Exclusive: Morgan bosses detail ambitious growth plans

Until now, Morris, who started on the Malvern Link shop floor as a metalworking apprentice, has been closely involved at every level of company management. With more cars, more investment, more facilities, more people and electrification to contend with, Morris acknowledges that he will need to concentrate more on strategic thinking. Both Morris and Fumarola… Continue reading Exclusive: Morgan bosses detail ambitious growth plans

Stellantis, Samsung to invest $2.5B, create 1,400 jobs at Indiana EV battery plant

Chrysler parent Stellantis and South Korea’s Samsung SDI say they will invest more than $2.5 billion and create 1,400 jobs at a planned electric vehicle battery plant in Kokomo, Indiana. The plant, which will be the second EV battery plant announced for the automaker in North America, is slated to begin production of lithium-ion batteries in early 2025,… Continue reading Stellantis, Samsung to invest $2.5B, create 1,400 jobs at Indiana EV battery plant

Chrysler parent Stellantis picks Indiana for next EV battery plant

Chrysler parent Stellantis will build its next electric vehicle battery plant in Indiana, where the automaker has several facilities, according to a source and a published report. The automaker is planning an announcement on Tuesday on “future plans” for its Kokomo operations with Indiana Gov. Eric Holcomb and the company’s chief operating officer for North America, Mark Stewart,… Continue reading Chrysler parent Stellantis picks Indiana for next EV battery plant

GM pilots an initiative to allow some factory employees to work remote

This content is only available to subscribers. $9.99 for a Year. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The e-Edition, a digital replica of the print paper, every day. Access to exclusive sports reporting on your local teams from USA TODAY Sports+ at no additional… Continue reading GM pilots an initiative to allow some factory employees to work remote

Stellantis and Samsung to Spend $2.5 Billion on an EV Battery Plant in Indiana

Stellantis — the company that owns Jeep and Ram — and Samsung plan to spend $2.5 billion to build a battery factory in Kokomo, Ind., that is expected to create 1,400 jobs. The joint venture is expected to start production by 2025 and is intended to supply battery packs for Jeeps, Ram trucks and other… Continue reading Stellantis and Samsung to Spend $2.5 Billion on an EV Battery Plant in Indiana

Stellantis to build new battery plant in Indiana

Stellantis and Samsung SDI said on Tuesday they will team up to build a $2.5 billion lithium-ion battery plant in Indiana. The project, which will create 1,400 new jobs and could surpass the $3 billion mark once it’s complete, is Stellantis’ first battery plant in the U.S. and its fifth worldwide. The latest factory is slated… Continue reading Stellantis to build new battery plant in Indiana

Chrysler’s first EV draws inspiration from the Pacifica minivan

Chrysler’s new EV will create a new category, drawing upon lessons learned from designing the brand’s minivan, according to chief design officer Ralph Gilles. “Chrysler was one of those brands that was honestly on the OR table, and we decided to reinvest in it big time,” Gilles said at the TechCrunch Sessions: Mobility conference last… Continue reading Chrysler’s first EV draws inspiration from the Pacifica minivan

Best British modern classic cars 2022

If you’re looking for a modern classic from Britain, then you’re pretty well-catered for. We managed to find mid-engined sports cars, luxury limousines, practical hatchbacks and off-roaders which could all prove to be a savvy investment for years to come.  Investing in a modern classic isn’t just for the wealthy either. We’ve included a wide variety… Continue reading Best British modern classic cars 2022

@Groupe PSA: PR Stellantis and Samsung SDI to Invest Over $2.5 Billion in Joint Venture for Lithium-Ion Battery Production Plant in United States003793

KOKOMO, Indiana, United States – Stellantis N.V. and Samsung SDI today announced that they have executed binding, definitive agreements to establish an electric-vehicle battery manufacturing facility in Kokomo, Indiana, U.S. Targeted to start in 2025, the plant aims to have an initial annual production capacity of 23 gigawatt hours (GWh), with an aim to increase… Continue reading @Groupe PSA: PR Stellantis and Samsung SDI to Invest Over $2.5 Billion in Joint Venture for Lithium-Ion Battery Production Plant in United States003793

Stellantis and Samsung SDI to Invest Over $2.5 Billion in Joint Venture for Lithium-ion Battery Production Plant in United States

Stellantis N.V. and Samsung SDI today announced that they have executed binding, definitive agreements to establish an electric-vehicle battery manufacturing facility in Kokomo, Indiana. Targeted to start in 2025, the plant aims to have an initial annual production capacity of 23 gigawatt-hours (GWh), with an aim to increase to 33 GWh in the next few… Continue reading Stellantis and Samsung SDI to Invest Over $2.5 Billion in Joint Venture for Lithium-ion Battery Production Plant in United States