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Rock Tech Lithium to build Europe’s first lithium converter in Germany

Green Car Congress

Rock Tech Lithium intends to build Europe’s first lithium converter—a production plant for battery-grade lithium hydroxide—in Guben, Brandenburg, Germany. The company intends to locate all production steps of lithium refining in one overall plant at the Guben site. The converter is scheduled to start operations in 2024.

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ProLogium to build €5.2B gigafactory for solid-state batteries in France

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Solid-state batteries can also reduce the time for EV recharge to a level similar to the time it takes to refuel an ICE car, the company said. From recovery to reuse, the entire recycling process will help build up a sustainable circular economy for the local battery industry.

France 540
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Daimler to split into two pure-play companies: cars & vans, trucks & buses

Green Car Congress

Daimler plans a fundamental change in its structure, splitting into two independent pure-play companies: Mercedes-Benz Cars & Vans, and Daimler Truck, which will be a spin-off the current Truck and Bus business. It represents the start of a profound reshaping of the company. This is a historic moment for Daimler.

Companies 497
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Hyundai Motor Group starts building lunar exploration rover development model

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Hyundai Motor Group (the Group) has started building an initial development model of a lunar exploration mobility rover in tandem with aerospace partners. Following discussions with the various stakeholders, the Group decided the direction for the initial lunar exploration mobility development model.

Hyundai 435
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Intel to invest $20B to build two processor factories in Ohio

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The investment will help boost production to meet the surging demand for advanced semiconductors, powering a new generation of innovative products from Intel and serving the needs of foundry customers as part of the company’s IDM 2.0 A rendering shows early plans for two new leading-edge Intel processor factories in Licking County, Ohio.

Ohio 435
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Vaekstfonden and DEUTZ AG invest €15M in methanol fuel cell company Blue World Technologies

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Vaekstfonden, the Danish Growth Fund, and the German engine manufacturer DEUTZ AG, are investing €15 million in methanol fuel cell company Blue World Technologies. The aim is to bring the company’s green fuel cell products and solutions to the global market. million in the company. —Dr Frank Hiller, CEO of DEUTZ AG.

Companies 446
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Volkswagen Group software company CARIAD selects BlackBerry QNX for its software platform

Green Car Congress

CARIAD, the Volkswagen Group’s software company, has selected BlackBerry QNX technology as one component of its software platform VW.OS. Announced as part of Volkswagen Group’s NEW AUTO strategy, CARIAD is developing a unified software platform that consists of VW.OS, the Volkswagen Cloud VW.AC

Companies 435