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General Motors (GM) believes it has the manufacturing capacity within its existing network as the transition to EVs heats up. The automaker does not plan to close or open new plants as it looks to maximize efficiency within its current footprint.

GM’s top manufacturing executive, Gerald Johnson, told Automotive News in a recent interview the company looks to use its existing manufacturing network as it converts its lineup to electric.

After selling over 20,000 EVs for the first time in Q1, GM anticipates a breakout year with several new high-volume electric models launching.

Although the American automaker is discontinuing its bestselling Chevy Bolt EV and EUV models at the end of the year, GM is preparing for an all-electric future based on its Ultium platform.

Chevrolet is launching several new Ultium-based EVs later this year, including the Silverado EV (deliveries starting this quarter), Blazer EV (launching this summer), and the Equinox EV (launching this fall).

Unlike rival Ford, who is building an all-new $5.6 billion EV mega-campus in Tennessee, GM plans to convert its plants as it shifts to EVs.

GM-plants-EV-shift
2024 Chevy Silverado EV RST (Source: Chevrolet)

GM will convert plants amid EV shift, no closures planned

GM revealed in 2020 that it would convert its Detroit-Hamtramck Assembly Center into its first dedicated EV assembly plant, Factory Zero.

During the announcement, Phil Kienle, GM vice president of North America Manufacturing, said, “Factory Zero will serve as GM’s flagship assembly plant in our journey to an all-electric future.”

GM-plants-EV-shift
From left to right: 2025 GMC Sierra EV Elevation, 2025 GMC Sierra EV AT4, 2024 GMC Sierra EV Denali Edition 1 (Source: GMC)

Some of the first EVs built at the factory include the GMC Hummer EV and SUV, which will soon be joined by electric Chevy Silverado and GMC Sierra pickups.

After ending production of the Chevy Bolt EV later this year, the Orion Assembly plant will support future EVs built on the Ultium platform.

GM-plants-EV-shift
2024 Cadillac Lyriq models (Source: GM)

At its Spring Hill, Tennessee, facility, GM is building the electric Cadillac Lyriq as it phases out gas-powered models. GM also invested nearly $500 million into its Marion Metal Assembly plant to prepare the facility for an all-electric future.

Johnson said this week in an interview at Flint Assembly:

I’m sure we will do more all-EV plants, but we assess every plant based on its infrastructure and what it can handle and what we can convert, [refurbish] or maybe even just expand slightly so that we can accommodate what we need for EV production and for ICE production.

GM’s manufacturing leader added he does not see the automaker closing any facilities. Instead, they are working on using them as efficiently as possible. He said, “Right now, we believe we have the right bandwidth to support the balance,” although he clarified forecasting is not a perfect science and adjustments may need to be made.

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E-quipment highlight: Oshkosh Striker Volterra Aircraft Rescue and Fire Fighter

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E-quipment highlight: Oshkosh Striker Volterra Aircraft Rescue and Fire Fighter

The Oshkosh-built Striker Volterra electric ARFF vehicle (Aircraft Rescue and Fire Fighter) packs advanced battery technology and multiple power options to deliver consistent emergency response performance no matter how long it needs to be in action.

Oshkosh has been manufacturing ARFF vehicles since it first launched the MB-5 for use by the US Navy back in 1968, and they’ve been pushing the envelope of disaster response performance ever since. The company’s latest ARFF, the electric-drive Striker Volterra shown here, features a slanted body with front bumper designed for maneuvering through the ditches and rough terrain they might encounter on a damaged runway. It’s also big — but it’s big for a purpose. Because ARFF vehicles don’t have to navigate the confines of city streets, they can be built bigger, carry more water, more rescue equipment, and more personnel than conventional fire trucks.

But that’s not why you’re reading about this on Electrek. You’re here to read about the Striker Volterra’s advanced battery tech, electric drive motors, and duty cycle-extending genset that effectively makes it a big EREV. More sympathetic I could not be, but — alas! — OshKosh hasn’t officially revealed those specs.

That said, it’s probably safe to assume they’re pretty similar to those used on the big Pierce fire fighting chassis developed for the Gilbert, Arizona fire department, which uses (you guessed it) an OshKosh-developed battery pack, electric drive system, and onboard diesel generator that can provide power to the electric system. That vehicle packs a 244 kWh battery pack good for up to six hours of operation on battery power alone.

