WASHINGTON — The U.S. Energy Department said Wednesday it had closed a $102.1 million loan to Syrah Technologies LLC SYR.AX for the expansion of a Louisiana facility that produces graphite-based active anode material — a key component for lithium-ion batteries for electric vehicles.
This is first loan from the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program finalized since 2011, and the first ATVM loan exclusively for an automotive supply chain manufacturing project.
FedEx Corp. and United Parcel Service Inc. are running into a shortage of delivery vans during…
PHOENIX — Looks aren’t everything, but in the shrinking yet still competitive midsize sedan market, they…
TOKYO — Mitsubishi Motors’ former Chairman, Osamu Masuko, died from “cardiac insufficiency” on Aug. 27, the…
McLaren Automotive, which is moving toward a 100 percent electrified lineup, now has a next-generation architecture…
In a recent interview with the London-based Sunday Times, vacuum-cleaner magnate Sir James Dyson admitted to…
It’s hard to pull off a Jeep Wrangler in pink, but designer Afzal Kahn managed to do…