Search results for Michigan
Mobility
Ford begins first U.S. production of LFP battery cells, to fit in $30,000 electric pickup in 2027
Ford has begun producing lithium iron phosphate (LFP) battery cells in the United States as it steps up efforts to target the mass-market electric vehicle segment. The company produced its first LFP cells at its BlueOval Battery Park in Michigan, with plans to use them in a mid-size electric pickup priced in the $30,000 range due in 2027. Ford licensed technology and manufacturing processes from China’s CATL and also plans to use the batteries in energy storage systems.
AI & Enterprise
Studying with ChatGPT cuts learning effect; Google search leads in experiment
A study found people who sought information via a generative AI chatbot could see lower learning outcomes than those using a traditional search engine. Researchers at institutions including Georgia Tech and the University of Michigan compared ChatGPT with Google Search in an eight-day experiment on nutrition and diet planning. The ChatGPT group tended to perform worse, especially in applying knowledge and comparing and evaluating information, and also reported greater dissatisfaction during learning.
Crypto
Coinbase, Better to roll out bitcoin and USDC-backed mortgages across the United States
Coinbase and Better Home & Finance have introduced a mortgage product that combines a conventional home loan with a separate crypto-backed loan to fund a down payment. The companies said a couple in Ann Arbor, Michigan, has completed the first loan and they plan to launch the product across the United States in summer 2026. Initial eligible collateral is limited to bitcoin and USDC, with plans to expand supported digital assets.
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Industry
Tesla FSD safety claims questioned; some internal AI staff say they do not trust it
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Industry
LG Energy Solution signs $1.6 billion ESS supply deal with DTE Energy
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Mobility
U.S. Congress mulls annual $130 fee for EV drivers, saying they should pay road tax
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Mobility
GM tops 1 billion miles on Super Cruise, targets hands-off, eyes-off driving by 2028
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Industry
Bezos-backed Slate Auto bets on ultra-low-cost electric pickup priced under $20,000
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Industry
Samsung Electronics outlines people-centred Galaxy design, aims for optimal fit
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Industry
Combat drones shift from lithium-ion batteries to hydrogen fuel cells
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Crypto
Bitcoin market on edge ahead of four key U.S. economic events this week
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Industry
LG Energy Solution converts Tennessee plant to ESS production
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Industry
Tesla signs $4.3 billion battery purchase deal with LG Energy Solution for ESS
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Finance
KB Kookmin Bank recommends Yeon Tae-hoon as new outside director
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Industry
K-battery big three look to ESS to offset EV losses
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Industry
LG Energy Solution to buy 49 percent stake in Canada JV Nextstar Energy
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Industry
LG Energy Solution signs 5 GWh ESS battery supply deal with Hanwha Qcells
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Industry
LG Energy Solution steps up push into robot battery market