Remove Building Remove Chinese Remove Industrial Remove Legal
article thumbnail

Ultra Lithium, Power Metals respond to Government of Canada’s order for Chinese divestment in critical minerals

Green Car Congress

The Government of Canada has ordered three Chinese companies to divest from three Canadian critical mineral companies: Power Metals, Lithium Chile, and Ultra Lithium. The company is assessing its legal and other options to preserve value for its shareholders. Earlier post.)

Chinese 321
article thumbnail

Mercedes-Benz announces strategic partnership and equity stake in Chinese battery cell manufacturer Farasis

Green Car Congress

Mercedes-Benz has entered a far-reaching strategic partnership with the Chinese battery cell manufacturer Farasis Energy (Ganzhou) Co., Key elements of the agreement include the development and industrialization of advanced cell technologies, accompanied by ambitious goals for cost competitiveness. including taking an equity stake.

Mercedes 396
article thumbnail

Failed SONDORS Metacycle motorcycle was never street legal, reveals employee

Baua Electric

The closure occurred shortly after Electrek exposed the first images of warehouses full of thousands of SONDORS Metacycles sitting unpaid at the Chinese factory that had been contracted to build the bikes. And during homologation, major issues were overlooked that would render the bike non-street legal.

Legal 52
article thumbnail

China issues draft guidelines to rein in lithium battery industry – ET Auto

Baua Electric

China has released draft guidelines aimed at reining in the country’s lithium battery industry , which has been in Western crosshairs over fears subsidised overproduction could flood global markets with cut-price exports.

article thumbnail

Magna and BAIC to form two JVs to engineer and build premium EVs for customers in China; first production in 2020

Green Car Congress

Over the coming months, Magna and BJEV will work with authorities to implement legally binding joint-venture agreements which will govern the operations of these two joint ventures. The Zhenjiang facility where Magna and BJEV plan to engineer and build electric vehicles for the Chinese market. Earlier post.)

2020 225
article thumbnail

China is Unhappy with the Inflation Reduction Act and Has Complained to the WTO

The Truth About Cars

With an eye on reducing America’s dependence on Chinese batteries and materials, the Act incentivizes automakers to source materials from free-trade-compliant countries and build EVs in North America. Legal experts say this case might not be so airtight for China, noting that the U.S. At the same time, the U.S. others might.

China 98
article thumbnail

Chinese firm invests $27M with U of Michigan to advance autonomous vehicle research and development

Green Car Congress

Frontt Capital Management Ltd, a Shenzhen-based investment firm focused on developing the intelligent vehicle industry in China, is making a $27-million investment to advance autonomous, connected vehicles and robotic technologies with the University of Michigan, along with industry and government partners.

Michigan 150