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_ford-turns-focus-to-hybrid-vehicles.webp "Ford announced it will be delaying production of its all electric large SUV and pickup truck. Instead, the company will focus its efforts on new hybrid options across the North American line up.The Detroit based company said it will continue its investment in electric vehicles as it pushes back production of its T3 pick ups and the new three row EV SUV.")
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_ceo-larry-culp39s-overhaul-of-ge-will-make-him-a-billionaire.webp "When Larry Culp stepped into the CEO role at General Electric in 2018, he was the first outsider to lead the iconic company. Founded by Thomas Edison in 1892, GE had morphed over more than a century into a sprawling conglomerate that was struggling under $135 billion in debt.<br/><br/>One of Culp’s predecessors had made a costly acquisition bet, investors had fled, and the company’s market cap had shrunk to $70 billion, down more than half a trillion dollars from August 2000, when it was the most valuable company in the world. Culp turned GE’s board down twice before accepting the CEO job, but ultimately extracted a multimillion-share incentive package linked to GE’s share price. At the time, CNBC’s Jim Cramer said it was “the best performance-oriented contract I’ve ever seen.”<br/><br/>Spoiler alert: It paid off.<br/><br/>Read the full story on Forbes: https://www.forbes.com/sites/sarahwhitmire/2024/03/31/general-electric-ceo-larry-culp-to-join-small-club-of-billionaire-executives/?sh=7902b57d449b<br/><br/>Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1<br/><br/>Fuel your success with Forbes. Gain unlimited access to premium journalism, including breaking news, groundbreaking in-depth reported stories, daily digests and more. Plus, members get a front-row seat at members-only events with leading thinkers and doers, access to premium video that can help you get ahead, an ad-light experience, early access to select products including NFT drops and more:<br/><br/>https://account.forbes.com/membership/?utm_source=youtube&utm_medium=display&utm_campaign=growth_non-sub_paid_subscribe_ytdescript<br/><br/>Stay Connected<br/>Forbes newsletters: https://newsletters.editorial.forbes.com<br/>Forbes on Facebook: http://fb.com/forbes<br/>Forbes Video on Twitter: http://www.twitter.com/forbes<br/>Forbes Video on Instagram: http://instagram.com/forbes<br/>More From Forbes:http://forbes.com<br/><br/>Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.")
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_the-bmw-i4-highlights.webp "The BMW i4 brings fully electric mobility to the premium midsize class for the first time – and, in so doing, to the core of the BMW brand. The BMW i4 combines a particularly sporting take on locally emission-free driving pleasure with the spaciousness and practicality of a four-door gran coupé. Fifth-generation BMW eDrive technology, the new BMW iDrive and a large selection of driver assistance systems mark out its progressive character.<br/><br/>The BMW i4 is available in two model variants from launch, one of which is the first ever BMW M car with a locally emission-free drive system. The BMW i4 M50 employs an electric motor at both the front and rear axle to produce system output of 400 kW/544 hp. The richly engaging driving pleasure on offer ensures it lives up to its billing as the performance-focused work of BMW M GmbH. The BMW i4 eDrive40 combines a 250 kW/340 hp electric motor with classical rear-wheel drive.")
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