It’s an ambitious schedule given that Virgin only returned to the sky last September. However, it’ll be necessary if the company expects to fulfill its current vision. Branson reiterates that he hopes to start commercial passenger service by the end of 2018, and he’ll embark on his own flight by the middle of that year. The big question is whether or not Virgin will make that schedule in the first place. It’s clear that the outfit has learned some lessons in recent years, but there’s not much leeway in that timetable — it wouldn’t take much to delay the first paid flight by months.
LG is opening Europe’s largest factory for building lithium-ion batteries destined for use in electric cars, the company announced. Its LG Chem division is going to open the doors for the facility in 2019 in Poland near Wroclaw, per Reuters, and the facility will be able to supply as many as 100,000 EV batteries per year beginning from next year. For comparison, Panasonic’s… Read More