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

CN EV Post

The 20th Shanghai International Automobile Industry Exhibition (Auto Shanghai 2023) will be held from April 18-27, with media days from April 18-19 and professional visitor days from April 20-21, while the general public can visit from April 22-27. For more articles, please visit CnEVPost.

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Polestar takes $1.6 billion loan to achieve growth targets

Teslarati

As previously announced, the Scandinavian brand will use a pre-existing Volvo Cars manufacturing facility in South Carolina to build their upcoming Polestar 3. This financing round comes only weeks after Polestar announced that it would continue its partnership with Chinese financer Industrial Bank.

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

Baua Electric

Figure’s humanoids will be deployed in BMW’s manufacturing facility in Spartanburg, South Carolina, the largest automotive exporter in the U.S., which currently employees 11,000 people. “We have designed the robot to be safe next to humans.

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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. inducted Pong into its World Video Game Hall of Fame , citing its popularity and influence in launching the video-game industry. How was this the game that launched a billion-dollar industry? Why should we care? Yes, Pong really was fun!

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

Baua Electric

Bryant Walker Smith, a law professor at the University of South Carolina, said “it was and is obvious that Cruise did not tell the truth, the whole truth, and nothing but the truth after the crash.”

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