Business Insights and Market Implications Summary

Retail Real Estate

• Mayfair Shopping Center (Commack, NY):
  • Added new tenants: Kids Empire (21,000 sq ft indoor playground) and My Gym (3,000 sq ft fitness center).
  • Kids Empire is the first Long Island location of a chain with over 100 locations.
  • Levin Management Corporation represented Mayfair's ownership.
  • The center attracts 2.3 million annual visitors and includes major retailers like Lidl, J.Crew Factory, Sephora, and Music & Arts.

EV Market Trends (April 2025)

• Overall vehicle deliveries rose in Q1 2025, but EV deliveries declined.
• Declining EV sales reported by:
  • Hyundai (Ioniq 5 & 6)
  • Kia (EV6 & EV9)
  • Subaru (Solterra)
  • Volvo (global BEV deliveries)
• Honda/Acura EV deliveries plateaued; Mazda had no EV deliveries in the U.S.
• Rivian, Nissan, Mercedes-Benz, BMW, Genesis, Dodge, and Toyota did not report monthly sales.
• GM reported overall deliveries up over 20%.

Stock Market Overview (May 5, 2025)

• S&P 500 futures retreated 0.4% after a 9-day rally.
• Oil prices dropped over 4% due to OPEC+ production hike (WTI at $55.80).
• Key earnings reports expected from: On Semiconductor, Tyson Foods, Loews, Mattel, Ford, Clorox, Palantir, Hims & Hers, and Rivian.

Electric SUVs for Off-Roading (2025-2027)

• 2025 Ford Mustang Mach-E Rally:
  • 480 hp, 700 lb-ft torque, 426 km range.
  • Price: $74,995.
• 2025 GMC Hummer EV SUV:
  • Dual (570 hp) or tri-motor (830 hp), four-wheel steering.
  • Range: 454-507 km. Price: $131,098-$147,197.

Electric Vehicle Revolution

• EVs are becoming mainstream with battery ranges exceeding 300 miles.
• Challenges include:
  • Battery degradation in early models.
  • Charging infrastructure limitations.
• Environmental benefits:
  • Lower lifetime emissions.
  • Improved urban air quality.
• Innovations: Solid-state batteries promising greater energy density and faster charging.

Top Electric Pickups of 2025

1. Rivian R1T:
   • 533-1,025 hp, 435-676 km range, 7,700-11,000 lbs towing.
   • 4.5-foot bed (extendable to 7 feet).
2. Ford F-150 Lightning:
   • 452-580 hp, 386-515 km range.
3. Chevrolet Silverado EV/GMC Sierra EV:
   • Silverado: 510-754 hp, up to 792 km range.
   • Sierra: More luxurious, lacks range of Silverado.

Rivian Supplier Park (Normal, IL)

• $16 million in state incentives: $5M tax break over 20 years and capital grant support.
• Project requirements:
  • Create 93+ full-time jobs.
  • $120 million investment by 2026.
• Aim: Strengthen supply chain and increase production for the R2 model.

Apple's Longevity by Design

• Emphasizes product longevity through reliability, software support, and repairability.
• R&D labs in Cork HQ focus on:
  • Testing extreme conditions (temperature, pressure, abrasion).
  • Advanced techniques like CT scans and electron microscopy for nanoscale analysis.
• Commitment to decarbonizing manufacturing by transitioning suppliers to renewable energy.