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Benchmark: Saudi Arabia is building an EV battery supply chain

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Saudi Arabia’s ambitions for an EV supply chain are part of the diversification of the national economy away from oil, a project guided by the government’s Vision 2030 reform plan announced in 2016. Earlier post.) The Saudi processing plant will process spodumene from a mine that European Lithium is developing in Wolfsberg, Austria.

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BASF investing €16M into tire pyrolysis oil company Pyrum as part of ChemCycling project

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BASF will uptake most of the pyrolysis oil and process it into new chemical products by using a mass balance approach as part of its ChemCycling project. Furthermore, Pyrum intends to build additional tire pyrolysis plants together with interested partners.

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Tesla to present Elon Musk’s Master Plan Part 3 during Investor Day

Teslarati

Details of Elon Musk’s Master Plan Part 3 will be discussed during Tesla’s upcoming Investor Day event on March 1, 2023. The CEO provided some hints about Master Plan Part 3’s general ideas, stating that it would be all about scaling Tesla’s operations to make it a global force and artificial intelligence.

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Lion Electric to build US plant in Illinois; largest all-electric medium- and heavy-duty vehicles plant in US

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As part of its agreement with the government of Illinois, Lion has committed to an initial investment of at least US$70 million over a 3-year period. The Will County region in Illinois has a history of manufacturing, and Lion plans to build a robust local supply chain within the area.

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Tesla’s Elon Musk hints that he’s working on a “Master Plan Part 3”

Teslarati

Tesla CEO Elon Musk recently revealed something extremely exciting: he is currently working on Master Plan, Part 3. Master Plan, Part 2 came ten years later, a time when the company was already producing the Model S and Model X. This does not mean to say that Elon Musk’s Master Plan, Part 3, would be ill-timed, however.

Parts 145
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BMW Connected North America makes its world debut at Microsoft Build 2016; powered by Azure

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BMW Connected, a new personal mobility companion, made its world debut at Microsoft Build 2016, Microsoft’s developer conference, last week. Service Fabric enables the automaker to build individual mobility graphs with personalized data and real-time context.

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Porsche and UP.Labs to build startups tailored for Porsche’s business

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Porsche has been active since 2016 in identifying and taking stakes in around 40 startups with new business models and new technologies. Los Angeles-based UP.Labs is being launched as part of a consortium of companies alongside UP.Partners, all focused on accelerating the future of mobility. —Lutz Meschke.

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