17 min
Stricter EPA Rules, Blue Oval City Rising, Jobs and Perks Dwindling The Automotive Troublemaker w/ Paul J Daly and Kyle Mountsier
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- Business
It’s a great Monday to make some trouble as we talk about this weeks anticipated EPA rules on tailpipe emissions, some details on Fords innovative new plant, as well as the job and job perk situation that is changing rapidly.
"We're going back to how Henry Ford set up the assembly line, we're going to do more of this ourselves." says Ford CEO Jim Farley about the company’s new “Blue Oval City” manufacturing plant in west Tennessee also calling it a “marvel of simplicity”The plant is the first the company has built in 50 years and is scheduled to open in 2025 and to produce 500k vehicles in a space that is 30% smaller than other Ford plants that have the same capacityFord and partner SK Innovation will operate a battery plant at BlueOval City, building battery cells, arrays, and assembling battery packs.The site will also be carbon neutral, use geothermal, and won’t require any fresh waterSometime this week The Biden administration is expected to propose extensive new limits on vehicle tailpipe emissions, pushing U.S. automakers towards majority electric-vehicle sales. Will likely cover 2027-2032 model years and will potentially exceed President Biden's initial target of 50% of all new vehicle sales being electric-powered by 2030. The current percentage of EV sales is sitting around 6%.The Alliance for Automotive Innovation, a lobbying group that represents GM, Ford, Toyota Motor Corp. and other major car companies, said in a statement that they expect the new rules to be released but didn’t specify detailsThe group noted such a transition will require a seismic shift in the way Americans drive and cited a Mckinsey study which highlighted a $35B investment in charging infrastructure needed to accommodate such a shiftAs the tech industry faces unprecedented job losses, Silicon Valley veterans are forced to reset their careers, opting for stability over status. Positions at giants like Meta and Amazon are giving way to roles at smaller firms, tech jobs at non-tech companies, and freelance consulting. “The majority of folks that have been laid off from big tech companies, they’ve been disillusioned,” said Chris Rice, a partner with Riviera Partners, an executive-search firm that places leadership talent in software-engineering, product-management and design positions.This comes as last months jobs report missed expectations for the first time in a yearJob openings fell to 9.93 million, the first sub-10 million total in nearly 10 years Other signs of cutbacks on costs being reported as Google pairs back on work from home equipment, limits free meals, and eliminates other lavish perks the company has been known for like in-office massages and laundry services. Hosts: Paul J Daly and Kyle Mountsier
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Read our most recent email at: https://www.asotu.com/media/push-back-email
It’s a great Monday to make some trouble as we talk about this weeks anticipated EPA rules on tailpipe emissions, some details on Fords innovative new plant, as well as the job and job perk situation that is changing rapidly.
"We're going back to how Henry Ford set up the assembly line, we're going to do more of this ourselves." says Ford CEO Jim Farley about the company’s new “Blue Oval City” manufacturing plant in west Tennessee also calling it a “marvel of simplicity”The plant is the first the company has built in 50 years and is scheduled to open in 2025 and to produce 500k vehicles in a space that is 30% smaller than other Ford plants that have the same capacityFord and partner SK Innovation will operate a battery plant at BlueOval City, building battery cells, arrays, and assembling battery packs.The site will also be carbon neutral, use geothermal, and won’t require any fresh waterSometime this week The Biden administration is expected to propose extensive new limits on vehicle tailpipe emissions, pushing U.S. automakers towards majority electric-vehicle sales. Will likely cover 2027-2032 model years and will potentially exceed President Biden's initial target of 50% of all new vehicle sales being electric-powered by 2030. The current percentage of EV sales is sitting around 6%.The Alliance for Automotive Innovation, a lobbying group that represents GM, Ford, Toyota Motor Corp. and other major car companies, said in a statement that they expect the new rules to be released but didn’t specify detailsThe group noted such a transition will require a seismic shift in the way Americans drive and cited a Mckinsey study which highlighted a $35B investment in charging infrastructure needed to accommodate such a shiftAs the tech industry faces unprecedented job losses, Silicon Valley veterans are forced to reset their careers, opting for stability over status. Positions at giants like Meta and Amazon are giving way to roles at smaller firms, tech jobs at non-tech companies, and freelance consulting. “The majority of folks that have been laid off from big tech companies, they’ve been disillusioned,” said Chris Rice, a partner with Riviera Partners, an executive-search firm that places leadership talent in software-engineering, product-management and design positions.This comes as last months jobs report missed expectations for the first time in a yearJob openings fell to 9.93 million, the first sub-10 million total in nearly 10 years Other signs of cutbacks on costs being reported as Google pairs back on work from home equipment, limits free meals, and eliminates other lavish perks the company has been known for like in-office massages and laundry services. Hosts: Paul J Daly and Kyle Mountsier
Get the Daily Push Back email at https://www.asotu.com/
JOIN the conversation on LinkedIn at: https://www.linkedin.com/company/asotu/
Read our most recent email at: https://www.asotu.com/media/push-back-email
17 min