BYD takes aim at US market, evaluating EV plant in Mexico

Image: Business Wire

Chinese battery and electric vehicle powerhouse BYD is preparing to set up an EV factory in Mexico, the head of its Mexican operations told reporters. The company has launched a fe...

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Daily Shorts: Stellantis buys into Leapmotor, Australian state pumps $630 million more into RE

Image: Pexels

Stellantis announced it would buy 21 percent in Chinese EV company Leapmotor for $1.6 billion. In addition, the two companies have formed a joint venture that will hold exclusive r...

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Daily Shorts: UK part-funds Ionic's rare earth magnet recycling plant, US small-sale solar additions hit record high, and more

Rare earths metals company LCM will be involved in the Ionic-to-Ford EV recycling chain. Image Courtesy: Less Common Metals

Ionic Rare Earths received an investment of $2 million from the UK government to set up a rare earth magnet recycling facility in Belfast. In a release, the company said it would p...

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Daily Shorts: China’s Li Auto to launch battery EV, Rivian declares it is financially fit

Image: New Fortress Energy

Rivian Automotive raised full-year production estimates to 52,000 vehicles and proclaimed it was financially stable, bringing some cheer to the troubled US EV sector. Rivian, backe...

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Daily Shorts: Mexican governor eyes EV investment from Tatas, lithium miner tests new extraction process

Image: Shutterstock

Samuel Garcia, governor of the northern Mexican state of Nuevo Leon, is meeting executives in India as part of his plans to attract EV investments in the state, Reuters reports. Te...

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BorgWarner invests on production capabilities of e-mobility techs in Mexico

Automotive technology firm BorgWarner has recently announced an investment package for San Luis Potosi in Mexico that includes a new manufacturing plant focusing on power...

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Solvay, Orbia JV to produce suspension-grade PVDF for batteries in North America

Belgian chemicals firm Solvay and Mexico-based Orbia have announced their entry into a joint venture framework agreement for the production of suspension-grade polyvinylidene fluor...

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Ohmium to supply 343 MW of green H2 for ammonia to Tarafert

Ohmium International, Inc. has announced that it has signed an agreement to provide 343 megawatts of green hydrogen electrolyzers to Tarafert, the developer of large-scale ure...

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LG Magna e-Powertrain setting up a new manufacturing facility in Mexico

LG Magna e-Powertrain, a joint venture between LG Electronics and Magna International, has announced a new electric powertrain manufacturing plant in Ramos Arizpe, Mexico. This is ...

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