Stories tagged: "EV"
Most experts agree putting more electric vehicles on the road is a major step toward fighting climate change, but a new report says states will also need to find new ways to fund road maintenance.
The US Department of Energy today announced the closing of a $2.5 billion loan to help finance the construction of three new lithium-ion battery cell manufacturing facilities—including a factory in Lansing that'll employ an estimated 1,700 people and lead to more than 2,000 new construction jobs.
Michigan automakers have figured out that new models can make a bigger splash when they're unveiled to a digital audience on a day where they don't have to share the spotlight with their rivals. Not to mention that making a debut at an auto show can be hugely expensive.
Even though battery costs are rising, auto companies in Michigan are rolling out more affordable electric vehicles that should widen their appeal to a larger group of buyers.
About 3,000 white-collar workers at Ford Motor Co. will lose their jobs as the company cuts costs to help make the long transition from internal combustion vehicles to those powered by batteries.
Thundering gas-powered muscle cars, for decades a fixture of both American and Michigan culture, will be closing in on their final Saturday-night cruises in the coming years as automakers begin replacing them with super-fast cars that run on batteries.