Ford (F) announces $3.5B investment to build New LFP Battery Plant in Michigan

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Ford Taps Michigan for New LFP Battery Plant; New Battery Chemistry Offers Customers Value, Durability, Fast Charging, Creates 2,500 More New American Jobs

February 13, 2023 1:45 PM EST

Ford is the first automaker to commit to build both nickel cobalt manganese (NCM) and lithium iron phosphate (LFP) batteries in the U.S., helping Americas No. 2 EV company in 2022 bring EVs to more customers and diversify its U.S. supply chain Ford is investing $3.5 billion to build an LFP battery plant in Marshall, Michigan; this wholly owned subsidiary is part of Fords $50 billion+ global push to lead the EV revolution. Initial production slated for 2026 with 2,500 employees to start Adding LFP batteries to Fords EV lineup this year starting with... More

Ram Truck Brand Reveals Highly Anticipated All-new, All-electric Ram 1500 REV in 60-Second 'Premature Electrification' Big Game Commercial, Opens Up Online Reservations

February 12, 2023 6:30 AM EST

AUBURN HILLS, Mich., Feb. 12, 2023 /PRNewswire/ --

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Jeep® Brand Slides Into the Big Game With 'Electric Boogie'

February 12, 2023 6:30 AM EST

AUBURN HILLS, Mich., Feb. 12, 2023 /PRNewswire/ --

One-minute Big Game commercial... More

All-new, All-electric Ram 1500 REV to Debut During Big Game, Customer Reservations Now Open

February 12, 2023 6:30 AM EST

AUBURN HILLS, Mich., Feb. 12, 2023 /PRNewswire/ --

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Tickets, Registration Available for 'Dodge Last Call Powered by Roadkill Nights Vegas' Event, Featuring Reveal of Final Dodge 'Last Call' Special-edition Vehicle

February 10, 2023 10:00 AM EST

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Jeep® Grand Cherokee and Grand Wagoneer Earn 2023 MotorWeek Drivers' Choice Awards

February 10, 2023 9:00 AM EST

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Alfa Romeo Begins Celebrating 100th Anniversary of Quadrifoglio by Revealing New Logo

February 9, 2023 6:00 PM EST

AUBURN HILLS, Mich., Feb. 9, 2023 /PRNewswire/ --

Throughout 2023, Alfa Romeo is celebrating 100 years of Quadrifoglio and 60 years of Autodelta, two milestones in its history of noble Italian sportiness since... More

Ram Brand Confirms Name of First Electric Pickup: Ram 1500 REV

February 9, 2023 2:45 PM EST

AUBURN HILLS, Mich., Feb. 9, 2023 /PRNewswire/ -- Ram Truck brand confirmed today that its first battery-electric pickup truck will be known as the Ram 1500 REV. The announcement of the all-new Ram 1500 REV as the name of the brand's first electric pickup truck marks the latest step in Ram's electrification journey to bring the industry's best electrified options to market.

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Two Decades of Rubicon: Jeep® Brand Reveals 20th Anniversary Editions of 2023 Wrangler Rubicon 4xe and 2023 Wrangler Rubicon 392

February 9, 2023 11:45 AM EST

AUBURN HILLS, Mich., Feb. 9, 2023 /PRNewswire/ --

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GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips

February 9, 2023 11:30 AM EST

MALTA, N.Y. and DETROIT, Feb. 9, 2023 /PRNewswire/ -- General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM's chip supply.  Through this first-of-its-kind agreement, GF will manufacture for GM's key chip suppliers at GF's advanced semiconductor facility in upstate New York bringing a critical process to the U.S.

This agreement supports GM's strategy to reduce the... More

GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips

February 9, 2023 11:30 AM EST

MALTA, N.Y. and DETROIT, Feb. 09, 2023 (GLOBE NEWSWIRE) -- General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GMs chip supply. Through this first-of-its-kind agreement, GF will manufacture for GMs key chip suppliers at GFs advanced semiconductor facility in upstate New York bringing a critical process to the U.S.

This agreement supports GMs strategy to reduce the number of unique chips needed to power increasingly complex and tech-laden... More

GlobalFoundries and GM Announce Long-Term Direct Supply Agreement for U.S. Production of Semiconductor Chips

February 9, 2023 11:30 AM EST

MALTA, N.Y. and DETROIT, Feb. 09, 2023 (GLOBE NEWSWIRE) -- General Motors Co. (NYSE: GM) and GlobalFoundries (NASDAQ: GFS) (GF) today announced a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GMs chip supply. Through this first-of-its-kind agreement, GF will manufacture for GMs key chip suppliers at GFs advanced semiconductor facility in upstate New York bringing a critical process to the U.S.

This agreement supports GMs strategy to reduce the number of unique chips needed to power increasingly complex and tech-laden... More