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Mercedes-Benz to set up EV production in US, battery plant; $1B investment in Alabama

Green Car Congress

The company plans to produce EQ-branded SUV models at MBUSI (Mercedes-Benz US International), its Tuscaloosa, Alabama facility. In total, Mercedes-Benz plans to invest $1 billion in the expansion of its industrial footprint in the region, most of which is slated for the electric initiative.

Alabama 170
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Hyundai Mobis to invest $926M in EV systems plant in Georgia

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The plant supplies automotive manufacturers with complete cockpit modules, chassis modules, as well as bumper assemblies. Hyundai Mobis’ investment project in Bryan County reflects an acceleration in the development of the EV supply chain in Georgia’s auto industry.

Georgia 186
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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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billion will go to 11 projects in the materials separation and processing segment of the supply chain. Anovion , Scaling the Domestic, US Owned and Operated Anode Supply Chain for Synthetic Graphite, $117,000,000. This US-owned and operated manufacturing plant in northern Alabama will be the first of its size in North America.

Parts 459
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Westwater Resources is building a facility in Alabama to process one of the largest graphite deposits in the US

Charged EVs

Q&A with Jon Jacobs of Westwater Resources Everyone in the EV industry is talking about the IRA and the BIL, two sets of federal regulations that include strong incentives for automakers to establish domestic supply chains for EV raw materials and components. Charged : Graphite’s a hot property these days.

Alabama 52
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Li-Cycle starts operations at its first European lithium-ion battery recycling facility

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Germany represents the largest market for both battery manufacturing scrap and the expected supply of end-of-life lithium-ion batteries in Europe. Li-Cycle’s Germany Spoke leverages existing infrastructure with access to clean renewable energy and key transportation outlets.

Li-ion 280
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Honda targeting 100% BEV & FCEV sales in N America by 2040; new e:Architecture EVs coming in second half of this decade

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Honda plans to introduce these models to the North American market as model year 2024 vehicles, one from Honda brand and the other from the Acura brand. These EV models will first be introduced to the North American market, and then to other regions of the world. Honda SUV e:prototype shown at Shanghai 2021.

Honda 400
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Hyundai Motor to invest $85B over next 10 years to accelerate transition to smart mobility provider

Green Car Congress

Furthermore, in order to secure leadership in the future mobility industry, it has decided to focus on future businesses, such as autonomous driving, hydrogen, robotics and advanced air mobility (AAM). It plans to convert additional lines as market demand dictates. trillion (US$85 billion) over the next 10 years, including KRW 35.8

Hyundai 284