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Enovix raises $45M; working to develop its 3D Silicon Lithium-ion technology for EV market

Green Car Congress

Enovix replaces electrode winding in a standard pouch lithium-ion battery production process with proprietary laser patterning and high-speed stacking tools to increase line MWh capacity by 30%. The result is both a significant increase in energy density and high cycle life. Source: Enovix.

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Hexa Research forecasts $10.96B global rare earth elements market by 2020

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According to a new study by Hexa Research, high demand for rare earth elements such as cerium and lanthanum in applications such as automobiles, metallurgy, phosphors, glass, etc. Rising demand for permanent magnets in electronic, wind turbine and automotive sectors will translate into high demand for neodymium. billion in 2020.

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Hydrogen inner combustion engines acquire renewed momentum

Baua Electric

Hyundai, every other automaker growing hydrogen-fueled automobiles, believes the demanding situations will also be conquer. ” There are extra issues to unravel earlier than hydrogen-burning vehicles and alternative automobiles are on U.S. Torre, a board member, informed Automobile Information. roads or somewhere else. .

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Lucid faces difficult Q1 income questions later gradual gross sales

Baua Electric

The business newcomer delivered simply 1,406 automobiles within the January-March duration, neatly shy of the occasion had to meet its full-year forecast of between 10,000 and 14,000 Breeze sedans from its Arizona manufacturing unit. Within the wind-up to Monday’s income name, traders submitted questions for attention. .”

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Lucid cuts manufacturing forecast then $780 million internet loss

Baua Electric

Lucid remains to be within the early levels of elevating emblem consciousness and changing EV customers to Wind house owners. Lucid stated it expects to offer its 2d automobile, the Gravity crossover, next this era and to start out accepting reservations. The Wind sedan holds the U.S.

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GM Releases New Viability Plan, Launches Bond Exchange; Phasing Out Pontiac

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General Motors presented an updated Viability Plan that accelerates and deepens the cuts in US brands and nameplates, dealers, manufacturing operations and employees intended to enable GM North America to breakeven (on an adjusted EBIT basis) at a US total industry sales volume of approximately 10 million vehicles.

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Roskill: world copper market size previously underestimated; EVs to account for 3.1-4.0Mt net growth by 2035

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Roskill has constructed a comprehensive copper industry reference dataset covering the period 2014-2018, built upon a production, trade and consumption platform of the eleven main markets for semi-manufactures in copper and copper alloys. EVs have more complicated wiring harnesses, extra motor windings and copper anode foil (for batteries).

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