Stellantis, DTE to Work on Solar Projects December 12, 2022 Stellantis and DTE Energy today announced a clean energy commitment to add 400 megawatts of new solar projects in Michigan.
DoE Announces $2.5 Billion Loan for Battery Plants December 12, 2022 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.
Scaling Up to Higher Profits December 12, 2022 Getman Corp. produces explosive chargers and mining support vehicles.
Bosch Adds EV Motor Production in South Carolina November 30, 2022 Robert Bosch GmbH continues to beef up its electromobility capabilities and transition away from diesel-related components with the launch of electric motor production at its Charleston, S.C., manufacturing facility.
North American Automotive Tooling Spend Forecast to Reach $8.3B in 2025 November 15, 2022 Harbour Results Inc. forecast that spending on automotive tooling in North America will reach $8.3 billion in 2025 from an estimated $5.7 billion in 2022.
Ford Bails Out of Self-Driving Vehicles (For Now, Anyway) November 1, 2022 Ford Motor Co. last week reported a large third-quarter loss after writing off its investment in self-driving company Argo AI. The move demonstrated why managing in the auto industry is hard.
Eaton: Case Study for Suppliers Adapting to EVs October 31, 2022 Eaton provides a case study of how traditional auto suppliers are moving to adapt to the EV era.
Lear Selected by GM for EV Unit October 28, 2022 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.
Caterpillar Profit Rises on Higher Revenue October 27, 2022 Heavy equipment maker Caterpillar Inc. today reported an increased quarterly profit as revenue rose.
Ford Posts Quarterly Loss on Argo Costs October 26, 2022 Ford Motor Co. today reported a quarterly loss on a writedown of its investment in self-driving company Argo AI.