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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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Eos Energy launches $500M Project AMAZE with $398.6M conditional loan guarantee from DOE; long-term zinc-based storage

Green Car Congress

In 2018, Eos brought its production and supply chain back to the United States from China, and the expanded facility would further build on Eos’ investment in American manufacturing with the increased production of its zinc-based energy storage systems.

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China is Unhappy with the Inflation Reduction Act and Has Complained to the WTO

The Truth About Cars

Among many other things, the Inflation Reduction Act changed the way EV tax credits work in the United States. The Chinese Ministry of Commerce claimed the Inflation Reduction Act is “discriminatory” and said it has “seriously distorted” supply chains. Legal experts say this case might not be so airtight for China, noting that the U.S.

China 79
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New tax rule could save consumers thousands on home energy tech

My Energi

In addition, it will help to further accelerate the government’s legally-binding commitment to reach net zero by 2050 – a good move all round. The move essentially means that investing in next-generation solutions to improve energy efficiency and reduce energy bills will be easier and more cost-effective than ever before for UK households.

Energy 52
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After chiding Ford for US CATL battery plan, GM may be seeking its own

Baua Electric

battery-supply deal with China’s CATL, Car News China reports. So even if Ford or GM controls manufacturing, Chinese intellectual property could make these deals a legal gray area. General Motors is negotiating a U.S. GM already works closely with CATL, but that relationship is limited to the China market.

GM 52
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Tesla investors post questions for TSLA Q3 2023 earnings call

Teslarati

Is your analysis of your supply base risk complete? Tesla Model 3 and Y now cost approximately the same as an average non-luxury car ($31.9k) and non-luxury SUV ($35.7k) after tax credit in the US despite better features. Mercedes is accepting legal liability for when its Level 3 autonomous driving system, Drive Pilot, is active.

Tesla 116
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Ola, Uber roll out subscription-based plans for auto drivers – ET Auto

Baua Electric

The move to launch subscription-based plans – where the platforms charge a fixed daily or weekly fee to driver partners on their platforms for an unlimited number of rides – could help Ola and Uber potentially bypass the 5% goods and services tax (GST) applicable on auto-rickshaw rides facilitated by them, people aware of the developments told ET.

Auto 52