EV battery company to close two Michigan plants, lay off 188 workers
An electric vehicle battery company will permanently close two of its Michigan plants in April, laying off 188 workers. Akasol, a German company that was acquired by BorgWarner in 2022, filed a notice with the state of Michigan on Feb. 11 announcing plans to close two of its plants in Hazel Park and Warren.
This $500M EV battery material plant is the first of its kind in the US
Japan's UBE has broken ground in Louisiana on a DMC and EMC plant – key components for lithium-ion batteries in EVs and battery storage.
Ionetic launches UK pilot production plant for EV batteries
"We want customers to spend as little as possible to get to production with a great battery pack," Eaton noted. Currently, Ionetic is engaged in a research and development project
Construction begins on $500M EV battery plant in Jefferson Parish, first of its kind in US
Company leaders say the project will decrease U.S. reliance on Chinese imports for EV battery ingredients and semiconductors used in computer chips.
Toyota steps in to support Michigan EV battery plant with $1.5B order after GM backs out
In a turn of events, Toyota is stepping in to support LG Energy Solution’s EV battery plant in Michigan. Toyota reportedly placed a $1.5 billion order to boost operations at the facility after GM backed out. GM reached a non-binding agreement with LG in December to sell its stake in their planned EV battery plant in Lansing, Michigan.
BorgWarner to close EV battery plants, lay off 188
Automotive supplier BorgWarner is planning to close two plants in metro Detroit and lay off 188 workers under an electric vehicle battery business it acquired four years ago.
Toyota to transfer LG Energy battery order to Michigan plant
Toyota Motor has agreed to transfer its order for LG Energy Solution vehicle batteries to a Michigan plant that General Motors is exiting, the Japanese automaker confirmed Tuesday. GM in December said it would sell its stake in the plant,
Toyota is supporting LG battery plant with $1.5 billion order
Toyota Motor Corp. has agreed to shift a $1.5 billion order with LG Energy Solution to bolster operations at a Michigan battery plant after General Motors Co. backed out of the project, according to people familiar with the matter.
Inside Climate News9h
EV Battery Manufacturing Capacity Will Rise When 10 New Plants Come Online This Year. But Can They Thrive in Chaos?
Donald Trump will preside over a near-doubling of U.S. battery manufacturing capacity for EVs in 2025. His policies will help ...
EV battery company Akasol to lay off 188 metro Detroit workers
Akasol, a wholly owned subsidiary of auto supplier BorgWarner Inc., will close two locations and shed 188 workers by April ...
London Free Press22h
$7B EV battery plant looms large in south London industrial project
A report attached to Hillier’s motion from Dancor says the project is directly tied to the $7-billion EV battery ...
Engineering News-Record2d
EV Battery Component Maker Cancels $325M Georgia Plant
Manufacturer Aspen Aerogels Inc. canceled plans to construct a $325-million plant in Statesboro, Ga., it told investors Feb. 12. Donald Young, CEO of the Northborough, Mass.-based company, says it ...
It's electric! EV industry event at Savannah Tech asserts Georgia's role in global market
Leaders in electric vehicle and battery production came together at Savannah Tech to discuss supply chain and industry growth ...
EV battery pack developer Ionetic opens UK pilot production plant
British startup Ionetic, which develops electric vehicle battery packs for low-volume automakers, has launched production at a UK pilot plant as it scales up for projects with manufacturers, the ...