article thumbnail

Liontown Resources rejects US$3.7B acquisition proposal from Albemarle

Green Car Congress

Liontown Resources, an emerging battery minerals producer based in Australia, has rejected an unsolicited, conditional and non-binding indicative proposal from Albemarle Corporation, in which Albemarle would acquire all of the shares in Liontown at a price of A$2.50 per share—valuing the company at approximately US$3.7

Australia 259
article thumbnail

Statevolt acquires 135-acre site near Salton Sea to build 54 GWh gigafactory

Green Car Congress

Statevolt , a battery startup seeking to build hyperlocal gigafactories, has acquired a 135-acre site in Imperial Valley, California, as the location for its 54 GWh Gigafactory. The business will manufacture batteries for electric vehicles (EVs) and storage applications using resources and supply chains sourced entirely in the US.

Building 400
article thumbnail

NERC: high probability of insufficient resources to meet electricity demand as early as Summer 2022 in parts of US

Green Car Congress

Findings from the North American Electric Reliability Corporation’s (NERC’s) 2021 Long-Term Reliability Assessment (LTRA) indicate there is a high probability of insufficient resources and energy to serve electricity demand, as early as Summer 2022, in many parts of the Western Interconnection.

Parts 293
article thumbnail

NTT DATA and DENSO building industry-wide dataspace for EV batteries

Green Car Congress

NTT DATA Corporation and DENSO Corporation have started to build an industry-wide ecosystem for electric vehicle (EV) batteries to create a global trusted dataspaces where only necessary data can be shared, while also protecting private data.

article thumbnail

Tesla Giga Berlin expansion protesters building tree houses in nearby forest

Teslarati

About 80 environmental activists are protesting against Tesla Giga Berlin’s expansion by building tree houses in the forests near the factory. Tesla aims to build warehouses, a freight yard, and a kindergarten for employees in the 100 hectares near Giga Berlin. For a world where everyone can live well!”

Building 114
article thumbnail

Crowley to build and operate the first all-electric US tugboat to serve Port of San Diego; eWolf

Green Car Congress

Crowley Maritime Corporation will build and operate eWolf, the first all-electric powered harbor tugboat. The 82-foot vessel with 70 tons of bollard pull advances Crowley and the maritime industry’s efforts toward sustainability and decarbonization.

San Diego 221
article thumbnail

Japan V2G demonstrator project using EVs as virtual power plant resource; METI funding

Green Car Congress

.; Mitsubishi Motors Corporation (MMC); SHIZUOKA GAS Co., Commencing today, the project aims to build a vehicle-to-grid (V2G) system, and through this a business model that utilizes the electricity storage capabilities of multiple EV/PHEVs to regulate power demand and supply between the grid and electric vehicles.

Japan 218