McLarens latest 720S is electric… and also a rideon toy for children

first_img Tags 0 In addition to a functional brake pedal and brake light, there’s also a freakin’ infotainment system, which has USB and SD card inputs for playing music or even watching a video. The car comes with popular kid’s songs built into the system, and the screen can also display pertinent information like the toy’s range (probably not much). There’s also a remote control so parents can give their children an “autonomous” experience, in case their driving skills aren’t yet trusted.While it’s definitely affordable by McLaren’s usual standards, it’s still on the expensive side for new parents, with a starting price of £315 (about $400). But then again, how many other ride-on toys come with engine sounds and an infotainment system? McLaren 720S: Too much supercar for the road? Car Culture Toys and Tabletop Games Enlarge ImageI wonder what the weight rating is. Asking for a friend, of course. McLaren In 2016, McLaren introduced its first all-electric car, a ride-on children’s toy modeled after its P1 hypercar. Now, there’s a second car in its lineup, and while the general idea is the same, there’s even more tricks hidden away in its latest offering.McLaren on Thursday unveiled the 720S Ride-On. Similar to the powered-wheel toys you see at the store that I will not name specifically out of trademark concerns, this new “car” aims to recreate the McLaren experience even more faithfully than the P1 Ride-On before it… within reason, of course.The 720S Ride-On can be purchased in one of eight different McLaren paint colors, including a launch edition with the automaker’s always-cool Papaya Spark hue. Like the 720S, it has dihedral doors that open and close, and the whole exterior looks pretty close to the real thing. The electric motor requires a key to start, and the toy pipes in proper engine noises to make it feel more like the real thing. 11 Photos 8:39 Now playing: Watch this: More about 2018 McLaren 720S Preview • 2018 McLaren 720S: Too much and just enough all at once 2020 McLaren 720S Spider review: Treat yo self Review • 2018 McLaren 720S: Raw power meets refined performance Share your voice McLaren Post a comment More From Roadshow 2019 Acura NSX review: Hitting its stride McLaren 720S Ride-On has its own infotainment system 2019 McLaren 600LT: Balanced and bonkers McLarenlast_img read more

Reliance Industries bucks bearish trend to hit 18month high

first_imgWhile the benchmark stock indices plunge to multi-month lows due to fears over China’s turbulent markets, Reliance Industries Ltd (RIL) shares hit an 18-month high on the bourses, supported by improving prospects for the company in 2016.The stock price of RIL ended 2.7% higher at Rs 1,052 on the Bombay Stock Exchange (BSE) on Monday, reaching its highest levels since 24 June, 2014.Overall, the stock gained 6% in the past one week compared to a 3% decline in the benchmark indices. The BSE S&P Sensex closed at a 19-month low of 24,825 points.Analysts attribute the rally in RIL to its positive earnings growth outlook on the back of improvement in its gross refining margins (GRM).”We expect RIL to earn a premium of around $3 per barrel over the Singapore GRM taking the Q3FY2016 GRM to $11 per barrel from $10.6 per barrel in Q2FY2016. The capacity addition in the high-margin petrochemical business would further boost the profitability,” Business Standard quoted brokerage Sharekhan as saying in a Q3FY2016 earnings preview.Another brokerage, CLSA, expects RIL’s earnings before interest, tax, depreciation and amortisation (Ebitda) to increase 50% in the next two years.CLSA maintains a “strong buy” on RIL as the Mukesh Ambani-led business conglomerate is set to commission projects worth $30 billion in 2016.RIL had announced to $55 billion till 2018 to expand capacity in petrochemicals, refining and launch its telecom arm Reliance Jio. Reliance Jio is expected to roll out its 4G services in the next fiscal year. Last month, Reliance Jio had launched its services initially for the group’s employees.CLSA expects the market capitalisation of RIL to go up 25% from current level if its telecom arm manages to acquire 10 crore subscribers in the first year of its launch, reported The Economic Times.Foreign Institutional Investors (FIIs), who have stayed away from the stock for the past few years due to its high capital expenditure and investment in the telecom business, are expected to increase their exposure to it.”Reliance Industries is our top pick in the oil and gas space and the main reasons for it is a fact that the two large projects commencing operations in the next fiscal — the gas cracker and the petro gasification — have the potential to double the earnings before interest, taxes, depreciation and amortisation (EBITDA) of their core business of petrochemicals and refining in the next three to four years. Along with it, the retail business is doing well,” Prayesh Jain, AVP – Research at IIFL, told CNBC-TV18.last_img read more

