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Auto Industry to Confront Challenges in 2023

The auto industry will confront various challenges this year as automakers expand investment in electric vehicles and move on from the COVID-19 pandemic, speakers at a Federal Reserve Bank of Chicago conference said today.

DoE Announces $2.5 Billion Loan for Battery Plants

The U.S. Department of Energy today announced the closing of a $2.5 billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan.

Lacks Names Two Co-Chairs of Board

Lacks Enterprises, Inc. said John Kennedy and Darren R. Jackson have accepted the position of Co-Chairs of the Board of Directors, effective Jan. 1.

Data is King at EASTEC 2021

Digitization and data dominated the discussion as EASTEC returned to West Springfield, Mass., after its 2020 pandemic hiatus.