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Electric car price shrinks along with battery cost

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Every year, BloombergNEF’s advanced transport team builds a bottom-up analysis of the cost of purchasing an electric vehicle (EV) and compares it to cost of a combustion-engine vehicle of same size. The crossover point — when electric vehicles become cheaper than their combustion-engine equivalents — will be a crucial moment for the EV market. All things being equal, upfront price ...

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Next plane you board may rely on 3D printers

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Like the cotton gin and the modern assembly line, 3D printing is the kind of breakthrough advancement that holds the promise to revolutionise manufacturing. The technology lets companies input designs into a printer the size of a small garden shed and have it spit out fully formed, usable products or parts – often at a savings of time, manpower and ...

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US stocks slip as earnings disappoint; crude slides

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Bloomberg US stocks slipped as the latest results from major banks disappointed. Treasuries were little changed with the dollar. The S&P 500 Index halted a three-day advance as Goldman Sachs Group Inc retreated after missing estimates for sales and trading revenue. Citigroup Inc was little changed after its revenue matched expectations. The benchmark for American equities is near a six-month ...

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