HOLLAND, MI – LG Energy Solution, an advanced lithium-ion battery manufacturer, is investing $1.7 billion to expand its operations in the City of Holland. LG Energy Solution will add more than 1 million square feet to their existing footprint in the city’s limits to meet the growing demand for their lithium-ion batteries. LG Energy Solution
DEARBORN - Ford CEO Jim Farley on stage for a CERAWeek energy conference discussion streamed live March 10 told the startled moderator that Ford is sold out of electric vehicles for the next couple of years. The very popular Mustang Mach-E in particular. "It’s totally sold out. We’re just completely overwhelmed. I mean, we have
NEW YORK - While gas prices have soared in the wake of Russia’s invasion of Ukraine, so have electricity prices – particularly in some parts of the U.S. that have been big markets for Tesla’s EVs. So, is it still true that it’s much cheaper to “refuel” an EV? CNBC crunched the numbers. It has
ANN ARBOR—Major automotive manufacturers are ramping up production of electric trucks as a key strategy to reduce the greenhouse gas emissions of their vehicles. Light-duty vehicles, including sedans, SUVs and pickup trucks, are currently responsible for 58 percent of U.S. transportation sector greenhouse gas emissions. Pickup trucks accounted for 14 percent of light-duty vehicle sales
DETROIT - General Motors will build a new factory in Quebec, Canada, as part of a joint venture with a South Korean chemical maker that will be key to Michigan's future building electric vehicles. On Monday, GM and POSCO Chemical said they are working with the governments of Canada and Quebec to build a new factory in
DEARBORN - Ford CEO Jim Farley is dividing up company operations, creating three separate automotive business units that include its existing commercial arm, as well as two new ones: Ford Blue, which will focus on the traditional internal combustion engine, and Ford Model e, which will develop the battery electric vehicles and connectivity, the company revealed Wednesday morning.
GALESBURG - Power management company Eaton today announced its Vehicle Group has formed a new ePowertrain business unit, which will focus on products from Eaton’s electrified vehicle transmission, reduction gearing and differential portfolios. Combining the product lines into a new ePowertrain business unit creates synergy among Eaton’s powertrain and EV experts and allows the Vehicle
DETROIT – Plug Zen, a Black-owned Detroit startup focused on delivering an adaptive, cost-effective EV charging solution to mitigate climate change, today announced the launch of its innovative “Get Charged Up” campaign. This multi-phased campaign begins with a crowd-funding goal of $250,000 and opportunities for early supporters to earn charging credits and participate in potential
NOVI - The Shyft Group announced it will reveal its all-new electric delivery vehicle on their Class 3 EV chassis at the NTEA Work Truck Week trade show in Indianapolis from March 8-10. “Unable to find a viable EV chassis option in the market, we decided to build our own,” said Shyft Group CEO Daryl
JACKSON—Consumers Energy and General Motors today announced a new pledge to power Michigan automotive plants in Flint, Burton and Wyoming with clean energy, partnering to build the next generation of vehicles in Michigan, where both companies are headquartered. “We’re thrilled to see General Motors pledge to use 100% clean energy that Consumers Energy will provide,
