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The Wabtec FLXDrive platform (pronounced "flex-drive") is a class of battery-electric locomotives manufactured by Wabtec's GE Transportation subsidiary beginning in 2019. Using a modified version of the GE Evolution Series platform, FLXdrive is Wabtec's first zero-emissions locomotive, storing energy in 20 racks of lithium-ion battery cells. [ 1 ]
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The M-1 cars are equipped with rechargeable lithium-ion batteries and will run on battery power over 60% of the line. [14] In November, Brookville was awarded an $18.6 million contract by the city of Milwaukee for four streetcars for service on the Milwaukee Streetcar , with deliveries planned to begin in late 2017.
Piedmont Lithium is an American mining company in the process of proving economic mineral recovery of lithium at sites in North Carolina, Tennessee, Canada, and Ghana. [ 1 ] [ 2 ] The company has done business deals with Tesla and is planning to invest in a $1.8 billion mine in Gaston County, North Carolina .
A few companies offer lithium stock ETFs: Amplify Lithium & Battery Technology ETF (BATT): BATT invests in companies that generate significant revenue from the development, production and use of ...
Companies racing to commercialize technology to extract lithium directly from brine.
Wabtec claimed that the next version of the locomotive, to be developed within two years, would reduce the consumption of diesel fuel by nearly a third, and that emissions could entirely eliminated through the development of accompanying hydrogen fuel cells. [47] The first battery locomotives were for the Roy Hill railway.
On Thursday, Volkswagen Group’s battery company PowerCo and QuantumScape Corp (NASDAQ:QS) have agreed to industrialize QuantumScape’s next-generation solid-state lithium-metal battery technology.