article thumbnail

Toyota invests $11.1M in Indiana schools to boost STEM programs

Teslarati

million in schools in Indiana to boost their STEM programs. The investment supports future STEM careers in the area, including job opportunities in the auto industry. During the unveiling of the new Grand Highlander three-row SUV, the Japanese automaker also announced an $803 million investment in Indiana.

Indiana 91
article thumbnail

Stellantis sees a drop in Q1 2024 revenue, ahead of BEV launches

Teslarati

The multinational automaker and Dodge-Chrysler parent company says the drop was due to its transitioning product portfolio as it prepares to launch additional battery-electric vehicles (BEVs) and due to other economic headwinds.

Indiana 98
article thumbnail

UAW strikes: GM shuts down Kansas plant and lays off 2,000 workers

Teslarati

Jeep, Chrysler and Dodge owner Stellantis announced plans to lay off 68 workers at an Ohio facility, warning of another 300 layoffs in Indiana if the situation does not improve. The company predicts a similar situation at a transmission and casting plant in Kokomo, Indiana. What are your thoughts?

Kansas 118
article thumbnail

President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. Production of manganese oxide cathode / graphite lithium-ion batteries for hybrid and electric vehicles.

Grant 317
article thumbnail

Gas War: 25 States Sue EPA Over Updated Emissions Regulations

The Truth About Cars

Grievances include claims that the executive branch is unconstitutionally manipulating the marketplace by setting requirements higher than manufacturers can adhere to, effectively mandating sales of electric vehicles that have been broadly unpopular in the United States. Swelling vehicle prices was another issue.&

EPA 95
article thumbnail

Duke Energy and ITOCHU to assess second-life applications for Li-ion automotive batteries

Green Car Congress

signed an agreement to collaborate on advanced energy technologies, starting with the evaluation and testing of second-life applications for electric vehicle batteries. Initial testing will occur in Duke Energy’s Indiana service territory. Duke Energy and Tokyo-based ITOCHU Corp.

Li-ion 284
article thumbnail

The EV Transition Explained: Policy Roadblocks

Cars That Think

economy away from dependence on fossil fuels like petroleum, coal and natural gas to 100 percent carbon-free electricity by 2035. Driving that timeline is the shift to electric vehicles, which the Administration wants to account for 50 percent of all new cars sold by 2030.

Grid 95