July 10, 2022

Track-condo project called Motorsports Gateway Howell planned for southeast Michigan

A $60 million project that will feature garage condominiums along a 2.2-mile European-design driving circuit is getting underway in Michigan. The developer of an “automotive country club” called Motorsports Gateway Howell says 75 percent of the 92 garage condos are reserved and that it aims to have the track ready for members to drive on …

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EV startup Canoo shows EVs it’s developing for NASA

Electric vehicle startup Canoo has provided its first look at the transport vehicle it’s developing for NASA’s project to return astronauts to the moon. Canoo, based in Arkansas, showed off the vehicles it won a contract to supply within the next year in two Instagram posts. The vehicles are designed to have enough room for …

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BMW, BASF say new vehicle paints will be eco-friendly

It’s clean, it’s environmentally kind and it’s utterly indistinguishable from ordinary car paint. But sometimes a technological innovation just makes you blink. BMW and the global coatings supplier BASF are partnering to create vehicle paints out of bio-waste from sewage treatment plants. The organic material replaces traditional petroleum-based building blocks, such as naphtha. The solution …

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The Week in Business: A Rude Awakening for Start-Ups

What’s Up? (July 3-9) A Verdict on Theranos and Silicon Valley Culture For many tech start-ups, the era of seemingly endless optimism and immunity — from scrutiny, skepticism and, most of all, serious legal consequences — began to fray when an exposé on the blood-testing company Theranos was published in 2015 that raised questions about …

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