Latest news with #837
TimesLIVE
09-05-2025
- Automotive
- TimesLIVE
Nissan abandons plan for $1.1bn EV battery plant in southern Japan
Nissan Motor said on Friday it would abandon a plan to build a $1.1bn (R20,069,224,230) factory for electric vehicle batteries on Japan's southwestern island of Kyushu, marking the latest change of plans for the troubled carmaker. Japan's third-biggest carmaker had announced in January the plan for a lithium iron phosphate (LFP) battery plant in the city of Kitakyushu that was set to create about 500 jobs with an investment of ¥153.3bn (R19,153,837,500). "Nissan is taking immediate turnaround actions and exploring all options to recover its performance," the company said about the decision, indicating a willingness at Nissan to scale back its domestic market ambitions. "After careful consideration of the investment efficiency, we have decided to cancel the construction of a new LFP battery plant in Kitakyushu City, Fukuoka Prefecture." The Japanese government had earmarked a subsidy of up to ¥55.7bn (R6,983,632,580) for the project. The plant was supposed to start supply in July 2028 or later and have an annual production capacity of 5GWh, materials posted on Japan's industry ministry's website showed. New CEO Ivan Espinosa, who took over from Makoto Uchida last month, is restructuring Nissan's operations. The company is shedding employees, reducing production capacity and closing plants. Nissan said last month it expects a record net loss of ¥700bn (R12,764,640,000,000) to ¥750bn (R94,042,200,000) for the financial year that ended in March due to impairment charges. The company is set to provide its outlook for the financial year and update on its recovery actions when it announces full-year financial results on Tuesday.
Fox Sports
19-03-2025
- Sport
- Fox Sports
Braves sign 9-time All-Star closer Craig Kimbrel to minor league deal
Associated Press ATLANTA (AP) — Nine-time All-Star closer Craig Kimbrel is attempting to revive his career with the Atlanta Braves, his original team. Kimbrel and catcher James McCann have agreed to minor league contracts, the team confirmed on Wednesday. Kimbrel will remain at the Braves spring training site when the season opens March 27, then will report to Triple-A Gwinnett. Kimbrel, a 36-year-old right-hander, was released by the Baltimore Orioles on Sept. 24 with a 5.33 ERA and six blown saves in 29 chances. The right-hander has pitched in 837 games and his 440 saves rank fifth. The Braves are set to open the season with 35-year-old right-hander Raisel Iglesias as their closer. Iglesias had 34 saves in 38 chances with a 1.95 ERA last season. Kimbrel was drafted by the Braves in 2008 and made his major league debut in 2010. He led the National League in saves in four consecutive seasons, beginning with his 46 in 2011 when he was voted Rookie of the Year and capping that stretch with 47 in 2014. He set a career high with 50 saves in 2013. Kimbrel also has pitched for San Diego, Boston, Chicago Cubs, Chicago White Sox, Los Angeles Dodgers and Philadelphia, where he made his last NL All-Star team in 2023. The Braves also confirmed a minor league contract with McCann, a 34-year-old who hit .234 with eight homers for the Orioles last year in the final season of a $40.6 million, four-year contract he signed with the New York Mets. McCann was a 2019 AL All-Star with the Chicago White Sox. He made his major league debut with Detroit in 2014. He has a .241 career batting average in 11 seasons, including the 2021-22 seasons with the Mets. The Braves released 38-year-old left-hander Jake Diekman, who had a 4.91 ERA over 7 1/3 innings in seven spring training appearances. Diekman, who had a 5.63 ERA with the Mets in 2024, was competing for a bullpen spot. ___ AP MLB: recommended
Yahoo
17-02-2025
- Automotive
- Yahoo
Here's when CapMetro's new rapid bus lines debut this year
AUSTIN (KXAN) — All aboard: CapMetro will debut its newest rapid bus lines later this month as part of the Project Connect mass transit system's expansion work. The two new MetroRapid lines are the 800 Pleasant Valley and 837 Expo Center lines. Riders will be able to begin taking those routes on Feb. 23, CapMetro officials confirmed in a Monday release. PAST COVERAGE: CapMetro gears up for new Pickup, MetroRapid bus services in 2025 Both the 800 and 837 lines focus on expanded transit access east of Interstate 35. The 800 Pleasant Valley line will transport riders between the Mueller neighborhood and Goodnight Ranch in southeast Austin, while the 837 Expo Center will operate between northeast Austin and downtown. Initially, the 800 Pleasant Valley line will stop at a temporary station at Vertex before its final expansion into the Goodnight Ranch Park & Ride. A similar temporary station endpoint is poised for the 837 Expo Centerline, which will debut with a temporary station at Decker before an end point at the Expo Center Park & Ride. In December, CapMetro officials said work was underway on both lines' park and rides, with end-of-line charging infrastructure planned for electric buses. Both the Expo Center and Pleasant Valley lines will launch operations with diesel vehicles before incorporating a 'strategic use of battery electric buses' as available, December CapMetro documents noted. The lines' full system rollouts are expected in 2026, CapMetro officials said Monday. This isn't the first of CapMetro's Project Connect enhancements to debut in 2025. Area transit leaders celebrated the introduction of the Decker Pickup Zone in late January, an on-demand service helping provide connection points to area schools, grocers, businesses, recreation sites, and other amenities. The Decker Pickup Zone marked the 12th in the CapMetro system, providing transport between the Decker Lane and Daffan Lane areas east of U.S. Hwy. 183. The CapMetro Pickup service runs as a curb-to-curb shared shuttle service, offering on-demand service within the service zone and connecting riders to other transit stops linking to the larger CapMetro system. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
