Electrek

OCTOBER 21, 2022

EV start-up Arrival has announced its second business strategy pivot in the past three months. After recently demonstrating the successful use of its microfactory model in the UK to build its all-electric van, Arrival has decided to refocus its business approach and all resources for the US market with hopes of maximizing federal tax credits.

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Tax Credit Production Tax All-Electric 91

Green Car Congress

DECEMBER 21, 2022

Magna International will acquire the Veoneer Active Safety business from SSW Partners for $1.525 billion in cash, subject to working capital and other customary purchase price adjustments. The combined business is projected to generate approximately $3 billion in sales in 2024, positioning Magna’s ADAS business as a global leader.

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Green Car Congress

NOVEMBER 3, 2016

Daimler AG is expanding its stationary energy storage business to the US market. Boris von Bormann, US solar industry expert, has been selected as the CEO for the new Mercedes-Benz Energy Americas, LLC. The energy storage concept devised by Daimler Business Innovation provides for a variety of applications.

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Teslarati

JANUARY 31, 2023

Regulatory filings indicate that the company had registered with the US Treasury as a payments processor in November. One of the FT’s sources noted that Twitter is looking to complete US licensing within a year. The Teslarati team would appreciate hearing from you. The Teslarati team would appreciate hearing from you.

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Green Car Reports

OCTOBER 15, 2022

Sono Motors is bringing its Sion solar-supplemented EV to the United States, but it's unclear if the small hatchback will be sold here to retail customers. The Sion was on display in New York City's Time Square Tuesday, followed by a stop in Brooklyn Wednesday on what will be a multi-city tour, Sono said in a press release. The car will also be.

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Solar New York City New York Fleet 204

Green Car Congress

AUGUST 4, 2017

Toyota Motor Corporation (Toyota) and Mazda Motor Corporation (Mazda) signed an agreement to enter a business and capital alliance, with the aim of further strengthening their partnership. Under the new agreement on the business alliance, the companies will: 1. Establish a joint venture that produces vehicles in the US.

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Wallbox

MARCH 16, 2023

Let us introduce you to Douglas Alfaro, the new Chief Business Officer at Wallbox The interview Tell us about yourself, what is your current role and what’s your background? Every few months I also visit our Barcelona HQ to collaborate with our other business leaders and product teams. What do you do at Wallbox?

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North America IDEA America Building 52

Green Car Congress

AUGUST 12, 2016

Sumitomo Corporation together with Sumitomo Corporation of Americas (collectively, SC Group) announced a strategic collaboration agreement with US Hybrid to grow US Hybrid’s fuel cell production business through the expansion of fuel cell stack production capacity. US Hybrid introduced the “freeze-capable” 80 kW unit in May.

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Green Car Congress

JULY 6, 2021

At the “SK Innovation Story Day” briefing session in Seoul last week, Dong-Seob Jee, President of SK Innovation’s Battery Business, said from its current 40 GWh battery production level, the company expects to reach 85 GWh in 2023, 200 GWh in 2025 and more than 500 GWh in 2030. trillion won (US$2.2 trillion won (US$1.2

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Batteries Battery Li-ion Energy Storage 448

Green Car Congress

APRIL 29, 2023

Bosch is expanding its semiconductor business with silicon carbide chips. The technology company plans to acquire assets of the US chipmaker TSI Semiconductors, based in Roseville, California. Bosch intends to invest more than US$1.5 By 2025, Bosch expects to have an average of 25 of its chips integrated in every new vehicle.

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Clean Cleaning Manufacturer Global 458

Green Car Congress

SEPTEMBER 28, 2022

Cemvita Factory announced multiple developments with its Gold Hydrogen business. Following successful field trial results, Cemvita has created a wholly owned subsidiary for the Gold Hydrogen business, Gold H2 LLC (GH2), and subsequently raised and closed funding into the entity, led by founding investors Chart Industries and 8090 Industries.

