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Toyota to invest $1.3B to build EVs at its Kentucky plant

Baua Electric

billion investment in its Kentucky factory to build EVs, including its three-row electric SUV for the US market. The investment supports the previously announced future battery EV assembly at Toyota Kentucky. to build EVs at its Kentucky plant appeared first on Bauaelectric Auto News. Photo: Toyota Toyota just announced a $1.3

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Aleris to invest $350M to upgrade Kentucky aluminum rolling mill for anticipated growth in automotive demand

Green Car Congress

Aleris will invest $350 million to upgrade capabilities at its aluminum rolling mill in Lewisport, Kentucky. Aleris is currently a leading supplier to the European premium auto industry, which has led the transition to aluminum driven by tighter emissions standards. —Steve Demetriou, Aleris Chairman and CEO.

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Urbix and SK On in joint development agreement for high-performance anode materials

Green Car Congress

US-based graphite processor Urbix ( earlier post ) announced a Joint Development Agreement with global EV battery developer and manufacturer SK On (SKO). Headquartered in Seoul, SKO is a global Tier 1 cell-maker, with major battery plants operating and under construction across Asia, the US and Europe.

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Chevrolet introduce electrified AWD Corvette: 2024 E-Ray hybrid

Green Car Congress

Standard Brembo Carbon Ceramic brake system for optimal braking performance. Standard Magnetic Ride Control 4.0 E-Ray’s standard Active Fuel Management system uses the electric motor to extend 4-cylinder operation in various driving scenarios. with three distinct suspension settings.

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Novelis to acquire downstream aluminum producer Aleris for ~$2.6B; meeting automotive demand, expanding into aerospace

Green Car Congress

the leading producer of flat-rolled aluminum products and the world’s largest recycler of aluminum, has signed a definitive agreement to acquire Aleris Corporation, a global supplier of aerospace and automotive rolled aluminum products, for approximately $2.6 Novelis Inc., billion including the assumption of debt.

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2020 Ford Escape to offer hybrid and PHEV variants

Green Car Congress

Escape, which debuted the world’s first hybrid SUV in 2005, brings back two hybrid choices for 2020—a standard hybrid and a plug-in variant—and introduces technologies ranging from drive modes and driver-assist features to electric vehicle ingenuity and on-board connectivity. The all-new 1.5-liter To help conserve fuel, the 1.5-liter

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New HERE-SBD index identifies EV leaders and laggards in the US and Europe

Green Car Congress

Location data and technology company HERE Technologies, in conjunction with SBD Automotive, a global automotive research firm, published an interactive index that shows the developing state of electric vehicle (EV) demand and infrastructure readiness across the United States and Europe. Methodology.

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