Paul Young’s Post

Honda Motor Co., announced that it plans to build a comprehensive EV value chain in Canada with an approximate investment of CAD$15 billion (USD$11 billion), including investment by joint venture partners, to strengthen its EV supply system and capability to prepare for a future increase in EV demand in North America. Honda has begun evaluating the requirements to build an innovative and environmentally responsible Honda EV plant and a stand-alone Honda EV battery plant in Alliston, Ontario. The proposed Honda EV value chain will also include a cathode active material and precursor (CAM/pCAM) processing plant through a joint venture partnership with POSCO Future M Co., Ltd. and a separator plant through a joint venture partnership with Asahi Kasei Corporation, with announcements to follow in their respective Ontario communities. Honda expects that electric vehicle production will begin in 2028. Once fully operational, the EV plant will have a production capacity of 240,000 EVs per year and the EV battery plant will have a capacity of 36 GWh per year. In addition to securing the current employment level of 4,200 associates at its two existing manufacturing facilities in Ontario, Honda estimates it will add a minimum of 1,000 new associates for the EV and EV battery manufacturing facilities. The investment in the new facilities will also create significant spinoff jobs across all sites, including in the construction sector. Honda has begun the process of evaluating the scope of its investment and completing negotiations with its joint venture partners. This work is expected to be finalized during the next six months and more details will be shared at that time. To support this project, Honda is collaborating with the governments of Canada and Ontario to drive innovation in low-emissions manufacturing by accessing performance-based initiatives available through the federal government’s new Investment Tax Credits and provincial direct and indirect incentives.

Stellantis and Samsung SDI just secured a conditional $7.54-billion loan from the U.S. Energy Department to build two EV battery plants in Indiana. 🚗🔋 These facilities aim to produce batteries for over 650,000 electric vehicles annually, creating thousands of jobs and reducing reliance on foreign supply chains. But there’s more to the story—this news follows Rivian’s $6.6-billion loan last month and General Motors’s surprising shift away from a similar partnership. Curious about the conditions, implications, and how this aligns with the broader EV landscape? Dive into the full article for insights. 🔗 👇 #EVs #ElectricVehicles #SustainableEnergy #Stellantis #EVBatteries #CleanEnergy #GreenTech

OPEN ACCESS / ZERO COST US Patented Electric Vehicle Regenerative Acceleration Innovation IP Licensing for all EV and ICE OEMS to accelerate EV adoption and the transition to Clean Energy Mobility. Lion Electric Marc Bédard Mathieu Dion Bloomberg Electric Autonomy, Eddy Zuppel, National Research Council Canada / Conseil national de recherches Canada, Dave Lisk, Daniel Breton, Alison Nankivell, Francois Adam, Michael Curran David Booth Potential +/- Difference inc. is initiating EV Regenerative Acceleration ReGen-X eMotor manufacturing in the first quarter of 2025 and is now taking orders from all EV and ICE OEMs globally. The US patented EV Regenerative Acceleration innovation now provides all EVs with the ability to recharge themselves as they drive (ABOVE 30 km/hr) while still providing EV regenerative braking BELOW 30 km/hr. EV Regenerative Acceleration Innovation Demonstration https://lnkd.in/et346dZp EV driving range is increased while reducing the battery size, weight and cost by 80% or more. The EV Regenerative Acceleration innovation eliminates the need for Lithium batteries as well as Rare Earth Metals. Generator and Improved Coil Therefor Having Electrodynamic Properties Patent number: 10103591 (https://lnkd.in/e96q9SMS) Flyback Mode Process Harnessing Generator action in an Electric Motor Patent number: 10291162 (https://lnkd.in/eNWRDeb3) Electric Vehicle Regenerative Acceleration Innovation Presentation for International EV OEMs (https://lnkd.in/e4rPKgeF) Eletric Vehicle Presentation for Tata Motors (https://lnkd.in/e5ZhU6FA) With kind regards, Thane Thane C. Heins Founder and Chairman Potential +/- Difference inc. Prograde Propulsion HYPERgen THinc Loophole Intellectual Properties [email protected] 1.613.293.1131 "There exist limitless opportunities in every industry. Where there is an open mind, there will always be a frontier." ~ Charles Kettering Volkswagen Group, AUDI AG, Porsche AG: BMW Group, Mercedes-Benz AG, Renault Group, Nissan Motor Corporation, Toyota Motor Corporation, Rimac Automobili Magna International, Siemens, General Motors, Ford Motor Company, Ford Deutschland Gerard Reid Oliver Blume Trevor Arthur David George Ola Kaellenius Jim Farley Roland Busch Stefan Hartung Makoto Uchida Scott Mitchell Norbert Luetke-Entrup Matt Farah Roger Atkins #electricvehicles #EVIndustry #MotorDesign #Sustainability #Innovation #GreenTechnology #ElectricDrive #EVDevelopment #MotorEfficiency #FutureOfMobility #EVMotors #electricvehicles https://lnkd.in/eYNPjjva

