ENDICOTT, NY—BAE Systems has made a multimillion dollar investment in its facility here that develops and makes subsystems for electric aircraft. The products include energy storage, controls and power conversion systems.
BOWLING GREEN, KY—Battery manufacturer Envision AESC will invest $2 billion to build a new assembly plant here to make battery cells and modules for electric cars from several OEMs.
One of the customers for the battery cells will probably be Mercedes-Benz, which will assemble the EQS electric SUV at its factory in Tuscaloosa, AL.
The iconic Fiat 500 is a legendary automobile. In Italy, the cinquecento is considered to be the "people’s car." Since 1957, more than 6 million units have been mass-produced. The subcompact vehicle is even part of the permanent collection of the Museum of Modern Art in New York City.
DETROIT/TOKYO—General Motors and Honda recently announced plans to codevelop a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology.
SIDNEY, OH—Fresh off of winning Intel’s $20 billion project to make semiconductors in Licking County, the state is on the verge of landing another big project: a $900 million investment by a Chinese manufacturer of materials used in batteries that power electric vehicles and other products.