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Stellantis strengthens ties with China’s auto industry

Teslarati

Stellantis appears to be strengthening its ties in China’s automotive industry. Stellantis recently repurchased €934 million in shares from Chinese auto company Dongfeng as per a pre-existing share repurchase framework. Dongfeng Motors Corporation Ltd. is a state-owned automobile manufacturer headquartered in Wuhan, Hubei.

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Factorial Energy testing results for 40Ah solid-state battery: 97.3% capacity retention after 675 cycles

Green Car Congress

In April, Factorial Energy, a start-up solid-state battery technology company, emerged from stealth mode with a 40Ah solid-state battery cell for electric vehicles (EVs) and other applications. Former Chairman and CEO of Panasonic Corporation of North America Joe Taylor serves as Factorial’s executive chairman. Earlier post.).

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Toyota showcases experimental hydrogen-powered GR Yaris

Green Car Congress

The hydrogen fuel, fuel tanks and refueling process of the experimental vehicle are the same as found in the Mirai, Toyota’s commercially available flagship fuel cell electric vehicle. Japan’s auto industry must succeed in building passenger vehicles. 2022 GR Yaris Hydrogen.

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Rivian shuns SPACs, closes another $2.65B investment ahead of electric trucks’ arrival

Green Car Reports

A new round of investment that electric truckmaker Rivian announced Tuesday brings the company even farther into uncharted territory for the auto industry.

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Hyundai, Kia & Factorial Energy partner to develop solid-state batteries for next generation EVs; strategic investment

Green Car Congress

Start-up solid-state battery company Factorial Energy , Hyundai Motor Company and Kia Corporation are partnering to test Factorial’s novel solid-state battery technology and its integration in Hyundai electric vehicles.

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A123 Systems to license Li-ion battery system technology to IHI Corporation; IHI makes $25M equity investment in A123

Green Car Congress

A123 Systems has expanded its business development partnership with IHI Corporation, one of the largest industrial equipment manufacturers in Japan. A123 will license its battery system technology to IHI, which will develop solutions for passenger and commercial electric vehicles in Japan using A123 battery cells.

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Toyota invests $11.1M in Indiana schools to boost STEM programs

Teslarati

The investment supports future STEM careers in the area, including job opportunities in the auto industry. Evansville-Vanderburgh School Corporation (EVSC), North Gibson School Corporation, Building Blocks, and Youth First Inc. Toyota bolstered electric vehicle investments and technology in China last month.

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