Lansing — General Motors Co. and Honda Motor Co. are moving forward with their joint-venture fuel cell operation slated for Brownstown Township, six years after the companies first announced their plans to create an industry-first fuel cell manufacturing operation in Michigan. On Tuesday, the Michigan Economic Development Corp.’s Michigan Strategic Fund board awarded a $2… Continue reading State OKs $2M for GM, Honda fuel cell operation
Author: Detroit News Online
Confusion over EV tax credits stymies buyers and sellers
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Tesla owners stay loyal through Elon Musk’s many controversies
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Stellantis invests $155M in Argentina copper mining project
The maker of Jeep SUVs, Ram pickup trucks and other vehicles on Monday said it has invested $155 million into a copper mining project in Argentina for critical electric-vehicle battery minerals. Stellantis NV is acquiring a 14.2% equity stake in McEwen Copper, becoming its second largest shareholder behind mining corporation Rio Tinto’s Nuton, a copper… Continue reading Stellantis invests $155M in Argentina copper mining project
Stellantis to cut up to 2,000 workers in Italy this year
Stellantis NV is planning to cut as many as 2,000 jobs in Italy this year to further reduce its workforce in Fiat’s former home country as the transition to electric vehicles takes its toll. The French-Italian carmaker, formed from the 2021 merger of Fiat Chrysler and PSA Group, and local unions agreed on the reductions… Continue reading Stellantis to cut up to 2,000 workers in Italy this year
Ford supplier says F-150 Lightning battery defect ‘not a fundamental issue’
Ford Motor Co.’s battery supplier says the defect that led to a fire in an electric F-150 Lightning and halted production earlier this month is not a fundamental flaw in the design of the power source. SK On, the automotive battery unit of South Korea’s SK Innovation Co. Ltd, worked with Ford to identify the… Continue reading Ford supplier says F-150 Lightning battery defect ‘not a fundamental issue’
Coming soon to a Stellantis dealer in southeast Michigan: vehicle subscriptions
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Stellantis CEO’s total compensation rose to $24.8M in 2022, despite shareholder backlash
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Gotion puts battery plant plan on hold in one of two Mich. towns, official says
A Chinese battery plant slated for development in the Big Rapids area appears to be putting plans on hold, at least temporarily, in a township where it was looking to locate its facility, the township supervisor said Friday. A lawyer for Gotion Inc. contacted Big Rapids Township this week to notify the community that it… Continue reading Gotion puts battery plant plan on hold in one of two Mich. towns, official says
EV supply-chain Annie Liu exec leaves Ford
An executive responsible for sourcing parts for Ford Motor Co.’s all-electric vehicles left the Dearborn automaker this week. Annie Liu was the executive director of purchasing for the Ford Model e line of electric products and technology. She was not a corporate officer, but Lisa Drake, Ford vice president of EV industrialization, highlighted the former Tesla Inc.… Continue reading EV supply-chain Annie Liu exec leaves Ford