January 2022

LG Innotek and Samsung are bidding for Tesla camera module orders: report

Recent reports from South Korean media outlets have suggested that companies like LG Innotek and Samsung Electro-Mechanics are currently competing for a supply contract for Tesla cameras. Citing industry sources, Korean tech publication TheElec noted that the aspiring companies are currently participating in a bidding program for Tesla’s camera modules.  LG Innotek is already playing a notable […]

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VW & Bosch team up to industrialize battery cell production in Europe

Volkswagen Group signed a memorandum with Bosch Group on Tuesday, January 18, 2022, to explore industrial-scale solutions for battery cell manufacturing in Europe.  According to VW and Bosch’s announcement, the companies want to become a European battery equipment solution provider. They plan to supply integrated battery production systems and provide on-site ramp-up or maintenance support to

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GM’s Chevy Bolt plant gets $1.3 billion tax rebate to ramp EV production

Orion Township approved General Motors’ (GM) request for a tax rebate on its proposed $1.3 billion investment to expand the Orion Assembly Plant, the facility that makes the Chevy Bolt. The Orion Assembly Plant will also produce GM’s other electric vehicles.  GM plans to introduce 30 new electric vehicles to the global auto market by 2025, and

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SpaceX Falcon 9 booster becomes fourth to launch and land ten times

For the fourth time, a SpaceX Falcon 9 booster has successfully completed ten orbital-class launches and landings. A day later than planned, Falcon 9 booster B1060 lifted off from Kennedy Space Center’s Pad 39A at 9:02 pm EST (02:02 UTC) on Tuesday, January 18th. Carrying an expendable Falcon upper stage and 49 Starlink V1.5 satellites,

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Rio Tinto to buy lithium project in Argentina for $825 million

Mining and metals company Rio Tinto plans to purchase a lithium project in Argentina for $825 million from Rincon Mining in a transaction that’s expected to close in the first half of 2022. The Rincon lithium project is in the Salta province of Argentina, and currently hosts a pilot lithium production plant. After the purchase

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Proterra to supply batteries for Nikola Class 8 trucks

Nikola and Proterra have announced a multi-year supply agreement to power Nikola’s zero-emission Class 8 semi-trucks with Proterra’s battery technology. Proterra’s US-made battery systems feature a customizable design to fit within a variety of vehicles. The companies expect to incorporate Proterra’s products in the Nikola Tre battery-electric vehicle and Tre fuel cell electric vehicle. Proterra

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California budget proposal includes $6.1 billion for EV initiatives

California Governor Gavin Newsom has presented a $286.4-billion budget proposal for the 2022-2023 fiscal year. This so-called California Blueprint includes $22.5 billion in climate-related investment, and some $6.1 billion of this consists of EV-related initiatives. Newsom defended the aggressive scale of the state’s proposed investment, and gently chided the US federal government for its far

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