This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
an emerging EV manufacturer, has executed a non-binding Letter of Intent with Unlimited Electrical Contractors Corp (UEC) to enter definitive agreements for the purchase of up to 10,000 MX-05 electric vehicles. The initial purchase order is estimated at $75 million. Mullen Technologies Inc., Earlier post.)
earlier post ) This alliance is structured around two main pillars: the sharing of vehicle platforms, components and modules; and the creation of a global purchasing joint venture for the sourcing of commodities, components and other goods and services from suppliers with combined annual purchasing volumes of approximately $125 billion.
has entered into definitive “operational phase” platform-sharing and initial manufacturing agreements with Magna International Inc., Fisker Inc. which clarify and finalize key aspects of the framework agreement previously announced on 15 October 2020. Earlier post.).
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.
Among the early adopters who own an EV, 82% say they “definitely will” consider purchasing another in the future, according to the inaugural J.D. However, satisfaction with the current ownership experience is a key influencer for whether owners will purchase the same brand of EV again.
United Airlines executed a definitivepurchase agreement with AltAir Fuels ( earlier post ) for cost-competitive, sustainable, bio-synthetic paraffinic kerosene at commercial scale.
has entered into a definitive supply agreement with HCS Holding GmbH (HCS) to supply renewable isooctane ( earlier post ) under a five-year offtake agreement. The Supply Agreement has two phases: In the first phase, HCS will purchase isooctane produced at Gevo’s demonstration hydrocarbon plant located in Silsbee, Texas.
Those processes were problem definition, vendor evaluation, solution evaluation, contract negotiation, and contract monitoring. The final draft now includes an additional process: solicitation preparation, which comes right after the problem definition process. The training session is now available for purchase.
The creation of clear definitions for low-carbon emissions physical steel is an important component of ‘demand pull’ and ‘supply push’ mechanisms that are required to support the steel industry in its transition to net zero by 2050, the company said. Dual scoring system.
Alongside business partner AiMOGA, Chery is encouraging its dealers to purchase a Mornine robot to help sell vehicles to customers. Mornine definitely wont scare anyone away, right?
Walmart signed a definitive agreement with Canoo to purchase 4,500 all-electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle (LDV), with the option to purchase up to 10,000 units.
As part of the MOU, De Havilland Canada will be issued options to purchase 50 ZeroAvia hydrogen-electric engines. These options will be confirmed once a definitive agreement has been completed between De Havilland Canada and ZeroAvia.
CAE, a global leader in aviation training, and urban air mobility (UAM) company Volocopter signed a strategic partnership, subject to definitive agreement, to develop, certify, and deploy an innovative pilot training program for electric vertical takeoff and landing (eVTOL) operations.
In addition, Stellantis agreed to purchase €9.2 The binding offtake and share purchase agreements solidify the partnership between Stellantis and Alliance Nickel inaugurated in October 2022 with a non-binding memorandum of understanding for the supply of electric-vehicle battery materials. Resources Anne Oxley, Mark E.
intends to purchase 1,675 electric vehicle conversion kits over five-plus years, marking VivoPower’s second major distribution agreement for Tembo e-LV products. VivoPower has signed a definitive agreement with Canadian industrial equipment distributor Acces Industriel Mining Inc.
We know from our research that many consumers have concerns during the purchase consideration process with aspects like battery range and vehicle charging. However, once someone has purchased a BEV, they’re pretty much hooked. More than half (62%) of these owners say they “definitely will” repurchase from the same brand.
In addition, FedEx is working on a plan to add up to 20,000 more in the years to follow, subject to further negotiations and execution of a definitivepurchase agreement. This agreement adds to FedEx’s initial reservation of 500 BrightDrop EVs announced last year.
Vehicles purchased by fleets in California are eligible for special funding via the California Air Resources Board (CARB) Hybrid and Zero Emission Truck and Bus Voucher Incentive Project (HVIP). Last week, Lightning eMotors and GigCapital3, Inc.,
The definition of the electricity purchase criteria is still outstanding here. The criteria for the levy exemption of green electricity used in electrolysis, which was decided in December as part of the amendment to the Renewable Energy Sources Act, also still need to be worked out.
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
Fuel tankering in commercial aviation is the practice of overfueling with less expensive fuel purchased at one airport to avoid purchasing more expensive fuel at another—in other words, flying with extra fuel on board to save money. For the foreseeable future, SAFs are expected to cost substantially more than fossil jet fuel.
Walmart has signed a definitive agreement with Canoo, a high-tech advanced mobility company, to purchase 4,500 all-electric delivery vehicles, beginning with the Lifestyle Delivery Vehicle (LDV), with the option to purchase up to 10,000 units.
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
The parties contemplate negotiating towards reaching a definitivepurchase agreement with the total volume supplied reaching up to 594 million gallons (1.8 If a definitive agreement is reached it would be one of the most significant commercial collaborations for SAF in the aviation sector and Shell’s largest SAF commitment to date.
