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GM Halts Hydrogen Fuel Cell Plant

News: Industry Segments

Home » News » Industry Segments » Page 6

2025-06-13

GM Halts Hydrogen Fuel Cell Plant

Guy Youngs

In a move that signals a shift in strategy, General Motors (GM) has pressed pause on its highly anticipated hydrogen fuel cell manufacturing facility in Detroit, MI. First announced in September 2024, the $55 million factory was set to breathe new life into the old State Fairgrounds site and create roughly 300 skilled jobs in the process. Spanning nearly 292,500 square feet, the facility was expected to become a major player in GM’s push toward alternative fuels.

In May 2025, those plans were officially put on hold.

Read More»
Categories: Alternative Power, Fuel Cells, Hydrogen, North America, Passenger Cars, Minivans, and SUVs, Production
Office: United States Offices

BMW Testing EVs with All-Solid-State Batteries

Guy Youngs

The first BMW EVs powered by all-solid-state batteries are now on the road for testing. BMW used an i7 to test the “holy grail” of EV battery tech, promising longer driving range at a lower cost.

BMW and Solid Power have been working together since 2022 to advance the new EV battery tech. In December 2022, BMW revealed plans to license Solid Power’s tech for a new solid cell prototype line at its Cell Manufacturing Competence Center (CMCC) in Parsdorf, Germany.

Read More»
Categories: Alternative Power, Batteries, Passenger Cars, Minivans, and SUVs, Production
Office: United States Offices

Changan Solid-State Battery Increases Range

Guy Youngs

According to CnEVPost, Chinese automaker Changan claims it has developed a solid-state battery that will allow electric cars to travel up to 1500 kilometers without needing to be recharged. That’s a massive 932 miles.

Changan says its batteries will be in production by the end of this year, with verification and calibration procedures taking place next year. By 2027, it expects production cars using its solid-state batteries to be on the road in China.

Read More»
Categories: Alternative Power, Batteries, eMobility, Passenger Cars, Minivans, and SUVs, Production
Office: United States Offices

2025-05-25

Evaluating Mahindra’s Acquisition of SML Isuzu

Aditya Kondejkar
Aditya Kondejkar

Mahindra & Mahindra’s acquisition of a 58.96% stake in SML Isuzu for ₹555 crore marks a calculated push to expand its presence in the intermediate and light commercial vehicle (ICV and LCV) segments. With minimal exposure in the bus segment and a modest 3% market share in >3.5T CVs, this move is structured to unlock operational synergies, enhance platform capabilities, and fill existing product portfolio gaps.

Source: Mahindra.com    Read The Article

Mahindra & Mahindra’s (M&M agreement to acquire a controlling stake in SML Isuzu comes at a pivotal point in the Indian commercial vehicle (CV) industry, where demand is gradually recovering post-COVID and the LCV and ICV segments are projected to lead growth. The $64,824,000 USD (₹555 crore) investment—targeted via the purchase from Sumitomo Corporation and Isuzu Motors Ltd—positions M&M to double its CV market share from 3% to 6% immediately, with stated ambitions of reaching 10–12% by FY31 and 20% by FY36.

Read More»
Categories: Commercial Vehicles, Indian Subcontinent, Mergers & Acquisitions
Office: India Office

China Truck Group, Toyota Motor Sign Development Pact

Jack Hao
Jack Hao

Last month, China National Heavy Duty Truck Group and Toyota Motor Corporation signed a strategic cooperation agreement to develop hydrogen powered commercial vehicles.

China is a market with great potential for the promotion and popularization of hydrogen energy, and long-haul heavy-duty logistics vehicles are an important application scenario that highly matches hydrogen energy.

Toyota Motor Corporation possesses world-leading hydrogen fuel cell technology, and China National Heavy Duty Truck Group is a leading enterprise in China’s commercial vehicle industry. The hydrogen fuel cell tractor jointly developed by the two parties has already been delivered to the market in batches.

Read More»
Categories: Alternative Power, Commercial Vehicles, Greater China, Hydrogen, Partnerships, Production
Office: China Office

KTM Grapples with Restructuring Efforts

Emiliano Marzoli
Emiliano Marzoli
Emiliano Marzoli

The KTM Group, under the parent company Pierer Mobility AG, is currently navigating significant financial headwinds. Late November 2024 saw KTM AG enter a 90-day period of self-administration, a form of insolvency protection, burdened by approximately €3 billion in debt.

This move initiated a critical restructuring phase aimed at stabilizing the company’s financial position. A key milestone was reached in late February 2025 when creditors approved KTM’s restructuring plan, agreeing to a 30% debt repayment by May 23, 2025. This agreement hinged on KTM successfully raising €600 million by this crucial deadline, leading to an active search for potential investors.

Read More»
Categories: Europe, Financial, Recreational Products
Office: Europe Office

2025-05-24

Layoffs Begin in the North American Truck Segment

Chris Fisher
Chris Fisher
Chris Fisher

Both Volvo and International Truck have initiated layoffs this year due to sluggish orders and high production capacity in preparation for a potential 2026 truck pre-buy ahead of the phase 3 GHG Emission Regulations scheduled for implementation in 2027.

Volvo Trucks North America plans to lay off up to another 350 workers from a Virginia plant as part of job cuts affecting up to 980 employees across the country since the beginning of the year.

Employees at the New River Valley plant in Dublin, Virginia, were notified of the workforce reduction this month, and their last day at the facility will be June 27, Volvo spokesperson Janie Coley said.

Read More»
Categories: Commercial Vehicles, Economics, Legislation, North America, Tariff
Office: United States Offices

CATL Next Generation Batteries Coming Soon

Guy Youngs

A few weeks ago, BYD announced new battery technology that allows electric cars to recharge in about 5 minutes. This month, at the annual Shanghai Auto Show, CATL fired back with fast charging news of its own. It claims its second generation Shenxing battery can add 520 kilometers (323 miles) of range in just five minutes of charging time. The BYD announcement claims its batteries can add 400 kilometers (250 miles) in 5 minutes using a Level 3 fast charger

Read More»
Categories: Alternative Power, Batteries, Electrification, Passenger Cars, Minivans, and SUVs, Production
Office: United States Offices

IMO Votes First-Ever Global Carbon Price on Shipping

Guy Youngs

The International Maritime Organization (IMO), a UN agency which regulates maritime transport, has voted to implement a global cap on carbon emissions from ocean shipping and a penalty on entities that exceed that limit.

The agreement makes the shipping industry the first sector to agree on an internationally mandated target to reduce emissions along with a global carbon price. The agreement includes standards for greenhouse gas intensity from maritime shipping fuels, with those standards starting in 2028 and reducing through 2035. The end goal is to reach net-zero emissions in shipping by 2050

Read More»
Categories: Alternative Power, Emissions, Global, Legislation, Marine
Office: United States Offices

2025-05-21

Volvo Announces World’s First Electric Articulated Hauler

Guy Youngs

The star of the recent Bauma-Germany 2025 show is arguably the game-changing A30 Electric articulated hauler. It’s the first vehicle of its kind in what is both a key industrial segment for Volvo and a world’s first for a series production BEV in its class – 60-years since Volvo revolutionized the construction industry with the launch of Gravel Charlie, the world’s first articulated hauler.

The Volvo A30 Electric offers a 64,000 lb. (32 ton)/23.3 cubic yard payload capacity and “full day” operation thanks to its 245 kWh li-ion battery.

Read More»
Categories: Alternative Power, Industrial, Production
Office: United States Offices

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