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BYD is set to beat Tesla for a second straight year after producing more than 3 million cars in 2023

BYD said Monday it produced more than 3 million new energy vehicles in 2023, putting the Chinese electric car giant on track to surpass Tesla
’s production for a second straight year. The U.S. electric car company had yet to release full-year figures as of Tuesday in Asia. Tesla said it produced 1.35 million cars during the first three quarters of 2023.

Read More: CNBC
Baltimore Harborplace: Planning commission recommends redevelopment proposal

The Baltimore Planning Commission recommended Thursday that the city move forward with a proposal to revitalize the Inner Harbor by replacing the aging Harborplace pavilions with a mixed-use development of housing, shops, offices and a park. Commissioners voted in support of legislation that will now move to the City Council for hearings and a vote. Acknowledging opponents’ concerns about rushing review of a plan that developers unveiled less than two months ago, commissioners agreed that the city must act with urgency to restore a city treasure for future generations.

 

Read More: Baltimore Sun
MOM’s Organic Market will open a location in Severna Park’s Park Plaza by early 2025.

A Rockville grocery chain known for selling organic produce will open its first Anne Arundel County location by early 2025. Mom’s Organic Market signed a lease for 11,893 square feet at Park Plaza in Severna Park. The upcoming location at 550 Ritchie Highway will be its 11th grocery store in Maryland and fifth spot in Greater Baltimore. The organic grocery chain expects to open the location in late 2024 or early 2025, according to a release from Baltimore-based Continental Realty Corp., which owns Park Plaza.

What’s next after County Council rejects overlay for Sugarloaf region

The Frederick County Council’s decision this week to reject the proposed Sugarloaf Rural Heritage Overlay Zoning District shocked some and raised questions about the future of the Sugarloaf region and efforts to preserve it. On Tuesday, the council voted 5-2 to reject the proposed Sugarloaf overlay zone, the intent of which was to restrict certain land uses and limit their potential impacts on the environmentally sensitive areas around Sugarloaf Mountain.

TurningPoint Energy, Pivot Energy partner on Md. community solar portfolio

TurningPoint Energy and Pivot Energy Friday announced a collaboration on six community solar projects in Maryland totaling 16.6 MWdc of solar capacity. The projects, located in Howard, Prince George’s and Garrett counties are in the late stages of development and are expected to start construction in 2024. The acquisition of the portfolio marks the first transaction between TPE and Pivot.

Maryland should prepare for ‘soft’ recession, economists warn

Despite a low unemployment rate and a positive jobs outlook, economists warn Maryland may face a soft recession in 2024. Maryland’s unemployment rate reached 1.6% in September and only climbed one-tenth of a point in November to 1.7%. The rate is the lowest seasonally adjusted unemployment rate of any state since 1976. But economists warn this historic milestone does not paint the true picture.

Report proposes 4 potential sites for Baltimore soccer stadium, which could host D.C. United’s MLS Next Pro team

Baltimore is not on the verge of landing a pro outdoor soccer team, nor are plans to add such a squad past the proverbial midfield. But after a report published Wednesday, the ball is now rolling. In a report that Crossroads Consulting Services submitted to the Maryland Stadium Authority, four sites were identified as potential locales for a soccer stadium with a capacity between 7,500 and 10,000. The hypothetical venue would host a D.C. United minor league team, competing in the MLS Next Pro league.

Read More: Baltimore Sun
Airports brace for holiday rush with enhanced travel protections post-Southwest meltdown

The holiday rush has begun at Reagan National Airport and airline customers can expect new travel protections after the Southwest Airlines meltdown last year. 7.5 million people are expected to fly for the holiday season and, if you remember, this time in 2023 — it was pure chaos due to the Southwest disaster. But since then, there’s been big improvements to transparency and making holiday travel more efficient.

 

 

Read More: Fox 5 DC
Baltimore shopping center sells to local group for $48.3M

A decades-old shopping complex in Northwest Baltimore has changed hands for $48.3 million. Reisterstown Road Plaza at 6564 Reisterstown Road sold to Baltimore-based Tide Capital Realty in a deal that closed last month, state records show. The Class B mall is located in the city near the Metro station on Reisterstown Road with anchors that include Giant and Home Depot and several smaller shops and restaurants.

Baltimore settles CSX lawsuit over sewage water dumped at coal terminal for $100K

Baltimore agreed to a $100,000 settlement Wednesday to close out a lawsuit filed by rail company CSX after a city contractor dumped sewage-tainted water at the company’s Curtis Bay coal terminal while a city inspector was using the bathroom. The settlement, approved unanimously Wednesday by the Board of Estimates, stemmed from a 2018 incident in which a city contractor was working on one of several large sanitary sewer lines that runs beneath CSX’s property in South Baltimore.

Read More: Baltimore Sun

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