Green Car Congress
NOVEMBER 15, 2022
Archer intends to invest $118M over the next 10 years and will receive an incentive package totaling 33% of its capital investment commitment, which includes land conveyance, tax incentives and Georgia REBA grant. Archer will receive an incentive package, which includes land conveyance, tax incentives and Georgia REBA grant.
Green Car Congress
NOVEMBER 12, 2022
FREYR Battery announced the selection and purchase of a site in Coweta County, Georgia for its planned Giga America battery plant. The SemiSolid platform enables capital and energy efficient production of lithium-ion batteries at scale.
Teslarati
APRIL 29, 2024
W e will have to cut capital expenditure considering sluggish EV market conditions and client demand, ” commented Lee Chang-sil, LGES’ Chief Finance Officer. The South Korean battery manufacturer reported an operating profit of 157.3 billion won (US$114 million). LGES’ operating profit plunged 75.2% compared to the previous year.
Green Car Congress
MAY 15, 2019
The Anaheim Transportation Network has awarded an order for 40 battery-electric buses to BYD. The ATN fleet order will increase the number of BYD electric buses the agency can deploy to serve one of the nation’s busiest tourism and employment regions. The buses range in size from the 30-foot BYD K7M to the articulated 60-foot K11M.
Baua Electric
FEBRUARY 27, 2024
February 26, 2024, will forever be known as Hyundai Day in the state of Georgia as the automaker gears up to begin production at its first dedicated EV and battery plant in the US later this year. Hyundai announced its fast-tracking production at its Hyundai Motor Group Metaplant America (HMGMA) in Georgia.
Baua Electric
MARCH 12, 2024
Hyundai revealed the new IONIQ 5 refresh earlier this month, which includes several design upgrades, a bigger battery (with more range), and an added rear wiper. In Korea, Hyundai added about 7 kWh of battery to the new IONIQ 5, bringing the total to 84 kWh. How will it compare to Rivian’s recently revealed R3X?
Teslarati
MAY 9, 2023
According to Yahoo Finance, this contributed to slightly beating investor expectations, set at $657.7 This is on top of opening all new production lines for new battery technology as well as the hotly anticipated dual motor “Enduro” drive units. Rivian reported an earnings-per-share (EPS) loss of $1.77.
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