Browsing: Detroit

The startup was initially built around the idea of customizing electric vans like Ford’s E-Transit and General Motors’ BrightDrop for the “van life” set, using a modular, “Lego-like” system. Sensing a bigger opportunity, Grounded then started customizing those vans for small businesses. But then GM discontinued BrightDrop last year, Ford axed plans for a next-generation…

Detroit is known for its resilience. In 2023, the city reversed years of population decline, signaling renewed confidence in the Motor City and its future.1 Still, affordable housing remains a challenge. Detroit has the lowest median household income among the 25 largest U.S. metropolitan areas.2 Roughly 60% of the city’s renters spend more than 30%…