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GEM commits to invest up to $100M in Skyworks Aeronautics; commercialization of eVTOL gyroplanes

Green Car Congress

announced a $100-million investment commitment from GEM Global Yield LLC SCS, a Luxembourg-based private alternative investment group. Concurrent with a public listing of Skyworks Aeronautics shares, Skyworks Aeronautics will issue warrants to GEM to purchase up to 3% of the common stock of the company. Skyworks Aeronautics Corp.

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Bluejay Mining in JV with Gates-backed KoBold Metals for EV-critical minerals in Greenland; developing Disko

Green Car Congress

Disko is circa the size of Luxembourg, with the largest anomaly being more than 6 km long. I am very pleased to say that we have achieved this now with KoBold, an organization with the heft and technical capability to grow this project to its full commercial potential. We are extremely excited to be working with them.

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Canoo Pickup, Kia EV6, Honda and Mini EV Plans: EV Week in Review – Mar 9-15

EV Adoption

The company recently executed a purchase and sales agreement on an engineering facility in Tunica , according to Yahoo! – March 12, via Commercial Appeal. Austria, Belgium, Greece, Ireland, Lithuania, Luxembourg and Malta also signed up. That facility was previously used by electric car manufacturer Green Tech Automotive.

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