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

Green Car Congress

Rodgers and York Capital), and non-dilutive funding from market-leading customers. 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%. Enovix expects to supply the EV market within 5 years.

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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. Unused advertising and marketing efforts will attract greater branchs of customers and gasoline gross sales enlargement. The Wind sedan holds the U.S.

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

Green Car Congress

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. will drive global market growth, resulting in a global rare earth elements market reaching $10.96 billion in 2020. billion in 2013. from 2014 to 2020.

2020 150
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Roskill: world copper market size previously underestimated; EVs to account for 3.1-4.0Mt net growth by 2035

Green Car Congress

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).

Market 186
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

Green Car Congress

Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. The country should give greater priority to high-efficiency combined cycle power plants and wind power, the company suggests.

Germany 239
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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

Following the steep decline in US industry sales in December 2008 and January 2009, GM responded by further lowering its forecast for 2009 US industry sales to 10.5 While GM hopes to reach agreement with the Swedish government, the Saab Automobile AB subsidiary could file for reorganization as early as this month. million units (57.5

Chrysler 150
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GM Releases New Viability Plan, Launches Bond Exchange; Phasing Out Pontiac

Green Car Congress

As part of the new plan, GM will accelerate the wind-down or sale of HUMMER, Saturn and Saab to the end of 2009, and phase out Pontiac by the end of 2010. Saab Automobile AB filed for protection under the reorganization laws of Sweden in order to reorganize itself into a stand-alone entity.

GM 150