article thumbnail

Fisker and Magna enter into definitive agreements for production of Fisker Ocean EV

Green Car Congress

has entered into definitive “operational phase” platform-sharing and initial manufacturing agreements with Magna International Inc., Fisker Inc. which clarify and finalize key aspects of the framework agreement previously announced on 15 October 2020. Earlier post.).

Fisker 243
article thumbnail

Gevo signs definitive supply agreement with HCS Holding for commercial supply of renewable isooctane

Green Car Congress

has entered into a definitive supply agreement with HCS Holding GmbH (HCS) to supply renewable isooctane ( earlier post ) under a five-year offtake agreement. The Supply Agreement has two phases: In the first phase, HCS will purchase isooctane produced at Gevo’s demonstration hydrocarbon plant located in Silsbee, Texas.

Supplies 150
article thumbnail

Liontown and Tesla enter into a binding term sheet for supply of lithium from Kathleen Valley project

Green Car Congress

Australia-based battery materials company Liontown Resources Limited entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate. Using today’s market pricing, the contract terms would deliver an SC6.0 billion (US$3 billion) and IRR of 57%.

Supplies 243
article thumbnail

Core Lithium and Tesla enter into binding term sheet for the supply of lithium

Green Car Congress

Australia-based Core Lithium has entered into a legally binding Term Sheet with Tesla for the supply of up to 110,000 tonnes of Li 2 O spodumene concentrate from the Finniss Lithium Project over a term of 4 years, with pricing referenced to the market price for spodumene concentrate, subject to a price floor and ceiling.

Supplies 195
article thumbnail

Positive Ways To Introduce EVs To Curious Consumers

CleanTechnica EVs

A 2020 survey found that 31% of drivers said they would consider or definitely get an EV the next time they purchase a vehicle. That momentum has built exponentially, as rising gas prices are prodding people to make quicker moves to all-electric transportation.

article thumbnail

The Endowment Effect and Tesla Autopilot & FSD: The Remedies & Their Limits (Part 2)

CleanTechnica EVs

If government officials decide to compensate people to reduce pushback, and the purchase price is insufficient to do that, then how does one set a price on Autopilot and FSD Beta functionality? There’s definitely a price at which most […]. You can find Part 1 here.

Parts 129
article thumbnail

Ford Reaches Definitive Agreement to Sell Volvo Cars and Related Assets to Geely

Green Car Congress

Ford Motor Company has entered into a definitive agreement to sell Volvo Car Corporation and related assets to Zhejiang Geely Holding Group Company Limited. The purchase price for Volvo Cars and related assets (primarily intellectual property) is US$1.8

Volvo 244