VAN BUREN TOWNSHIP, MI—Our Next Energy (ONE), a Michigan-based energy storage technology company, will invest $1.6 billion to build a new battery cell manufacturing plant here.
GROB-Werke GmbH & Co. KG creates high-volume production systems for the electric vehicle (EV) market. Based in Mindelheim, Germany, the machine tool manufacturer recently completed a sophisticated system for making hairpins, which form the stator winding rims of electric motors.
IRVINE, CA—
Rivian Automotive Inc.’s shares rose after the automaker reported progress in ramping up production and reaffirmed its goal to build 25,000 electric vehicles this year.
DETROIT—GM posted a double-digit gain in third-quarter sales on improved supplies of hard-to-find computer chips, allowing it to best Toyota Motor Corp. by some 30,000 vehicles.
WASHINGTON—The National Labor Relations Board has ruled that employers cannot prevent workers from wearing union apparel or insignias on the job, absent special circumstances that justify such a restriction.
LOUISVILLE, KY—Ford Motor Co. is investing $700 million and add 500 additional hourly manufacturing jobs at its assembly plant here to support production of a new F-Series Super Duty pickup truck.
TOLEDO, OH—General Motors is investing $760 million in its propulsion manufacturing operations here to prepare the facility for producing drive units that will be used in future Ultium-based battery electric trucks. Toledo-built drive units are to be used primarily for Chevrolet Silverado EV, GMC Sierra EV, and GMC HUMMER EVs.