Month: January 2023

1:25 PM ET Associated Press CHARLOTTE, N.C. — Kyle Larson will attempt to race the Indianapolis 500 next year with McLaren Racing in a joint effort with NASCAR team owner Rick Hendrick. The surprise announcement Thursday by McLaren and Hendrick at last gives Larson a path into his dream race. It also means he will
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BERLIN — German automotive supplier Bosch is investing about $1 billion in a new R&D and assembly center in Suzhou, China, the company said on Thursday, with the first phase of the project ready by mid-2024. The center  will develop and assemble components for electromobility and automated driving to sell primarily to Chinese customers, it
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The U.S. Department of Energy awarded $42 million in funding for 12 R&D projects aiming to develop advanced electric vehicle batteries. The funding will strengthen the domestic supply chain for EV batteries, the DOE said in a statement Wednesday. The projects selected are part of the DOE’s Advanced Research Projects Agency-Energy Electric Vehicles for American
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Solid-State battery developer Solid Power continues to rally financial support to help scale its nickel- and cobalt-free cells for EVs. This week, the United States Department of Energy announced it is awarding over $5 million to help Solid Power continue developing its technology which could significantly help lower the price of EV batteries. Solid Power ($SLDP) is
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9:57 AM ET CHARLOTTE, N.C. — — Jimmie Johnson on Wednesday revealed his rebranded NASCAR team and said he will drive the No. 84 — the reverse of his longtime No. 48 — when the seven-time champion competes for Legacy Motor Club. Legacy Motor Club replaces Petty GMS, the name the two-car Cup team had
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