Jack Prince Joins Power Systems Research

News: Power Systems Research

2025-10-22

Jack Prince Joins Power Systems Research

Jack Prince

Jack Prince has joined Power Systems Research as a business development manager. He’ll be working out of the Ann Arbor, MI, office. Jack brings over 25 years of business development and commercialization experience to the global automotive and mobility industries. He uses research and data to help clients identify market opportunities and improve business efficiency while enhancing product performance.

Jack has advised emerging ventures on market discovery, product strategy, and investor engagement. His experience includes supporting global ventures in electromechanical systems, radar and sensor technologies, structural plastics, SaaS platforms, and vehicle access solutions.

Jack holds a Bachelor of Science in Business Administration and is currently completing an Executive MBA at Michigan State University. PSR

Hyundai Motor Plans To Invest $21 Billion in US

Last month, South Korea’s Hyundai Motor Group announced that it will invest $21 billion in the U.S. over the next four years. In addition to investing $6 billion to build a steel mill in Louisiana, the company will increase its U.S. auto production capacity by 70% to 1.2 million vehicles per year at a cost of $9 billion

The $21 billion investment in the U.S. will be the largest ever made by the Hyundai Motor Group. The investment will be made between 2025 and 2028 and will cover a wide range of fields, including automobiles, steel, parts and energy.

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