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Automotive industry develops new guidance for measuring recycled content of automotive products

Green Car Congress

The document is designed to outline a common industry-supported definition and straightforward approach for measuring recycled content of automotive products consistent with those approaches outlined in other standards. R3: Recycled portion of purchased raw material, including materials recovered or generated by other industries.

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Liontown and Tesla enter into a binding term sheet for supply of lithium from Kathleen Valley project

Green Car Congress

Australia-based battery materials company Liontown Resources Limited entered into a legally binding sales and purchase term sheet with electric vehicle manufacturer Tesla for the supply of spodumene concentrate. spodumene concentrate 6%) production capacity of ~500 ktpa. billion (US$3 billion) and IRR of 57%.

Supplies 243
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Core Lithium and Tesla enter into binding term sheet for the supply of lithium

Green Car Congress

Australia-based Core Lithium has entered into a legally binding Term Sheet with Tesla for the supply of up to 110,000 tonnes of Li 2 O spodumene concentrate from the Finniss Lithium Project over a term of 4 years, with pricing referenced to the market price for spodumene concentrate, subject to a price floor and ceiling.

Supplies 195
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General Motors And Tengzhong Sign Definitive Agreement For Sale Of HUMMER

Green Car Congress

Ltd (Tengzhong) have entered into a definitive agreement that will allow Tengzhong to acquire GM’s HUMMER brand. Tengzhong intends to purchase HUMMER through an investment entity, in which it will hold an 80% stake. General Motors and Sichuan Tengzhong Heavy Industrial Machinery Co., Citi is acting as financial advisor to GM.

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WHYY reports Philadelphia’s Proterra electric bus fleet sidelined due to cracked chassis and other defects

Green Car Congress

In a March 2021 email, SEPTA General Manager Leslie Richards said she planned to tell Federal Transit Administration officials, who helped underwrite the initial purchase of Proterra buses with a $2.6 I definitely worry about those kinds of things,” he said. “If

Fleet 379
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Tesla Sweden takes creative approach to secure license plates amid union strike

Teslarati

Tesla Sweden has taken the legal route to address the issue, but so far, the strategy of IF Metall and its allies appears to be working. Fortunately, as per a recent report from MestMotor.se , Tesla Sweden’s legal team appears to have found a fairly effective way to work around IF Metall’s Tesla license plate blockade.

Sweden 95
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Albemarle signs exclusivity agreement with Mineral Resources for 50/50 lithium JV in W. Australia; $1.15B deal

Green Car Congress

The proposed JV, which remains subject to negotiation of definitive documents, would combine Albemarle’s lithium production and marketing expertise with Mineral Resources Limited’s (MRL) leading regional presence and mining capabilities. The purchase price for Albemarle’s 50% interest in the JV would be US$1.15

Australia 236