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GM investing $632M in Fort Wayne Assembly for future ICE truck production

Green Car Congress

This investment will enable the company to strengthen its industry-leading full-size truck business. Product details and timing related to GM’s future trucks are not being released at this time. billion since 2013. billion since 2013. billion in Indiana manufacturing operations since 2013.

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GM investing $500M+ in Arlington Assembly for future ICE SUVs

Green Car Congress

General Motors plans to invest more than $500 million in Arlington Assembly to prepare the plant for production of future internal combustion engine (ICE) full-size SUVs, subject to successful discussions with local government officials. Product details and timing related to GM’s future full-size SUVs are not being released at this time.

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GM to source US-based lithium for future EV batteries from CTR; closed-loop, direct-extraction process

Green Car Congress

GM announced today that a “significant portion” of GM’s future battery-grade lithium hydroxide and carbonate could come from the Hell’s Kitchen development. GM will be the first company to make a multi-million dollar investment in CTR’s Hell’s Kitchen project.

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Porsche increases stake in electric sports car company Rimac to 15.5%

Green Car Congress

Porsche has increased its stake in technology and sports car company Rimac Automobili to 15.5%. The Croatian company develops and produces electromobility components and also produces electrically powered super sports cars in-house. The company also develops and produces high-performance electric drives and battery systems.

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GM investing $918M in 4 US plants for Gen-6 V-8 production, EV components

Green Car Congress

GM will invest $216 million to prepare the facility to build camshafts, connecting rods and block/head machining supporting future V-8 production at Flint Engine Operations. $55 47 million will be invested to prepare the facility to build a variety of block castings to support future V-8 engine programs.

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China-based EV startup U Power in framework agreement with Quantum Solutions in Japan

Green Car Congress

Since beginning operation in 2013, the company has established a vehicle sourcing network in China’s lower-tier cities. The company has developed two types of battery-swapping stations for compatible EVs and is operating one manufacturing factory in Zibo City, Shandong Province, China.

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GM Korea launching electric Spark in 2013

Green Car Congress

GM Korea plans to begin production of the battery-electric Chevrolet Spark minicar in 2013; the vehicle will be sold domestically as well as exported, including to the US. Earlier post.) Earlier post.) Earlier post.).

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