PFIZER & BIOTECH SUBMIT REQUEST TO US FDA TO EXPAND EMERGENCY USE AUTHORIZATION OF COVID 19-VACCINE TO ADOLESCENTS

Pfizer News Filer

BREAKING: Today, we requested amendments to the U.S. Emergency Use Authorization of the Pfizer-BioNTech #COVID vaccine to expand use to adolescents 12-15 years. This request is based on data from our pivotal Phase 3 trial which demonstrated 100% efficacy and robust antibody response after vaccination. In this analysis, the vaccine was well tolerated with side effects generally consistent with those observed in participants 16-25 years of age. We plan to request similar rulings by other regulatory authorities worldwide in coming days.

Pending regulatory decision, our hope is to make the vaccine available to the 12-15-year-old age group before the start of the 2021 school year.

Learn more about this important step: https://on.pfizer.com/3wFvArj

The Pfizer-BioNTech COVID-19 vaccine has not been approved or licensed by the US FDA, but has been authorized for emergency use by FDA, under an Emergency Use Authorization (EUA) to prevent COVID-19 for use in individuals 16 years and older. The emergency use of this product is only authorized for the duration of the declaration that circumstances exist justifying the authorization unless the declaration is terminated or authorization revoked sooner. Please see EUA Fact Sheet at www.cvdvaccine.com

Pfizer

FIRST-EVER CHEVROLET SILVERADO ELECTRIC PICKUP AND GMC HUMMER EV SUV TO BE BUILT AT GM’S FACTORY ZERO PLANT

General Motors

DETROIT – General Motors President Mark Reuss today announced Chevrolet will introduce a Silverado electric pickup truck that will be built at the company’s Factory ZERO assembly plant in Detroit and Hamtramck, Michigan. Reuss also confirmed the recently revealed GMC HUMMER EV SUV will be built at Factory ZERO.

GM plans to deliver more than 1 million electric vehicles globally by 2025 and earn EV market leadership in North America. With the company’s Ultium Platform, virtual development tools and technology, GM has reduced vehicle development times by nearly 50 percent to just 26 months.

The Chevrolet Silverado electric full-size pickup is designed from the ground up to be an EV, harnessing the best of the Ultium Platform and Silverado’s proven capability. The electric Silverado will offer customers a GM-estimated range of more than 400 miles on a full charge*.

Retail and fleet versions will offer customers a variety of options and are expected to be in high demand. Today’s announcement affirms Chevrolet’s commitment to build on the brand’s 100 years of truck expertise and leadership, while transitioning to an all-electric future in the light-vehicle space.

“The vehicles coming from Factory ZERO will change the world, and how the world views electric vehicles,” said Reuss. “The GMC HUMMER EV SUV joins its stablemate in the realm of true supertrucks, and Chevrolet will take everything Chevy’s loyal truck buyers love about Silverado — and more — and put it into an electric pickup that will delight retail and commercial customers alike.”

The 2024 HUMMER EV SUV is the next chapter in the HUMMER EV story, offering more options for customers to tailor the truck to their lifestyles, while continuing to encourage them to forge new paths with zero emissions. Driven by the Ultium Platform, the new HUMMER EV SUV launches with the exclusive Edition 1, offering greater customer choice to equip the vehicle for optimum efficiency or maximum off-road capability. GMC HUMMER EVs were envisioned to be the most capable and compelling electric supertrucks.

In January 2020, GM announced it was investing $2.2 billion in its Detroit-Hamtramck assembly plant to produce a variety of all-electric trucks and SUVs. In October 2020, GM renamed the plant Factory ZERO, which reflects the facility’s significance in advancing GM’s vision of a future with zero crashes, zero emissions and zero congestion. Factory ZERO is the launchpad for GM’s multi-brand EV strategy. The facility has advanced technology and tooling and was designed with a focus on sustainable manufacturing. The GMC HUMMER EV pickup and the Cruise Origin, a purpose-built, all-electric and shared self-driving vehicle will also be built at Factory ZERO. Production of the GMC HUMMER EV pickup will begin later this year.

Factory ZERO is undergoing a complete renovation and retooling, the largest ever for a GM manufacturing facility. The plant’s paint and body shops and general assembly area are receiving comprehensive upgrades, including new machines, conveyors, controls and tooling. The plant has expanded to over 4.5 million square feet.

General Motors has made several announcements in the last 18 months about rapidly driving toward its all-electric, zero-emissions future, including:

GM revealed the heart of its EV strategy, a modular propulsion system and highly flexible global EV platform powered by proprietary Ultium batteries that will allow the company to compete for nearly every customer in the market today.

GM committed more than $27 billion to EV and AV product development, including $7 billion in 2021 and plans to launch 30 EVs globally by the end of 2025, with more than two-thirds available in North America. Cadillac, GMC, Chevrolet and Buick will all be represented, with EVs at all price points for work, adventure, performance and family use.

