Electric Vehicles

MP Materials Awarded $58.5 Million to Advance U.S. Rare Earth Magnet Manufacturing

Retrieved on: 
Monday, April 1, 2024
Other Manufacturing, Environment, EV, Electric Vehicles, Automotive, Public Policy, Government, Manufacturing, Mining, Minerals, White House, Federal Government, Natural Resources, IRS, MP, Neodymium magnet, Electronics, Commerce, Magnet, Primary energy, Multimedia, Treasury, General Motors

MP Materials (NYSE: MP) has received a $58.5 million award to advance its construction of America’s first fully-integrated rare earth magnet manufacturing facility.

Key Points: 
  • MP Materials (NYSE: MP) has received a $58.5 million award to advance its construction of America’s first fully-integrated rare earth magnet manufacturing facility.
  • View the full release here: https://www.businesswire.com/news/home/20240401035042/en/
    MP Materials has received a $58.5 million award to advance its construction of America’s first fully-integrated rare earth magnet manufacturing facility, pictured in October 2023, Fort Worth, Texas (Photo: Business Wire)
    Neodymium-iron-boron (NdFeB) magnets are the world’s most powerful and efficient permanent magnets.
  • MP Materials began constructing its Fort Worth, Texas, manufacturing facility in April 2022.
  • MP will source the factory’s raw material inputs from Mountain Pass, California, where MP owns and operates America’s only scaled and operational rare earth mine and separations facility.

Europe Electric Vehicle Aftermarket Industry Report 2024: Market to Surpass $50 Billion by 2032, Driven by Electric Vehicle Battery Repair and Replacement and EV Component Recycling and Disposal - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 28, 2024
EV, Electric Vehicles, Aftermarket, Automotive, EVS, Benchmarking, Growth, Investment, Beauty salon

The electric vehicle (EV) aftermarket in Europe is experiencing significant growth, propelled by several key factors.

Key Points: 
  • The electric vehicle (EV) aftermarket in Europe is experiencing significant growth, propelled by several key factors.
  • Growth/Marketing Strategy: The electric vehicle aftermarket is growing at a significant pace and holds enormous opportunities for market players.
  • The companies' preferred strategy has been product launches, partnerships, and collaborations to strengthen their positions in the Europe electric vehicle aftermarket.
  • Competitive Strategy: The key players in the Europe electric vehicle aftermarket analyzed and profiled in the study include electric vehicle aftermarket solution providers that develop parts and accessories for EVs.

NMG Provides Commercial and Operational Update upon Filing 2023 Financial Reports: Significant Progress over the Year in Advancing North America’s Mine-to-Battery-Material Graphite Production

Retrieved on: 
Thursday, March 28, 2024
Natural Resources, Batteries, Alternative Energy, EV, Electric Vehicles, Energy, Automotive, Technology, Mining, Minerals, Carbon, Quality control, Anchor, Innu, Investment, TYO, Inflation, General Motors, EVS, Minority, FID, Education, Benchmark Mineral Intelligence, United States Geological Survey, Graphite, CO2, Verified Carbon Standard, Safety, Workforce, Climate change, Acceleration, VCS, GHG, ESG, Regulation, Acquisition, Student, Annual report, Kilowatt-hour, NOU, NMG, Engineering, Health, Intel, Government, Abitibi, GM, Pressure, Growth, Unitary state, Environment, Bloomberg, Mineral, Multimedia

Leveraging this technological platform, over 4,200 samples were reviewed and prepared by the Company’s battery laboratory in 2023.

Key Points: 
  • Leveraging this technological platform, over 4,200 samples were reviewed and prepared by the Company’s battery laboratory in 2023.
  • NMG also signed a supply agreement with GM for 18,000 tpa of active anode material for an initial term of six years.
  • The Company maintains intensive commercial discussions and continued product qualification with other tier-1 battery manufacturers for the balance of its Phase-2 production.
  • Such measures reaffirm the importance of establishing a local, resilient, and ESG-compliant supply chain of graphite to support battery and EV production.

Ford Motor Company Issues 2024 Proxy Statement, Announces May 9 as Date for Virtual Annual Meeting

Retrieved on: 
Friday, March 29, 2024
EV, Electric Vehicles, Alternative Vehicles, Fuels, Automotive, Automotive Manufacturing, General Automotive, Performance & Special Interest, Vehicle Technology, Manufacturing, Proxy, Ford

Ford today published its 2024 proxy statement and announced the date of the company’s 2024 annual meeting of shareholders, which will again be held virtually.

