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Sumitomo Corporation of Americas makes strategic investment in hydrogen fuel provider OneH2

Green Car Congress

Sumitomo Corporation of Americas (SCOA), the largest subsidiary of Sumitomo Corporation, one of the world’s largest traders of goods and services, has invested in OneH2, a hydrogen fuel company headquartered in Longview, North Carolina. Their solution is both mobile and scalable. Hunt Transport Services, Inc. Earlier post.).

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Statevolt acquires 135-acre site near Salton Sea to build 54 GWh gigafactory

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Statevolt , a battery startup seeking to build hyperlocal gigafactories, has acquired a 135-acre site in Imperial Valley, California, as the location for its 54 GWh Gigafactory. At full operating capacity, the Gigafactory will be one of the largest in North America, with capacity to produce batteries for 650,000 electric vehicles a year.

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Honda announces next steps in preparation for EV production in US

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In October 2022, Honda announced that it would invest $700 million to retool several of its existing auto and powertrain plants to establish the new EV Hub in Ohio, to prepare for the production of battery electric vehicles in 2026. Following are key next steps involving several of Honda’s US production facilities.

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GM, Samsung SDI to build $3B battery plant in Indiana

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GM and Samsung SDI, which announced their joint venture in April, will build the plant just east of New Carlisle at Larrison Boulevard and Indiana 2 to supply GM’s growing EV production needs. GM plans to install more than 1 million units of annual EV capacity in North America in 2025 and accelerate from there.

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Chevron, Iwatani to build 30 hydrogen fueling stations in California

Green Car Congress

Chevron USA, a subsidiary of Chevron Corporation, and Iwatani Corporation of America (ICA), a wholly owned subsidiary company of Iwatani Corporation will co-develop and construct 30 hydrogen fueling sites in California by 2026.

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XL Fleet going public via merger with SPAC Pivotal Investment Corporation II; expanding fleet portfolio to all-electric solutions

Green Car Congress

XL Fleet and Pivotal Investment Corporation II, a publicly traded special purpose acquisition company (SPAC), have recently entered into a definitive merger agreement. XL expects to expand its current suite of hybrid and plug-in hybrid solutions for Class 2-6 vehicles to include zero CO 2 (e.g.,

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GM workers ratify UAW deal for Ultium Cell production 

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Workers from General Motors (GM) Lordstown Plant in Ohio ratified a deal between the United Auto Workers (UAW) union and Ultium Cells for the production of electric vehicle (EV) batteries. GM invests $390M in KS for next-gen Chevy Bolt EV production President Biden issued a statement about the agreement.

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