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Tesla improves cost of goods sold per vehicle once again

Teslarati

Tesla improved the cost of goods sold per vehicle to slightly above $36,000, continuing to improve on the metric with a sequential reduction in cost every quarter. ” Tesla also noted: “Our team remains focused on growing our output, investing in our future growth, and finding additional cost efficiencies in 2024.”

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DOE to award up to $750M to support clean hydrogen electrolysis, manufacturing and recycling

Green Car Congress

The US Department of Energy (DOE) intends to issue $750 million in funding to reduce the cost of clean-hydrogen technologies. ( The US Department of Energy (DOE) intends to issue $750 million in funding to reduce the cost of clean-hydrogen technologies. ( DE-FOA-0002921 ) The activities to be funded under this FOA support Sec.

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Archer taps FCA to accelerate eVTOL production

Green Car Congress

Archer, a manufacturer of electric vertical takeoff and landing (eVTOL) aircraft, and Fiat Chrysler Automobiles (FCA) have entered into a definitive agreement to enable Archer to benefit from access to FCA’s low-cost supply chain, advanced composite material capabilities, and engineering and design experience. trillion by 2040.

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GM and Honda expanding partnership to codevelop series of affordable EVs in most popular vehicle segments; on sale in 2027

Green Car Congress

General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. —Doug Parks, GM executive vice president, Global Product Development, Purchasing and Supply Chain.

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Mercedes-Benz Vans and Rivian to partner on electric van production

Green Car Congress

vans, and electric vehicle manufacturer Rivian, signed a Memorandum of Understanding to initiate a strategic partnership. The partnership will enable the companies to cooperate on the production of electric vans. The target is to build an all-new electric-only production facility leveraging an existing Mercedes?Benz

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Technip Energies launches suite of blue hydrogen production technologies

Green Car Congress

Technip Energies has launched of BlueH 2 by T.EN, a full suite of deeply-decarbonized and affordable solutions for hydrogen production. In addition to targeting traditional low-carbon hydrogen production applications, such as Refining and Ammonia manufacture, BlueH 2 by T.EN Technip Energies’ BlueH2 by T.EN

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GM, POSCO Future M announce 2nd phase of CAM production in N America; adding pCAM

Green Car Congress

General Motors and POSCO Future M announced the second phase of their Ultium CAM joint venture, an investment projected to exceed US$1 billion to increase production capacity of cathode active materials (CAM) in North America and integrate precursor materials production. Site selection will be announced later.

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