Michigan Attorney General's Office is demanding Gotion Inc. repay grant funds used to purchase 300-acre site for a $2.4-billion electric vehicle plant.
Rivian Automotive also broke ground on $5B Georgia EV factory with one of state’s largest incentive deals, while Texas developers announce new Permian Basin gas power infrastructure as ERCOT sees demand rising to 24,000 MW by 2030.
Rivian Automotive also broke ground on $5B Georgia EV factory with one of state’s largest incentive deals, while Texas developers announce new Permian Basin gas power infrastructure as ERCOT sees demand rising to 24,000 MW by 2030.
Construction of semiconductor manufacturer Wolfspeed’s $5-billion John Palmour Manufacturing Center for Silicon Carbine in Siler City, N.C., is continuing on schedule for production to begin in the first half of 2025, company leaders told investors Oct. 30 during their latest financial results call.
Electric Mustangs are set to use factory's first in the U.S. lithium iron phosphate batteries, which are more durable with less high-cost materials, automaker says, despite lawmaker concerns about the China link.
Nevada firm's $3.5B, 10-year plant commitment to Charleston area could gain it access to materials and customers from the state's EV production boom, but project contractors were not disclosed.