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DOE awards Magna a grant to develop and ‘auto qualify’ advanced motor; 1/2 the cost, 8x power density

Green Car Congress

Magna has been awarded a grant by the US Department of Energy to develop and ‘auto-qualify’ advanced electric motor technologies for next-generation vehicle propulsion systems. The project objective is to develop an electric motor that is half the cost and eight times the power density, while delivering 125 kW of peak power.

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Audi of America and Arcadia offer renewable energy subscription with e-tron or e-tron Sportback lease or purchase

Green Car Congress

Arcadia connects renters and homeowners across the US to wind and solar energy through utility data and billing technology. In select markets within Colorado, Illinois, Maine, Maryland, Massachusetts, New York, and Rhode Island, Arcadia’s platform connects qualifying customers to community solar projects in their area.

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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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Illinois Basin (Kentucky, Illinois, Indiana and Tennessee): Board of Trustees of the University of Illinois aims to lead a project to evaluate the domestic occurrence of strategic elements in coal, coal-based resources and waste streams from coal use. DOE Funding: $1,483,787. DOE Funding: $1,500,000.

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Rivian is looking to produce 1 million vehicles annually by the end of the decade

Teslarati

That’s equal to a valuation of about $104 billion , larger than veterans in the auto sector such as Ford Motor Company and General Motors, whose market caps stand at $79.21 billion and $87.01 billion as of writing. . Don’t hesitate to contact us with news tips.

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Toyota Motor awards MP2 Energy 5-year contract for 100% renewable energy for Plano headquarters

Green Car Congress

Toyota Motor North America has awarded MP2 Energy, a full-service power company based in The Woodlands, Texas, a five-year retail electricity contract to provide 100% renewable energy solutions to Toyota’s new North American headquarters in Plano, Texas. The five-year deal also supports 7.75

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Tecnomatic S.p.A. sues Remy, claiming false statements in DOE grant application over HVH stator winding technology

Green Car Congress

an international maker of stator technology used in hybrid and electric automobiles, filed a $110-million lawsuit today in United States District Court for the Northern District of Illinois against Remy, Inc. Tecnomatic S.p.A. , —Giuseppe Ranalli, President and CEO of Tecnomatic S.p.A. Since its founding in 1973, Tecnomatic S.p.A.

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Ford CEO Jim Farley gives update on ratification with UAW

Teslarati

Farley believes the plants in Michigan, Kentucky, and Illinois that were affected by the UAW’s strike are “on track to reach full production schedules in the coming days.” As this year winds down, most of the damage from the UAW strike and reversing it should be the focus, as Farley said.

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