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The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. This transaction also offers TMC shareholders exposure to a royalty company that I am confident under Brian’s leadership will become a market leader. NORI and Low Carbon Royalties are a great fit.

Carbon 352
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Deep-sea battery metal developer DeepGreen going public with SPAC to become $2.9B (equity value) The Metals Company

Green Car Congress

billion (assuming no redemptions) for the combined company, which will be renamed “TMC the metals company Inc.” and operate as The Metals Company upon closing. Rising raw materials prices risk undermining EV manufacturers’ efforts to drive down the cost of EV batteries necessary for mass adoption; and. Source: DeepGreen.

Companies 418
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Tesla’s pay increase for employees revealed in internal documents: report

Teslarati

Tesla’s pay increase for employees in all of its gigafactories and offices in the US was recently revealed in internal documents. The pay increase differs for each state with a Tesla Gigafactory or office because it is based on the cost of living in each area.

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NIO aims for swap stations to serve partly as showrooms in underdeveloped cities

CN EV Post

Up to 70 percent of NIO 's owners are in China's tier 1 and tier 2 cities, and the company wants to leverage battery swap stations to reach out to less-developed tier 3 and tier 4 cities. Now, one of the company's co-founders has revealed more about the thinking behind it.

Parts 121
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EVs like Teslas will be cheaper to produce than their internal combustion rivals by 2027

Teslarati

This should allow companies like Tesla, and perhaps even newcomers like Rivian and Lucid Motors, to hit their pace in their efforts to break into the mainstream auto market. . Fortunately, the cost of producing EV batteries has fallen significantly over the years. Don’t hesitate to contact us for news tips.

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Tier 1 Musashi invests in solid-state battery company KeraCel; long-term partnership

Green Car Congress

Tier 1 Musashi invests in solid-state battery company KeraCel; long-term partnership. In addition, the solid ceramic electrolyte thickness directly impacts the battery’s internal resistance and thus limits charge and discharge rates. Musashi is a global auto parts Tier 1 company for automobiles and motorcycles.

Companies 230
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Hyundai Motor to establish hydrogen refueling station for fuel cell electric buses at Incheon Airport with partners, provide buses

Green Car Congress

Hyundai Motor Company is partnering with Incheon International Airport Corporation (IIAC), Air Liquide Korea and Hydrogen Energy Network (HyNet) to establish a hydrogen refueling station for fuel cell electric buses at Incheon Airport’s Terminal 2 by March 2021. Hyundai fuel cell bus.

Hyundai 377