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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. Product details and timing related to GM’s future trucks are not being released at this time. billion since 2013.

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Geely begins mass production of commercial satellites; support for future vehicles

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Eighteen months after start of construction of its intelligent satellite production and testing center in Taizhou, China, Geely Technology Group has begun mass production of commercial satellites. At full capacity, the plant will have an annual production capacity of 500 units.

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USNC, Hyundai Engineering, SK E&C to partner on nuclear hydrogen production; MMR and SOEC

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Ultra Safe Nuclear Corporation (USNC), a US-based vertical integrator of nuclear technologies and services, Hyundai Engineering and SK E&C are teaming up to conduct research and development for carbon-free hydrogen production. It is also participating in a government-led green hydrogen production demonstration project.

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Volvo Construction Equipment investing $7.8M in battery pack production at excavator plant

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Volvo Construction Equipment (Volvo CE) announced an investment into battery pack production at its excavator plant in Changwon, South Korea. The Changwon plant in South Korea specializes in the production of excavators and is the biggest excavator production site in Volvo CE. With the SEK 80-million (around $7.8-million)

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DOE releases draft guidance for Clean Hydrogen Production Standard (CHPS)

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The US Department of Energy (DOE) released draft guidance for a Clean Hydrogen Production Standard (CHPS), developed to meet the requirements of the Bipartisan Infrastructure Law (BIL), Section 40315. The CHPS is not a regulatory standard, and DOE may not necessarily require future funded activities to achieve the standard.

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Faraday Future partners with Korea-based Myoung Shin for FF 81 production; SOP in 2024

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Faraday Future has contracted with Myoung Shin Co., an automotive manufacturer headquartered in South Korea, to manufacture Faraday Future’s second electric vehicle, the FF 81, with start of production scheduled for 2024.

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

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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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