Ford to build $3.5B battery plant in Michigan
Ford today announced a plan to build a $3.5 billion factory in Marshall, Michigan to produce 35 GWh of lithium iron phosphate (LFP) cells for electric vehicles from 2026. Ford…
Read MoreFord today announced a plan to build a $3.5 billion factory in Marshall, Michigan to produce 35 GWh of lithium iron phosphate (LFP) cells for electric vehicles from 2026. Ford…
Read MoreLotus Technology, the electric-car unit owned by China’s Zhejiang Geely Holding Group, agreed to merge with a blank-check company in a transaction that values the combined entity at about $5.4…
Read MoreThe deal, which comes just three weeks after Britishvolt fell into administration, could help revive Britain’s ambitions of building a home-grown EV battery industry that can support domestic car production….
Read MoreNissan and Renault have unveiled the details of a major shake-up of their often strained 24-year-old alliance. The announcement comes after months of negotiations between the motor industry giants. In…
Read MoreBattery startup Our Next Energy Inc. raised $300 million in its series B funding round, the company said Wednesday. The investments valued the Michigan company at $1.2 billion. The company intends to…
Read MoreMercedes-Benz plans to introduce a higher level of autonomous driving for its US customers by the second half of 2023, according to an announcement made on Thursday. The German automotive…
Read MoreThe 2022 result was the Japanese company’s third straight year as the world’s top-selling automaker. Toyota sold 10.5 million vehicles in 2022, it said, defending its title as the world’s…
Read MoreGoogle could soon give Polestar owners an edge when they’re navigating around town. The search giant is debuting “HD” driving maps that will come first to the Polestar 3 SUV….
Read MoreThere has been more than 46,000 workers in U.S.-based tech companies having been laid off in mass job cuts so far in 2023. But what is the best approach to…
Read MoreHonda will create a new division in a bid to strengthen and speed up its electrification business as part of an overhaul of its organisational structure. The shake-up is part…
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