Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected. Go to Source
Category: US Motoring Press
Energy Department Will Loan $2 Billion to Redwood Materials
The loan will help accelerate Redwood Materials’ plans to produce components for electric car batteries from new and recycled sources. Go to Source
General Motors Reaches Deal to Ensure Its Chip Supply
GlobalFoundries will dedicate part of its semiconductor output to G.M. as the automaker offers more electric vehicles and driver-assistance systems. Go to Source
Business groups, automakers call for fix to ‘broken’ permitting system
Washington — Hundreds of business groups, including major automakers, signed on to a letter led by the U.S. Chamber of Commerce Monday urging Congress to reduce bottlenecks for companies starting energy and infrastructure projects. So-called permitting reform is one of the few policy areas in which Republicans and Democrats agree change is necessary, given the… Continue reading Business groups, automakers call for fix to ‘broken’ permitting system
Michigan set to fine Stellantis’ Warren truck plant over pollution violations
Michigan environmental regulators are pursuing fines against Stellantis because of repeated air quality violations at the company’s Warren Truck Assembly plant. The Michigan Department of Environment, Great Lakes and Energy has issued the plant four violation notices since it started operating in February 2021 with a new air permit after the automaker put in a… Continue reading Michigan set to fine Stellantis’ Warren truck plant over pollution violations
Bargaining convention sets up contract talks for divided UAW
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Bargaining convention sets up contract talks for divided UAW
Valeo wins GM’s Supplier of the Year award in ADAS
Valeo, a France-based firm focused on technologies for driver assistance, has been awarded by General Motors as Supplier of the Year in the category of Advanced Driver Assistance Systems (ADAS). The company has extensive technological and industrial expertise in Advanced Driver Assistance Systems (ADAS), enabling it to produce very efficient solutions at optimal cost. The company has sold more… Continue reading Valeo wins GM’s Supplier of the Year award in ADAS
Valeo wins GM’s Supplier of the Year award in ADAS
Valeo, a France-based firm focused on technologies for driver assistance, has been awarded by General Motors as Supplier of the Year in the category of Advanced Driver Assistance Systems (ADAS). The company has extensive technological and industrial expertise in Advanced Driver Assistance Systems (ADAS), enabling it to produce very efficient solutions at optimal cost. The company has sold more… Continue reading Valeo wins GM’s Supplier of the Year award in ADAS
LANXESS reports group sales of Euro 8.088 billion in 2022, 32.6% jump from previous year’s Euro 6.101 billion
LANXESS reports group sales of Euro 8.088 billion in 2022, 32.6% jump from previous year’s Euro 6.101 billion LANXESS, the German specialty chemicals company that offers products used in the automotive industry, reported group sales to the tune of Euro 8.088 billion in 2022, up 32.6 percent on the previous year’s figure of Euro 6.101 billion. EBITDA pre-exceptionals… Continue reading LANXESS reports group sales of Euro 8.088 billion in 2022, 32.6% jump from previous year’s Euro 6.101 billion
RevFin aims to finance 2 million electric vehicles in next 5 years
RevFin aims to finance 2 million electric vehicles in the next 5 years, having financed over 17,118 Electric vehicles in the last 51 months, which means that in the last 1530 days every single day, Revfin financed 11 electric vehicles. The Delhi-based digital consumer lending platform has teamed up with 26 OEMs (original equipment makers) including Kinetic… Continue reading RevFin aims to finance 2 million electric vehicles in next 5 years