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General Motors to supply Hydrotec fuel cell systems to Nikola; backing off earlier agreement

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General Motors Co. At that time, Nikola and GM announced a strategic partnership that included GM taking an 11% stake in the Nikola and began with the Nikola Badger and carried cost reductions through Nikola’s programs, including: Nikola Badger, Nikola Tre, Nikola One, Nikola Two and NZT. Earlier post.).

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General Motors increases EV investment by 75% through 2025

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General Motors has increased its electric vehicle investment by 75%, from $20 billion to $35 billion through 2025, the company announced on Wednesday. Commercializing U.S.-made Today, GM is confirming plans to launch its third-generation HYDROTEC fuel cells with even greater power density and lower costs by mid-decade.

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GM-Honda to start hydrogen fuel cell commercial production in MI

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General Motors (GM) and Honda announced that their 50-50 joint venture on a hydrogen fuel cell facility in Michigan is ready to start commercial production. New Toyota CEO considers hydrogen a priority despite EV focus General Motors and Honda’s partnership on fuel cell system development goes all the way back to 2013.

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USABC awards $3.5M low-cost/fast-charge battery technology development contract to Zenlabs Energy

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in Fremont, California for a low-cost/fast-charge (LCFC) technology development. Zenlabs has developed proprietary silicon-based formulations that offer higher specific capacity, longer cycle life, and lower cost. The contract award, which includes a 50% cost share, funds a 24-month project that began earlier this year.

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Electric pickup startup Lordstown Motors goes public via SPAC; $1.6B transaction

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Lordstown Motors Corporation, a startup developing an all-electric pickup truck serving the commercial fleet market, merged with DiamondPeak Holdings Corporation, a special purpose acquisition company (SPAC). billion transaction provides Lordstown Motors with $675 million of gross proceeds.

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GM to invest nearly $800M to convert CAMI into Canada’s 1st large-scale commercial EV plant; EV600 first

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Subject to ratification of a tentative 2021 agreement reached with Unifor and confirmation of government support, General Motors plans to bring production of its recently announced BrightDrop electric light commercial vehicle, the EV600 ( earlier post ), to its CAMI manufacturing plant in Ingersoll, Ontario. billion (C$1.3

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Merchants Fleet intends to buy 12,600 electric light commercial vehicles from GM’s BrightDrop

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Merchants Fleet, the nation’s fastest-growing fleet management company, plans to further electrify its portfolio with BrightDrop, the new business backed by General Motors, offering electric first-to-last-mile products and software services. Earlier post.).

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