Hella GmbH & Co. has been synonymous with automotive lighting for decades. But, the 124-year-old company produces more than just top-of-the-line headlamps.
AUSTIN, TX—Tesla Inc. claims that it has developed a new assembly process that can reduce EV production costs by 50 percent, while reducing factory space by 40 percent.
President Joe Biden signed the Inflation Reduction Act of 2022 (IRA) into law on Aug. 16. The law is a major accomplishment for Democrats, who have been struggling for months to pass Biden’s ambitious social and climate policies, as well as his vision to raise taxes on the rich.
WASHINGTON—The U.S. Department of Energy has announced $3.1 billion in funding from the Bipartisan Infrastructure Law to make more batteries and EV components in the United States.
DEARBORN, MI—Ford Motor Co. has begun assembling the F-150 Lightning pickup truck at the Rouge Electric Vehicle Center here, which is located within the historic Rouge Complex.
CLEMSON, SC—The unprecedented need to develop a workforce that can build and service electric and autonomous vehicles, and develop cybersecurity systems to protect them, is the driving force behind a new consortium based here.