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Delhi Transport Corporation orders 1500 Tata Motors electric buses

Green Car Congress

Delhi Transport Corporation (DTC) signed a definitive agreement with Tata Motors’ fully owned subsidiary, TML CV Mobility Solutions Ltd. Tata Motors has steadily worked to engineer mobility solutions powered by alternate fuel technology, including battery-electric, hybrid, CNG, LNG and Hydrogen Fuel Cell technology.

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Daimler Truck and Toyota to partner on advanced technologies, merge Mitsubishi Fuso and Hino Motors

Green Car Congress

Daimler Truck Holding AG, Mitsubishi Fuso Truck and Bus Corporation (MFTBC), Hino Motors Ltd. Hino) and Toyota Motor Corporation concluded a Memorandum of Understanding (MoU) on accelerating the development of advanced technologies and merging MFTBC and Hino.

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Hyundai Motor Group and SK On to invest $5B in EV battery cell production joint venture in Georgia

Green Car Congress

Hyundai Motor Group plans to set up an electric vehicle (EV) battery cell production joint venture in the US with partner SK On. The Group affiliates Hyundai Motor Company, Kia Corporation and Hyundai Mobis each approved the plan at their respective board meetings.

Georgia 320
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Protean Electric enters new partnership with Dongfeng Motor to advance market adoption of in-wheel motor technology

Green Car Congress

Protean Electric, a leader of in-wheel motor (IWM) technology for passenger cars, light commercial vehicles and future transport solutions, announced a new partnership between Dongfeng Motor Corporation Technical Center and Protean’s joint venture in China, Wuxi Weifu Electric Drive Technology (WFDT).

Motors 259
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Linear Labs to begin mass production of high-torque M200 e-mobility motor in September

Green Car Congress

The company will start with an allocation of production that is distributed between itself and several Tier One sub-contractors in order to expedite the manufacturing ramp rate and delivery of motors to early customers. Linear Labs is expecting to manufacture and deliver at least 100,000 M200 motors by the end of 2021.

Motor 448
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Li-ion battery-maker Farasis Energy raises $1B+ to accelerate global automotive battery manufacturing expansion

Green Car Congress

Farasis Energy, a global developer and manufacturer of lithium-ion cells, modules and large battery systems, recently completed C-round financing exceeding 1 Billion US dollars. The compay will use the capital raised to accelerate the expansion of its global automotive battery manufacturing infrastructure.

Li-ion 239
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Lordstown Motors closes assets sale to Foxconn; JV agreement for MIH-based EV development

Green Car Congress

Lordstown Motors, an OEM of electric light-duty trucks focused on the commercial fleet market, has closed the sale of its Lordstown facility and signed a contract manufacturing agreement and joint venture agreement for product development with affiliates of Hon Hai Technology Group (Foxconn). and Irvine, Calif.

Motor 334