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HET motor company Linear Labs raises $6M in new funding

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million partnership with the City of Fort Worth, Texas, was announced, which includes an incentive package involving Linear Labs’ plans to develop an advanced manufacturing facility. The 200 series motors are also 1.7 The 200 series motors are also 1.7 The new capital comes shortly after Linear Labs’ $68.9

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Infinitum Electric raises $80M in Series D to scale production of PCB motors, support commercialization of new motor for EV market

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Infinitum Electric , creator of the air-core motor ( earlier post ), announced $80 million in Series D funding to scale motor production to meet increasing demand. Infinitum Electric also moved its headquarters to a larger facility in Round Rock, Texas to support the company’s rapid growth and expanding operations.

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Hyundai Motor to use solar energy to power Georgia Metaplant

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Hyundai Motor will use solar energy to power its Georgia Metaplant, which is still under construction. South Korean automaker Hyundai Motor Group signed a 15-year power agreement with Spain’s Matrix Renewables to power the electric vehicle (EV) plant. The company hopes to recover losses from the EV slowdown with plug-in hybrid sales.

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GM and Shell to offer renewable energy solutions to US homeowners, EV owners and suppliers; Texas first

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General Motors and Shell, through its wholly owned subsidiary MP2 Energy, LLC, are collaborating to provide comprehensive energy solutions programs to GM’s customers and supply chain partners, including fixed-rate home energy plans backed by 100% renewable energy resources. of EV charging.

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Fort Worth approves $68.9M incentive package for Linear Labs for electric motor manufacturing

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The City of Fort Worth, Texas has approved a $68.9-million million economic incentive package for electric-motor-manufacturer Linear Labs ( earlier post ) to further solidify the city as the next tech innovation hub. —Brad Hunstable, Co-Founder and CEO of Linear Labs. Large Lorentz force.

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Home Sweet Home: Tesla discreetly places Cybertruck inside Giga Texas

Teslarati

Tesla is continuing construction at Giga Texas, and it appears that it has discreetly placed a future resident of the facility on the second floor: the Tesla Cybertruck. The Cybertruck was spotted on the second floor of the Giga Texas facility. Credit: Texas Terafactory | YouTube.

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GM and MP Materials enter long-term supply agreement to scale rare earth magnet sourcing and production in US

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General Motors and MP Materials ( earlier post ) have formed a strategic collaboration to develop a fully integrated US supply chain for rare earth magnets. Neodymium-iron-boron (NdFeB) magnets are critical inputs that enable electric motors to transform electricity into motion.

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