• News aggregator on electric cars and electric vehicles (cars, motorcycles, boats, planes).

LibertyStream commissions lithium refinery in Texas


Canadian lithium extraction technology company LibertyStream Infrastructure Partners has started commissioning its lithium carbonate refining unit in Texas and has received a grant of $500,000 with its partner Wellspring Hydro from the State of North Dakota to support production. LibertyStream aims to build a vertically integrated supply chain for high-purity lithium carbonate sourced from its… Read more…

BYD hits a red light with Q3 profits dipping, but global push accelerates

ArenaEV
The world’s largest maker of electric cars just showed a rare sign of vulnerability. After years of unstoppable growth, BYD reported that its third-quarter profit and revenue actually decreased compared to the same period last year. But for anyone counting BYD out, its nine-month performance and massive global expansion tell a much different story. Let’s look at the rough patch… Read more…

Niron Magnetics receives $10-million grant for US permanent magnet facility


US-based magnet manufacturer Niron Magnetics has been awarded a $10-million grant from the Minnesota Forward Fund to support the construction of its production site for iron nitride-based rare earth-free permanent magnets in Sartell, Minnesota. The financing will help the company advance the development of Plant 1, a 190,000-square-foot facility. Construction of the plant, located on… Read more…