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Green Car Congress
MARCH 14, 2009
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.
Green Car Congress
JANUARY 8, 2014
A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Additionally, the auto industry provides 16% of total worldwide R&D funding for all industries. Click to enlarge.
Green Car Congress
MARCH 19, 2009
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.
Cars That Think
JULY 13, 2023
He and his colleagues were recently granted a U.S. Starting in the 1990s, his lithium cobalt oxide cathode was used in many electronic products including camcorders, laptop computers, and mobile phones. Twenty-five years later, the battery is gaining momentum in the auto industry as a means of reducing the cost of electric cars.
Charged EVs
DECEMBER 14, 2021
The startup carmaker Rivian was founded a decade ago by RJ Scaringe, but it didn’t go public with its electric pickup truck and SUV until the 2018 Los Angeles Auto Show. Three years and one global pandemic later, the company is now starting to deliver production versions of its 2022 R1T electric pickup truck to paying customers.
Green Car Congress
AUGUST 5, 2009
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.
Green Cars News
AUGUST 11, 2009
So will his billions rejuvenate the American auto industry and put it back on top of the motoring world as it enters a new era? The economic stimulus funds have been doled out to programmes in 20 US states, but Michigan, the traditional home of motoring, is the key beneficiary. Who will benefit?
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