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Automotive

Hyundai in a Haste to Open Georgia Plant To Take Advantage of Domestic EV Production Incentive Rewards

Hyundai in a Haste to Open Georgia Plant To Take Advantage of Domestic EV Production Incentive Rewards

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Hyundai is eagerly accelerating its plans to establish electric vehicle (EV) and battery production facilities in Georgia. This ambitious endeavor, valued at $7.6 billion, has been expedited by the allure  Full Article »

Automotive

BMW Investing $750 Million to Build Mini EVs in the UK

BMW Investing $750 Million to Build Mini EVs in the UK

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BMW has announced a significant investment of 600 million pounds (approximately $750 million) into its UK manufacturing plants with the goal of transitioning its Mini brand to an all-electric lineup  Full Article »

Automotive

Hyundai and LG to Invest Additional $2 Billion into EV Battery Production at Georgia Electric Vehicle Plant

Hyundai and LG to Invest Additional $2 Billion into EV Battery Production at Georgia Electric Vehicle Plant

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Hyundai Motor Group and LG Energy Solution have recently announced their joint plan to invest an additional $2 billion in the ongoing development of electric vehicle (EV) batteries at their  Full Article »

Automotive

Biden Administration Offers $12 Billion in Grants and Loans for EV and Advanced Vehicle Production

Biden Administration Offers $12 Billion in Grants and Loans for EV and Advanced Vehicle Production

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The Biden administration has unveiled a significant initiative aimed at accelerating the transition to electric vehicles (EVs) and supporting the American auto industry. Energy Secretary Jennifer Granholm announced that the  Full Article »

Automotive

Toyota Plant Shutdown Took Place During System Update, Not Cyberattack

Toyota Plant Shutdown Took Place During System Update, Not Cyberattack

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The recent shutdown of Toyota Motor Corp’s plants in Japan, which sent shockwaves through the automotive industry, has been attributed to a malfunction that occurred during a system update, rather  Full Article »

Automotive

Redwood Materials EV Battery Firm Raises over $1 Billion to Expand US Operations

Redwood Materials EV Battery Firm Raises over $1 Billion to Expand US Operations

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Redwood Materials, the battery materials firm founded by JB Straubel, a former executive at Tesla, has made headlines with a remarkable achievement – raising over $1 billion in a recent  Full Article »

Automotive

GM Ultium Cells EV Battery Joint Venture Agrees to Raise Ohio Worker Wages

GM Ultium Cells EV Battery Joint Venture Agrees to Raise Ohio Worker Wages

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The GM Ultium Cells electric vehicle (EV) battery joint venture has announced a significant wage increase for its workers at the Ohio plant in response to growing concerns and criticism  Full Article »

Automotive

U.S. Workplace Safety Regulators Investigating Chemical Spill at Ultium EV Battery Plant

U.S. Workplace Safety Regulators Investigating Chemical Spill at Ultium EV Battery Plant

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U.S. workplace safety regulators have launched an investigation into a recent chemical spill incident that occurred at the Ultium EV battery plant located in Ohio. This facility is a joint  Full Article »

Automotive

Report: Ex-Tesla Works Describe Horrible Details About “Production Hell” Working Environment

Report: Ex-Tesla Works Describe Horrible Details About “Production Hell” Working Environment

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In a recent podcast episode from The Verge, former Tesla employees shed light on the challenging working conditions they faced during periods of intense production, referred to as “production hell,”  Full Article »

Automotive

Ford Investing $890 Million in Canadian EV Battery Materials Plant

Ford Investing $890 Million in Canadian EV Battery Materials Plant

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Ford is making a substantial investment in the Canadian electric vehicle (EV) industry by injecting $890 million USD into the construction of an EV battery materials plant. The investment is  Full Article »

Automotive

Stellantis and Samsung SDI Plan to Build Second US EV Battery Plant, Production Targeted for 2027

Stellantis and Samsung SDI Plan to Build Second US EV Battery Plant, Production Targeted for 2027

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Stellantis, the French-Italian automaker (Chrysler, Dodge, Jeep, RAM, Fiat, Maserati, Alfa Romeo), and Samsung SDI, a South Korean battery maker, have revealed plans to establish a second joint-venture plant in  Full Article »

Automotive

Magna to Invest $790 Million to Build 3 New Facilities for Vehicle & EV Battery Components

Magna to Invest $790 Million to Build 3 New Facilities for Vehicle & EV Battery Components

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Magna International Inc, a prominent Canadian auto parts manufacturer, has announced a substantial investment of $790 million to construct three new facilities dedicated to vehicle and electric vehicle (EV) battery  Full Article »

Automotive

Kia to Invest $200 Million in Georgia Plant to Build Electric EV9 SUV

Kia to Invest $200 Million in Georgia Plant to Build Electric EV9 SUV

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Kia has recently announced its plans to invest $200 million in its Georgia factory, signaling its entry into electric vehicle production. The South Korean automotive company intends to allocate these  Full Article »

Automotive

Ford & SK Venture to Receive $9.2 Billion US Govt Loan for Battery Plants

Ford & SK Venture to Receive $9.2 Billion US Govt Loan for Battery Plants

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The U.S. Energy Department has recently announced its plan to provide a substantial loan to a collaborative effort between Ford Motor and SK Innovation, a South Korean battery manufacturer. This  Full Article »

Automotive

Historic Jacksonville, FL Ford Plant Headed for Demolition

Historic Jacksonville, FL Ford Plant Headed for Demolition

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The historic Ford Motor Co. plant in Jacksonville, FL is set to be demolished, as the city has issued a permit for its demolition. The property, located in the Talleyrand  Full Article »

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