Motor - eriinfo

Beta stock jumps on motor deal with air taxi maker Eve Air Mobility

eriinfo.com3 weeks ago01 mins

Beta Technologies shares surged more than 8% after air taxi maker Eve Air Mobility announced an up to $1 billion deal to buy motors from the Vermont-based company. Eve, which was started by Brazilian airplane maker Embraer and is now under Eve Holding, said the manufacturing deal could equal as much as $1 billion over…

Honda Motor quarterly profit halves, missing estimates as U.S. auto tariffs bite

eriinfo.com5 months ago07 mins

A sign marks the location of a Honda dealership in Libertyville, Illinois, on Dec. 18, 2024. Scott Olson | Getty Images Japanese auto giant Honda‘s first-quarter operating profits fell 50% year over year on Wednesday, missing estimates due to U.S. auto tariffs and a stronger yen. Here are Honda’s results compared with the mean estimates…