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HET motor company Linear Labs raises $6M in new funding

Green Car Congress

million partnership with the City of Fort Worth, Texas, was announced, which includes an incentive package involving Linear Labs’ plans to develop an advanced manufacturing facility. The 200 series motors are also 1.7 The 200 series motors are also 1.7 The new capital comes shortly after Linear Labs’ $68.9

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Linear Labs closes $4.5M seed round to fund commercialization of new electric motor technology

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Next-generation electric motor company Linear Labs (LL) closed a $4.5-million LL was established in 2013 after developing an entirely new methodology in the construction of electric motor and generator technologies that create more power while using less energy. This sets the LL Motor apart from conventional electric machines.

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GM and MP Materials enter long-term supply agreement to scale rare earth magnet sourcing and production in US

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General Motors and MP Materials ( earlier post ) have formed a strategic collaboration to develop a fully integrated US supply chain for rare earth magnets. Neodymium-iron-boron (NdFeB) magnets are critical inputs that enable electric motors to transform electricity into motion.

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Aurora unveils ride-hailing test fleet based on Toyota Sienna; testing in Texas

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The Toyota S-AM will serve as the backbone platform for the expected launch of Aurora Connect, its autonomous ride-hailing product. Aurora has worked with Toyota Motor North America’s (Toyota) engineering team over the last year to establish and refine requirements to prepare this vehicle model platform to integrate with the Aurora Driver.

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US DOD awards MP Materials $35M heavy rare earth processing contract

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has been awarded a $35-million contract through the US Department of Defense (DoD) Industrial Base Analysis and Sustainment Program to support the construction of a commercial scale processing facility for heavy rare earth elements (HREE) at Mountain Pass. MP Materials Corp. Earlier post.). Earlier post.). Earlier post.).

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Walmart to buy 4,500 Canoo electric delivery vehicles; option for up to 10,000

Green Car Congress

While the LDV is expected to begin hitting the road in 2023, the companies plan to kick-off advanced deliveries to refine and finalize vehicle configuration in the Dallas Fort Worth metroplex in the coming weeks. Canoo anticipates starting production of the Lifestyle Delivery Vehicles beginning in Q4, 2022.

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VinFast Still Kicking and Planning to Show Vehicles at CES

The Truth About Cars

To that effect, the brand will be putting products on display in Las Vegas next week for CES 2024. Shortly after VinFast confirmed its attendance at CES, it announced that it had officially signed agreements with five dealers in four states across the country to have them play host to its products. But it’s plotting to expand its U.S.