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The OshKosk electric Striker Volterra ARFF shown here is a Class 5 6×6 “rapid response” model capable of hauling up to 4,000 gallons of water (over 16 and a half tons, if you’re curious) and “firefighting foam” across an airport at speeds of up to 50 mph, which is positively moving for a machine this size. Plus, it supports zero-emission pumping, surpassing the NFPA required 2-hour continuous pump operation without using diesel.



Again, OshKosh hasn’t shared power and performance specs, but has confirmed that its electric drive Striker Volterra is 28% quicker to 50 mph than its Scania diesel-powered siblings, and that truck packs 550 hp and more than 1,750 ft‑lb torque. So — yeah. It’s got some juice.

Other key benefits, according to OshKosh, include a 75% reduction in total carbon footprint when compared to a conventional internal combustion engine ARFF vehicle based on the manufacturer’s estimated duty cycle, the eliminated need for long diesel idling times, and the ability to run on full-electric when entering, leaving and idling in the fire station, significantly reducing firefighter’s exposure to harmful emissions.

You can find out more by reading the official OshKosh ARFF vehicle reference guide here.

Electrek’s Take


Why Choose The Striker Volterra Electric ARFF Vehicle?
Striker Volterra ARFF; via OshKosh.

With the relatively short distances driven and extreme loads involved, airports present a nearly ideal use case for battery-electric vehicles in general, and their immediate off-the-line torque, improved efficiency, and ability to operate much more quietly than diesels (facilitating communications) could make all the difference in an emergency situation where lives are quite literally on the line.

Plus, as demand for on-road fossil fuels drops, airports and airlines (historically responsible for about 4% Earth’s global warming) are becoming a bigger and bigger slice of a rapidly shrinking pie when it comes to fossil fuel emissions.

Or, as OshKosk puts it: As airports continue to prioritize sustainability and operational efficiency, the Striker Volterra electric ARFF stands out as a forward-thinking solution that meets today’s demands while preparing for tomorrow’s challenges.

It’s a bit pitchy, but I couldn’t agree more.


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Lexus RZ just got a +$10,000 bonus offer, making it its cheapest vehicle to lease

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Lexus RZ just got a +,000 bonus offer, making it its cheapest vehicle to lease

Thanks to a new $10,000 bonus offer introduced this month, the cheapest Lexus you can currently lease is now the 2025 electric RZ. Is it worth checking out?

The cheapest Lexus you can lease is the 2025 RZ

Lexus slashed over $10,000 off the price of the 2025 RZ compared to the 2024MY by introducing a new entry-level 300e FWD trim.

Following the launch of a new promotion this June, Lexus is offering up to $11,500 off 2025 RZ models. The RZ is now the cheapest Lexus vehicle you can lease, starting at $399 for 36 months. With $1,999 due at signing, you’ll end up with an effective monthly cost of $455. Not too bad for a nearly $45,000 luxury electric SUV.

The offer is for the 2025 Lexus RZ 300e FWD with an MSRP of $44,314. In comparison, the 2025 Lexus UX 300h FWD Hybrid, with an MSRP of $39,615, is listed at $349 for 36 months.

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With $3,999 due at signing, the monthly effective cost is $460, or $5 more than the RZ. If you’re looking for a higher trim, the RZ 450e is available with up to $11,500 in lease cash.

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2025 Lexus RZ 450e Luxury (Source: Lexus)

The entry-level 2025 Lexus RZ 300e FWD model offers a range of up to 266 miles, while the AWD 450e variants achieve a range of up to 220 miles.

Inside, the electric SUV features a standard 14″ infotainment system with wireless Apple CarPlay and Android Auto support. With 37.52″ of rear legroom, the electric SUV has nearly as much second row space as a Ford Explorer (39″).

Lexus-cheapest-lease-RZ
2025 Lexus RZ interior (Source: Lexus)

Although it’s a good deal compared to other Lexus vehicles, other luxury electric SUVs from Acura, Cadillac, and Genesis may still offer better value.

Acura is currently offering nearly $30,000 in lease cash on 2024 ZDX models in select states, with leases starting as low as $299 per month for 24 months. With $2,999 due at signing, the effective monthly rate is only $423. The ZDX offers up to 313 miles of range and more rear legroom (39.4″).

