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Retooling a shuttered factory to build electric trucks: Q&A with Lordstown Motors CEO Steve Burns

Charged

Meanwhile, Workhorse continues building electric vans, and GM and LG Chem have announced plans to invest up to $2.3 GM has not invested any cash in Lordstown Motors—it just sold the new company its plant. Steve Burns: Automotive plants come up for sale very infrequently. billion in a battery cell assembly plant in the area.

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'We want to make the bus cool': Inside Arrival, the $13bn British electric vehicle start-up

Business Green

Arrival is arguably the biggest success story in modern UK automotive industry. The upstart firm, which now boasts a workforce of more than 1,800 employees, has chalked up hundreds of millions of dollars of investment from the likes of auto manufacturers Hyundai and Kia, Russian billionaire Vladimir Potanin, and investment giant BlackRock.

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'We want to make the bus cool': Inside Arrival, the $13bn British electric vehicle start-up

Business Green

Arrival is arguably the biggest success story in modern UK automotive industry. The upstart firm, which now boasts a workforce of more than 1,800 employees, has chalked up hundreds of millions of dollars of investment from the likes of auto manufacturers Hyundai and Kia, Russian billionaire Vladimir Potanin, and investment giant BlackRock.

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5 electric vehicle trends seen in 2022

Charged

According to SupplyChainDive , lithium prices don’t support the required mining investment. A flourishing regional battery supply chain is vital for the automotive industry and cuts down on transportation emissions across the supply chain, something that is particularly important for an industry that prides itself on sustainability.