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Lordstown Motors delays Endurance truck, sells Ohio factory to Foxconn

Teslarati

Lordstown Motors ( NASDAQ: RIDE ) reported its Q3 2021 Financial Results on Thursday and reported that it will delay the Endurance all-electric pickup once again. Additionally, Lordstown Motors confirmed the sale of its Lordstown, Ohio factory to Foxconn. Lordstown Motors (@LordstownMotors) November 12, 2021.

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DOE announces $2.5B loan to Ultium Cells for three US battery cell manufacturing facilities

Green Car Congress

billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan. The US Department of Energy (DOE), through its Loan Programs Office (LPO), announced the closing of a $2.5-billion Ultium Cells Warren, OH. August 2022.

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Lucid Motors to further localize supply chain under materials agreement with Graphite One

Baua Electric

Lucid Motors and Graphite One have signed a new non-binding supply agreement that involves synthetic anode active materials. As you probably already know, Lucid Motors ($LCID) is a California-based BEV automaker currently selling one flagship model – the Air sedan. The company expects to generate revenue by 2027.

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XL Hybrids system being adopted by Watkins Heating & Cooling

Green Car Congress

announced another win for its retrofitted vehicle electrification system, with the successful installation of the XL3 Hybrid Electric Drive System in the fleet of Watkins Heating & Cooling, a family-owned and operated HVAC service company headquartered in Springboro, Ohio. XL Hybrids, Inc.

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In 1961, the First Robot Arm Punched In

Cars That Think

the parent company of Consolidated Controls), to finance the development of Devol’s invention. General Motors was the first company to bite. On a fateful day in 1961, the Unimate pictured at top took its place on the assembly line of General Motors’ Ternstedt plant, in Trenton, N.J.

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GM Files Voluntary Chapter 11; Agreements with US Treasury and Canada; New GM Expected in 60-90 Days

Green Car Congress

General Motors Corp. Mansfield, Ohio. Parma Components, Ohio Close: Dec 2010. Columbus, Ohio Close: 31 Dec 2009. billion of bridge financing from the German government and a Memorandum of Understanding to partner with Magna International Inc. Grand Rapids, Mich. Close: Jun 2009*. Indianapolis, Ind. Close: Dec 2011.

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What Does GM’s “30 New EVs By 2025” Promise Mean for the US Market?

EV Adoption

GM Stock Chart: Yahoo Finance. Will GM’s Ultium Cells battery factory in Lordstown, Ohio be able to supply enough battery packs? But all other new GM EVs will use the Ultium batteries produced in the LG Chem joint venture Ultium Cells LLC factory in Lordstown, Ohio. Mary Barra, CEO – General Motors.

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