Chevrolet announced its growing EV lineup with the 2022 Bolt EUV and Bolt EV, both expected in dealerships this summer.

In January 2021, GM unveiled BrightDrop, a new business that aims to electrify and improve the delivery of goods and services by offering an ecosystem of electric first-to-last-mile products, software and services to help empower delivery and logistics companies to move goods more efficiently.

GM’s zero-emissions technology will extend to fuel cells and the company announced it will supply its Hydrotec fuel cell power cubes to Navistar for use in its production model fuel cell electric vehicle – the International® RHTM Series.

In October 2020, GM announced it would invest $2 billion in its Spring Hill, Tennessee assembly plant to begin the transition to become the company’s third vehicle manufacturing site to produce electric vehicles, joining Factory ZERO and Orion Assembly.

In 2019, GM announced the formation of Ultium Cells LLC, a joint venture with LG Energy Solution to mass-produce battery cells in Lordstown, Ohio for future battery-electric vehicles. Construction of the $2.3 billion facility is well underway.

*GM estimated. Actual range may vary based on several factors, including temperature, terrain, battery age, loading, and how you use and maintain your vehicle.

General Motors

Ford Nominates Alexandra Ford English and Henry Ford III for Election to Board; Edsel B. Ford II to Retire After 33 Years as Director

Ford Motor Company News File

DEARBORN, Mich., March 12, 2021 – Ford Motor Company today announced that Alexandra Ford English and Henry Ford III have been nominated to stand for election to the company’s board of directors at its annual meeting of shareholders on May 13.

Both candidates are great-great grandchildren of Henry Ford, who founded the auto company in 1903. Their nominations to the board continue the Ford family’s nearly 118 years of active involvement with and stewardship of the company.

Alexandra Ford English, 33, the daughter of Ford Executive Chairman Bill Ford, is currently a director in Corporate Strategy at the company, responsible for enterprise, connectivity and digital network strategic plans. Before that, she was director of Market and Operations for Ford Autonomous Vehicles LLC and responsible for the successful deployment and operations of Ford’s autonomous vehicle business in Miami; Austin, Texas; and Washington, D.C.

Ford English is also Ford’s representative to the board of directors of Rivian, the electric carmaker in which Ford owns an equity interest. Prior to joining Ford in 2017, Ford English ran merchandising divisions for Tory Burch in New York City and Gap Inc. in San Francisco. She earned a bachelor’s degree from Stanford University and an MBA from Harvard Business School.

Henry Ford III, 40, the son of Edsel B. Ford II, is currently a director in Ford Investor Relations. Since joining the company in 2006, he has held roles in Labor Relations, Purchasing, Marketing and Sales, and Corporate Strategy. He was part of the team that negotiated the landmark 2008 master labor agreement with the UAW.

Later, as global marketing manager for Ford Performance, Henry Ford III played a key role in the launch of the latest Ford GT and supported the company’s successful return to racing at the 24 Hours of LeMans. He earned a bachelor’s degree from Dartmouth College and an MBA from Massachusetts Institute of Technology, Sloan School of Management.

“Henry and Alexandra are both passionate and capable young business leaders who care deeply about Ford Motor Company and the welfare of our customers, employees, dealers and shareholders,” Bill Ford said. “I am pleased and proud that we have a new generation of Ford family leaders who believe in serving the company and ensuring it remains a successful and positive force in the world for years to come.”  

At the same time, the company announced that Edsel Ford, 72, is retiring from the board in May. Edsel Ford was elected to Ford’s board on Jan. 18, 1988, at age 39, together with his cousin, Bill Ford, then 30.  He currently is a member of the board’s Finance Committee and Sustainability and Innovation Committee.

“It has been my honor and privilege to serve on the Ford Motor Company Board of Directors for more than three decades,” said Edsel Ford. “Our great company has been tested in many ways, not least of which it experienced in the past year, and I’m proud we have not only survived and thrived, but also held tight to the values and principles that make Ford a unique American icon. I am especially pleased that as I step down from the board, a new generation of Ford family members is poised to continue this legacy of service.”

Additionally, Ford said John Lechleiter, 67, who joined the board in 2013, has decided not to stand for re-election in May. Lechleiter, the retired chairman and CEO of Eli Lilly and Co., currently serves on the board’s Compensation Committee and the Nominating and Governance Committee.

“John has been a terrific board member who cares deeply about the company,” Bill Ford said. “His experience as a CEO of a caring and successful global business and deep knowledge of science, regulatory frameworks, marketing and management has allowed him to make a significant contribution to our company.” 

Bill Ford said the board expects to take steps to further strengthen and diversify its makeup, including in areas that are strategically critical in this important period of transformation and growth.

Ford Motor Company