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U. S. Steel Announces Supply Agreement with General Motors for U.S.-Sourced Sustainable verdeX® Steel
February 14, 2023 10:58 AM ESTPITTSBURGH--(BUSINESS WIRE)-- United States Steel Corporation (NYSE: X) (U. S. Steel) announced today that it will supply General Motors (GM) with its advanced and sustainable steel solution called verdeX® steel. The steel is manufactured with up to 75 percent fewer emissions compared to traditional blast furnace production1, is made with up to 90 percent recycled content and is endlessly recyclable without degradation.
U. S. Steels verdeX® steel will be manufactured at Big River Steel, a... More
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 ESTFord 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
Rivian Hires Michael Callahan as Chief Legal Officer
February 13, 2023 9:18 AM ESTIRVINE, Calif.--(BUSINESS WIRE)-- Rivian Automotive, Inc. (NASDAQ: RIVN) today announced it has hired Michael Callahan as its Chief Legal Officer. Callahan is joining Rivian from Stanford University, where he served as Executive Director of the Arthur and Toni Rembe Rock Center for Corporate Governance and Professor of the Practice of Law. Callahan will start at Rivian on February 13 and will report directly to Rivian founder and CEO RJ Scaringe.
This press release features multimedia. View the full release here:... More

