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DOE announces $2.5B loan to Ultium Cells for three US battery cell manufacturing facilities

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billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan. The cells manufactured by Ultium Cells LLC are large format, pouch-type cells that use a nickel-cobalt-manganese-aluminum (NCMA) chemistry to deliver more range at less cost.

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DOE awards $2M to Ohio University to develop products for energy storage and motors from coal waste

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Ohio University’s Institute for Sustainable Energy and the Environment was awarded two of the six awards, one that explores how coal waste can be reimagined as energy storage and the second aims to develop ultra-conductive carbon metal composite wire for electric motors. Earlier post.)

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

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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.

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Fisker and Foxconn confirm Fisker PEAR production in Ohio; expected base price below $29,900

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recently acquired in Ohio from Lordstown Motors ( earlier post ). Fisker has designed and engineered the vehicle to reduce parts for rapid, simplified manufacturing. The Fisker PEAR will enter production in 2024. The Fisker PEAR will have an expected base price below $29,900 before incentives.

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Lordstown Motors delays Endurance truck, sells Ohio factory to Foxconn

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Lordstown Motors ( NASDAQ: RIDE ) reported its Q3 2021 Financial Results on Thursday and reported that it will delay the Endurance all-electric pickup once again. Additionally, Lordstown Motors confirmed the sale of its Lordstown, Ohio factory to Foxconn. Lordstown Motors (@LordstownMotors) November 12, 2021.

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Lordstown Motors continues cash flow woes, sells Ohio plant to iPhone manufacturer Foxconn

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Lordstown Motors, an electric vehicle startup based in Ohio, has announced that it has agreed in principle to work jointly on electric vehicle programs with iPhone manufacturer Hon Hai Technology Group, more commonly known as Foxconn. where he served as Director. Don’t hesitate to contact us with tips!

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Cirba Solutions and General Motors extend collaboration on EV battery recycling

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Cirba Solutions (previously Retriev Solutions, LLC) has extended a prior agreement with General Motors (GM) to recycle electric vehicle (EV) lithium-ion battery and cell scrap generated by manufacturing and research at select GM facilities through 2024.