costs

3Apr

By THEIRL1ADMIN01No Comments

TECHNOLOGY

The road to electric vehicles with lower sticker prices than gas cars – battery costs explained

Electric vehicle sales have grown exponentially in recent years, accompanied by dropping prices. However, adoption of EVs remains limited by their higher sticker price relative to comparable gas vehicles, even though overall cost of ownership for EVs is lower. EVs and internal combustion engine vehicles are likely to reach sticker price parity sometime in the next decade. The timing hinges on one crucial factor: battery cost. An EV’s battery pack accounts for about a quarter of total vehicle cost, making it the most important factor in the sales price. Battery pack prices have been falling fast. A typical EV battery pack stores 10-100 kilowatt hours (kWh) of electricity. For example, the Mitsubishi i-MIEV has a battery capacity of 16 kWh and a range of 62 miles, and the Tesla model S has...

How Racism Hinders Care And Costs Lives Of African Americans In US Health System

As the COVID-19 pandemic swept across the U.S., the virus hit African Americans disproportionately hard. African Americans are still contracting the illness – and dying from it – at rates twice as high as would be expected based on their share of the population. In Michigan, African Americans are only 14% of the population, but account for one-third of the state’s COVID-19 cases and 40% of its deaths. In some states the disparities are even more stark. Wisconsin and Missouri have infection and mortality rates three or more times greater than expected based on their share of the population. Speculation has suggested these disproportions are due to several factors: African Americans are more likely to live in poor neighborhoods, work at riskier occupations, and have more underlying health...

Printer problem: HP says to slash up to 9,000 jobs to cut costs

HP estimates that it can save $1bn by the end of its 2022 fiscal year, but the restructuring will also cost it $1bn. Personal computer and printer maker HP Inc said on Thursday it would cut up to 16 percent of its workforce as part of a restructuring plan aimed at cutting costs. The company will cut about 7,000 to 9,000 jobs through a combination of "employee exits and voluntary early retirement", it said in a statement. HP estimates that it will be able to save about $1bn by the end of its 2022 fiscal year, which ends on October 31. The company had about 55,000 employees worldwide as of October 2018, according to a filing with the US Securities and Exchange Commission. That would mean the company wants to reduce its workforce by up to 16 percent through the c...