BERLIN, July 26, 2022 /PRNewswire/ — Data Bridge Market Research in its report titled of Global Electric Trucks Market offers comprehensive insights and detailed research on this market. The report covers the key factors that are propelling the growth of the Electric Trucks market, untapped lucrative opportunities for manufacturers, latest trends and latest developments that are shaping… Continue reading Electric Trucks Market is anticipated to reach a CAGR of 26.6% by 2029, Share, Size, Price, Growth, Demand, Statistics and Segmentation Analysis
Tag: Tesla
Clean Tecnica: Tesla Dry Lithium Cathode Production Facility Framework is Finished 002131
In the pics above, you can see the Tesla Giga Texas factory, which includes an automated 4680 battery production facility. This is the second Tesla 4680 battery factory. The first one is the prototype 4680 factory in Fremont, California. The prototype factory in California has surpassed a million 4680 cells of production. The third 4680… Continue reading Clean Tecnica: Tesla Dry Lithium Cathode Production Facility Framework is Finished 002131
GM secures $2.5 billion government loan to build EV battery factories
The Energy Department’s Advanced Technology Vehicles Manufacturing Program (ATVMP) hasn’t offered a loan to an electric car maker since 2010, but it’s ready to offer money once again. As Reuters reports, the Energy Department is providing a $2.5 billion loan to the GM and LG joint venture Ultium Cells for the sake of constructing EV… Continue reading GM secures $2.5 billion government loan to build EV battery factories
GM joint venture to receive $2.5B government loan for US battery plants
The U.S. Department of Energy is reviving an old loan program and its first recipient is the joint battery venture between General Motors and LG Energy Solution. The $2.5 billion loan issued to GM and LG Energy will be used to help finance the construction of new lithium-ion battery cell manufacturing facilities. Reuters was first… Continue reading GM joint venture to receive $2.5B government loan for US battery plants
GM joint venture gets $2.5 billion government loan to help build EV battery cell plants
General Motors’ joint venture with LG Energy Solution is on track to receive a multibillion-dollar loan from the U.S. government to build battery cell plants for electric vehicles, including one going up in Lansing. On Monday, the Department of Energy announced “a conditional commitment” for $2.5 billion to GM and LG’s 50-50 joint venture called Ultium Cells LLC. “While this conditional… Continue reading GM joint venture gets $2.5 billion government loan to help build EV battery cell plants
GM’s new website, EV Live, connects potential buyers with EV specialists: What to know
General Motors has a new idea to encourage electric vehicle adoption: EV Live. On Monday morning, GM introduced and launched the new website, evlive.gm.com, which invites people to interact one-on-one with EV specialists to learn everything they need to know about EVs. GM leaders say it will be a key factor in helping more people feel comfortable with EV adoption. “Addressing… Continue reading GM’s new website, EV Live, connects potential buyers with EV specialists: What to know
Energy Department will lend G.M. and LG $2.5 billion to build battery factories.
The U.S. Energy Department said Monday that it would lend $2.5 billion to General Motors and LG Energy Solution to build battery factories, advancing the Biden administration’s plan to promote electric vehicles and reduce dependence on China for critical components. G.M. and LG Energy, a South Korean battery maker, are partners in Ultium, a joint… Continue reading Energy Department will lend G.M. and LG $2.5 billion to build battery factories.
Tesla will spend more to increase production at two new factories.
Tesla said on Monday that it was increasing spending by about $1 billion to ramp up its factories, develop new batteries and finance other projects. In a securities filing, Tesla said it expected capital expenditures to be $6 billion to $8 billion in 2022, up from an April forecast of $5 billion to $7 billion.… Continue reading Tesla will spend more to increase production at two new factories.
GM launches EV Live: A free, one-on-one virtual education service with EV specialists
To further spread the good word of EV adoption, General Motors (GM) has introduced EV Live – an immersive one-on-one experience where the public can call into a live studio of EV specialists and have all their questions answered virtually… oh, and it’s free. Score. As one of the world’s largest automakers, GM has recently… Continue reading GM launches EV Live: A free, one-on-one virtual education service with EV specialists
Average electric car price hit $66,000 in the US, but that’s not the whole story
The average electric car price in the United States hit $66,000 last month – a more than 13% increase year over year. That’s a bit disappointing since the promise has been that EV prices would come down, but this price increase isn’t the whole story. One of the biggest complaints about electric vehicles remains their… Continue reading Average electric car price hit $66,000 in the US, but that’s not the whole story