article thumbnail

First Cobalt announces positive feasibility results for Canadian cobalt refinery expansion; first NA producer of battery-grade cobalt sulfate

Green Car Congress

The study contemplates expanding the existing facility and adapting it to be North America’s first producer of cobalt sulfate, an essential component in the manufacturing of batteries for electric vehicles. 37 million in undiscounted pre-tax free cashflow to the project forecasted during the first full year of production. Feed Grade.

Sodium 221
article thumbnail

President Obama Awards $2.3B for Tax Credits for New Clean-Tech Manufacturing Jobs; GE Gets Largest Battery-related Award

Green Car Congress

billion in Recovery Act Advanced Energy Manufacturing Tax Credits for clean energy manufacturing projects across the United States. The 183 projects in 43 states include several for the manufacturing of advanced batteries; biomass projects; and vehicles. President Obama announced the award of $2.3 Aerovironment, Inc.

article thumbnail

Top Factors Affecting EV Adoption

EV Connect

For now, the burden is on EV manufacturers to sell that vision, but just as important is the supporting infrastructure. To reach that demographic, EV manufacturers have to show that electric vehicles are a better alternative in terms of cost and performance. Drivers want a safe, affordable and comfortable way to get from A to B.

Charging 104
article thumbnail

Top 5 Electric Vehicle Start-Ups in India

Get Electric Vehicle

According to reports, the Indian government plans to give EV manufacturers new incentives worth up to $8 billion over the next five years. The finance minister announced a tax break for people who purchase electric vehicles in an attempt to increase their popularity. The company has a manufacturing plant in Manesar that can produce 1.2

India 52
article thumbnail

How Umicore is ensuring sustainability in the North American EV battery chain

Charged EVs

Umicore is actively working with cell manufacturers to advance SSB tech, and recently opened a material prototyping center in Belgium that supports all the steps in SSB production, from formulation to testing. Automakers have high hopes for solid-state batteries, mainly because of their improved safety characteristics.

article thumbnail

How Umicore is ensuring sustainability in the North American EV battery chain – Charged EVs

Baua Electric

Umicore is actively working with cell manufacturers to advance SSB tech, and recently opened a material prototyping center in Belgium that supports all the steps in SSB production, from formulation to testing. Automakers have high hopes for solid-state batteries, mainly because of their improved safety characteristics.

article thumbnail

Electric Car Manufacturers Inspire New Paradigms -- Seeking Alpha

Tony Karrer Delicious EVdriven

Kulongoski, Oregon as the electric-car manufacturer may be eyeing the “green” city of Portland. The electric car features three different battery options, two different Lithium-based (LI) systems – A123Systems and Enerdel as well as a Sodium-Nickel battery Zebra (Mes-Dea). Think has established a U.S.