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Aqua Metals and Yulho form strategic partnership for sustainable lithium battery recycling in S Korea

Green Car Congress

The parties have entered into a securities purchase agreement and expect to close on the investment on or about 4 August 2023. For the equity investment, Yulho has agreed to the purchase of approximately 4.5 million shares of common stock at a purchase price of $1.10

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What’s Going On With Saudi Arabia and the Petrodollar?

The Truth About Cars

On June 9th, Saudi Arabia decided against renewing a deal with the United States to continue trading oil in U.S. chose not to renew its 50-year petrodollar deal with the United States. Drivers can likewise rest assured that even a hard pivot away from the dollar wouldn’t drive up fuel prices directly.

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GM and POSCO Chemical to build new N America factory to process cathode active material for Ultium batteries

Green Car Congress

—Doug Parks, GM executive vice president, Global Product Development, Purchasing and Supply Chain. Two more US-based Ultium cell plants are planned by mid-decade as GM drives mass adoption of EVs with high-volume Ultium-powered EVs, including a Chevrolet crossover priced around $30,000.

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Geomega to recycle rare earths from USA Rare Earth’s anticipated neodymium magnet production

Green Car Congress

As part of its mine-to-magnets strategy, earlier this year USA Rare Earth purchased the sintered neo magnet manufacturing equipment formerly owned and operated in North Carolina by Hitachi Metals America, Ltd. Geomega Resources Inc., Earlier post.) Industry sources project the global neo magnet market will expand by nearly 100% to $27.0

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Rivian claims revamped EV incentive bill will benefit its rivals the most

Teslarati

The proposed revamped EV incentive bill being led by Senate Majority Leader Chuck Schumer and Senator Joe Manchin is expected to accelerate the adoption of all-electric vehicles in the United States. But while companies like Tesla and General Motors are definitely celebrating, electric truck maker Rivian is not.

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Totaled Tesla Model 3 gets new lease in life as ultimate budget restoration project

Teslarati

Despite this, a Tesla enthusiast opted to take on such a challenge, and the results were definitely worth it. Electric vehicle advocate Winston, 18, wanted to build the cheapest Tesla in the United States. To accomplish this, he needed a vehicle that he could acquire for an affordable price. But he learned a ton.

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J.D. Power sees hybrid and EV share below 10% of US market through 2016 despite rising fuel prices

Green Car Congress

Percentages for overall consideration of alternative powertrains (definitely would / probably would). The study gauges consumer consideration rates of these powertrain types for their next new vehicle purchase and explores specific perceived benefits and concerns that factor into the decision-making process. Click to enlarge.

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