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

Green Car Congress

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

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General Motors invests in stamping, new press lines for EV manufacturing

Teslarati

General Motors has invested nearly a half billion dollars into stamping and new press lines for electric vehicle manufacturing at its Marion, Indiana, metal stamping operations plant. Tesla has developed numerous manufacturing efficiencies through the years to increase production output while improving overall build quality.

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Tesla NACS Texas mandate gets push back from EV Charging firms: Report

Teslarati

Some EV charger makers and operators in Texas have opposed the Lone Star state’s Tesla NACS mandate. According to a document seen by Reuters , a group of EV charging firms claims that Texas’ Tesla NACS mandate is premature. The mandate requires EV charging companies to provide Tesla NACS and CCS ports to customers.

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Tesla gets big win in Texas with NACS requirement

Teslarati

Tesla got a big win in Texas yesterday as the Lone Star State said it would require companies to include the automaker’s North American Charging Standard (NACS) connector in its electric vehicle charging stations if they want to be eligible for federal funding. Reuters initially reported the story.

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USA Rare Earth acquires US rare earth permanent magnet manufacturing capability from Hitachi; mine-to-magnet

Green Car Congress

USA Rare Earth, LLC, the funding and development partner of the Round Top Heavy Rare Earth and Critical Minerals Project in West Texas, has purchased the neodymium iron boron (NdFeB) permanent magnet manufacturing equipment formerly owned and operated in North Carolina by Hitachi Metals America, Ltd.

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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

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

Green Car Congress

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.