DETROIT - These days, billion-dollar plants to make the massive batteries that power electric vehicles are announced so often that — even if you follow the auto industry — it's hard to keep track of them all. Did you hear about the one from KORE Power in Arizona? Samsung and Stellantis in Indiana? The Chinese project
WASHINGTON, D.C. — DOE Gives $2.5 Billion Loan To Help Finance EV Battery Plants In Michigan, Ohio And Tennessee. Ultium Cells, a joint venture between General Motors and LG Energy Solution, will manage battery cell production at the three facilities to address the growing U.S. consumer demand for electric vehicles. The project is expected to
LANSING - An effort to entice big businesses with government-backed incentives advanced in the Michigan Senate Thursday, just a day after the state House approved similar legislation. Senate Bills 769, 770 and 771 passed with bipartisan support in the Michigan Senate on Thursday and would create the “Strategic Outreach and Attraction Reserve Fund” and the
