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

Green Car Congress

General Motors plans to invest $632 million in Fort Wayne Assembly to prepare the plant for production of the next-generation internal combustion engine (ICE) full-size light-duty trucks. This investment will enable the company to strengthen its industry-leading full-size truck business. billion since 2013.

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GM, POSCO Future M announce 2nd phase of CAM production in N America; adding pCAM

Green Car Congress

General Motors and POSCO Future M announced the second phase of their Ultium CAM joint venture, an investment projected to exceed US$1 billion to increase production capacity of cathode active materials (CAM) in North America and integrate precursor materials production. Site selection will be announced later.

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The Metals Company and Low Carbon Royalties form strategic partnership

Green Car Congress

Deepsea mining company TMC The Metals Company ( earlier post ) announced a strategic partnership with Low Carbon Royalties Inc. to finance the development and production of low-carbon fuels and energy transition metals. TMC and LCR have agreed to a purchase and sale agreementwhereby LCR has acquired a 2.0%

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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.

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Kia starts building facility for electric purpose-built vehicle (PBV) production

Green Car Congress

Kia held a groundbreaking ceremony for its dedicated plant for the production of battery-electric purpose-built vehicles (PBV). Kia will invest around one trillion KRW (approximately US$758 million) to secure 99,000 acres of land, with the company planning to start mass-production in the second half of 2025.

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

Green Car Congress

General Motors plans to invest $918 million in four US manufacturing sites, including $854 million to prepare these facilities to produce the company’s sixth-generation Small Block V-8 engine and an additional $64 million in Rochester, New York and Defiance, Ohio for castings and components to support EV production.

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Fukushima Prefecture and Toyota begin discussions aimed at building a hydrogen-based city of the future

Green Car Congress

Fukushima Prefecture and Toyota Motor Corporation have commenced discussions with various partners over building a city for a new future that makes use of hydrogen and technologies produced in Fukushima Prefecture.

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