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Lucid: The history and future of the luxury EV Tesla competitor

Electric Driver

Lucid Motors Founded: 2007 Founders: Bernard Tse and Sam Weng Employees 2,000+ Headquarters: Newark, California Manufacturing: Casa Grande, Arizona IPO: July 26th, 2021 Models: Air Federal Tax Credit Eligibility: Yes Lucid Facts Lucid Mission Statement To inspire the adoption of sustainable energy by creating the most captivating electric vehicles, (..)

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Chrysler Group LLC to Invest $300M to Manufacture New ZF 8-Speed Automatic Transmission

Green Car Congress

Chrysler Group LLC will invest $300 million in its existing transmission manufacturing facilities in Kokomo, Ind. Chrysler Group has licensed the manufacturing rights from Friedrichshafen, Germany-based ZF Group to build the new eight-speed beginning in 2013. billion since 2007. Earlier post.) Earlier post.) to produce the 1.4-liter,

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Tesla bulls respond to ‘The Big Short’ and his massive bet against the stock

Teslarati

Burry believes that Tesla’s stock is highly reminiscent of the housing market in 2007, just a few months before the crash that led to the first recession in the American economy in twenty years. Munster believes the reintroduction of a $7,000 EV tax credit could be one of the biggest pieces of the bull story for Tesla in 2021.

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RusNano, Chinas Thunder Sky to Manufacture Li-ion Batteries in Russia for EVs

Green Car Congress

The supervisory board of the Russian Corporation of Nanotechnologies ( RusNano ) has approved the state corporation’s participation in a project with China-based Li-ion battery manufacturer Thunder Sky to manufacture Lithium-ion batteries, the first such project in Russia.

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UK Manufacturer Axon Automotive Unveils Plug-in Hybrid Electric Vehicle

Green Car Congress

This is half the level needed for free annual road tax in UK for this car (band ‘A’ is below 100 g/km of CO 2 = zero road tax in the UK). Axon Automotive uses novel manufacturing techniques to make carbon fibre technology, which has been associated with racing cars, affordable for eco cars. Axon Automotive Ltd.

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Australia PM Gillard announces carbon pricing plan; transport fuels exempt, but lowered fuel tax credits to bring carbon price to some businesses

Green Car Congress

The first Australian Government to announce a plan for a carbon price was John Howard’s back in 2007. However, where applicable, an equivalent carbon price will be applied through changes in fuel tax credits or excise. Significant tax reform will mean that more than 1 million people will no longer need to file a tax return.

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Bahrain’s Mumtalakat buys out McLaren, secures full ownership over supercar brand: Report | Autocar Professional

Baua Electric

Bahrain’s sovereign wealth fund, Mumtalakat, has assumed full control of McLaren Group, manufacturer of high-end sportscars and majority owner of the McLaren F1 team, BBC reported. Mumtalakat has been an investor in McLaren Group since 2007, when it bought a 30% stake from founding shareholders Ron Dennis and Mansour Ojjeh.

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