Highlights: ioneer has signed a binding offtake agreement with Ford to supply lithium from Rhyolite Ridge in Nevada intended to supply BlueOval SK. In support of end-to-end U.S. EV supply chain and Ford’s plan, ioneer is supplying lithium from its Nevada operations for lithium-ion batteries planned for EVs built in America. The 5-year… Continue reading ioneer Signs Binding Lithium Offtake Agreement with Ford
Tag: Mobility
Norfolk Southern increases conductor trainee pay to $25 an hour; adds biweekly $300 incentive
“We are committed to ensuring our newest team members are well-compensated while they work toward qualifying as conductors,” said Brad Dodd, Director Talent Acquisition at Norfolk Southern. “Norfolk Southern is a great fit for those who want responsibility, autonomy, and take pride in the work they do. We offer competitive compensation, best-in-class healthcare benefits, technical training,… Continue reading Norfolk Southern increases conductor trainee pay to $25 an hour; adds biweekly $300 incentive
Robotaxis/Baidu: driverless cars are the future in China
Vehicles are unlikely to become big profit drivers but search giant has gained a valuable head-start Go to Source
ZeroAvia & Edmonton International Airport Tie Up to Bring Hydrogen-Electric Flights to Canada
Under the agreement, EIA will work with ZeroAvia to develop hydrogen infrastructure at both the main airport and Villeneuve Airport. The partnership targets exploring the use of hydrogen for decarbonization of aircraft operations, and also the wider airport ecosystem. To support the collaboration, ZeroAvia will leverage its experience in developing and operating its Hydrogen Airport… Continue reading ZeroAvia & Edmonton International Airport Tie Up to Bring Hydrogen-Electric Flights to Canada
AutoNation Reports All-Time Record Quarterly EPS
– Second quarter 2022 EPS was $6.48, an increase of 34% compared to second quarter 2021 EPS of $4.83 – Second quarter 2022 operating income was $558 million, an all-time record and an increase of 5% as compared to the same period a year ago – Second quarter 2022 After-Sales gross profit was $482 million, an increase of 11% compared to… Continue reading AutoNation Reports All-Time Record Quarterly EPS
Chinese battery material producer RT Advanced Materials nets nearly $740m in Series D roundShang Qi Capital, the PE arm of SAIC Motor, led the round
RT Advanced Materials, a Chinese producer of lithium-ion battery materials, has closed over 5 billion yuan (nearly $740 million) in a Series D round of financing from investors including Shang Qi Capital. Shang Qi Capital, the private equity (PE) arm of Chinese state-owned automaker SAIC Motor, led the Series D round, in its latest effort… Continue reading Chinese battery material producer RT Advanced Materials nets nearly $740m in Series D roundShang Qi Capital, the PE arm of SAIC Motor, led the round
German Manager Magazine: Ferrari, Audi, Volkswagen, Hildegard Wortmann, Cariad, Tesla, Boeing: The new newsletter manage:mobility001930
Ferrari – that is the epitome of expensive, extravagant, high-horsepower sports cars, of course with a petrol engine. The brand is a myth. On the stock exchange, the company is worth almost 170 times as much as BMW per car sold. Nevertheless, a radical conversion is now pending: Ferrari is to build electric super sports… Continue reading German Manager Magazine: Ferrari, Audi, Volkswagen, Hildegard Wortmann, Cariad, Tesla, Boeing: The new newsletter manage:mobility001930
German Manager Magazin: Autonomous driving: GM and Ford want to bring vehicles without steering wheels001929
The US automakers General Motors (GM) and ford want in the United States Put self-driving vehicles on the road without human controls such as steering wheels and brake pedals. The companies have independently filed a special permit to operate a limited number of autonomous automobiles, separate applications with the US National Highway Traffic Safety Administration… Continue reading German Manager Magazin: Autonomous driving: GM and Ford want to bring vehicles without steering wheels001929
@niche: Navya raises €36m in convertible bonds with stock acquisition rights to finance its growth and large-scale industrialization002018
Villeurbanne, France, July 21th 2022 – 07:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader, announced the […] Villeurbanne, France, July 21th 2022 – 07:30 am CEST – NAVYA (FR0013018041- Navya), an autonomous mobility systems leader, announced the signing of a funding agreement on July 20th with the Negma Group for a… Continue reading @niche: Navya raises €36m in convertible bonds with stock acquisition rights to finance its growth and large-scale industrialization002018
Baidu reveals the next-gen robotaxi that will be deployed throughout China
Baidu, the Chinese search engine giant that has plowed money into AI and autonomous vehicle technology, unveiled Wednesday a new all-electric robotaxi that it plans to deploy at scale across China. Baidu will add the Apollo RT6 EV – a cross between an SUV and a minivan that comes with a detachable steering wheel –… Continue reading Baidu reveals the next-gen robotaxi that will be deployed throughout China