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Stellantis investing $155M in 3 Indiana plants to produce new electric drive modules

Green Car Congress

Stellantis will invest a total of $155 million in three Kokomo, Indiana, plants to produce new electric drive modules (EDM) that will help power future electric vehicles assembled in North America and to support the goal of 50% battery-electric sales in the US by 2030. billion in Indiana to support its transition to electrification.

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ArcelorMittal develops two steel solutions to reduce weight of pickups; exploring applications in PHEVs

Green Car Congress

The new steel solutions include advanced steel grades developed by ArcelorMittal’s research and development (R&D) teams in Maizières-lès-Metz and Montataire, France and East Chicago, Indiana. Pick-up trucks represent a significant part of the NAFTA region’s light vehicle market. According to IHS, more than 2.6

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FPL Group and Duke Energy Pledge 10-year, $600M+ Commitment to Transition Fleets to PHEVs and EVs

Green Car Congress

Duke Energy and FPL Group will begin this transition in the coming years with the goal that 100% of all new fleet vehicles will be plug-in electric vehicles (PEVs) or plug-in hybrid electric vehicles (PHEVs) by 2020. Duke Energy is the third largest electric power holding company in the United States, based on kilowatt-hour sales.

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Lexus introduces TX 3-row SUV with three powertrain choices: ICE, HEV and PHEV

Green Car Congress

TX will be exclusively assembled by Toyota Motor Manufacturing, Indiana (TMMI), and is the first Lexus vehicle to be assembled there. This is the first Lexus PHEV assembled in North America and this powertrain will be available at a later date.

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Stellantis to invest $229M in Kokomo operations to produce 4th-gen 8-speed transmission; ICE, MHEV and PHEV

Green Car Congress

Stellantis will invest a total of $229 million in three of its Kokomo, Indiana, plants to help the company reach its goal of achieving 40% low-emission vehicle sales in the US by 2030. Adding electrified transmission assembly also diversifies the product portfolio of the Kokomo operations. Production is expected to launch later this year.

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GM and PHEV Maker Bright Automotive Announce Strategic Relationship; GM Ventures Funding

Green Car Congress

GM has provided funding to the Indiana automaker, the first funding action by the newly formed General Motors Ventures LLC ( earlier post ). Bright Automotive, the developer of the purpose-built, plug-in hybrid IDEA ( earlier post ), and General Motors Co. have agreed to pursue a strategic relationship.

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President Obama Announces 48 Projects to Receive $2.4B in Grants for Next-Generation of Batteries and Electric Vehicles; To be Combined with $2.4B in Industry Cost-Share

Green Car Congress

Develop, analyze, and demonstrate hundreds of Chevrolet Volt Extended Range Electric Vehicles (EREVs) --125 Volt PHEVs for electric utilities and 500 Volt PHEVs to consumers. Accelerate the launch and commercialization of PHEVs and EVs by partnering with 15 of America's leading utilities. State of Indiana West Lafayette, IN.