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.
SIDNEY, OH—Fresh off of winning Intel’s $20 billion project to make semiconductors in Licking County, the state is on the verge of landing another big project: a $900 million investment by a Chinese manufacturer of materials used in batteries that power electric vehicles and other products.
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.
HERNDON, VA— Volkswagen AG plans to invest $7.1 billion over the next five years in North America to boost its EV product portfolio, regional R&D and manufacturing capabilities.