A Michigan agency will convert the Chippewa ferry to electric power. The 61-year-old diesel engines will be replaced with electric motors.
Business Watch
Covering the intersection of business and policy, and informing Michigan employers and workers on the long road back from coronavirus. Our Michigan Economic Dashboard shows key metrics that show how the state is performing.
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Most Michigan-based stocks roaring back in 2023 after a brutal year
The state’s public companies are faring well so far amid the up-and-down stock market, Bridge Michigan analysis shows. Among the big winners: Wolverine World Wide, Ally Financial and Penske Automotive.
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DTE Energy cut operations to meet profits months before power outages
Amid backlash over its handling of ice storm outages, Michigan’s largest utility’s public filings show it is trying to keep its returns stable. What that means for customers is higher rates even as they use less power.
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GM offers buyouts to ‘majority’ of 35,000 salaried workers in Michigan
The Detroit-based automaker is trying to cut $2 billion from its fixed costs with the voluntary plan.
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Michigan voters are skeptical of EVs and the value of college in new poll
A disconnect between business and policy goals and how Michigan voters view them emerged in the latest query by the Detroit Regional Chamber and polling partner The Glengariff Group Inc. of Lansing.
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New Michigan scholarship seeks to fill jobs at state’s EV companies
Michigan needs more electrical engineers and software developers for the companies it’s attracting to make electric vehicles. With this new plan, Michigan is turning to colleges for them.
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5 (mostly) good things to know about Michigan’s progress on EVs
Automakers are racing to increase EV production, and Michigan is trying to get a big piece of it. Here is where the state — and the industry — stand today.
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Ford battery plant in Michigan rose from the state’s failure in 2021
Ford sent Michigan a wake-up call back in 2021 by investing $11.4 billion in other states. On Monday, when the automaker announced a new EV battery factory near Marshall, the state flipped that earlier loss into a win — and it now has others to show for it, too.
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Ford EV battery plant on Marshall Michigan megasite gets $1B in incentives
Ford Motor Co. fleshed out details on Monday of a battery plant it will build with a Chinese partner on farmland near Marshall. The plant, to employ 2,500, is scheduled to open in 2026.
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Marshall megasite wins Ford EV battery plant project with Chinese partner
The multi-billion-dollar project with Chinese battery giant CATL is touted to produce 2,500 jobs and add to Michigan’s growing share of EV-related development. Virginia had previously rejected the project because of its ties to China.