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Imperium3 New York produces its first full-sized prismatic cells

Green Car Congress

The first cells were produced using manual settings to refine the product design for future automated production. The Imperium3 consortium, which is building the New York-based gigafactory, consists of Magnis Energy, Charge CCCV LLC (C4V), and Boston Energy and Innovation (BEI). Magnis direct and indirectly owns 50.86% of iM3NY.

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Study Suggests Automakers Lose $6,000 On Each EV Sold

The Truth About Cars

Boston Consulting Group, an American-based global management consulting firm that issued the report, said the figure accounts for customer tax credits — painting a rather bleak picture for the future of EVs. consumers surveyed by Boston Consulting Group in January said they intend to purchase an EV as their next vehicle.

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If $50,000 EVs still lose $6,000, when will EVs become profitable?

Baua Electric

Legacy automakers are still losing thousands of dollars on many EV sales, according to newly published analysis from the Boston Consulting Group. BCG estimates that most automakers lose around $6,000 on each EV they effectively sell for $50,000, that price accounting for any tax credits or other incentives the customer might be eligible for.

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Delek sells AltAir renewable diesel/jet business to World Energy for $72M

Green Car Congress

Delek US Holdings has sold AltAir Paramount, LLC and Delek’s Paramount, California refining and pipeline assets to an affiliate of Boston-based World Energy, LLC, a major biodiesel producer. million, taking into consideration estimated working capital, Delek US’ portion of the biodiesel tax credit for 2017, and deal costs.

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How EV Charging Boosts Your Workplace Benefits Package

Blink Charging

Benefits include attracting and retaining environmentally-conscious employees, future-proofing their workplaces, and reducing CO 2 emissions. EV drivers can save thousands of dollars on fuel and maintenance costs and now qualify for a $4000 used EV tax credit or a $7500 new EV tax credit.

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How EV Charging Boosts Your Workplace Benefits Package

Blink Charging

Benefits include attracting and retaining environmentally-conscious employees, future-proofing their workplaces, and reducing CO 2 emissions. EV drivers can save thousands of dollars on fuel and maintenance costs and now qualify for a $4000 used EV tax credit or a $7500 new EV tax credit.

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GM taps LG for Volt Battery

Revenge of the Electric Car

The company was competing for the pact with a joint venture of German’s Continental AG and Boston-based A123 Systems. Failure of the Volt would be disastrous for GM’s image: the company has staked much of its future on an effort to reinvent itself as a leader in clean, green automotive technology.

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