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Aleris will invest $350 million to upgrade capabilities at its aluminum rolling mill in Lewisport, Kentucky. The investment positions Aleris to meet anticipated significant growth in North American automotive demand as the industry pursues broader aluminum use for the production of lighter, more fuel-efficient vehicles.
The Commonwealth of Kentucky, the University of Kentucky (UK) and University of Louisville (U of L) are partnering with the US Department of Energy’s (DOE) Argonne National Laboratory to establish a national Battery Manufacturing R&D Center to help develop and deploy a domestic supply of advanced battery technologies for vehicle applications.
The United Automotive Workers (UAW) have come to a tentative local agreement at a Ford factory in Kentucky, after the union threatened to put the site’s almost 9,000 workers on strike last week if a deal wasn’t reached. The post Ford and UAW reached a tentative local agreement at Kentucky plant appeared first on TESLARATI.
The last tenant of the 107,000-square-foot property was Mexican Industries, which made plastic moldings for the autoindustry until filing for bankruptcy in 2001. Most of these jobs will be in the metal stamping, metalworking, machining and casting industries that are dominant in the Midwest.
Vision Motor Cars , of Williamsburg, Kentucky, has submitted five year’s worth of purchase orders worth $348 million for its new line of all-electric drive delivery vans, mini-vans and sports cars. Earlier post.). —VMT Managing Partner Mark Stoddard.
“Ford of Canada has been a leader in the country’s autoindustry since it was founded 119 years ago, driven by hard-working, dedicated employees,” said Bev Goodman, president, and CEO of Ford Canada. This facility will be opening alongside its flagship sibling.
A Rivian R1T electric pickup truck saved the day this week by pulling a semi-truck stuck in the mud in Covington, Kentucky. Despite still being a new segment of the autoindustry being electrified, the early electric pickup trucks are already performing well on virtually all metrics.
” It's time for a deal that recognizes our members' sacrifices and contributions to the autoindustry. It’s really hard for the automakers to roll over to all of it and if they do roll over, it will punish the stock. It’s a very sticky situation.”
The three way partnership is development battery crops in Kentucky and Tennessee able to jointly generating greater than 120 gigawatt hours every year. “Not only is the federal government not using its power to turn the tide – they’re actively funding the race to the bottom with billions in public money,” the UAW mentioned.
autoindustry jobs could rise by 150,000 by 2030 if battery electric vehicles sales reach 50 percent by 2030 and the vehicle market share of U.S.-assembled It believes that there will be a net loss of 275,000 autoindustry jobs by 2040, with most of the drop off coming between 2030 and 2035.
autoindustry globally competitive. Investments have flowed to states like Ohio, Kentucky, Arizona, South Carolina, Alabama, Georgia, Pennsylvania, Michigan, Nevada, and more. In 2022, the federal government recognized the vital role of EVs in combating climate change, improving public health, and keeping the U.S.
& This time, it’s a group of Republican attorneys general with Kentucky and West Virginia at the helm coming after the Biden administration.& & West Virginia Attorney General Patrick Morrisey and Kentucky Attorney General Russell Coleman, filed the lawsuit in the U.S. We just aren't buying it," Coleman said.
Trump hasn’t had a well-defined platform—then or now—regarding clean energy, transportation, or the autoindustry in the same way as President Joe Biden (or, by extension, Vice President and current presidential candidate Kamala Harris). First, let’s take a look at how Trump policy affected the autoindustry in the previous term.
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