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Green Car Congress

JULY 4, 2023

In a new report , Deloitte forecasts that the clean hydrogen market will top the value of the liquid natural gas trade by 2030 and grow further to US$1.4 If policymakers and business leaders provide decisive support of the market, green hydrogen can outcompete carbon-intensive hydrogen production in less than 10 years.

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Clean Cleaning Hydrogen Market 429

Green Car Congress

JULY 5, 2023

trillion KRW (US$2-billion) acquisition of electric foil manufacturer Iljin Materials, and changed Iljin’s name to Lotte Energy Materials , in a bid to boost its battery business. In the future, it plans to expand the plant to 230,000 tons by 2027 through its bases in Malaysia, Spain and the US. In March, Lotte completed the 2.7-trillion

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Malaysia Batteries Battery Production 195

Green Car Congress

MAY 2, 2023

Volta Trucks announced a partnership with EAVX , a business unit within J.B. JBPCO) the business units of which lead North America’s commercial vehicle body market, to build the truck bodies for the upcoming Pilot Fleet of all-electric Volta Zeros in the US for the Driving Experience Program. Poindexter & Co.,

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Green Car Congress

JUNE 13, 2023

This investment will enable the company to strengthen its industry-leading full-size truck business. The announcement brings GM’s US manufacturing and parts distribution facility investment commitments to more than $31.6 This investment will support new conveyors, tooling and equipment in the plant’s body and general assembly areas.

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GM Future Silverado Production 370

Green Car Congress

JANUARY 26, 2023

NEO Battery Materials, a low-cost silicon anode materials developer that enables longer-running, rapid-charging lithium-ion batteries ( earlier post ), is under the process to establish NBM America, a US subsidiary, in February. The Ohio R&D Center and office will be added for the first phase of the US business expansion plan.

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Ohio Batteries Battery Lithium Ion 186

Teslarati

APRIL 30, 2024

Tesla Megapack deployment reached an all-time high in the first quarter of the year, along with the company’s energy business reaching higher profit margins than ever before. percent on its energy business. “It will increase—we actually know that it will—significantly faster than the car business, as we expected.”

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Green Car Congress

APRIL 29, 2020

SK Innovation announced plans for additional investment in its US battery business, following approval by the SK Innovation Board of Directors to fund the start of construction of a second electric vehicle battery plant in Georgia. billion in its US battery business to build two plants at its site in Commerce, Ga.,

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Georgia Building Batteries Battery 394

Green Car Congress

SEPTEMBER 17, 2020

LG Chem plans to spin-off its global battery business. LG Chem will seek approval from an extraordinary meeting of stockholders on 30 October and officially launch the spin-off—tentatively named LG Energy Solution—as a new corporation exclusively in charge of the battery business from 1 December.

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Batteries Battery Corporation Sale 382

CleanTechnica EVs

APRIL 27, 2024

A recent video from Out of Spec Dave on YouTube shows us something cool that happened at a Tesla Supercharger: drivers figuring out how to deal with a busy charger on the fly. continued] The post Charging Stations Need A Plan & Not Random Kindness For Busy Times appeared first on CleanTechnica.

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Charging Tesla Electric Vehicles Vehicles 102

CleanTechnica EVs

APRIL 4, 2024

The US startup Intramotev is squeezing diesel out of the freight hauling business, starting with electric trains for heavy industries. The post Autonomous Electric Trains Really Are Coming For Your Diesel appeared first on CleanTechnica.

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Electrek

FEBRUARY 14, 2024

Are cheaper Chinese EVs a “colossal strategic threat” poised to enter the US market? Marin Gjaja, chief operating officer for Ford’s EV unit, believes they could put them out of business.

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Electrek

MARCH 21, 2024

Electric freight mobility specialist Einride has opened its first Smartcharger station in the US, launching as the largest operational charging site for heavy-duty EVs on the continent. The new station is strategically located in a busy freight corridor, providing electric truck drivers with 65 charging piles powered by Voltera.

