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Lithium-ion battery recycler ABTC expands operations and capacity with newly purchased facility

Green Car Congress

The demand for domestically produced and sustainably sourced battery metals has grown at a near insatiable rate over recent years, as the domestic manufacturing capacity of lithium-ion batteries has grown exponentially from less than 50 GWh/year to now more than 700 GWh/year of operational and announced capacity.

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Honda to purchase 123 GWh of batteries from CATL for EVs in China from 2024 through 2030

Green Car Congress

Leading China-based battery manufacturer Contemporary Amperex Technology Co., announced that from 2024 through 2030, Honda will purchase 123 GWh of batteries for pure electric vehicles in China from CATL. Limited (CATL) and Honda Motor (China) Investment Co., Earlier post.). Earlier post.).

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Sysco Corporation intends to purchase up to 800 battery-electric Freightliner eCascadia Class 8 trucks

Green Car Congress

Daimler Truck North America (DTNA) and Sysco Corporation (NYSE: SYY) a leading US foodservice distribution company, have signed a Letter of Intent (LOI) to deliver up to nearly 800 battery-electric Freightliner eCascadia Class 8 tractors by 2026. After well over one million-miles (1.6 Earlier post.)

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Battery-grade lithium carbonate forecast to trade at $74K/tonne in 12 months

Green Car Congress

Trading Economics global macro models and analysts expectations forecast battery-grade lithium carbonate to trade at 504,813 CNY (US$74,000) per tonne in 12 months time. Lithium is expected to trade at 484,185.00 by the end of this quarter. Source: Trading Economics. Earlier post.). Lithium carbonate is forecast to trade near its high.

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UPS to purchase 10 eVTOL aircraft from BETA, with option for up to 150

Green Car Congress

Through its UPS Flight Forward subsidiary, UPS plans to purchase electric vertical takeoff and landing (eVTOL) aircraft from Beta Technologies ( BETA ) as part of its innovation-driven strategy to identify new ways to help small businesses with sustainable solutions. The charging station also offers the aircraft’s batteries a second life.

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US Postal Service planning to boost purchases of EVs significantly; NGDVs and COTS EVs

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The US Postal Service plans to boost its purchase of EVs based on what it says are refinements to the Postal Service’s overall network modernization, route optimizations, improved facility electric infrastructure, and availability of vehicles and technology. Earlier post.).

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Mullen announces $15.8M vehicle purchase agreement with MGT Lease Company for 250 Class 3 commercial EV trucks

Green Car Congress

Mullen Automotive, an emerging EV manufacturer, announced the signing of a vehicle purchase agreement with MGT Lease Company, a national fleet leasing provider, to purchase 250 all-electric commercial class 3 cab chassis EV trucks. The contract is valued at $15,755,000.

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