MELBOURNE, Oct 13 (Reuters) – Prony Resources said on Wednesday Tesla Inc (TSLA.O) had agreed to purchase around 42,000 tonnes of nickel in a multi-year deal – a pact that is set to make the New Caledonian miner a key supplier of the metal to the U.S. electric car maker. Prony, which bought the loss-making… Continue reading EnergyNew Caledonia’s Prony to supply nickel to Tesla in multi-year deal9:25 AM UTC
Tag: Electric vehicles
@Tata-JLR: JAGUAR LAND ROVER TRIALS WORLD-FIRST DIGITAL SUPPLY CHAIN FOR LEATHER USING BLOCKCHAIN TECHNOLOGY
For more information about Jaguar Land Rover’s Reimagine strategy please visit: https://www.jaguarlandrover.com/reimagine About Innovate UK The project is funded by Innovate UK on behalf of the Industrial Strategy Challenge Fund (ISCF) Manufacturing Made Smarter Challenge. Innovate UK is part of UK Research and Innovation, a non-departmental public body funded by a grant-in-aid from the UK government. Innovate UK aims… Continue reading @Tata-JLR: JAGUAR LAND ROVER TRIALS WORLD-FIRST DIGITAL SUPPLY CHAIN FOR LEATHER USING BLOCKCHAIN TECHNOLOGY
Tata Motors’ EV biz gets a $1 billion boost with TPG Rise Climate investment
Tata Motors and TPG Rise Climate have entered into a binding agreement whereby TPG Rise Climate along with its co-investor ADQ, are to invest in a newly incorporated subsidiary of Tata Motors. TPG Rise Climate along with co-investors will invest Rs 7,500 crore in compulsory convertible instruments to secure between 11 % to 15 %… Continue reading Tata Motors’ EV biz gets a $1 billion boost with TPG Rise Climate investment
@GM: General Motors, LG Electronics Reach Agreement on Bolt EV Recall Costs October 12, 2021
LG will reimburse GM for recall costs and expenses WARREN, Mich. – General Motors Co. (NYSE: GM) announced today it has reached an agreement under which LG Electronics Inc. will reimburse GM for costs and expenses associated with the recall of Chevrolet Bolt EVs and EUVs due to manufacturing defects in battery modules supplied by… Continue reading @GM: General Motors, LG Electronics Reach Agreement on Bolt EV Recall Costs October 12, 2021
Tesla supplier CATL announces $5 billion battery recycling facility
CATL, the leading battery manufacturer in China, has shared new plans to create a $5 billion facility to recycle used batteries for their earth materials such as cobalt and lithium. The facility will be erected as a joint venture at a time when EVs are becoming more and more in demand globally. Contemporary Amperex Technology… Continue reading Tesla supplier CATL announces $5 billion battery recycling facility
BusinessTesla to expand presence in Palo Alto despite HQ move to Texas -source9:01 PM UTC
A row of Tesla Model S sedans are seen outside the company’s headquarters in Palo Alto, California April 30, 2015. REUTERS/Elijah Nouvelage/File Photo San Francisco, Oct 12 (Reuters) – Tesla Inc (TSLA.O) has agreed to lease office space from HP Inc (HPQ.N) near the electric carmaker’s current headquarters in Palo Alto, California, a person familiar… Continue reading BusinessTesla to expand presence in Palo Alto despite HQ move to Texas -source9:01 PM UTC
BYD and Levo Mobility collaborate to finance and deploy up to 5,000 V2G-equipped EVs
BYD has partnered with Levo Mobility, a joint venture of Nuvve Holding, Stonepeak Partners and Evolve Transition Infrastructure, to integrate Nuvve’s V2G technology with BYD EVs. The companies plan to deploy up to 5,000 V2G-equipped EVs over the next five years. Nuvve’s V2G technology uses bidirectional charging stations to enable EVs to discharge energy from… Continue reading BYD and Levo Mobility collaborate to finance and deploy up to 5,000 V2G-equipped EVs
Tata Motors raises $1b from TPG, ADQ for electric vehicle business
Indian automaker Tata Motors has raised about $1 billion from private equity firm TPG’s Rise Climate Fund and Abu Dhabi state holding company ADQ to expand its electric vehicle business, the company said on Tuesday. Tata Motors will form a separate electric vehicle unit in which TPG and ADQ will hold between 11% and 15%, valuing the new entity at… Continue reading Tata Motors raises $1b from TPG, ADQ for electric vehicle business
Dott launches bike-sharing service in Paris
Nearly a year after Dott originally announced plans to launch a bike-sharing service, the new offering is going live in Paris. Dott is better known for its scooter-sharing service across dozens of European cities. It is adding electric bikes to complement its service. In addition to Dott, Lime and Tier also have scooters currently available… Continue reading Dott launches bike-sharing service in Paris
DreamDrive: Lucid’s Proprietary Advanced Driver Assistance Platform That’s User-Friendly and Future-Ready
“DreamDrive Pro has been designed to grow in capability, thanks to our ability to deliver software over-the-air and key equipment already in place in the vehicle,” said Dr. Eugene Lee, Senior Director, ADAS and Autonomous Driving, Lucid Motors. “Thanks to highly integrated hardware and software teams, Lucid has the ability to develop new functionality for… Continue reading DreamDrive: Lucid’s Proprietary Advanced Driver Assistance Platform That’s User-Friendly and Future-Ready