BatteryTechnology

Nikola and Proterra Reach Agreement for Battery Supply for Zero-Emission Class 8 Semi Trucks

AI, Automotive, Cleantech, Investing News, Market News, Technology, The Market Buzz

Nikola Corporation (NASDAQ: NKLA) and Proterra Inc. (NASDAQ: PTRA) have reached a multi-year supply agreement to power Nikola zero-emission semi-trucks with Proterra’s battery technology. Proterra product is anticipated to be incorporated in the Nikola Tre battery-electric vehicle and Tre fuel cell electric vehicle.    “Class 8 trucks play a vital role in the U.S. and …

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General Motors Set to Invest $3 Billion in EV Michigan Plant

Automotive, Energy, Investing News, Life Style, Market News, Technology, The Market Buzz, Your Environment

General Motors (NYSE: GM) is set to invest approximately USD3 Billion to manufacture electric vehicles and batteries in Michigan, according to a report in the Wall Street Journal. The company plans to revamp the Orion Assembly plant that produces its Chevrolet Bolt EV and Bolt EUV, in order to act as the new production plant …

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