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Author: Detroit News Online
Canada proposes deal to align electric vehicle credits with U.S.
Prime Minister Justin Trudeau says Canada has put forward “a number of solutions” for resolving its complaint over a proposed U.S. tax incentive on electric vehicles made only by unionized American workers. Canada has slammed the tax credit as a violation of the North American trade pact between Canada, the U.S. and Mexico, saying it… Continue reading Canada proposes deal to align electric vehicle credits with U.S.
Ford Motor Co. employee and her dad to compete on CBS’s ‘Amazing Race’
A Ford Motor Company employee and her father are about to embark on a race around the world. Natalia Kumar, a product design lead at Ford, and her dad, Arun Kumar, are one of 11 teams competing on the new season of CBS’s hit reality show, “The Amazing Race.” It returns at 8 p.m. Jan. 5. In a Facebook… Continue reading Ford Motor Co. employee and her dad to compete on CBS’s ‘Amazing Race’
Vehicle emission declines decreased deaths, study finds
Researchers say that thousands of lives and hundreds of billions of dollars have been saved in the United States by recent reductions in emissions from vehicles. Harvard University researchers who study the environment and public health examined the impact of declines in emissions from vehicles over a decade. They found deaths dropped from 27,700 in… Continue reading Vehicle emission declines decreased deaths, study finds
GM eyeing $2.5B investment for new battery cell plant in Lansing area
Michigan might get its big piece of the emerging electric-vehicle battery bonanza roughly three months after watching Ford Motor Co. pledge to invest more than $11 billion in two southern states and create 11,000 jobs. General Motors Co. is targeting Delta Township near Lansing to build its third multi-billion dollar battery cell manufacturing plant in the United States, according… Continue reading GM eyeing $2.5B investment for new battery cell plant in Lansing area
GM brings in partners to build up North American EV supply chain
To reach $90 billion in electric vehicle revenue by 2030, General Motors Co. is continuing to grow a North American-focused supply chain for its coming EVs and on Thursday revealed two new partners in that mission. First, GM has formed a supply partnership for rare earth materials, alloy and finished magnets for electric motors from… Continue reading GM brings in partners to build up North American EV supply chain
Ford invests $900 million in Thailand manufacturing operations
Ford Motor Co. this week announced it will spend $900 million to modernize its Thailand manufacturing operations, marking the automaker’s largest-ever investment in the Southeast Asian country where it has two assembly plants. The investment will support production of the next-generation Ranger pickup truck and Everest SUV and add up to 1,250 jobs. It brings… Continue reading Ford invests $900 million in Thailand manufacturing operations
Shares of EV maker Lucid slide after disclosing SEC subpoena
Silver Spring, Md. – Shares in the electric vehicle startup Lucid Group tumbled Monday after saying that said it had been subpoenaed by government regulators, apparently over the process by which it became a publicly-traded company last summer. Lucid shares skidded 18% at the opening bell and they were down 9% near midday at $42.75.… Continue reading Shares of EV maker Lucid slide after disclosing SEC subpoena
Stellantis CEO to regulators: ‘Let the automotive industry’ do its job
The CEO of the maker of Jeeps SUVs and Ram pickup trucks said Wednesday automakers are in the highest of high-speed modes in their shift toward electrification and regulators should focus their efforts on the energy industry and building out charging infrastructure. Accelerated electrification goals could lead to job losses, Stellantis NV CEO Carlos Tavares said.… Continue reading Stellantis CEO to regulators: ‘Let the automotive industry’ do its job
Nissan investing $17.6 billion in EV, battery development
Tokyo — Nissan said Monday it is investing $17.6 billion (2 trillion yen) over the next five years and developing a cheaper, more powerful battery to boost its electric vehicle lineup. The Japanese automaker’s chief executive, Makoto Uchida, said 15 new electric vehicles will be available by fiscal 2030. Nissan Motor Co. is aiming for a 50%… Continue reading Nissan investing $17.6 billion in EV, battery development