article thumbnail

DOE announces $2.5B loan to Ultium Cells for three US battery cell manufacturing facilities

Green Car Congress

billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan. The cells manufactured by Ultium Cells LLC are large format, pouch-type cells that use a nickel-cobalt-manganese-aluminum (NCMA) chemistry to deliver more range at less cost.

article thumbnail

Fisker and Foxconn confirm Fisker PEAR production in Ohio; expected base price below $29,900

Green Car Congress

recently acquired in Ohio from Lordstown Motors ( earlier post ). The Fisker PEAR will enter production in 2024. The Fisker PEAR follows the company’s first vehicle, the Fisker Ocean, which starts production in Austria on 17 November 2022. The Fisker PEAR will have an expected base price below $29,900 before incentives.

Fisker 259
article thumbnail

Honda investing $700M in three Ohio plants to retool for EVs; with LG gigafactory, Ohio becomes Honda EV hub

Green Car Congress

Honda will invest $700 million to re-tool several of its existing auto and powertrain plants in Ohio for production of electric vehicles. Honda plans to begin production and sales of Honda EVs in North America in 2026, based on its new Honda e:Architecture. Combined withe the $3.5-billion billion over the past five years alone.

Ohio 186
article thumbnail

Schaeffler invests $230 million in new automotive manufacturing facility in Ohio for EV products – Charged EVs

Baua Electric

Global motion technology company Schaeffler plans to expand its US operations with the addition of a new manufacturing facility focused on producing automotive electric mobility solutions. The Dover site is near Schaeffler’s existing transmission manufacturing facility in Wooster.

Ohio 52
article thumbnail

LG Energy Solution and Honda break ground for new JV EV battery plant in Ohio

Green Car Congress

Honda and LG Energy Solution held the official groundbreaking ceremony for a new joint venture EV battery plant more than 2 million square feet in size, to be located in Fayette County, near Jeffersonville, Ohio—about 40 miles southwest of Columbus. Earlier post.) The two companies have committed to invest $3.5

Ohio 259
article thumbnail

DOE awards $2M to Ohio University to develop products for energy storage and motors from coal waste

Green Car Congress

The Department of Energy (DOE) is funding six research and development projects that will repurpose domestic coal resources for high-value graphitic products and carbon-metal composites that can be employed in clean energy technologies. Earlier post.) Industry partners include MetalKraft Technologies LLC, Fisk Alloy Inc.,

Coal 186
article thumbnail

Honda Anna Engine Plant produces 30-millionth engine; retooling to add battery module casings production

Green Car Congress

Honda celebrated production of the 30-millionth engine built at the company’s Anna Engine Plant in Ohio with the production of the newly refined 2.0-liter While Honda initially indicated production would start in 2026, in April, Honda announced that it will pull forward EV production in Ohio to 2025.

Honda 305