Articles from Electra

Energica Motor Company (a majority-owned subsidiary of Ideanomics (NASDAQIDEX)) leader in high-performing electric motorcycles and EV system integration, and Electra Vehicles Inc., an industry leader in applied AI-ML for battery management software solutions, are excited to announce a strategic R&D partnership to revolutionize the electric two-wheeler market.

Electra, a clean iron company, welcomes its first Head of Communications and Policy, Kellyn Blossom. Based in Washington, D.C., Blossom will oversee corporate communications, government relations, and public policy as Electra advances its low-carbon technology to redefine the global iron supply chain and significantly cut carbon emissions from steel production.

Electra, a clean iron company, today announced the commissioning of its Pilot plant in Boulder, Colorado. The Pilot demonstrates Electra’s first-of-a-kind technology to produce metallic iron from already mined, high-impurity, commercially stranded ores to accelerate decarbonization, sustainability, and circularity across the ore-to-steel value chain.

As electric vehicle technology advances, we see battery ranges extending even past 1,000 miles per charge with some conceptual vehicles. While that will help to quell some range anxiety, it will also prove to be a heavy draw on the battery’s capabilities, and could possibly reduce the battery’s performance over its lifespan, or potentially shorten the total useable life.

Electra, a clean iron company with a solution to decarbonize iron and steelmaking, has appointed Francois Perras as Chief Commercial Officer (CCO). Concurrently, Simon Wandke will transition from his role as the CCO to the Chair of Electra's Advisory Board and Advisor to the CEO.

Electra, a clean iron company with a solution to decarbonize iron and steelmaking, has appointed Simon Wandke as its Chief Commercial Officer. With over 40 years of experience developing and executing multi-country commercial strategies at major global mining companies, Wandke brings a deep understanding of the mine-to-metal value chain to Electra.

Electra, a green iron company, announced it has partnered with Nucor Corporation (NYSENUE), the largest steel producer in the U.S. Through this partnership, Electra will scale its Low-Temperature Iron (LTI) solution that emits zero carbon dioxide emissions using low-grade ores and intermittent renewable electricity. In addition, through this partnership, Nucor, the largest EAF steelmaker and steel scrap recycler in North America, will use Electra's iron to further lower the carbon emissions of its industry-leading sustainable steel and steel products. Along with an equity investment in Electra, Doug Jellison, Executive Vice President of Raw Materials at Nucor, has joined Electra's market advisory board, bringing over 30 years of steel industry operational and management experience to the startup.

Electra, a green iron company, has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. Electra’s process emits zero carbon dioxide emissions and carries zero green premium, meaning it will cost the same or less than existing production methods powered by fossil fuels.