#byd-atto-2

#byd-atto-2

The headline catalyst is a Front-End Engineering Design contract awarded to Plug Power to supply a 275 MW GenEco PEM electrolyzer system for Hy2gen Canada's 'Courant' project in Baie-Comeau, Quebec. This project will utilize low-carbon electricity from Hydro-Quebec to produce green hydrogen, which will then be converted into low-carbon ammonia and decarbonized ammonium nitrate for use in the mining and agriculture industries.

Together, we developed a high-voltage battery system that unlocks the full potential of the new cylindrical cells in record time, delivering significant improvements in energy, range, and charging performance.

Lucid delivered a remarkably small number of vehicles in Q1, at 3,903. It produced 5,500. The company blamed much of this on a supplier's lack of inventory, which cost it 29 days of disruption.

On average, fuel prices are up almost a dollar per gallon, or 25 percent, according to AAA. For a nation as addicted to the automotive as we are, that's bad news. Except, of course, for electric vehicles.

After years of rapid growth, EV sales in China grew a modest 1% in January, mainly due to the expiration of subsidies in December and the introduction of a new purchase tax in the new year. BYD, the country's dominant automaker that spearheaded China's EV boom, was hit the hardest. Its sales dropped 30% year over year to just over 210,000 units due to changing EV policies and rising competition.