First Rolls-Royce EV to be badged Spectre
Rolls-Royce has teased its first series-production electric car, with a plan to put it into production in late 2023. Called Spectre, the carmaker will soon commence on-road testing of the upcoming EV.
The teaser images reveal a car similar to the Wraith, with a two-door design replete with a long bonnet and fastback roofline. Like the new Ghost and Cullinan, the new EV will be underpinned by Rolls-Royce’s new modular ‘Architecture of Luxury’ aluminium spaceframe.
Company CEO Torsten Müller-Ötvös has said the platform is “scalable and flexible”, allowing for its use in a variety of vehicle segments, and it “was created to form the foundation of not just different internal combustion engine models, as it now does with Cullinan and Ghost, but models with completely different powertrains.”
The company, though, has remained quiet on the new electric vehicle’s powertrain, though Ötvös revealed that the car will undergoing intensive testing on roads.
As for the design of the final product, Ötvös has suggested the production car will be close to the prototype in design. “It will be tested in plain sight and our clients will take first deliveries of the car in the fourth quarter of 2023.”
The company also revealed its plans to switch to an EV-only line up by 2030.
Opinion | Of Vaccine Mandates and Facing Reality
By Paul Krugman
Opinion | This Is Why We Need to Spend $4 Trillion
By David Brooks
Vemondo Vegan Crabless Mini Crabcakes By Lidl Recalled
Cuisine Innovations Unlimited, LLC is recalling certain Vemondo Vegan Crabless Mini Crabcakes by Lidl citing the possible presence of undeclared egg yolks, a known allergen, the U.S. Food and Drug Administration said.
The affected Vegan Crabless Mini Crabcakes comes in an 8.5-ounce, 6-piece box marked with various lots. These include 23021 with Exp. Date 2/17/2023; 23121 with Exp. Date 2/18/2023; and 23821 with Exp. Date 2/25/2023. The UPC Code is: 4056489310402.
The recalled crabcakes by Lidl would have been shipped to stores after August 20, 2021. They were distributed in retail stores along the East Coast, comprising Delaware, Georgia, Maryland, New Jersey, New York, North Carolina, Pennsylvania, South Carolina, and Virginia.
The recall was initiated after it was discovered that the egg yolk-containing product was distributed in packaging that did not reveal the presence of egg yolks.
According to the agency, people who have allergies to eggs may get serious or life-threatening allergic reaction if they consume these products.
However, the Lakewood, New Jersey-based company has not received any reports of illnesses related to the recalled products to date.
There has been no further production of this product.
Consumers are urged to return the products to the place of purchase for a full refund.
In similar recalls, Giant Eagle called back Chicken Street Taco Kits and Primary Colors Design Corp. recalled certain Peppa Pig Chocolate Chip Cookies Gable Box, both in May, citing the possible presence of undeclared eggs.
Oil Futures Settle Higher
Crude oil futures settled higher on Thursday, lifted by reports that China has ordered state-owned energy companies to secure winter supplies.
Oil also found support on reports that Citigroup expects oil balances to be in a 1.5 million-barrel-per-day deficit on average over the next six months, even with continued supply increases.
West Texas Intermediate Crude oil futures for November ended higher by $0.20 or about 0.3% at $75.03 a barrel.
Brent futures were up $0.16 or 0.19% at $78.25 a barrel a little while ago.
WTI futures gained about 9.5% in September. In the latest quarter, oil futures gained 2.1%.
Data released by U.S. Energy Information Administration (EIA) on Wednesday showed crude stockpiles increased by about 4.6 million barrels in the week ended September 24, rising for the first time in eight weeks. Markets had expected crude stockpiles to see a drop of 4.5 million barrels in the week.
The EIA’s report also showed gasoline inventories rose by 200,000 barrels last week versus an expected increase of about 700,000 barrels. Distillate stockpiles rose by 400,000 barrels compared to an expected decline of 2.2 million barrels.
Traders now await a meeting of the Organization of the Petroleum Exporting Countries and its allies, collectively called OPEC+, on Monday. The group is meeting to decide on crude production levels.
The group is widely expected to hold to a pact on adding 400,000 barrels per day (bpd) to their output for November.
Democratic Rep Knocks It Out Of The Park With Response To GOP’s Baseball Win
Republicans beat Democrats 13-12 in the annual Congressional Baseball Game at Nationals Park on Wednesday.
And Rep. Ro Khanna (D-Calif.) mocked the GOP victory with some familiar turns of phrase, jokingly contesting the result with language similar to that used by former President Donald Trump and his enablers to question the 2020 election.
“I don’t care if the scoreboard said Republicans 13, Democrats 12. Democrats won!” Khanna wrote. “The Republicans stole the game! I demand a recount! I want an audit! Democrats must introduce new rules to make it more difficult for Republicans to hit, run, score, and catch the ball for outs.”
Others on Twitter issued similar mocking responses:
Watch the game here: