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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. Linear Labs has raised an additional $6 million in funding to further develop manufacturing capabilities and grow its employee base.

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LG opens its first EV charging equipment factory in the U.S.

Teslarati

According to a press release shared by the company on Monday, LG has opened the EV charger plant in Fort Worth, Texas, set to eventually have an annual capacity of over 10,000 units. The news also came alongside a ribbon-cutting event featuring LG executives, Fort Worth Mayor Mattie Parker, and other local officials.

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GM and POSCO Chemical to process cathode active material at new $400M joint venture plant in Québec

Green Car Congress

The companies previously announced plans to form a CAM processing joint venture in December 2021, majority owned by POSCO Chemical. —Doug Parks, GM executive vice president, Global Product Development, Purchasing and Supply Chain. POSCO Chemical is a global advanced materials company dedicated to battery for future mobility.

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

Green Car Congress

Rare earth materials sourced from Mountain Pass will be transformed into metal, NdFeB alloy and magnets at a new production facility MP Materials today announced it will build in Fort Worth, Texas, delivering an end-to-end US supply chain. —Shilpan Amin, GM vice president, Global Purchasing and Supply Chain.

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GM makes its largest green energy purchase to date; 50 MW wind deal

Green Car Congress

General Motors has made its largest renewable energy procurement to date, purchasing enough wind power to equal the electricity needs of 16 of its US facilities, including business offices in Fort Worth and Austin, Texas, a major assembly and stamping complex in Arlington, Texas, and 13 parts warehouses east of the Mississippi River.

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Linear Labs to begin mass production of high-torque M200 e-mobility motor in September

Green Car Congress

million economic incentive deal with the City of Fort Worth. The company will start with an allocation of production that is distributed between itself and several Tier One sub-contractors in order to expedite the manufacturing ramp rate and delivery of motors to early customers. The announcement comes on the heels of a $68.9-million

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VinFast Still Kicking and Planning to Show Vehicles at CES

The Truth About Cars

Also on display will be the full-size VF9 SUV, which the company said will integrate a new streaming service CES attendees can experience personally, and an all-new electric bike. The Vietnamese car company has only been around since 2017. sales, with this year apparently being no different.