Michigan Lures $1.6 Billion Battery Factory in Fight for EV Jobs
Michigan awarded incentives to two new battery projects — a local startup building a cell plant and a Chinese firm that may produce battery components — as Gov. Gretchen Whitmer seeks to secure future automotive jobs in the state.
Inflation Reduction Act Sparks Interest in Battery Industry
Battery upstarts are salivating over elements in the Inflation Reduction Act, particularly the tax credits for manufacturing components in the U.S.
Jeep Plans Four Electric SUVs, Including a New ‘Brother’ for the Wrangler
Jeep, the rugged American SUV brand owned by Stellantis NV, is expanding its lineup to meet more-stringent emission rules and catch up to rival automakers.
Rivian Cancels Least Expensive Version of Electric Pickup Truck
Rivian Automotive Inc. eliminated the least expensive trim of its R1T electric pickup truck, the company confirmed via email, effectively raising the price of its entry-level model.
Ford-Backed Startup Targets EV Alternatives to Lithium-Ion Batteries
Solid Power Inc., the battery startup that went public in a reverse merger last year, has begun operating a new pilot line, putting it on pace to deliver sample cells to automotive partners by year-end.
Soaring Lithium Prices May Affect Vehicle Production
Batteries, and more precisely battery metals, are poised to replace chips as the new bottleneck for the auto industry.
Why Nearly Empty Auto Lots Make This Pump-Price Shock Different
Gasoline soaring above $4 a gallon this month has inspired comparisons to 2008, when pump prices sapped demand for fuel-guzzling SUVs and helped push Detroit’s automotive behemoths into bankruptcy.
May Mobility Raises $83 Million for AV Shuttle
May Mobility Inc., a self-driving shuttle startup backed by the venture arms of Toyota Motor Corp. and BMW AG, raised $83 million in its largest funding round to date.
Mercedes Taps Luminar for Lidar
Mercedes-Benz plans to use laser sensors from Luminar Technologies Inc. in a next-generation vehicle platform to enable semi-autonomous driving features on highways.
Silicon Valley’s Push Into Cars Is Testing Aptiv
The auto industry is being upended anew in ways that could challenge Aptiv.