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"The Michigan EV industry is caught between building vehicles that are profitable now," he said, referring to gasoline cars, at the cost of having EVs ready for the future. "I believe that initial investments will mostly be lost." Another Detroit-based company, Plug Zen, focuses on EV cha...
In January 2022, General Motors announced considering investing more than USD 4 billion in two Michigan factories to increase its electric car manufacturing capacity. GM and LG Energy Solution have proposed constructing a USD 2.5 billion battery facility in Lansing. Moreover, growing initiatives across...
“The Michigan EV industry is caught between building vehicles that are profitable now," he said, referring to gasoline cars, at the cost of having EVs ready for the future. “I believe that initial investments will mostly be lost.” Another Detroit...
In the past two years, Ford has announced it would build four new battery factories and a new vehicle assembly plant as well as spending heavily to acquire raw materials to build electric vehicles. By the end of this year, the company, based in Michigan, expects to be building electric veh...
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We've rounded up the best new cars with starting prices of $50,000 or less, and there are a plenty of options Cherise ThreewittFeb. 21, 2025 Car Advice Hatchbacks With the Most Cargo Space Roomy, practical, and efficient, these hatchbacks pack a punch, with plenty of cargo space and...
California and GM's home state of Michigan. Even so, Volts have found homes in all 50 states including Alaska and Hawaii, said Peterson. Some people can't wait for them to be available in their own states. They want the cars so badly they're buying them and shipping them across oceans...
Ford invests $550 million to transform Michigan Assembly Plant (formerly Michigan Truck Plant) from a large SUV factory into a modern, flexible small car plantProduction for the North American market of the new global Ford Focus begins next year followed by production in 2011 of a battery-...
Tesla, the EV sales leader, which now has years of experience building vehicles, showed improvement in reliability, Fisher said. This was largely because a high proportion of Tesla's sales involve the relatively small and less-expensive Model Y SUV ...