The maker of Chrysler, Dodge, Jeep and Ram vehicles is investing more than $100 million into a geothermal lithium project in California. Stellantis NV announced last year a binding 10-year agreement with Controlled Thermal Resources Holdings Inc. to supply lithium hydroxide monohydrate starting in 2027 for electric-vehicle batteries. The strengthened partnership increases that expected supply from… Continue reading Stellantis invests $100M into California geothermal lithium project
Tag: Strategy
Inside the UAW’s confrontational new political strategy
This content is only available to subscribers. Get unlimited digital access. $1.50 per month for 12 months. Subscribe Now Your subscription supports: Trusted, up-to-date local Detroit and Michigan-wide breaking news. Accurate, fact-based journalism without an agenda, so you get the information you need to make informed decisions. Complete coverage and commentary on Michigan politics from… Continue reading Inside the UAW’s confrontational new political strategy
Geely, Baidu unveil new car brand Ji Yue
The photo shows a model of Ji Yue, a new brand unveiled by Geely Holding Group and Baidu. [Photo/Xinhua] Volvo-owner Geely Holding Group and China’s internet giant Baidu unveiled a new brand on Monday, calling it a significant milestone in their strategic partnership. The brand, called Ji Yue, is positioned as a “premium intelligent technology brand”, said… Continue reading Geely, Baidu unveil new car brand Ji Yue
Dubai company to invest $500m in Evergrande’s EV arm
Evergrande Group’s Hengchi electric vehicles (EV) are seen displayed at the Hengchi booth during a media day for the Auto Shanghai show in Shanghai, April 19, 2021. [Photo/Agencies] Dubai-based mobility company NWTN reached an agreement on Monday with China Evergrande New Energy Vehicle Group to acquire around 27.5 percent of the Chinese EV maker’s equity… Continue reading Dubai company to invest $500m in Evergrande’s EV arm
VW, Xpeng deal underscores country’s edge in auto software
People look at an electric vehicle of Xpeng during the Swedish eCarExpo 2022 in Stockholm, Sweden, April 29, 2022. [Photo/Xinhua] GUANGZHOU — The landmark cooperation with German car group Volkswagen has testified to the willingness of China’s auto industry to share technologies with the world, said Xpeng CEO He Xiaopeng. In late July, Volkswagen reached… Continue reading VW, Xpeng deal underscores country’s edge in auto software
Darkhive Inc. Awarded $1M Contract with the Office of the Undersecretary of Defense
SAN ANTONIO, Aug. 17, 2023 /PRNewswire/ — Darkhive Inc., a San Antonio-based autonomous uncrewed systems developer specializing in defense and public safety solutions, announced the award of a $1M contract with the Office of the Undersecretary of Defense for Research and Engineering (OUSD R&E) to enhance the capabilities of its small autonomous drones in support… Continue reading Darkhive Inc. Awarded $1M Contract with the Office of the Undersecretary of Defense
The Automotive Exhaust System Market size to grow by USD 23.51 Billion from 2022 to 2027; The increasing use of lightweight and advanced alloys will drive growth – Technavio
NEW YORK, Aug. 17, 2023 /PRNewswire/ — The automotive exhaust system market is estimated to grow at a CAGR of 7.42% from 2022 to 2027. The market size is forecast to increase by USD 23.51 billion, according to Technavio.- Download a Sample Report! Automotive Exhaust System Market Insights – Continue Reading Technavio has announced its latest… Continue reading The Automotive Exhaust System Market size to grow by USD 23.51 Billion from 2022 to 2027; The increasing use of lightweight and advanced alloys will drive growth – Technavio
German FAZ: Young and wise006755
She: “Are you on Facebook?” He: “I’ve been on Facebook for ten minutes.” She: “Better late than never.” This dialogue takes place in the film “You Never Stop Learning” with Robert De Niro and Anne Hathaway. She plays Jules Ostin, CEO and founder of a successful online fashion company, while he plays Ben Whittaker, a… Continue reading German FAZ: Young and wise006755
German Manager Magazin: CATL produces powerful electric car battery: 400 kilometers range in ten minutes002668
A new battery out China should electric cars a range of 400 kilometers after just ten minutes of charging. The “Shenxing” cell will herald an “era of super-fast charging of electric vehicles”, announced the largest Chinese battery manufacturer CATL on Thursday night (CET). For comparison: Tesla claims to be able to charge the Model 3… Continue reading German Manager Magazin: CATL produces powerful electric car battery: 400 kilometers range in ten minutes002668
VSE Aviation Partners with AvAir for Asset Management
Global Aviation Aftermarket Parts Supplier Gains New Rotable Inventory Pools CHANDLER, Ariz., Aug. 17, 2023 /PRNewswire/ — AvAir, an industry-leading inventory solutions provider for the aviation aftermarket has been selected by VSE Aviation to manage a large component exchange pool composed of Airbus and Boeing fleet parts. All materials will be certified by VSE Aviation’s… Continue reading VSE Aviation Partners with AvAir for Asset Management