article thumbnail

DOE announces $2.5B loan to Ultium Cells for three US battery cell manufacturing facilities

Green Car Congress

billion loan to Ultium Cells LLC to help finance the construction of new lithium-ion battery cell manufacturing facilities in Ohio, Tennessee, and Michigan. The cells manufactured by Ultium Cells LLC are large format, pouch-type cells that use a nickel-cobalt-manganese-aluminum (NCMA) chemistry to deliver more range at less cost.

article thumbnail

Honda investing $700M in three Ohio plants to retool for EVs; with LG gigafactory, Ohio becomes Honda EV hub

Green Car Congress

Honda will invest $700 million to re-tool several of its existing auto and powertrain plants in Ohio for production of electric vehicles. Honda’s EV hub will leverage the company’s longstanding production, product development, and purchasing operations located in Central Ohio. Combined withe the $3.5-billion

Ohio 186
article thumbnail

LG Energy Solution and Honda break ground for new JV EV battery plant in Ohio

Green Car Congress

Honda and LG Energy Solution held the official groundbreaking ceremony for a new joint venture EV battery plant more than 2 million square feet in size, to be located in Fayette County, near Jeffersonville, Ohio—about 40 miles southwest of Columbus. Earlier post.) The two companies have committed to invest $3.5

Ohio 259
article thumbnail

Fisker and Foxconn confirm Fisker PEAR production in Ohio; expected base price below $29,900

Green Car Congress

Fisker confirmed that it will produce its second vehicle, the Fisker PEAR (Personal Electric Automotive Revolution) ( earlier post ), at the factory Foxconn (Hon Hai Precision Industry Co. recently acquired in Ohio from Lordstown Motors ( earlier post ). The Fisker PEAR will enter production in 2024.

Fisker 259
article thumbnail

Honda Announces Major EV Manufacturing Investment In Ohio

CleanTechnica EVs

billion investment in electric car production in Ohio. Honda and LG Energy Solution have announced a $4.2

Ohio 131
article thumbnail

Daimler Truck North America Expands Electric Vehicle Use for Logistics Decarbonization

Electric Cars Report

As one of the largest truck manufacturers in the U.S., As one of the largest truck manufacturers in the U.S., DTNA started […] The post Daimler Truck North America Expands Electric Vehicle Use for Logistics Decarbonization appeared first on Electric Cars Report.

article thumbnail

DOE awards $2M to Ohio University to develop products for energy storage and motors from coal waste

Green Car Congress

Ohio University’s Institute for Sustainable Energy and the Environment was awarded two of the six awards, one that explores how coal waste can be reimagined as energy storage and the second aims to develop ultra-conductive carbon metal composite wire for electric motors. Earlier post.)

Coal 186