Key Points: 
  • Ford today published its 2024 proxy statement and announced the date of the company’s 2024 annual meeting of shareholders, which will again be held virtually.
  • The proxy statement and details about the annual meeting can be viewed in the “Reports & Filings” section at shareholder.ford.com , under “Annual Reports & Proxy Statements.” The annual meeting will take place online at 8:30 a.m. Eastern Time on Thursday, May 9.
  • Shareholders can listen, vote and submit questions by logging in at www.virtualshareholdermeeting.com/FORD2024 .

Yamaha Motor Signs Technical Partnership with Lola Cars for Development and Supply of Powertrains for Formula E

Retrieved on: 
Thursday, March 28, 2024
EV, Electric Vehicles, Sports, Hardware, Motor Sports, Sustainability, Alternative Vehicles, Fuels, Technology, Automotive, Environment, Green Technology, Automotive Manufacturing, Manufacturing, Yamaha Motor Company, FIA, Carbon accounting, Partnership, Research, Carbon, Formula, ABB, Multimedia

Through this link to Formula E, Yamaha Motor will work on developing cutting-edge electric technologies with the aim of raising its expertise and capabilities in this field.

Key Points: 
  • Through this link to Formula E, Yamaha Motor will work on developing cutting-edge electric technologies with the aim of raising its expertise and capabilities in this field.
  • Lola is a well-established British racing car development company that has produced vehicles that have competed in numerous international automobile races.
  • With a commitment to sustainable motorsports, the Lola aims to acquire electric racing technology by planning to develop and supply the manufacturer’s perimeter compliant with Formula E homologation standards.
  • To create a more sustainable world, Yamaha will continue promoting the research and development of technologies that contribute to sustainability.

Best Folding E-bikes (2024): Top Compact GOTRAX Electric Bikes Review Published by Compare Before Buying

Retrieved on: 
Thursday, March 28, 2024
Retail, Automotive, Sports, Other Retail, EV, Electric Vehicles, Specialty, Biking, Cycling, Theft, F2, F5, Transport, Headlamp, Traction, Safety, Torque, Zippy, Aluminium

Topping the list is the impressive lineup of GOTRAX electric bikes, with the GOTRAX F2 V2 standing out as the ultimate choice for urban commuters and adventurers alike.

Key Points: 
  • Topping the list is the impressive lineup of GOTRAX electric bikes, with the GOTRAX F2 V2 standing out as the ultimate choice for urban commuters and adventurers alike.
  • Investing in a folding electric bike like those offered by GOTRAX can be incredibly worthwhile.
  • Unlike standard bikes, folding electric bikes eliminate the need for cumbersome bike racks or worrying about theft.
  • Compare Before Buying's comprehensive review highlights the standout features of the GOTRAX F2 V2, providing consumers with valuable insights to make informed purchasing decisions.

Global Automotive Semiconductor Market Outlook & Forecast 2023-2028: A Highly Fragmented $135 Bn Market with Continental, DENSO, Infineon, NXP Semiconductors, Renesas Electronics, and Bosch Dominating - ResearchAndMarkets.com

Retrieved on: 
Thursday, March 28, 2024
Technology, EV, Electric Vehicles, Semiconductor, Automotive, Vehicle Technology, Automotive Manufacturing, Manufacturing, Other Automotive, Consumer Electronics, Electricity, Temperature, NXP Semiconductors, Health, Infineon Technologies, Silicon carbide, Growth, Communication, EVS, Internet of things, Light, Electronics, Denso, ADAS, BMS, Samsung, Investment, Safety, TSMC

The global automotive semiconductor market is highly fragmented, with many local and international players.

Key Points: 
  • The global automotive semiconductor market is highly fragmented, with many local and international players.
  • The leading global automotive semiconductor market vendors are Robert Bosch, Continental, Infineon Technologies, NXP Semiconductors, DENSO Corporation, Renesas Electronic Corporation, and others.
  • APAC dominated the global automotive semiconductor market with a CAGR of around 12% during the forecast period.
  • The shortage of semiconductors in the global automotive semiconductor market is a significant challenge affecting the global automotive industry.

