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LG Chem to Build $ 303M Li-ion Plant in Holland, MI

Green Car Congress

will build its new $303 million lithium-ion battery manufacturing facility in Holland, Michigan. million grant the company received from the US Department of Energy (DOE) as part of the Recovery Act Award for Electric Drive Vehicle Battery and Component Manufacturing Initiative. Michigan Governor Jennifer M. LG Chem Ltd.

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Saft to Raise Approximately 120M to Fund Li-ion Plants in US

Green Car Congress

Saft remains very focussed on its exciting medium term growth prospects, with high performance Li-ion batteries and is delighted that its projects have been chosen by the US Government to receive grants to build new factories in North America. million, including $100 million of investment-related, refundable tax credit.

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US DOE Awards $300 Million in Clean Cities Grants to Support Alternative Fuels, Vehicles, and Infrastructure Development

Green Car Congress

Like the Recovery Act-funded projects, the annual Clean Cities projects include grants for vehicles, infrastructure, and education. Clean Energy Coalition’s CEC Michigan Green Fleets Initiative. The project will increase the use of natural gas, electric and hybrid electric vehicles in 13 sites throughout Michigan.

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Ford Investing $550M to Retool SUV Plant to Produce Focus Small Car and EV

Green Car Congress

Ford Motor Company is investing $550 million to transform its Michigan Assembly Plant into a flexible manufacturing complex that will build Ford’s next-generation Focus global small car along with a new battery-electric version of the Focus for the North American market. Earlier post.) Mark Fields, Ford president of The Americas.

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The EV Battery Wish List

Cars That Think

allowing automakers to theoretically build many more cars from a finite supply. All this could grant the ultimate, elusive wish for EV makers: Price parity with internal-combustion automobiles. billion to build a network of 500,000 EV chargers by 2030. They would require fewer raw and refined materials., The 2021 U.S.

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Ford receives Federal backlash following Chinese battery agreement

Teslarati

As part of this $50 billion electrification plan, Ford is building ten new production facilities in the United States, one of them, a battery production facility in Western Michigan, was announced Monday. However, now the automaker is receiving backlash for partnering with Chinese battery maker CATL at the facility. Specifically, Sen.

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Inflation Reduction Act – How It Supercharges the Electric Vehicle Industry

EV Match

on a path to reducing emissions more than 40% below 2005 levels, per a Princeton University analysis of the measure’s impacts : expanded tax credits for EVs, batteries, solar panels and wind turbines. Honda announced just days ago that it has struck a deal with Korean battery giant LG Energy Solution to build a $4.4