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GM and Stellantis to receive over $1 billion from Biden administration for EV projects

Teslarati

The facilities that would be supported by the grant are located in Michigan, Indiana, Illinois, Pennsylvania, Ohio, Virginia, Maryland, and Georgia. “President Biden set out to build a clean energy economy that benefits everyone. John Podesta, Senior Advisor to the President for International Climate Policy, welcomed the grant.

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LG Energy Solutions & Hyundai team up for battery plant in the United States

Teslarati

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. Hyundai Motor Group and LGES signed a memorandum of understanding on May 26 in Seoul, Korea, for a battery cell manufacturing facility in Bryan County, Savannah, Georgia. based battery plant.

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DOE announces $1.7 billion in grants to convert facilities for EV production and support US auto workers – Charged EVs

Baua Electric

Some folks fear that the transition to EVs will lead to major job losses in the auto industry—and not without reason, as EVs require different (and fewer) components than legacy ICE vehicles. Blue Bird bagged $80 million to convert a Georgia plant to build electric school buses. billion in funding.

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Rivian cuts prices on its base R1T and R1S ahead of R2 launch

Teslarati

The price is down from previous R1T and R1S prices of $74,800 and $79,800 with the delivery fee, The news also comes ahead of Rivian’s launch of the R2 vehicle platform on March 7 , and as many in the auto industry have aired concerns around cooling electric vehicle (EV) demand.

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Hyundai beats VW, Toyota to 100M vehicle milestone as EVs pave way for global sales run

Baua Electric

Since 1967, Hyundai Motor has been trailblazing its own path in the auto industry. billion Metaplant America in Georgia, where it will build new EVs. With long-range, fast-charging EVs rolling out, like the new IONIQ 5 , Hyundai is laying the groundwork for a global sales run.

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2nd GM battery plant unionizes, this time in the less-unionized US South

Baua Electric

The UAW has been both contributing to and riding this wave of union support in pushing for unionization across the US auto industry , particularly in the realm of electric vehicles and battery plants. We also saw a newly-unionized Blue Bird school bus factory in Georgia , where electric school buses will be made.

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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

Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and auto industries. Outfitting of a high-volume manufacturing facility to build DC Bus Capacitors for the electric drive vehicle industry.

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