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Zeon Corporation invests in Mitra Chem; LFP cathode materials

Green Car Congress

Japan-based Zeon Corporation, through its venture capital arm Zeon Ventures Inc., has invested in Mitra Future Technologies, Inc., a US startup developing cathode materials for lithium iron phosphate (LFP) batteries. Earlier post.)In In addition, Zeon plans to explore future collaborations associated with this investment.

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First US corporate customer reserves 100 VinFast EVs

Green Car Congress

Immediately after VinFast’s debut at CES 2022 of its electric vehicles ( earlier post ), Artemis DNA decided to reserve 100 of VinFast EVs, which include VF 6, VF 7, VF 8 and VF 9 at the price points that VinFast announced (for VF 8 and VF 9). With the reservation placed, Artemis DNA will be VinFast’s first corporate customer in the US.

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Sumitomo Corporation of Americas makes strategic investment in hydrogen fuel provider OneH2

Green Car Congress

Sumitomo Corporation of Americas (SCOA), the largest subsidiary of Sumitomo Corporation, one of the world’s largest traders of goods and services, has invested in OneH2, a hydrogen fuel company headquartered in Longview, North Carolina. Their solution is both mobile and scalable.

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Proterra launches cloud-based EV fleet charging software platform with Delaware Transit Corporation

Green Car Congress

Proterra announced the Delaware Transit Corporation (DTC), operator of DART transit services, as its first customer to operate Proterra’s new fully-integrated fleet and energy management software platform, Valence. on its average price of fuel, based on the specific electricity rate structure determined by DTC’s electric utility.

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Tesla loses another fleet customer due to price cuts and value fluctuation

Teslarati

Tesla is losing yet another fleet customer due to price cuts and value fluctuation, as SAP said today that the changes are too much of a risk due to wiping out resale values. It was also struggling with higher-than-expected repair costs, which cut into its adjusted corporate EBITDA. in some time.

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Albemarle ups lithium demand forecast to 3.7 MMt in 2030, calls for higher prices to support new projects to meet demand gap

Green Car Congress

In its 2023 Strategic Update , Albemarle Corporation raised its forecast for 2030 global lithium demand (LCE, lithium carbonate equivalent) to 3.7MMt—an increase of 15% from its previous forecast due to the impact of the US “Inflation Reduction Act” and strong EV demand. Albemarle also estimates the 2030 mined supply to come in at 2.9

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Nikola Corporation to Acquire Battery Pack Company Romeo Power

Electric Cars Report

Nikola Corporation and Romeo Power have entered into a definitive agreement in which Nikola will acquire the battery supplier in an all-stock transaction. The proposed exchange ratio implies a consideration of $0.74 The proposed exchange ratio implies a consideration of $0.74