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Nidec and Embraer to form JV to develop electric propulsion system for aerospace

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The JV will develop and manufacture the electric propulsion system for electric Vertical Take-Off Landing (eVTOL) vehicles, with the aim of providing the system to non-eVTOL vehicles in the future. The headquarters, located at Nidec Motor Corporation (NMC) in St.

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Ford to invest $4.7B to improve manufacturing plants & add 6,200 UAW employees to workforce

Teslarati

billion to add over 6,200 union jobs to its manufacturing plants in Michigan, Ohio, and Missouri. Missouri: In Missouri, Ford plans to make a $95 million investment. billion investment, Ford plans to invest another $1 billion to improve the employee facilities in its manufacturing plants. Ford plans to invest $3.7

Ford 116
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Toyota Motor Manufacturing, Alabama marks start of 4-cylinder engine production

Green Car Congress

Toyota Motor Manufacturing, Alabama, Inc. TMMAL), an engine-production subsidiary of Japan-based Toyota Motor. plants in Troy, Missouri and Jackson, Tennessee. Corporation (TMC), held a line-off ceremony to mark the beginning of. four-cylinder engine production. Aluminum, Inc. trucks and SUVs.

Alabama 186
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GAO report finds DOE not actively considering any applications for Advanced Technology Vehicles Manufacturing (ATVM) loan program

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billion in credit subsidy appropriations available under the Advanced Technology Vehicles Manufacturing (ATVM) loan program. According to the GAO, most applicants and manufacturers cited lengthy and burdensome application and review processes or restrictive loan and reporting requirements as challenges. billion in loan authority or $4.2

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USABC awards $2.4M contract to WPI for development of low-cost/fast-charge batteries for EV applications

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The United States Advanced Battery Consortium LLC (USABC), a subsidiary of the United States Council for Automotive Research LLC (USCAR), and a collaborative organization of FCA US LLC, Ford Motor Company and General Motors, has awarded a $2.4-million —Yan Wang.

Low Cost 186
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Toyota to begin hybrid powertrain production in US; $374M investment in 5 plants

Green Car Congress

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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DOE awards $19M to 13 initiatives in fossil-fuel areas to produce rare earth elements and critical minerals

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The US Department of Energy (DOE) awarded $19 million for 13 projects in traditionally fossil-fuel-producing communities across the country to support production of rare earth elements and critical minerals essential to the manufacturing of batteries, magnets, and other components important to the clean energy economy.