over-year inflation reached its lowest level in more than three years in July, the latest sign that the worst price spike in four decades is fading and setting up the Federal Reserve for an interest rate cut in September.
Wednesday’s report from the Labor Department showed that consumer prices rose just 0.2% from June to July after dropping slightly the previous month for the first time in four years. Measured from a year earlier, prices rose 2.9%, down from 3% in June. It was the mildest year-over-year inflation figure since March 2021.
The ongoing inflation slowdown could affect the presidential campaign, given that former President Donald Trump has highlighted rampant inflation as a key failing of the Biden administration and its energy policies. Vice President Kamala Harris has said she would soon unveil new proposals to “bring down costs and also strengthen the economy overall.”
The government said nearly all of July’s inflation reflected higher rental prices and other housing costs, a trend that, according to real-time data, is easing. As a result, housing costs should rise more slowly in the coming months, contributing to lower inflation.