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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.

ABB, Microsoft Partner to Drive Digital Solutions

ABB and Microsoft Corp. today announced a strategic partnership to help industrial customers create new value with digital solutions. Customers will benefit from the unique combination of Microsoft’s intelligent cloud and ABB’s deep domain knowledge and extensive portfolio of industrial solutions.

Converged Networking Drives Automotive Operational Efficiencies

Automatic parallel parking, lane-keeping assistance, sensor-enabled maintenance, infotainment equipment and other advanced electronics are helping many automotive manufacturers differentiate their vehicles in a fiercely competitive, global marketplace.

Lasers Grow Manufacturing

Today, laser technology in manufacturing touches all of our lives on a daily basis; lasers cut air bag material and weld air bag detonators for our in-car safety; lasers weld the batteries in many of our mobile devices; lasers drill aero-engine components for planes; lasers cut the glass for our smart phones and tablets screens; lasers weld the drivetrains in our cars and trucks; lasers cut medical stents that increase and enhance our lives, just to name a few.

Nexteer Expands Portfolio for EVs

Nexteer Automotive said it is expanding its Driveline portfolio with new Halfshaft technologies that are tailored to meet the unique demands of electric vehicles (EVs).