Ford

Desktop Metal to buy EnvisionTEC for $300 Million

Desktop Metal Inc announced the signing of a definitive agreement to acquire EnvisionTEC for total consideration of $300 million, consisting of a combination of cash and newly issued Desktop Metal stock.

Ford and Mahindra end Discussions for Auto Joint Venture

Ford Motor Company and Mahindra & Mahindra have mutually and amicably determined they will not complete a previously announced automotive joint venture between their respective companies. The decision follows the passing of the Dec. 31 "longstop," or expiration, date of a definitive agreement the organizations entered into in October 2019.

XOS TRUCKS

XOS Trucks (formally Thor Trucks) delivered and launched its first prototype pure electric class 8 semi-truck in December 2017, called the ET-One.

The Window of Opportunity for Plug-in Hybrids is Closing

Plug-in hybrid electric vehicles (PHEVs) are an interim product. IDTechEx explains why PHEV potential is now limited.

IDTechEx Assesses 5 Significant Electric Vehicle Opportunities in 2021

The COVID-19 pandemic has caused 2020 to become the pivotal year as the automotive industry goes through a once in a hundred-year transformation.

Velodyne

Velodyne develops LiDAR sensors, and is best known for its characteristic rotating sensors. This update highlights static applications where Velodyne believes LiDAR can offer significant benefits, and is based on a presentation at the Image Sensor 2020 online conference.

Elementum 3D Gold Medal, US Air Force Advanced Manufacturing Olympics

Elementum 3D earned first place at the inaugural US. Air Force Advanced Manufacturing Olympics. The company won the event's "Material Hurdles" technical challenge with its A7050-RAM2 high-strength aluminum alloy, beating eight other finalists.

Carbon and Fast Radius Expand Strategic Partnership

Carbon and Fast Radius announced an expansion of its strategic partnership that broadens Fast Radius' fleet of 3D printers with the addition of the Carbon L1 printer. The adoption of the L1 printer complements Fast Radius' in-production Carbon M series printers and expands capabilities into large part production using Carbon DLS.

Solid Power

Solid Power is a spin-out from the University of Colorado Boulder developing sulfide-based all solid-state batteries (ASSB) and has been in operation since 2014.