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In 1985, Lithium Corporation of America was acquired by FMC Corporation, formerly known as Food Machinery and Chemical Corporation. At the time it was acquired, the company was the world's largest producer of lithium. [4] [5] FMC's lithium operations were known as FMC Lithium. In 2019 FMC completed the spin-off of its lithium operations as a ...
Vector Motors Corporation was an American automobile manufacturer originally based in Wilmington, California. Its history can be traced to Vehicle Design Force, which was founded in 1978 by Gerald Wiegert. [2] Vehicle production by Vector Aeromotive began in 1989 and ceased in 1993.
Lithium Valley is an area adjacent to the Salton Sea in Southern California, United States, with enormous deposits of lithium.Due to increased demand for lithium, which is a crucial component for batteries used for electric cars and energy storage, the area is attracting attention, and the extraction of lithium is expected to boost the economy of Imperial County.
On June 26, 2022, the company announced the production of a solid-state battery with a range of 650 km and a charge time of 15 minutes. [ 9 ] At the beginning of 2024, Volkswagen and QuantumScape presented a battery prototype in a press release based on the technologies developed by QuantumScape, which has 1000 charging cycles with only 5% ...
How electric cars went from 20-mile golf carts to 300-mile road-trippers. And how 600 miles of range might be on the horizon.
In the 1990s, Wiegert entered into dispute with investor Megatech, which initiated a hostile takeover of his company and eventually fired him. [6] Wiegert, via the courts, eventually won back the assets, trademarks, and copyrights to Vector Motors, and in 2008, revived the Vector brand name and began development of a new sports car named the WX-8.
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The Salton Sea in California could be the next hotspot for lithium production in the U.S. NBC News’ Guad Venegas reports on the billion-dollar mining project as the price for the resource is ...