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Lightning Systems electric shuttle buses now offered on CALACT purchasing contract

Green Car Congress

Communities throughout California can now purchase all-electric shuttle buses and ADA-equipped vans from Lightning Systems on a new California Association for Coordinated Transportation (CALACT) cooperative purchasing contract. Nonprofits or government agencies can use the new agreement to purchase electric buses once they join CALACT.

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Bank of America introduces residential EV charger financing

Teslarati

Bank of America made a drastic step forward today to make at-home residential electric vehicle chargers an easier purchase for car buyers. This is not indicative of the actual cost of many new EVs, as the Chevrolet Bolt EV costs less than $30,000, for example. This was a $3,594, or a 5.5 percent decrease from November.

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GM, POSCO Future M announce 2nd phase of CAM production in N America; adding pCAM

Green Car Congress

General Motors and POSCO Future M announced the second phase of their Ultium CAM joint venture, an investment projected to exceed US$1 billion to increase production capacity of cathode active materials (CAM) in North America and integrate precursor materials production. Currently, CAM and pCAM processing is highly concentrated in Asia.

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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

Green Car Congress

Honda last week announced key targets for sales of electrified vehicles in North America, with a plan to make battery-electric and fuel cell electric vehicles (BEVs and FCEVs) to represent 100% of its vehicle sales by 2040, progressing from sales of 40% by 2030 and 80% by 2035. Renewable Energy Efforts in North America.

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Volkswagen, Stellantis and Glencore backing ACG in $1B purchase of Brazilian nickel sulfide and copper mines

Green Car Congress

Volkswagen, Stellantis and Glencore are supporting the purchase of the Atlantic Nickel nickel sulfide and the Mineraçao Vale Verde copper mine in Brazil by ACG , a London-listed special purpose acquisition company (SPAC), for US$ 1 billion. 20ktpa over a 12-year life of mine, at an average C1 cash cost of $1.37/lb

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GM and POSCO Chemical to build new N America factory to process cathode active material for Ultium batteries

Green Car Congress

General Motors and POSCO Chemical plan to form a joint venture through which the parties will construct a factory in North America to process critical battery materials for GM’s Ultium electric vehicle platform. —Doug Parks, GM executive vice president, Global Product Development, Purchasing and Supply Chain.

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Electrify America announces $200M Cycle 2 zero emission vehicle investment plan for California

Green Car Congress

Electrify America announced its next $200-million investment in Zero Emission Vehicle (ZEV) infrastructure as well as education and awareness in California which is outlined in its Cycle 2 California ZEV Investment Plan submitted to the California Air Resources Board (CARB). The cost of installation will be incorporated into a monthly fee.

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