General Motors (GM) and Ford (F) executives comment on rebound of US consumer demand

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FedEx and General Motors Support RMI Research to Accelerate Transportation Electrification

June 14, 2023 10:16 AM EDT

BOULDER, CO / ACCESSWIRE / June 14, 2023 / RMI announces FedEx and General Motors (GM) will each provide catalytic grant funding to drive innovative and equitable transportation infrastructure solutions at scale. Tackling the climate challenge requires speed and equitable implementation. The programs RMI, FedEx, and GM are collaborating on will focus on advancing research into electrification strategies and solution development from electric grid planning to EV charging infrastructure access. This primarily includes identifying EV charging solutions for residents of multi-family housing- streamlining the process to equitably deploy public and household EV charging-and building advanced grid planning tools to empower utilities... More

Gov. Holcomb announces largest EV investment in state history attracting a more than $3B battery plant

June 13, 2023 9:45 AM EDT

NEW CARLISLE, Ind., June 13, 2023 (GLOBE NEWSWIRE) -- Governor Eric J. Holcomb, board chairman for the Indiana Economic Development Corporation, today announced plans to bring a more than $3 billion EV battery cell plant to St. Joseph County, creating 1,700 manufacturing jobs. The new battery cell plant, a joint venture between Michigan-based General Motors and Korea-based Samsung SDI, is scheduled to begin operations in 2026. 

GM has long been one of Americas most iconic brands and deeply rooted in Indiana. For decades, Hoosier communities like Marion, Bedford and Fort Wayne have been part of the production of countless firsts for family vehicles.... More

IperionX to Produce Titanium Components for Ford Motor Company

June 13, 2023 8:00 AM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- IperionX Limited (NASDAQ:IPX, ASX: IPX) has agreed a Scope of Work (SoW) for the supply of titanium metal components for Ford Motor Company (Ford, NYSE: F) using IperionXs unique 100% recycled, low-carbon titanium metal. Ford and IperionX have been actively collaborating to design, test and additively manufacture a series of high-quality titanium components for future Ford Performance production vehicles.

This press release features multimedia. View the full release here:... More

IperionX to Produce Titanium Components for Ford Motor Company

June 13, 2023 2:30 AM EDT

CHARLOTTE, N.C.--(BUSINESS WIRE)-- IperionX Limited (NASDAQ:IPX, ASX: IPX) has agreed a Scope of Work (SoW) for the supply of titanium metal components for Ford Motor Company (Ford, NYSE: F) using IperionXs unique 100% recycled, low-carbon titanium metal. Ford and IperionX have been actively collaborating to design, test and additively manufacture a series of high-quality titanium components for future Ford Performance production vehicles.

Ford Performance is the high-performance and racing division of the Ford Motor Company, well known for a leading range of... More