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Tesla investors to vote on Texas incorporation, ratification of Musk’s 2018 comp plan at 2024 annual meeting

Teslarati

The document included details about the electric vehicle maker’s 2024 annual meeting of stockholders, updates regarding the company’s plans for CEO Elon Musk’s 2018 pay package, as well as an initiative to move Tesla’s state of corporation from Delaware to Texas.

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BMW Group to build future MINI E vehicles in China with Great Wall Motor

Green Car Congress

The BMW Group and Great Wall Motor have launched a new joint venture—Spotlight Automotive Limited—and are building a joint plant in China, where the BMW Group will produce future fully-electric models of its MINI brand. Both partners will together invest around €650 million (more than five billion CNY).

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GM building new center for next-generation battery cell technology

Green Car Congress

General Motors announced the Wallace Battery Cell Innovation Center, an all-new facility that will significantly expand the company's battery technology operations and accelerate development and commercialization of longer range, more affordable electric vehicle batteries.

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Hyundai and Kia invest in autonomous vehicle technology company Aurora

Green Car Congress

Hyundai Motor Company and Kia Motors Corporation have invested in Aurora to accelerate development of autonomous vehicle technologies. With the new investment, the companies have agreed to expand research to a wide range of models and to build an optimal platform for Hyundai and Kia’s autonomous vehicles. Earlier post.).

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FCA to invest $400M to convert idled Indiana transmission plant to build GMET4 engines

Green Car Congress

to build the GMET4 engine—the Company’s 2.0-liter The GMET4 will be a very important engine for us as we look to deliver on the promises we made as part of our five-year plan in 2018. FCA will invest $400 million to repurpose an idled transmission plant in Kokomo, Ind., While the 2.0-liter

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Honda to focus on increasing hybrid volume with core models: CR-V, Accord and in the future, Civic; Insight production ends in June

Green Car Congress

As the next step in Honda’s electrification strategy in North America, the company will focus on increasing hybrid volume of core models: CR-V, Accord and, in the future, Civic. The 3rd-generation Honda Insight is one of America’s top-selling compact hybrids, with more than 70,000 sold since it was introduced in 2018.

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SGH2 building largest green hydrogen production facility in California; gasification of waste into H2

Green Car Congress

Energy company SGH2 is bringing the world’s biggest green hydrogen production facility to Lancaster, California. California’s largest owners and operators of hydrogen refueling stations (HRS) are in negotiation to purchase the plant’s output to supply current and future HRS to be built in the state over the next ten years.

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