Mazda President and CEO Akira Marumoto spoke at length Tuesday about the company’s future, acknowledging the shift towards electrification. This is something all major automakers […]
Tag: Invests
GM Invests $45 Million In Indiana Casting Plant For Silverado, Sierra EV
General Motors has invested a lot of money in its electric future. This is not a surprise as the industry and market are pointing in […]
GM Invests $650 Million In Nevada Lithium Mine For Production Of EV Batteries
About two weeks ago, General Motors announced a major investment into a new V8 engine and EV components. The American automaker has now announced another […]
Tesla Invests $3.6 Billion In Batteries And Semi Manufacturing In Nevada
Tesla joins a growing list of automakers to announce significant investments in manufacturing and production in the United States. The EV company will allocate a […]
Mercedes Invests $1 Billion In New EV Charging Network In North America
Mercedes-Benz used CES 2023 to announce its first global charging network launching in North America. Construction on sites in the United States and Canada started […]
VW Invests $485 Million In Wolfsburg For ID.3 Facelift And Production Of New SUV
Volkswagen is working on a revamped version of the ID.3. The company calls it new ID.3 but really it’s a facelift for the electric hatch […]