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Mullen Technologies receives letter of intent for purchase order of 1,500 MX-05 EVs

Green Car Congress

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.)

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PSA Peugeot Citroën and GM confirm key steps in global strategic alliance; four vehicle projects, joint purchasing

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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.

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Fisker and Magna enter into definitive agreements for production of Fisker Ocean EV

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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.).

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

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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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J.D. Power: Majority of EV owners are intent on purchasing another one in the future

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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.

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United purchasing 15M gallons of renewable jet fuel from AltAir Fuel; Honeywell’s UOP Green Jet

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United Airlines executed a definitive purchase agreement with AltAir Fuels ( earlier post ) for cost-competitive, sustainable, bio-synthetic paraffinic kerosene at commercial scale.

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Gevo signs definitive supply agreement with HCS Holding for commercial supply of renewable isooctane

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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.

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