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.
RALEIGH, NC—VinFast, a Vietnamese manufacturer of electric vehicles, has chosen North Carolina for its first North American automotive and battery assembly plant, which will create 7,500 jobs. The manufacturing plant will be built at the Triangle Innovation Point megasite in Chatham County.
COLESHILL, England—Munro Vehicles, a startup manufacturer of all-terrain four-wheel drive electric vehicles, recently worked with engineers from ABB to develop a high-performance cable protection system.