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GM and LG Energy Solution Investing $2.3 Billion in 2nd Ultium Cells Manufacturing Plant in U.S. | State

NASHVILLE, Tenn., April 16, 2021 /PRNewswire/ —

  • 2.8 million square-foot facility in Spring Hill, Tennessee, will create 1,300 new manufacturing jobs
  • New plant will significantly increase GM’s ability to lead in the production of batteries at scale
  • Leading Ultium battery technology is at the heart of GM’s EV strategy

Ultium Cells LLC, a joint venture of LG Energy Solution and General Motors, today announced a more than $2.3 billion investment to build its second battery cell manufacturing plant in the United States. The facility will be located in Spring Hill, Tennessee.

Ultium Cells will build the

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Factbox: Biden jobs plan includes $50 billion for chips research, manufacturing

WASHINGTON (Reuters) – President Joe Biden’s $2 trillion infrastructure investment package includes $300 billion to boost the struggling U.S. manufacturing sector, including $50 billion for semiconductor production and research, the White House said on Monday.

Biden will highlight his push to rebuild manufacturing in remarks to a meeting of senior White House officials and top executives from nearly 20 major companies that will focus on a global semiconductor shortage that has roiled the automotive industry and technology firms.

“While manufacturing jobs have been a ladder to middle-class life, we have let our industrial heartland be hollowed out, with quality jobs

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The Worldwide Weigh-In-Motion System Industry is Projected to Reach $1.7 Billion by 2027 at a CAGR of 10.5% from 2020

DUBLIN, April 9, 2021 /PRNewswire/ — The “Global Weigh-In-Motion System Market by Type (In-Road, Bridge Weigh, Onboard), Vehicle Speed (Low, High), Component (Hardware, Software & Services), End-use Industry (Highway Toll, Oil & Refinery, Logistics), Sensors, Function, and Region – Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering.

The global weigh-in-motion system market is projected to reach USD 1,730 million by 2027 from USD 858 million in 2020, at a CAGR of 10.5% during the forecast period.

To make transportation safe, more efficient, and sustainable, the governments of various countries such as the US, China, Japan,

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Head-up Display Market Size to Reach USD 9.72 Billion in 2028

Vancouver, British Columbia, April 05, 2021 (GLOBE NEWSWIRE) — The global head-up display market size is expected to reach USD 9.72 Billion at a steady CAGR of 28.4% in 2028, according to latest analysis by Emergen Research. Rapid penetration of head-up displays in aerospace & defense industry is another factor expected to drive growth of the market. Reducing price of the technology and robust proliferation of smartphones is also expected to positively impact growth of the market going ahead. Integration of Global Positioning System (GPS) and Augmented Reality (AR) with head-up display systems in automotive applications will further fuel growth

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Xiaomi plans to plow $10 billion into making EVs

Xiaomi Corp. plans to invest about $10 billion over the next decade to manufacture electric cars, embarking on its biggest-ever overhaul to enter China’s booming EV market.

Billionaire co-founder and CEO Lei Jun will lead a new standalone division that will invest an initial 10 billion yuan ($1.5 billion) on smart vehicle manufacturing, the company said in an exchange filing.

The Chinese smartphone maker joins tech giants from Apple Inc. to Huawei Technologies Co. in targeting the vehicle industry, betting future cars will grow increasingly autonomous and connected.

Depending on progress, Xiaomi could end up investing a total 100 billion

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Virginia finalizes $3.7 billion passenger train infrastructure plan

Virginia has advanced its $3.7 billion program to create a connection between the Northeast and Southeast rail corridors and to expand and improve passenger, commuter and freight rail service in the state.

Gov. Ralph Northam Tuesday announced the signing of agreements with intercity passenger carrier Amtrak, freight railroad CSX, and commuter train operator Virginia Railway Express, advancing a plan first announced in 2019.

“We have an unprecedented opportunity to build a 21st century rail system in Virginia and along the entire East Coast,” Gov. Ralph Northam said at the Amtrak-Virginia Railway Express station in Alexandria. “This historic initiative will help

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