Caribbean Islands Begin Preparations For Hurricane Irma

first_imgNASA/NOAA via APThis enhanced satellite image made available by the NOAA GOES Project shows Irma, in the middle of the Atlantic Ocean on Saturday, Sept. 2, 2017 at 1:45 p.m. In the wake of Harvey, meteorologists are already looking warily at another system: Hurricane Irma, which intensified from a tropical storm to a major hurricane in just 30 hours, is steadily moving west across the Atlantic.Islands at the eastern end of the Caribbean Sea made preparations Sunday for approaching Hurricane Irma, a Category 3 storm that could threaten the area beginning Tuesday.Hurricane watches were posted for Antigua and Barbuda, Anguilla, Monserrat, St. Kitts and Nevis, St. Martin, Guadeloupe and the British Virgin Islands.The U.S. National Hurricane Center said the storm could near that region late Tuesday. It said islands farther north, including the U.S. Virgin Islands and Puerto Rico, should monitor the progress of the storm.The Antigua and Barbuda weather service said Irma was expected to bring heavy rains, rough surf and high winds to islands along the northern edge of the Antilles.Long-range forecasts indicated Irma likely would curve to the northwest beginning late Monday and skirt to the north of those islands on a path that could potentially take it to the U.S. East Coast, but it was too early to make a definitive prediction.Antigua’s prime minister, Gaston Browne, urged people to take preventative measures in case the storm should hit, including cleaning drains and removing objects that could be sent airborne by high winds. Workers began pruning trees and shrubs to reduce chances for branches to tear down power and phone lines.“The passage of a hurricane is not a matter to be taken lightly, but we must not panic,” Browne said in a statement.The U.S. hurricane center said Irma had maximum sustained winds of 115 mph (185 kph) Sunday night and some strengthening was expected over the next two days. The storm was centered about 710 miles (1,145 kilometers) east of the Leeward Islands and moving west-southwest at 14 mph (22 kph).Puerto Rico’s governor, Ricard Rossello, said government agencies in the U.S. territory were prepared to deal with any emergencies caused by the storm.“We have established protocols for the safety of all,” he said at a news conference, while he also urged islanders to take precautions.In the Dominican Republic, Public Works Minister Gonzalo Castillo said workers there were clear away road works and also clean out blockages of sewer drains. He said President Danilo Medina would lead a meeting with emergencies agencies on Monday to discuss storm preparations. Sharelast_img read more

Edison International In Process of Launching Photovoltaic Project on Roof Tops

first_img This document is subject to copyright. Apart from any fair dealing for the purpose of private study or research, no part may be reproduced without the written permission. The content is provided for information purposes only. In an exclusive interview with John Bryson, Chairman and CEO of Edison International by CNBC reporter, Dylan Ratigan explained a new direct method of delivering solar energy. The process is called Photovoltaic technology,which means it converts sun energy directly into power within the solar cell. The unique aspect of this project, as explained by John Bryon involves leasing about 2 ½ miles of rooftops in the hotter regions of Southern California. The roof tops will be fitted with thin-film solar cells and have the ability to literally dump electricity into the surrounding community. The communities have been preselected to include areas where Southern California Edison has a growing customer base. The advantage of the photovoltaic technology is that it does not require a separate transmission station or added fuel costs. The thin-cell solar manufacturers has not been determined at this time.According to Mr. Bryson, the Photovoltaic Roof Top Project is planning to be up and running in its initial phase by this Summer. The process when it begins can almost immediately begin to produce electricity to relieve the additional burden of air conditioning and the like during the hot season. The cost of the project is estimated to be 875 million dollars. The advantage to Edison and its customers is the ability to eventually according to large scale production reduce the cost of energy. Mr. Bryson estimates the new technology on a large scale is cost effective because other methods like natural gas, coal and hydro sources require additional expenditures for transmission and fuel. The State of California is at the forefront of legislation concerning alternative energy sources and has set a mandate that 20 percent of all electricity must be generated by alternative energy sources by 2010. According to Mr. Bryson, Edison International and its subsidiaries are in complete accord with energy conservation. Edison International , local economies, customers and manufacturers may see big dividends in the future for their investment in energy conservation. The project is the single largest solar energy project of its kind on a world-wide basis. See video at: www.cnbc.com/id/15840232?video=698312659 The competitive benefits of a modern energy system Edison International plans to launch a roof top photovoltaic solar project. The process requires no fuel or a transmission station to operate. The plans include an initial phase to be up and running by Summer, 2008. center_img Citation: Edison International In Process of Launching Photovoltaic Project on Roof Tops (2008, March 28) retrieved 18 August 2019 from https://phys.org/news/2008-03-edison-international-photovoltaic-roof-tops.html Explore furtherlast_img read more