Last week, Michigan Gov. Gretchen Whitmer held a ceremonial ribbon-cutting at the headquarters of Our Next Energy, a battery manufacturing startup in Novi, a Detroit suburb.
This is an increasingly common scene as demand for electric vehicles is leading to an expansion of U.S. battery manufacturing on a scale so large that it’s almost difficult to comprehend.
Our Next Energy, or ONE, plans to spend $1.6 billion on a new plant in Novi that would employ more than 2,000 people. The company, co-founded by a former Ford engineer, is providing batteries to BMW, among others.
But that’s not even the biggest battery-related announcement in Michigan this month.
Auto fleets’ shift to electric vehicles (EVs) in a global drive to cut carbon emissions will involve a drawdown on copper that could transform markets, and spur additional supply. Cars powered by electricity are able […]
By David R Baker In a nondescript office park in San Jose, California, ChargePoint Holdings Inc. runs a torture lab of sorts. It’s here that the operator of the US’s largest network of electric vehicle chargers […]
Priorities are everything in business as they are in life, and Ford CEO Jim Farley made it crystal clear where his priorities lie in the leadup to the ongoing UAW strike that began last Friday. […]
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