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Ohio-based electric motorcycle maker raises $7M to build bikes in the US

Electrek

LAND, a Cleveland-based electric motorcycle maker and battery technology company, recently wrapped up a successful Series A financing round, surpassing their fundraising goal by over US $1 million. more… The post Ohio-based electric motorcycle maker raises $7M to build bikes in the US appeared first on Electrek.

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Lordstown Motors delays Endurance truck, sells Ohio factory to Foxconn

Teslarati

Additionally, Lordstown Motors confirmed the sale of its Lordstown, Ohio factory to Foxconn. We announced our Agreement in Principle (“AIP”) with Foxconn regarding the sale of our Lordstown, Ohio assembly plant and the negotiation of a contract manufacturing agreement. ” The company also announced the acquisition of Edward T.

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Biden gives GM and LG a $2.5B loan to build 3 battery factories in 3 states

Electrek

The loan will go toward financing the construction of new lithium-ion battery cell factories in Ohio, Tennessee, and Michigan. loan to build 3 battery factories in 3 states appeared first on Electrek. The Biden administration today announced that it’s closed a $2.5 The post Biden gives GM and LG a $2.5B

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Mobility services infrastructure company Via closes Series E round; valued at $2.25B

Green Car Congress

Via , a company that provides digital infrastructure to power public mobility in cities around the world ( earlier post ), has raised a Series E financing led by EXOR. The financing values the company at $2.25 billion and will enable Via to advance its vision of efficient, accessible, and equitable public mobility.

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VP Mike Pence says Workhorse deal to proceed for GM Lordstown plant

Green Car Reports

On a visit to Ohio on Tuesday, Vice President Mike Pence announced that Workhorse Group has secured financing to buy GM's factory in Lordstown, Ohio, to build electric trucks.

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Pinto Energy to build 2,800 bpd small-scale GTL plant in Ashtabula; Velocys microchannel technology

Green Car Congress

Pinto Energy LLC (Pinto), a developer of smaller scale Gas-to-Liquids (GTL) facilities, will build a 2,800 barrel per day (bpd) GTL plant at Pinto’s 80-acre industrial site to the east of Ashtabula, Ohio. Pinto has chosen Ventech Engineers International LLC (Ventech) as the project’s EPC Contractor.

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UAW president blasts U.S. mortgage to Ford three way partnership battery tasks

Baua Electric

Ford on Friday mentioned it “expects that BlueOval SK will pay competitive wages and benefits to attract and retain the workforce needed to build high-tech batteries” and added that employees “will be able to choose whether they organize, a right that Ford fully respects and supports.” executive tax credit.

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