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South Carolina becomes battery hotbed with $1.6 billion in investments

Teslarati

A series of massive investments from Albemarle and Cirba Solutions is set to make South Carolina a hotbed for lithium battery production. Now, South Carolina has become a hotbed for lithium-ion battery production, thanks to two massive investments from 2 separate leaders in the battery industry.

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Proterra to build third US battery factory for commercial electric vehicles 

Electric Vehicles India

Proterra an American leading innovator in commercial vehicle electrification technology has announced its plans to open a new EV battery system manufacturing plant in South Carolina to manufacture battery systems for commercial electric vehicles. Lightsey III said “It’s clear that South Carolina is focused on the future.

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Polestar takes $1.6 billion loan to achieve growth targets

Teslarati

billion loan from parent company Volvo Cars and significant shareholder PSD Investment ($800 million each). As previously announced, the Scandinavian brand will use a pre-existing Volvo Cars manufacturing facility in South Carolina to build their upcoming Polestar 3. What do you think of the article?

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Polestar 3 officially unveiled in China, price cut by about $29,080 from previous

CN EV Post

The Polestar 3 is Polestar's first SUV and will be the electric vehicle company's first all-electric model that will be produced in both China and the US. Production is also expected to begin by mid-2024 at Polestar's plant in Ridgeville, South Carolina, the automaker said when it unveiled the Polestar 3 last year. . ($1

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BMW taps humanoid startup Figure to take on Tesla’s robot – ET Auto

Baua Electric

as more companies turn to human-like robots to take on certain physical tasks. While the company didn’t disclose how many robots BMW will be using, the partnership will start with small quantities and expand if performance targets have been met, according to Brett Adcock , chief executive at Figure.

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GM Cruise robotaxi unit faces US probes over dragging incident, vows reforms – ET Auto

Baua Electric

Cruise reported the government investigations in a blog post in which the company also vowed to reform its culture stemming from a “failure of leadership” around the incident. The company commissioned a 195-page report from law firm Quinn Emanuel. The report said the company did not intend to mislead regulators.

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Pong Was Boring—And People Loved It

Cars That Think

Pong kick-started a global video-game industry that is now worth upwards of US $300 billion. Rival companies brought out similar Pong -like games, as did Atari itself. inducted Pong into its World Video Game Hall of Fame , citing its popularity and influence in launching the video-game industry. Why should we care?