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Electric Cars Report

NOVEMBER 10, 2023

Volvo Group has been selected as the winning bidder in an auction for the battery business and assets of troubled Proterra in the United States with a $210 million bid. The deal comes just a few months after the US electric bus and battery manufacturer filed for Chapter 11 bankruptcy protection in the US.

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Electrek

JANUARY 19, 2024

The US Treasury Department released updated guidance today on EV charger tax credit eligibility for individuals and businesses – here’s the lowdown.

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Tax Credit Tax 129

Teslarati

JANUARY 28, 2024

During the fourth quarter and full year 2023 earnings call, Tesla executives highlighted that the growth of Tesla’s energy storage business would outpace the growth of the company’s automotive division this year. As per Tesla CFO Vaibhav Taneja, the company’s energy storage business is also seeing a rise in revenue.

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Energy Storage Batteries Battery Tesla 137

Teslarati

APRIL 28, 2024

Tesla China seems to be busy exporting the newly-launched Model 3 Performance to foreign territories. It was then no surprise that Giga Shanghai, which produces the Model 3 Performance for both the domestic Chinese market and foreign territories , seems to have become very busy producing the vehicle.

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Fleet Tesla Price China 116

Electric Cars Report

MAY 14, 2023

and Black Spade Acquisition Co have entered into a business combination agreement. After the transaction, VinFast will have an equity value of over US$23 billion and be listed in the U.S.

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Electrek

MARCH 11, 2024

The US Treasury Department released updated guidance on EV charger tax credit eligibility for individuals and businesses – we’re reposting this story because it’s tax season.

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Tax Credit Tax 103

Teslarati

DECEMBER 14, 2023

The US residential solar landscape is changing, with batteries steadily becoming essential companions for solar installations. As noted by Wood Mackenzie in a recent post, 11% of US homes with solar installations now include a battery storage system. Don’t hesitate to contact us with news tips.

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Market Tesla Batteries Battery 133

CleanTechnica EVs

NOVEMBER 13, 2023

An electric car is different from a conventional car, which is a problem for American car dealers who fear a loss of business. The post Car Dealers Are The Biggest Barrier To The Electric Car Revolution In The US appeared first on CleanTechnica.

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Dealers Electric Cars Cars Electric 138

Teslarati

FEBRUARY 25, 2024

Tesla CEO Elon Musk has personally pledged to correct a mistake from the electric vehicle maker that left a small business in San Jose in a tricky situation. As per Musk in a post on X, the social media platform formerly known as Twitter, people and businesses should be able to count on Tesla to always try its best.

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Teslarati

JANUARY 20, 2024

The new Tesla distribution site will be located in a warehouse in the Fox Hill Business Park in Fountain Inn, with the site being developed by New Jersey-based developers The Sudler Companies (via WYFF4 ). You can see an aerial rendering of the site below, depicting Building 3 alongside the business park’s other facilities.

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Electric Cars Report

MAY 2, 2023

The all-electric commercial vehicle manufacturer and services provider Volta Trucks is partnering with EAVX, a business unit within J.B. whose business units lead North America’s commercial vehicle body market, to build the truck bodies for the upcoming Pilot Fleet of all-electric Volta Zeros in the US for the Driving Experience Programme.

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Fleet Commercial All-Electric Building 118

Teslarati

APRIL 29, 2024

Tesla’s unique diner, drive-in movie theater and Supercharger station is starting to come together, with recent footage of the construction site showing crews busy at work. Let me know at zach@teslarati.com , find me on X at @zacharyvisconti , or send us tips at tips@teslarati.com. What are your thoughts?

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Electrek

JUNE 20, 2023

EV charger annual installed capacity is going to overtake distributed solar – that is, rooftop solar on individual homes and businesses – for the first time in 2023 in the US. more… The post For the first time, US EV charger capacity will overtake rooftop solar in 2023 appeared first on Electrek.

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Solar Installation 137

Electrek

OCTOBER 23, 2023

Food trucks in the US are huge business, and huge polluters with noisy generators spewing noxious fumes into the air, making that artisan taco a little less palatable.

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Gas Emissions Seattle Pollution 110