Search Results Found For: "Lordstown "

No, Workhorse hasn’t yet secured funding to buy GM’s Lordstown plant, but the deal is moving forward

For some time, Charged has followed the story of Workhorse Group, a Cincinnati-based company that has built a prototype electric pickup, has sold electric trucks to UPS and FedEx, and is in the running for a major contract to supply delivery trucks to the US Postal Service. Along with other observers of the EV scene,… Read more »

Is Workhorse’s deal to buy Lordstown plant from GM to build electric pickup too good to be true?

News travels by strange paths these days. The world first learned of a tentative deal for electric truck maker Workhorse to buy GM’s idled Lordstown, Ohio plant via a self-congratulatory tweet by the President of the US. If the deal goes through, it could be a win-win-win-win: Workhorse might receive a windfall like the one… Read more »

GM boosts EV investment, plans to build more US battery factories

GM has raised the stakes in what’s starting to look like a lively EV rivalry with Ford. The nation’s largest automaker now says it plans to invest $35 billion in electrification over the five years ending in 2025—the second increase in its announced figure in the last eight months. By 2025, GM plans to offer… Read more »

Li-Cycle and Ultium Cells partner to recycle battery manufacturing scrap

Li-Cycle, the developer of a novel battery recycling system, has announced an agreement with Ultium Cells, a joint venture of GM and LG Energy Solution, to recycle up to 100% of the scrap generated by battery cell manufacturing at Ultium’s Lordstown, Ohio mega-factory. Using its patented Spoke & Hub Technologies at facilities in the US,… Read more »

GM to build electric Silverado pickup at Factory Zero in Detroit

Chevrolet’s upcoming Silverado electric pickup truck will be built at the company’s Factory Zero assembly plant (the former Detroit-Hamtramck Assembly Center, now retooled for the exclusive production of battery-electric vehicles). GM plans to deliver more than 1 million electric vehicles globally by 2025. Thanks to its new Ultium Platform, along with modern virtual development tools… Read more »

GM and LG may build a second battery factory in Tennessee

If GM is going to electrify most of its lineup by 2035, it’s going to need a lot more batteries. Sending out press releases is fast and free, but building supply chains takes years and billions, so one indication of whether the automaker’s announced deadline is a serious objective or a mere aspiration will be… Read more »

GM teases future electric Chevy crossover and pickup, invests more in EVs

General Motors CEO Mary Barra said Thursday the company is accelerating its electric-vehicle efforts, pulling forward the schedule on many future launches, and expanding the number of EV models it sells globally to 30 by the end of 2025—a larger number than the dozen future EVs shown to journalists in a no-cameras presentation in March…. Read more »

EIT InnoEnergy invests in in-wheel-drive maker Elaphe

EIT InnoEnergy has announced a €4.2-million investment in Elaphe Propulsion Technologies, a maker of EV in-wheel-drive technology. EIT InnoEnergy’s investment will serve as a springboard to secure further growth while giving Elaphe access to EIT’s sustainable energy and mobility innovation networks.  Elaphe says its fully modular platform combines the in-wheel powertrain with software capable of… Read more »

The monster that wouldn’t die—varied reactions to GM’s electric Hummer unveil

EV fans tend to be divided into two groups: Greenies and Car Guys, and reaction to GM’s upcoming Hummer EV has, unsurprisingly, been divided along those lines. Hummer good Most of the media is ecstatic over the new machine. Many are praising its “bad-ass” looks (GM says it wanted to make it look “less military”… Read more »

GM releases a little more info about its electric Hummer pickup

Love it or hate it, the electric Hummer is coming. GM recently released some more information about the battery-powered behemoth, including photos of the prototype vehicle being assembled, along with its battery pack. The Hummer EV will use GM’s new Ultium modular battery architecture, which is to be manufactured in a joint venture with Korean… Read more »