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Auto Industry and Utilities Urge President Obama to Create to National Electric Fuel Task Force to Accelerate Plug-in Adoption

Green Car Congress

billion in grants have been given to battery and charging infrastructure companies to speed up deployment and the growth of the US electric drive industry. AIAM is a trade association representing 15 international motor vehicle manufacturers who account for 40% of all passenger cars and light trucks sold annually in the United States.

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Elon Musk scares Mercedes-Benz and BMW: former GM and Ford exec Bob Lutz

Teslarati

Elon Musk’s second consecutive Person of the Year Award was granted by the FT in no small part due to Tesla’s accomplishments in the auto sector. Lutz’s statements were included in an article awarding Elon Musk with the Financial Times ‘ Person of the Year Award. . ” .

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Tesla Supercharger network leads U.S. toward 2030 charging goal

Teslarati

In the coming weeks, EVs from Rivian, General Motors (GM), Volvo and Polestar will follow, eventually leading the rest of the auto industry into Supercharger access. unveiled nearly $149 million in grants dedicated to fixing around 4,500 broken public chargers , along with multiple other investments into the EV sector.

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Ford Reaches Tentative Deal With UAW, Workers Return

The Truth About Cars

This agreement sets us on a new path to make things right at Ford, at the Big Three, and across the auto industry. It also gets to reactivate stalled assembly lines while General Motors and Stellantis continue contract negotiations with the UAW. Together, we are turning the tide for the working class in this country.”

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. Companies and universities in Michigan are receiving more than $1 billion of the grants. General Motors Corporation.

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US Treasury To Provide Up To $5B in Financing For Auto Supplier Support

Green Car Congress

While the President’s Task Force on the Auto Industry continues to review restructuring plans submitted by General Motors and Chrysler, the US Department of the Treasury announced an Auto Supplier Support Program that will provide up to $5 billion in financing to US-based suppliers.

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Grant Thornton LLP Warns of Potential Collapse of Automotive Supply Chain

Green Car Congress

The economic impact of a General Motors or Chrysler bankruptcy is being debated across the country. But the most immediate and pervasive risk to the economy is a wholesale collapse of the automotive supply base, Grant Thornton LLP partner Laura Marcero told the Automotive Press Association in Detroit. Laura Marcero.

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