Cadillac’s new entry-level electric SUV, the 2025 Optiq, with an MSRP of $54,390, is listed for lease at just $409 for 24 months. However, it does include a $4,909 due at signing, resulting in an effective monthly rate of $614. The Optiq has up to 302 miles of range and 37.8″ of rear legroom.

2025 Lexus RZ model Starting Price* EPA-estimated Driving Range
RZ 450e AWD $48,675 220 miles
RZ 450e Premium AWD w/ 18″ Wheel $52,875 220 miles
RZ 450e Premium AWD w/ 20″ Wheel $54,115 196 miles
RZ 450e Luxury AWD $58,605 220 miles
RZ 300e FWD $43,975 266 miles
RZ 300e Premium FWD w/ 18″ Wheel $48,175 266 miles
RZ 300e Premium FWD w/ 20″ Wheel $49,415 224 miles
RZ 300e Luxury FWD $53,905 266 miles
2025 Lexus RZ electric SUV prices and range (*Includes Delivery, Processing, and Handling fee of $1,175)

Meanwhile, you can snag a 2025 Genesis GV60 (MSRP of $52,350) for $349 for 24 months right now. With $5,999 due at signing, the effective rate is $598.

The new Lexus promotion follows Toyota, which introduced up to $19,000 in savings on its electric SUV, the bZ4X, earlier this month. Both are making room for updated models that will arrive soon.

Looking for your next luxury electric SUV? We can help you find deals in your area. Check out our links below to see what’s available.

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Crypto CEO accused of laundering $500 million linked to sanctioned Russian banks

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Crypto CEO accused of laundering 0 million linked to sanctioned Russian banks

Signage is seen at the United States Department of Justice headquarters in Washington, D.C., August 29, 2020.

Andrew Kelly | Reuters

Federal prosecutors in Brooklyn have charged the founder of a U.S.-based cryptocurrency payments firm with operating what they allege was a sophisticated international money laundering scheme that moved over half a billion dollars on behalf of sanctioned Russian banks and other entities.

Iurii Gugnin, a 38-year-old Russian national living in Manhattan, was arrested and arraigned Monday and ordered held without bail pending trial.

Gugnin faces a 22-count indictment accusing him of wire and bank fraud, violating U.S. sanctions and export controls, money laundering, and failing to implement legally required anti-money laundering protocols.

“The defendant is charged with turning a cryptocurrency company into a covert pipeline for dirty money, moving over half a billion dollars through the U.S. financial system to aid sanctioned Russian banks and help Russian end-users acquire sensitive U.S. technology,” Assistant Attorney General Eisenberg said in a statement.

Prosecutors said Gugnin used his companies — Evita Investments and Evita Pay — to process about $530 million in payments while concealing the origins and purposes of the funds. Between June 2023 and January 2025, he allegedly funneled the money through U.S. banks and cryptocurrency exchanges, primarily using tether, a widely used, dollar-pegged stablecoin.

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Clients included individuals and businesses linked to sanctioned Russian institutions such as Sberbank, VTB Bank, Sovcombank, Tinkoff, and the state-owned nuclear energy firm Rosatom.

To carry out the scheme, Gugnin allegedly misrepresented the scope of his business, falsified compliance documentation, and lied to banks and digital asset platforms about his ties to Russia. Prosecutors say he masked the source of funds through shell accounts and doctored more than 80 invoices, digitally erasing the identities of Russian counterparties.

Investigators also cite internet searches indicating he knew he was under scrutiny, including queries like “how to know if there is an investigation against you” and “money laundering penalties US.”

The Justice Department said Gugnin maintained direct ties to members of Russia’s intelligence service and officials in Iran — countries that do not extradite to the U.S.

He is also accused of helping the export of sensitive U.S. technology to Russian clients, including an anti-terrorism-controlled server.

Gugnin was profiled last fall in a Wall Street Journal article about high-net-worth renters in Manhattan, where he reportedly paid $19,000 per month for an apartment.

If convicted on bank fraud charges, he faces a statutory maximum sentence of 30 years in prison, but if convicted on all counts, Gugnin could be given a consecutive maximum sentence significantly longer than his lifetime. 

Deputy Treasury Secretary on crypto crime: Need additional tools from Congress to catch bad actors

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