SOUTHFIELD, MI—The rapid growth of the hybrid and electric vehicle segment could potentially cause material demand to outpace supply from 2025, claims a new report from IHS Markit.
GREER, SC—Proterra Inc. is investing $76 million to build a new assembly plant here to make batteries for electric commercial vehicles, such as buses and delivery trucks. The 327,000 square foot factory is expected to employ more than 200 people over the next several years.
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