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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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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. in the last 12 months and 223.9%

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

General Motors. Charging infrastructure financing: Unlocking Up $4.5 It will also list current tax credits and incentives applicable to EV charging. Among the actions announced are: Unlocking up to $4.5 Duke Energy. Edison Electric Institute. Electric Drive Transportation Association (EDTA). Eversource Energy. Georgia Power.

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UAW president blasts U.S. mortgage to Ford three way partnership battery tasks

Baua Electric

Senator Bernie Sanders criticized a Basic Motors-LG Power Resolution three way partnership battery plant for paying employees a lot lower than GM meeting plant workers despite the fact that it advantages from hefty U.S. executive tax credit. Staff on the Warren, Ohio, JV Ultium Cells plant get started at $16.50

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Cadillac’s ambitious move to an all-electric luxury brand by 2030

Charged EVs

Among cutting-edge automotive buyers—the glitterati of Los Angeles, the tech millionaires of Silicon Valley, the finance titans of Wall Street—only one Cadillac is widely recognized. Yet Cadillac is leading the high end of General Motors’ ambitious move into EVs for all its brands. Celestiq: a true Standard of the World?

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FedEx and VW EV Plans, Second GM Battery Factory – EV Week in Review: Mar 2 – Mar 8

EV Adoption

GM is close to building a second EV battery factory in the US, report says – General Motors is considering building a second battery factory in the United States, The Wall Street Journal reports , in order to ramp up its production of electric vehicles. ” – March 7, Business Insider via Yahoo Finance.

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