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Workhorse Group applies for $250M loan from DOE Advanced Technology Vehicles Manufacturing (ATVM) Loan Program

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the developer of a plug-in electric pickup truck ( earlier post ), has applied for a $250-million loan from the Department of Energy’s (DOE) Advanced Technology Vehicles Manufacturing ( ATVM ) Loan Program. Workhorse Group Inc., The program has issued loans for projects run by Tesla, Ford and Nissan.

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DOE awards $98M in tax credits to automakers and suppliers for clean technology manufacturing

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The US Department of Energy (DOE) announced $150 million in clean energy tax credits to 12 businesses to build US capabilities in clean energy manufacturing; $98 million of that goes to five automakers and suppliers towards investments in domestic manufacturing equipment. Funded at $2.3 Lead organization. Description. 30 million.

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Toyota investing $1B in new TNGA plant in Mexico, realigning North American manufacturing; expansion in Guangzhou

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Toyota is embarking on a multi-year plan to realign its manufacturing operations in North America in support of the Toyota New Global Architecture (TNGA) ( earlier post ), a comprehensive approach to achieving sustainable growth by making ever-better vehicles more efficiently. TMMK) and Toyota Motor Manufacturing, Indiana, Inc.

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Toyota bumping US investments up to nearly $13B over 5 years; focus on advancing electrification

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Toyota announced it will exceed its 2017 pledge to invest $10 billion in the US over five years with a new commitment to reach nearly $13 billion over the same period. manufacturing plant; expanding engine capacity at its Huntsville, Ala. manufacturing plant; expanding engine capacity at its Huntsville, Ala.

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Toyota to begin hybrid powertrain production in US; $374M investment in 5 plants

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million in five US manufacturing plants to support production of its first US-made hybrid powertrain and to implement Toyota’s New Global Architecture (TNGA) at its Alabama plant. It underscores Toyota’s confidence in the capability and global competitiveness of our North American manufacturing. Toyota will invest $373.8

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Li-ion maker Enerdel and B3G partnering to supply traction batteries to Lion Bus for electric school buses

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a manufacturer of harness assemblies and electromechanical components, has partnered with EnerDel Inc., a supplier of lithium-ion batteries, to develop and manufacture traction batteries for Lion Bus Inc., Quebec-based B3CG Interconnect Inc., Canadian school bus producer.

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Teijin’s Sereebo now in use for GM as first CFRTP for high-volume production vehicles

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Sereebo will be used to manufacture the optional CarbonPro pickup box jointly developed by Teijin and GM for the GMC Sierra Denali 1500 and GMC Sierra AT4 1500. The CarbonPro panels will be produced at Continental Structural Plastics ’ Huntington, Indiana, manufacturing facility. billion by 2030.

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