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Lear Selected by GM for EV Unit

Lear Corp. said it has been selected by General Motors to exclusively supply the Battery Disconnect Unit (BDU) on all full-size SUVs and trucks built on the automaker’s Ultium EV Platform through 2030.

Good News for Smaller Manufacturers

Larger manufacturing enterprises have benefitted from smart-manufacturing innovations while smaller manufacturers have lagged behind—but that is changing.

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.