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Legal Perspective on Automotive Industry News January 2023

Global sales of fully electric vehicles reached approximately 7.8 million units in 2022. Bosch plans to invest approximately $1 billion in a new R and D. Department of Energy awarded $42 million for 12 projects to further evelopment of advanced electric vehicle batteries.
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GM investing $918M in 4 US plants for Gen-6 V-8 production, EV components

General Motors plans to invest $918 million in four US manufacturing sites, including $854 million to prepare these facilities to produce the companyโ€™s sixth-generation Small Block V-8 engine and an additional $64 million in Rochester, New York and Defiance, Ohio for castings and components to support EV production. $579 million...
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