Tesla’s Shanghai Gigafactory Revs Up

Tesla is preparing to upgrade its Gigafactory in Shanghai to produce 21,000 electric vehicles per week.

The upgrade will run from July to August, and is intended to increase Tesla’s weekly output of its Model Y SUV and Model 3 sedan by 5,000 and 2,200 respectively. Vehicles produced at Shanghai will be exported to other Asian markets, Oceania, and Europe, meeting a market demand of over 1 million electric vehicles per year.

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Instacart Gets Closer to Insta-Delivery

Instacart is building micro-fulfillment warehouses in Atlanta and Miami to provide 15-minute local deliveries to customers of Publix Supermarket.

In addition, Instacart will provide Publix with key metrics such as order volume, out-of-stocks and buying trends to help the retailer better understand its ecommerce business and performance.

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This post is based on the Retail Wire article, Instacart is […]

Lyft Divests Autonomous Driving Unit

To save operating expenses in areas beyond its core ride-sharing business, Lyft has agreed to sell its autonomous-driving unit to Toyota.

The divestment will allow Lyft to partner with Toyota to develop vehicles for its autonomous ride-hailing networks.  The partnership will further the companies’ mission to advance mobility technologies on a global scale.

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This post is based on the Industry Week article,

Hershey’s To Manufacture Its Own Masks

Hershey is investing $1 million to acquire new production capabilities to make face masks for its employees and their families as a response to the COVID-19 pandemic.

Unlike other food and beverage companies that retrofit existing equipment for personal protective equipment (PPE) production, Hershey is expanding its capabilities to keep both chocolate and PPE manufacturing operations running.  This way Hershey ensures a safe and clean working environment for continual operations as well as providing relief for much needed face masks to […]

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