Only SMEs (including municipal companies) according to the EU definition and local authorities that do not exceed the maximum total funding amount of €200,000 within the current and the last two calendar years are eligible. The following is funded: the purchase of normal charging infrastructure (AC and DC) (3.7
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%.
Under the offtake agreement, Yibin Tianyi will purchase up to 200,000t per annum of SC6 for an initial 3-year term following commencement of production with an option to extend for an additional two years.
a leading global provider of 3D printing and additive manufacturing solutions, has entered into definitive agreements to acquire two privately-held companies, Solid Concepts Inc. Stratasys Ltd., and Harvest Technologies, both leading providers of additive manufacturing services.
The rebate application period closed in August with an outstanding response from school districts seeking to purchase electric and low-emission school buses across the country. Once notified, selected school districts can proceed with purchasing new buses and eligible infrastructure.
In line with Renault Group’s ambition to offer “made-in-Europe” cars, and following the launch of the Renault ElectriCity production unit for electric vehicles in Europe, the Group will purchase between 6,000 to 17,000 metric tonnes per year of battery-grade lithium chemicals produced in Germany by Vulcan.
Australia-based Renascor Resources has executed a Strategic Cooperation and Offtake MOU with POSCO covering the purchase of 20,000 to 30,000 tpa of Purified Spherical Graphite (PSG) from Renascor’s planned Battery Anode Material operation in South Australia.
There was also a strong interest in financing options: Of the respondents interested in electric cars, 66% of the German and 65% of the American study participants stated that they would purchase the vehicle via a financial product (financing, leasing or car subscription).
Recent reports suggest that Tesla had signed contracts worth about $5 billion to purchase nickel products from Indonesia. In a statement to CNBC Indonesia on Monday, Coordinating Minister for Maritime and Investment Affairs Luhut Pandjaitan noted that Tesla has already started purchasing two products from Indonesia.
The second phase—the rules for which DEQ is currently seeking comments—require the same parties to meet the low carbon fuel standards by supplying cleaner fuels in Oregon or purchasing credits from clean fuel providers. The full program does not mandate the use of a specific alternative fuel or set a cap on total emissions.
The term sheet with Tesla is subject to the parties completing negotiations and execution of a definitive product purchase agreement by 27 August 2022, which is to provide for a supply commencement date before 31 July 2023 (subject to extension by mutual agreement). Source: David Rawlings, Core Exploration.
A 2020 survey found that 31% of drivers said they would consider or definitely get an EV the next time they purchase a vehicle. That momentum has built exponentially, as rising gas prices are prodding people to make quicker moves to all-electric transportation.
Following the launch of Renault ElectriCity—a new production unit for electric vehicles in Europe—the Group will purchase between 26,000 to 32,000 metric tonnes of battery-grade lithium chemicals over the duration of the agreement. Pricing will be based on market price on a take-or-pay basis.
If government officials decide to compensate people to reduce pushback, and the purchase price is insufficient to do that, then how does one set a price on Autopilot and FSD Beta functionality? There’s definitely a price at which most […]. This article is the second part of a two-part series. You can find Part 1 here.
The World Economic Forum (WEF), in partnership with US Special Presidential Envoy for Climate John Kerry, has launched the First Movers Coalition—a new platform for companies to make purchasing commitments that create new market demand for low carbon technologies. The remaining sectoral commitments will launch in early 2022.
As part of its mine-to-magnets strategy, earlier this year USA Rare Earth purchased the sintered neo magnet manufacturing equipment formerly owned and operated in North Carolina by Hitachi Metals America, Ltd. Geomega Resources Inc., Earlier post.) Industry sources project the global neo magnet market will expand by nearly 100% to $27.0
For example, at the same price as the existing entry level P7 RWD Long Range model (RMB 229,900), customers can now purchase the new P7 RWD Standard Range Smart model with added autonomous drive functionality, supported by higher spec XPILOT 2.5+ XPeng also launched a new G3 460c version with LFP-powered batteries.
Nissan Motor has entered into a definitive sale and purchase agreement with GSR Capital (GSR), a private investment fund, for the sale of Nissan’s automotive electric battery operations and production facilities to GSR. The transaction is contingent on GSR concluding purchase of all NECED shares from NEC.
On a global basis, 36% would consider a vehicle with autonomous mode however, only 12% would Definitely Consider. If given the choice, only 6% of new car buyers would purchase a fully autonomous vehicle while the majority (57%) would purchase a vehicle with an autonomous mode and 37% would just purchase a standard vehicle.
Avolon has agreed to pre-order up to 310 aircraft with an option for a further 190, and Virgin Atlantic has an option to purchase between 50 and 150 aircraft. Vertical has entered into a definitive agreement for a business combination with Broadstone Acquisition Corp., a special purpose acquisition company (SPAC). billion.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content