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About / News / Batteries

GM drops Ultium name, says it will build a new battery center and EVs will be profitable

Posted By: Detroit Free Press on October 8, 2024.  For more information, please click here to read the source article. General Motors said Tuesday that it is dropping the name “Ultium” for its electric vehicle batteries and the technology that propels its EVs despite spending years and millions of dollars to promote the brand. The company said the […]

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MEDC OKs $5M grant for $41M Samsung expansion, 368 new jobs in Auburn Hills

Posted By: The Detroit News on September 26, 2023.  For more information, please click here to read the source article. The Michigan Strategic Fund board on Tuesday approved a $5 million grant for Samsung SDI America Inc.’s plans to expand two facilities in Auburn Hills, creating up to 368 jobs. According to an MEDC briefing memo, the $41 […]

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MEDC OKs $5M grant for $41M Samsung expansion, 368 new jobs in Auburn Hills

Posted By: The Detroit News on September 26, 2023.  For more information, please click here to read the source article. The Michigan Strategic Fund board on Tuesday approved a $5 million grant for Samsung SDI America Inc.’s plans to expand two facilities in Auburn Hills, creating up to 368 jobs. According to an MEDC briefing memo, the $41 […]

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New auto supplier factory to be built in Warren, create high-paying jobs

A new factory to supply battery materials to electric vehicles will be built in Warren, creating jobs that will pay an average of $40 an hour. Graphex Technologies and Emerald Energy Solutions said Tuesday they will build a 150,000 square-foot graphite processing facility at Emerald Business Park on Hoover Road near 8 Mile Road and Groesbeck Highway. The facility, which will cost $50 […]

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