Remove All-Electric Remove Indiana Remove Manufacturer Remove Production
article thumbnail

GM-Samsung $3.5B battery plant coming to Indiana

Baua Electric

Samsung SDI on Wednesday said it had signed an agreement with General Motors for a joint EV battery factory in Indiana. billion in the factory, which targets annual production capacity of 27 gigawatt-hours of cells. Indiana will also host two Samsung SDI joint-venture battery factories with Stellantis. The post GM-Samsung $3.5B

Indiana 52
article thumbnail

Toyota invests billions in EV production at Indiana and Kentucky plants – Charged EVs

Baua Electric

Usually this sort of cognitive dissonance is considered a bad thing, but in Toyota ’s case it may be otherwise—the company’s leaders have long been the auto industry’s most prominent anti-EV voices, even as the company itself has quietly but steadily prepared for the electric future. Case in point: Toyota recently announced $1.4

Indiana 52
article thumbnail

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

Green Car Congress

It will play an important role in our plans to offer electric engine options across 30 nameplates that FCA will bring to markets around the world by 2022. With this investment, 1,000 Indiana jobs will be retained with nearly 200 new. jobs added to support production, bringing total employment in the state to more than 8,300.

Indiana 269
article thumbnail

T&E: two-thirds of European battery production at risk as companies weigh investing in US instead

Green Car Congress

More than two-thirds (68%) of lithium-ion battery production planned for Europe is at risk of being delayed, scaled down or cancelled, according to new analysis by the European NGO Transport & Environment. Battery production capacity equivalent to 18 million electric cars—1.2 Europe must act or risk losing it all.

Companies 430
article thumbnail

Honda announces next steps in preparation for EV production in US

Green Car Congress

In October 2022, Honda announced that it would invest $700 million to retool several of its existing auto and powertrain plants to establish the new EV Hub in Ohio, to prepare for the production of battery electric vehicles in 2026. Following are key next steps involving several of Honda’s US production facilities.

Honda 334
article thumbnail

Honda begins production of 2023 Honda CR-V Hybrid in North America

Green Car Congress

Mass production of the all-new 2023 Honda CR-V hybrid began at Honda of Canada Mfg. The Indiana Auto Plant (IAP) and the East Liberty Auto Plant (ELP) in Ohio, which produced the previous CR-V Hybrid, will begin production of the 2023 CR-V hybrid in the coming months.

article thumbnail

General Motors invests in stamping, new press lines for EV manufacturing

Teslarati

General Motors has invested nearly a half billion dollars into stamping and new press lines for electric vehicle manufacturing at its Marion, Indiana, metal stamping operations plant. Tesla has developed numerous manufacturing efficiencies through the years to increase production output while improving overall build quality.