@GM: GM and LG Energy Solution Investing $2.6 Billion to Build 3rd Ultium Cells Manufacturing Plant in Lansing

GM and LG Energy Solution Investing $2.6 Billion to Build 3rd Ultium Cells Manufacturing Plant in Lansing 2022-01-25 2.8 million-square-foot facility in Lansing, Michigan expected to create 1,700 new manufacturing jobs Ultium Platform driving GM’s commitment to an all-electric future LANSING, Mich. – Ultium Cells, a joint venture of LG Energy Solution and General Motors,… Continue reading @GM: GM and LG Energy Solution Investing $2.6 Billion to Build 3rd Ultium Cells Manufacturing Plant in Lansing

Shortages of lithium plaguing electric cars, batteries seen easing

The booth of Eve Energy Co Ltd is seen at the China International Hardware Show in Shanghai in June. [Photo provided to China Daily] As demand for lithium has risen sharply, Chinese battery makers have accelerated steps to acquire lithium mining operations at home and abroad. All this is a result of the explosive development… Continue reading Shortages of lithium plaguing electric cars, batteries seen easing

German Manager Magazin: Daimler is now called Mercedes-Benz001497

January 29th is a day with special meaning for the Daimler-Group: On this day 136 years ago, on January 29, 1886, the car pioneer Carl Benz, forefather of the group, submitted his patent for the first motor car. So it is no coincidence that the company changes its name on exactly this day: Daimler becomes… Continue reading German Manager Magazin: Daimler is now called Mercedes-Benz001497

Joby Aviation wants to conduct dramatic eVTOL flights over San Francisco Bay

Joby Aviation is seeking permission for a series of high-profile air taxi flights over San Francisco Bay, according to documents filed with the FCC and obtained by TechCrunch. The tests of the startup’s second-generation pre-production prototype, called the S4, would be the first in full view of the public and the first in an urban… Continue reading Joby Aviation wants to conduct dramatic eVTOL flights over San Francisco Bay

@Groupe PSA: PR Stellantis Announces Early Repayment of €6.3 Billion Credit Facility with Intesa Sanpaolo003180

AMSTERDAM – Stellantis N.V. announced today that FCA Italy S.p.A., a wholly owned subsidiary, and Stellantis’ other Italian subsidiaries, have repaid the €6.3 billion credit facility to Intesa Sanpaolo.The credit facility, entered into in June 2020, was structured to support the restart and transformation of Italy’s automotive sector after the COVID-19 outbreak by providing liquidity… Continue reading @Groupe PSA: PR Stellantis Announces Early Repayment of €6.3 Billion Credit Facility with Intesa Sanpaolo003180

@Groupe PSA: PR Stellantis Improves 2021 Business Performance in China003179

Dongfeng Peugeot Citroën Automobile achieved turnaround, selling more than 100,000 vehicles  Jeep® Wrangler reached historic record in annual sales and Jeep Brand ranked No. 1 in vehicle quality and dependability  Significant advancement in independent aftermarket business AMSTERDAM – In 2021, Stellantis strengthened its business position in China laying a solid foundation for the Company’s long-term… Continue reading @Groupe PSA: PR Stellantis Improves 2021 Business Performance in China003179

Waymo sues California DMV to keep driverless crash data under wraps

Waymo filed a lawsuit against the California Department of Motor Vehicles to keep driverless car crash data from being made public. The autonomous vehicle operator, which is owned by Google’s parent company Alphabet, claims that such data should be considered a trade secret. The news of the lawsuit was first reported by the Los Angles… Continue reading Waymo sues California DMV to keep driverless crash data under wraps

Schaeffler makes using hydrogen easier, safer, and more cost-effective through LOHC technology

2022-01-28 | Herzogenaurach Schaeffler concludes cooperation agreement in the field of hydrogen technology with Hydrogenious LOHC Technologies GmbH and the Helmholtz Institute Erlangen-Nürnberg for Renewable Energies Partnership enables the development of a fuel cell with a liquid-organic hydrogen carrier (LOHC) LOHC makes the operation of fuel cells easier, safer, and more cost-effective and sustainable The… Continue reading Schaeffler makes using hydrogen easier, safer, and more cost-effective through LOHC technology

Musk’s bets on Tesla: human-like robots and self-driving cars

The interior of a Tesla Model S is shown in autopilot mode in San Francisco, California, U.S., April 7, 2016. REUTERS/Alexandria Sage/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 27 (Reuters) – Tesla’s (TSLA.O) most important products this year and next will not be cars, Chief Executive Elon Musk said on… Continue reading Musk’s bets on Tesla: human-like robots and self-driving cars