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The $7500 Instant Cash Rebate: New EV Tax Credit's Implications From Consumers To Domestic Suppliers Of Battery Minerals Such As Foremost Lithium (NASDAQ: FMST)
Wednesday, December 20, 2023 - 9:30am | 829In January, the electric vehicle (EV) industry will face a significant shift. The Biden administration's Inflation Reduction Act (IRA) ushers in a transformative change to the EV tax credit system, converting it from a post-tax filing rebate to an instant incentive. Starting Jan. 1, consumers...
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ION Energy May Be Poised To Disrupt The Lithium Supply Market In Asia With Its Presence In Mineral-Rich Mongolia
Monday, December 12, 2022 - 9:22am | 1143As the world increasingly moves towards green energy, swapping fossil fuel for emissions-free electrification, batteries are fast becoming a key energy storage mechanism to enable the energy transition. Lithium-ion batteries, which offer high energy density and have a long cycle life, are currently...
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Nikola Acquires Battery Company Romeo For $144M: What Investors Should Know
Monday, August 1, 2022 - 10:31am | 524Clean energy transportation company Nikola Corp. (NASDAQ: NKLA) announced the purchase of a battery company that could help bring its production in-house. What Happened: Nikola is acquiring Romeo Power (NYSE: RMO), a battery company that announced it was going public via SPAC merger back in October...
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Tesla Has Its Own 'Independent Strategy' But Watch Out For Apple Amid 'Convergence' Of Auto, IT Industries, Says Chemistry Nobel Laureate
Tuesday, August 24, 2021 - 11:10pm | 414Electric vehicle maker Tesla Inc. (NASDAQ: TSLA) has its own independent strategy, but tech giant Apple Inc. (NASDAQ: AAPL) is one to watch amid the “convergence” of automotive and information technology industries in future mobility, according to battery pioneer Akira Yoshino...
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Platinum Group Metals Wins Critical Patent For Lithium-Sulphur Battery Tech
Wednesday, July 14, 2021 - 9:00am | 402Platinum Group Metals (NYSE: PLG) has received a new patent on technology aimed to accelerate the development of “next generation” lithium-sulphur batteries and is also researching ways to use its proprietary technology to boost the performance of the lithium-ion batteries that power...
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Li-Cycle, Helbiz Form Global Partnership For Lithium-Ion Battery Recycling
Wednesday, July 14, 2021 - 7:27am | 384A battery recovery company and global leader in micro-mobility are teaming up to launch a partnership bringing two companies going public together in a global partnership. What Happened: Li-Cycle Corp and Helbiz are teaming up on a partnership to create a safe and sustainable recycling solution for...
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Solid State Battery Company Solid Power Lands SPAC Deal: What Investors Should Know
Tuesday, June 15, 2021 - 12:32pm | 513A solid-state battery company with the backing of several leading automotive companies announced a SPAC merger Tuesday. The SPAC Deal: Solid Power announced a SPAC merger with Decarbonization Plus Acquisition Corporation III (NASDAQ: DCRC). The deal values the company at a pro forma enterprise...
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Toyota, Panasonic To Establish New Hybrid EV Battery Production Line In Japan
Tuesday, October 6, 2020 - 4:25am | 422A joint venture between Panasonic Corporation (OTC: PCRFY) and Toyota Motor Corporation (NYSE: TM) is set to begin the production of batteries for hybrid electric vehicles in Japan in the next two years. What Happened: The prismatic lithium-ion batteries will be made at the ...
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GM Investing Heavily In Its Next-Gen Electric Vehicles And Batteries
Thursday, April 10, 2014 - 2:24pm | 435Despite all its recent recall woes and accompanying negative publicity, General Motors (NYSE: GM) shows no signs of slowing down its plans for the future. On Tuesday, the automaker announced it was preparing for the next generation of electric vehicles and advanced battery technologies by...
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Apple's Rumored Takeover Of Tesla – Not Everyone Is Buying A Buyout
Wednesday, February 19, 2014 - 9:53am | 637If true, Sierra’s speculation that CEO Tim Cook will confirm on Friday, February 21, that Apple (NASDAQ: AAPL) is buying out Tesla Motors (NASDAQ: TSLA) would be huge news. If true. That is an important disclaimer. Shares of Tesla closed up $5.47, or 2.8 percent, on Tuesday at $203.70. Sierra...
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What's a Metallic Dendrite and Why is it a Pain in Boeing's Behind?
Tuesday, February 12, 2013 - 9:38am | 621Sure, the Boeing (NYSE: BA) saga isn’t the front page story that it was in January, but anybody who is long the stock wants to see the Dreamliner flying again. Traders are betting that the stock will see at least a short-term bounce when the planes are flying again with paying passengers on board...