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LG opens its first EV charging equipment factory in the U.S.

Teslarati

According to a press release shared by the company on Monday, LG has opened the EV charger plant in Fort Worth, Texas, set to eventually have an annual capacity of over 10,000 units. The news also came alongside a ribbon-cutting event featuring LG executives, Fort Worth Mayor Mattie Parker, and other local officials.

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

Green Car Congress

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

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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

Rare earth materials sourced from Mountain Pass will be transformed into metal, NdFeB alloy and magnets at a new production facility MP Materials today announced it will build in Fort Worth, Texas, delivering an end-to-end US supply chain. —Shilpan Amin, GM vice president, Global Purchasing and Supply Chain.

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GM and POSCO Chemical to process cathode active material at new $400M joint venture plant in Québec

Green Car Congress

—Doug Parks, GM executive vice president, Global Product Development, Purchasing and Supply Chain. The company will then expand into magnet manufacturing around 2025 at its new production facility in Fort Worth, Texas. POSCO Chemical is a global advanced materials company dedicated to battery for future mobility.

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GM makes its largest green energy purchase to date; 50 MW wind deal

Green Car Congress

General Motors has made its largest renewable energy procurement to date, purchasing enough wind power to equal the electricity needs of 16 of its US facilities, including business offices in Fort Worth and Austin, Texas, a major assembly and stamping complex in Arlington, Texas, and 13 parts warehouses east of the Mississippi River.

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Linear Labs to begin mass production of high-torque M200 e-mobility motor in September

Green Car Congress

million economic incentive deal with the City of Fort Worth. This technological breakthrough has as big of an impact on minimizing global energy consumption as any major battery breakthrough could have. The announcement comes on the heels of a $68.9-million

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VinFast Still Kicking and Planning to Show Vehicles at CES

The Truth About Cars

It is now Vietnam’s largest corporate entity by far — with loads of global business partners, an insatiable appetite for growth, and serious political influence. But the ultimate goal is for VinFast to become a globally recognized EV manufacturer offering competitively priced vehicles.