article thumbnail

Albemarle lithium net sales up 410% in Q4 2022 to $2.1B

Green Car Congress

billion due to higher pricing net of FX (+328%) related to renegotiated contracts and increased market pricing. Albemarle reported that its Q4 2022 lithium net sales increased $1.7 billion (+410%) to $2.1 Adjusted EBITDA of $1.2 billion increased by $1.0 billion as higher pricing and volumes more than offset higher costs.

article thumbnail

Albemarle to build $180M lithium materials research facility in N Carolina

Green Car Congress

Albemarle Technology Park is part of our mine-to-market innovation strategy to invest in the US EV battery supply chain and to be a leader in advanced lithium materials for next-generation energy storage. Albemarle expects initial occupancy of the new facility by early 2025 and completion of the ATP campus by late 2026.

article thumbnail

Scout Motors selects South Carolina for first plant; $2B investment, 200k units per year

Green Car Congress

Bordered by I-77 and Blythewood Road, its strategic location is less than 20 miles north of Columbia and near major cities and talent hubs such as Charleston, Charlotte, Greenville, and Atlanta. Scout’s trucks and rugged SUVs will be built on a newly designed all-electric platform that delivers credible capability and off-road prowess.

article thumbnail

US DOE awards EPRI $5.1M for advanced nuclear technology

Green Car Congress

Advanced Reactor Development Projects pathway, which allows a broad scope of proposed concepts and ideas that are best suited to improving the capabilities and commercialization potential of advanced reactor designs and technologies. million to the Electric Power Research Institute, Inc. million to the Electric Power Research Institute, Inc.

EPRI 223
article thumbnail

NHTSA ODI opens preliminary evaluation of Tesla Autopilot following 11 crashes at first responder scenes

Green Car Congress

The investigation will additionally assess the Object and Event Detection and Response (OEDR) by vehicles when engaged in Autopilot mode, and Operational Design Domain (ODD) in which the Autopilot mode is functional. The eleven crashes of concern to ODI are: Date. City/County. 07/10/2021. 05/19/2021. 03/17/2021. 02/27/2021. Montgomery County.

San Diego 170
article thumbnail

Zap&Go bringing C-Ion technology to Williams Advanced Engineering-led consortium as part of ?246M Faraday Battery Challenge

Green Car Congress

The project is part of the UK Government’s Faraday Battery Challenge, a £246-million (US$326-million) commitment to battery development for the electric vehicle market. C-Ion have all of the advantages of EDLCs, but are designed to operate at higher voltages through the use of their technologically advanced electrolytes.

Li-ion 231
article thumbnail

UQM Technologies to display new PowerPhase HD electric drive system at 2012 HTUF

Green Car Congress

will display the new PowerPhase HD 220 electric drive system at the upcoming Hybrid, Electric and Advanced Truck Users Forum (HTUF) national conference and expo in Charlotte, NC. It joins the line of automotive-qualified PowerPhase Pro propulsion systems for battery electric vehicles in multiple market segments. UQM Technologies, Inc.

Charlotte 218