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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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Polestar announces ‘Made in America’ EV production start date

Teslarati

Polestar has announced the production start date for its new South Carolina production facility, which it will be sharing with Volvo Cars. Now, the Swedish automaker is poised to finally address that issue as it begins production in South Carolina. Polestar will continue producing vehicles at its Chinese facilities.

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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.

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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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Opinion: What A Westinghouse Bankruptcy Could Mean For U.S. Utilities

Green Car Congress

utilities with the most at risk are Southern Company and SCANA Corp. As these plants are brought on line, presumably in the 2020-2021 time frame, the matter will go before the state utility commissions of Georgia and South Carolina. Link to original article: [link]. The two U.S.