Desktop Metal receives $7.9 million system order from major German car maker for mass production of automotive components
Desktop Metal received a $7.9 million order for the mass production of metal automotive powertrain components at scale.
Desktop Metal received a $7.9 million order for the mass production of metal automotive powertrain components at scale.
Upgrade increases capacity for 4-cylinder engines, adds 100 new jobs.
$75 million investment supports higher pickup production with work beginning immediately.
Higher power and smaller components will allow Lordstown Motors to power its Endurance pickup with hub motors in each wheel, greatly simplifying vehicle build.
Company plans to invest heavily in fuel cells for transportation, other markets.
California Air Resources Board to draft new rules to establish mandates as the state agency fights to retain its rulemaking authority.
Converting idle transmission plants will create U.S. source for turbocharged 4-cylinder engines.
4-speed system for electric commercial vehicles could be in regular use by 2022.
2020 Mustang Shelby GT500 will feature 760hp, 625 lb-ft of torque.
Automaker plans to use a Rivian chassis for a future Ford vehicle.
$22 million expansion adds V-8 production to SUV facility.
Systems can support electric vehicles (EVs), hybrids, plug-in hybrids, and other electrified vehicle types.