Tritium® was an extraordinary Australian success story and was once ranked as among the world’s best-selling fast charger makers, writes Peter Roberts. However its fall has been equally precipitous since expanding and listing in the US – a symptom being the collapse in the company’s share price from over US$200 in September, 2023 to US$3.64 yesterday. How the company came to this will be written about for many years – how a manufacturer had a 75 per cent market share in electric vehicle chargers in Australia, and ranked number one in the US and number three in Europe faltered during a time of rising EV sales is bound to be a case study in every management course. https://lnkd.in/gySdTZJq #manufacturing #australianmanufacturing #finance #electricvehicles #evcharging #automotive

Plenty of lessons to learn here..

The following article discusses Honda's EV & battery #supplychain commitment to Canada, specifically Ontario. Honda's investment surpasses all previous competitor projects in both cost & scale. 👉 https://lnkd.in/e3Ur-GVA #EVs #batteries

The Biden administration plans to award General Motors and Chrysler-parent Stellantis nearly $1.1 billion in grants to convert existing plants to build electric vehicles and components. The Department of Energy (DOE) announced $1.7 billion in planned grants to help fund the conversion of 11 "at risk" plants in eight states. This will enable the production of 1 million EVs annually, help retain 15,000 existing jobs, and create 3,000 new positions. https://lnkd.in/g2vREtD6 #ev #electricvehicles

*** Stellantis & @Contempory amperex technology form JV for EV battery factory in Spain *** Stellantis and China’s Contemporary Amperex Technology Co., Limited Amperex Technology  have agreed to invest up to €4.1bn ($4.3bn) in a joint venture to build a lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. The two companies have formed a 50-50 joint venture and aim to begin production by the end of 2026. The plant’s capacity could reach up to 50GWh, contingent on the evolution of the European EV market and ongoing support from Spanish and European Union authorities. This collaboration follows a non-binding memorandum of understanding (MOU) signed in November 2023, which outlined plans for the local supply of LFP battery cells and modules to support Stellantis’ electric vehicle production in Europe. The partnership also focuses on advancing Stellantis’ battery electric vehicle (BEV) technology and further enhancing the battery supply chain in Europe. Stellantis chairman John Elkann said: “Stellantis is committed to a decarbonised future, embracing all available advanced battery technologies to bring competitive electric vehicle products to our customers". CATL chairman and CEO Robin Zeng said: “The joint venture has taken our cooperation with Stellantis to new heights, and I believe our cutting-edge battery technology and outstanding operation knowhow combined with Stellantis’ #Strategy #BEVs #Batteries

"IGNITING AMERICAN MANUFACTURING" AESC is crushing it in the heart of America's Battery Belt ! "A viable and prosperous America needs a robust manufacturing sector." RFC 14MARCH2024 #ignitingamericanmanufacturing #americanmanufacturingsupercycle #manufacturing #evbattery #evecosystem #aesc #fusionIRX

Most of the world's EV batteries are manufactured in China. However, the price drops seen in China have not spilled over to the rest of the world. ✅ SK On, building factories in the U.S. to supply Ford Motor Company and Volkswagen, is reportedly facing financial turmoil. ✅ Northvolt lost its $2 billion contract with BMW Group and has indicated that it is conducting a strategic review of its business model and growth plans. ✅ LG Energy Solution indicated a couple of weeks back that it is temporarily pausing construction plans for its energy storage systems (ESS) battery plant in Queen Creek, Arizona. The construction of the cylindrical electric vehicle battery plant will continue as planned. #electricvehicle #batterystorage #freetrade https://lnkd.in/gZMURgSM