Jeep Cherokee plant to be ‘idle, not closed,' Stellantis exec says
News that Belvidere Assembly in Illinois will halt production early next year came a week after state lawmakers approved expanding tax incentives available to retool it for EVs.
Data analytics can help unlock battery bottlenecks
EV battery makers will need to learn to manage data in new ways and consider different business models in order to bring new technologies to market faster, executives said.
Stellantis to make solar power push at southeast Michigan operations
Stellantis is looking to solar power to help cut its carbon footprint, and has made a clean energy commitment to add 400 megawatts of new solar projects in Michigan.
U.S. completes $2.5 billion loan to GM, LG battery joint venture
The U.S. Energy Department said it finalized a $2.5 billion loan to a joint venture of GM and LG Energy Solution to help pay for three new lithium-ion battery cell plants.
Rivian, Mercedes pause plans for JV to build electric vans in Europe
The project has been paused as Rivian focuses on its consumer and existing commercial business as it tries to become cash flow-positive in its U.S. operations.