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At the recent Geneva Motor Show, vehicle electrification was a leading topic of conversation. While automakers aren’t giving up on the good-old internal combustion engine just yet, they’re investing billions of dollars to develop fully electric systems that are reliable, safe and cost-effective to assemble.
The automotive industry is undergoing the biggest transformation in its 130-year history. Automakers and suppliers around the world are scrambling to develop autonomous vehicles. And, they’re under increasing pressure from outsiders ranging from Silicon Valley tech giants to startup entrepreneurs.
Whenever anyone mentions hybrid-electric vehicles today, most people automatically think of cars, buses and trucks. But, up in the sky, the technology is also getting a lot of attention from aerospace engineers. That’s because electric systems are greener, lighter, quieter and more energy-efficient than traditional alternatives.
Many experts tout fuel cells as one of the cleanest forms of green energy, because the devices reduce CO2 emissions and provide greater energy efficiency than combustion engines.
Electric vehicles promise to transform the automotive landscape. But, don’t expect to see too many differences in assembly plants as automakers start ramping up production.
Automakers and suppliers are scrambling to produce key electromechanical components, such as axles, controllers, steering sytems and climate-control systems.
A plain-looking warehouse near Detroit is being transformed into a state-of-the-art lithium-ion battery assembly plant. General Motors Co. (GM) is investing $43 million in the facility to mass-produce battery packs for the Chevrolet Volt and other extended-range electric vehicles. When the 160,000-square-foot facility opens next year, it will be the first lithium-ion battery manufacturing plant in the U.S. operated by a major automaker.