Mullen approaching Nasdaq delisting deadline

A California-based EV manufacturer with a presence in northern Indiana is facing potential delisting from the Nasdaq. Mullen Automotive said this week it is continuing efforts to bring its stock price above the $1.00 bid requirement before a March 6 deadline.... Read More

Report: Ultium Cells EV battery plant on hold

Plans for a $2.4 billion electric vehicle battery manufacturing plant that could potentially be located in Indiana are reportedly on hold indefinitely. The Wall Street Journal reports GM and Korea-based LG Energy Solution failed to come to an agreement.... Read More

Lawmakers, energy advocates unite behind bill

Republican lawmakers — along with Democrats and clean energy advocates — want Indiana to figure out solar and wind energy equipment decommissioning and disposal before the hazardous waste involved becomes a large-scale problem.... Read More

GM: Indiana operations key to EV goals

General Motors Co. (NYSE: GM) this year announced major investments in Indiana as the automaker continues toward its goal of selling only electric passenger vehicles by 2035. In September, GM said it would invest nearly $500 million to expand and upgrade operations at its Marion Metal Center and two months later, detailed plans to invest $45 million to expand production at its Bedford Casting Operations. ... Read More

Purdue researchers design high-efficiency powertrain

A pair of engineers at Purdue University are working to improve the efficiency of turbines used to generate wind and marine hydrokinetic energy. A low-speed, high-torque powertrain system has been designed to reduce operational and maintenance costs, as well as environmental contamination of turbines.... Read More

Duke Energy launches electric transportation pilots

Plainfield-based Duke Energy Indiana is testing the waters when it comes to electric transportation with four pilot programs in the Hoosier State. The utility says the two-year pilots, approved in June by the Indiana Utility Regulatory Commission, are focused on residential and commercial customers, including businesses, schools and local governments. ... Read More

Solar moratorium extended in Madison County

The Madison County Commissioners this week voted to extend a moratorium that prevents the development of large solar energy projects for an additional year. Our partners at The Herald Bulletin report the moratorium was set to expire on Saturday.... Read More

AES Indiana CEO bullish on renewable transition

The CEO of AES Indiana says the utility's Integrated Resource Plan is the next step in a decade-long transition to more renewable energy. Kristina Lund says the plan is a "leap forward" because of its projected 68% reduction in CO2 emissions by 2030.... Read More

EV battery supplier expanding to Kokomo

Michigan-based Soulbrain MI on Tuesday announced plans to invest $75 million to build a manufacturing facility in Kokomo. The company says the facility will be used to produce high purity electrolyte for the production of electric vehicle batteries.... Read More

I&M details $50M upgrade project

Fort Wayne-based Indiana Michigan Power is investing $50 million to upgrade substation equipment and rebuild nearly 30 miles of transmission line in Indiana and Ohio. The project will include replacing deteriorating wooden poles that date back to the 1960s.... Read More

GM to invest $45M in Bedford plant

General Motors will invest $45 million to expand production at its Bedford facility. The funding will support additional production of EV drive unit castings ahead of expected strong demand for Chevrolet Silverado EV and GMC Sierra EV full-size pickup trucks.... Read More

Mullen secures funding for ELMS acquisition

California-based electric vehicle manufacturer Mullen Automotive has secured $150 million in funding it says will be used in part to close on its acquisition of Electric Last Mile Solutions in Michigan, including an EV manufacturing plant in Mishawaka.... Read More