HERNDON, VA— Volkswagen AG plans to invest $7.1 billion over the next five years in North America to boost its EV product portfolio, regional R&D and manufacturing capabilities.
GALESBURG, MI—Eaton Corp.’s Vehicle Group has formed a new ePowertrain business unit that will focus on transmission, reduction gearing and differential products for electric vehicle applications.
LOVELAND, CO—EV specialist Lightning eMotors has completed a 102,000-square-foot expansion of its manufacturing facility here, in order to double production of zero-emission vehicles and powertrains to 1,500 by the end of 2022.