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GM and MP Materials enter long-term supply agreement to scale rare earth magnet sourcing and production in US

Green Car Congress

General Motors and MP Materials ( earlier post ) have formed a strategic collaboration to develop a fully integrated US supply chain for rare earth magnets. Neodymium-iron-boron (NdFeB) magnets are critical inputs that enable electric motors to transform electricity into motion.

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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 million economic incentive package for electric-motor-manufacturer Linear Labs ( earlier post ) to further solidify the city as the next tech innovation hub. —Brad Hunstable, Co-Founder and CEO of Linear Labs.

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GM and Glencore enter multi-year cobalt supply agreement

Green Car Congress

Glencore and General Motors announced a multi-year sourcing agreement in which Glencore will supply GM with cobalt from its Murrin Murrin operation in Australia. Lithium with Controlled Thermal Resources (CTR) to secure lithium produced by the first stage of its Hell’s Kitchen Project in California.

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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. Earlier post.)

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New “50 by 50” Commission seeks to halve US transportation energy use by 2050

Green Car Congress

Betsy Price, Mayor of Fort Worth, Texas; Gil Quiniones, President & CEO, New York Power Authority; Rhea Suh, President, Natural Resources Defense Council; Dan Turton, Vice President, North America Public Policy, General Motors; Greg White, Executive Director, National Association of Regulatory Utility Commissioners; and.

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Cummins/Peterbilt SuperTruck shows 54% improvement in fuel economy, 61% improvement in freight efficiency

Green Car Congress

and Peterbilt Motors Company, a division of PACCAR, released test results showing their demonstration SuperTruck tractor-trailer achieved a 54% increase in fuel economy, averaging nearly 10 mpg US (23.5 l/100 km) during testing last fall on US Route 287 between Fort Worth and Vernon, Texas. Click to enlarge. Cummins Inc.

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MP Materials has an ambitious US rare earth supply chain strategy to fuel EV innovation

Charged EVs

Permanent magnet motors are dominant in the EV industry, due to their superior efficiency. The majority of EV traction motors use rare earth magnets. What’s more, the company is developing a facility in Fort Worth, Texas where it plans to manufacture alloys and magnets from Mountain Pass materials. And it has customers.

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