DETROIT—General Motors announced Tuesday its plans to invest $7 billion in Michigan to increase the production of electric vehicles and battery manufacturing. It's the single biggest investment in the company's history.
TURIN, Italy—Comau has developed and deployed an automated edrive assembly line for Geely Automobile Holdings at its Geely Veremt plant in Ningbo, China.
DEARBORN, MI—Ford Motor Co. says it is planning to nearly double production of the F-150 Lightning pickup at the Rouge Electric Vehicle Center here to 150,000 trucks per year, to meet high customer demand.
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.