Argonne-Supported Critical Materials Assessment Tags Potential Supply Chain Bottlenecks

Retrieved on: 
Thursday, March 28, 2024
Natural Resources, Defense, Environment, EV, Electric Vehicles, Other Transport, Environmental Health, Automotive Manufacturing, Logistics, Supply Chain Management, Manufacturing, Transport, Other Energy, Other Defense, Contracts, Alternative Energy, Alternative Vehicles, Fuels, Energy, Automotive, Climate Change, Technology, Public Transport, Retail, Batteries, Sustainability, Green Technology, Government Technology, Mining, Minerals, Electricity, Advanced Materials, Dysprosium, EVS, Light-emitting diode, Risk, Energy efficiency, Research, Praseodymium, Graphite, Lithium, Inflation, DOE, Cobalt, Renewable energy

As demand jumps for these critical materials, which are sourced from all over the world, the risk of disruption to supply chains also increases.

Key Points: 
  • As demand jumps for these critical materials, which are sourced from all over the world, the risk of disruption to supply chains also increases.
  • The report, titled the 2023 Critical Materials Assessment , “draws upon mature expertise in complex supply chains and our understanding of the underlying causes of disruptions,” said Allison Bennett Irion, director of supply chain research at Argonne.
  • Argonne helped produce several supply chain reports in response to the 2021 Executive Order on America’s Supply Chains.
  • The 2023 Critical Materials Assessment was funded by the Advanced Materials and Manufacturing Technologies Office within DOE’s Office of Energy Efficiency and Renewable Energy.

Sila Moses Lake Manager Rosendo Alvarado to Speak at Big Bend Community College Building the Future Energy Workforce Event

Retrieved on: 
Thursday, March 28, 2024
Semiconductor, Automotive Manufacturing, Manufacturing, Other Education, Technology, Continuing, Nanotechnology, University, Education, Training, EV, Electric Vehicles, Batteries, General Automotive, Other Technology, Automotive, Workforce, Agriculture, System, Mercedes-Benz, Big Bend Community College, Future Energy

Sila , a next-generation battery materials company, is proud to announce its Moses Lake Plant Manager, Rosendo Alvarado, will be attending and speaking at Big Bend Community College’s Building the Future Energy Workforce event on April 11.

Key Points: 
  • Sila , a next-generation battery materials company, is proud to announce its Moses Lake Plant Manager, Rosendo Alvarado, will be attending and speaking at Big Bend Community College’s Building the Future Energy Workforce event on April 11.
  • Over a decade ago, Sila began its journey to engineer next-generation battery materials powerful enough to advance the clean energy future.
  • Sila also recently announced its new workforce development plans through a first-of-its-kind education program and partnerships with Big Bend Community College and Columbia Basin Technical Skills Center.
  • What: Sila Moses Lake Plant Manager Rosendo Alvarado will join workforce and economic development experts as well as other state legislators in speaking at Big Bend Community College’s Building the Future Energy Workforce event.

Archer Successfully Completes Multiple Battery Pack Drop Tests; One of the Most Challenging Tests It Is Set to Face as Part of the FAA’s Type Certification Program

Retrieved on: 
Thursday, March 28, 2024
Alternative Vehicles, Fuels, Technology, EV, Electric Vehicles, Automotive, Air, Engineering, Transport, Aerospace, Manufacturing, Batteries, Midnight, Failure, Certification, Aviation, Archery, Electric battery

Over the course of this week, Archer’s engineering and certification teams led Midnight’s proprietary battery packs through three 50-foot drop tests simulating extreme impact scenarios.

Key Points: 
  • Over the course of this week, Archer’s engineering and certification teams led Midnight’s proprietary battery packs through three 50-foot drop tests simulating extreme impact scenarios.
  • A pivotal factor in the success of these tests is Archer’s choice to utilize cylindrical cells within Archer’s battery proprietary battery pack design.
  • "Successfully passing the battery pack drop tests marks a pivotal moment that paves the way for future ‘for credit’ certification testing with the FAA," said Alex Clarabut, Archer's Battery Lead.
  • Archer’s Midnight is a piloted, four-passenger aircraft designed to perform rapid back-to-back flights with minimal charge time between flights.