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Fort Worth approves $68.9M incentive package for Linear Labs for electric motor manufacturing

Green Car Congress

The City of Fort Worth, Texas has approved a $68.9-million Fort Worth is our home and we can see the strategic moves the city is making to shape its infrastructure into the next major technology hub. —Brad Hunstable, Co-Founder and CEO of Linear Labs.

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LG opens its first EV charging equipment factory in the U.S.

Teslarati

According to a press release shared by the company on Monday, LG has opened the EV charger plant in Fort Worth, Texas, set to eventually have an annual capacity of over 10,000 units. The news also came alongside a ribbon-cutting event featuring LG executives, Fort Worth Mayor Mattie Parker, and other local officials.

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Samsung SDI considers building battery factory near Rivian in Normal, IL

Teslarati

Samsung SDI has narrowed down the locations for its potential battery manufacturing plant in the United States. We’re competing for a major Samsung battery facility,” U.S. Having a battery facility will also create thousands of jobs,” he elaborated. plant has Fort Worth, TX as frontrunner.

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Wallbox enters first phase of build-out for US EV charger plant; 500k units/year by 2025

Green Car Congress

The Arlington facility is Wallbox’s fourth manufacturing site, additive to two facilities in Europe and one in China. Between all facilities, Wallbox is expected to have a global production capacity of more than 1.1 million chargers per year by the end of this year.

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GM and Glencore enter multi-year cobalt supply agreement

Green Car Congress

Cobalt is an important metal in the production of EV batteries, and the cobalt processed from Australia will be used in GM’s Ultium battery cathodes, which will power electric vehicles such as the Chevrolet Silverado EV, GMC HUMMER EV and Cadillac LYRIQ. Cobalt is a metal that makes up only 0.001% of the earth’s crust.

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GM and POSCO Chemical to process cathode active material at new $400M joint venture plant in Québec

Green Car Congress

General Motors and POSCO Chemical are working with the governments of Canada and Québec to build a new $400-million facility in Bécancour, Québec, to produce cathode active material (CAM) for GM’s Ultium batteries, which will power electric vehicles such as the Chevrolet Silverado EV, GMC HUMMER EV and Cadillac LYRIQ.

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Walmart to buy 4,500 Canoo electric delivery vehicles; option for up to 10,000

Green Car Congress

While the LDV is expected to begin hitting the road in 2023, the companies plan to kick-off advanced deliveries to refine and finalize vehicle configuration in the Dallas Fort Worth metroplex in the coming weeks. Canoo’s agreement with Walmart builds on the company’s existing commitments in the state of Arkansas.

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