Manufacturing
-
Courtesy of Stellantis
Stellantis’ volumes nearly 100K less in Q1. Here’s where production was cut.
The automaker expects production of next-generation vehicles to ramp up “significantly” in the second half of 2024.
By Haley Cawthon • May 15, 2024 -
Courtesy of Stellantis
Stellantis, Leapmotor JV to launch 2 EV models in Europe this year
As part of the partnership, Stellantis has exclusive rights to manufacture, export and sell Leapmotor EVs outside of China.
By Eric Walz • May 15, 2024 -
Alex Wong via Getty Images
Biden hikes tariffs on China-made EVs, batteries
The action aims to protect the U.S. market from the rise in Chinese electric vehicle exports, which the U.S. says jumped 70% from 2022 to 2023.
By Kate Magill , Eric Walz • May 14, 2024 -
Courtesy of Toyota Motor North America
Toyota CEO: ‘Next-generation BEVs must change the factories themselves’
The automaker aims to reconfigure its factories to cut the number of processes in half.
By Haley Cawthon • May 14, 2024 -
Courtesy of Lucid Group, Inc.
EV maker Lucid Group shores up its losses with billion-dollar investments
Lucid has received $6.4 billion from Saudi Arabia’s Public Investment Fund since 2018, which has helped support its operations as it works to turn a profit.
By Eric Walz • May 13, 2024 -
Courtesy of Rivian Automotive
Rivian completes plant retooling, a ‘pivotal step’ on path to profitability
CFO Claire McDonough said the EV maker expects lower variable costs to be the biggest driver of gross profit improvement this year.
By Haley Cawthon • May 10, 2024 -
Courtesy of General Motors
Automakers get more flexibility as US finalizes EV tax credit rules
Electric vehicle makers have been racing to shift their supply chains to qualify for the credit. The latest changes give them more time.
By Eric Walz • May 8, 2024 -
Bill Pugliano via Getty Images
UAW Local 869 votes to authorize strike at Stellantis plant
The union has put the automaker on notice as workers claim it has failed to address health and safety grievances at the Michigan facility.
By Haley Cawthon • May 7, 2024 -
Courtesy of Fisker, Inc.
Fisker names chief restructuring officer
The ailing company’s board appointed John DiDonato, managing director of Huron Consulting Group, to the role last month as it attempts to stave off bankruptcy.
By Kalena Thomhave • May 3, 2024 -
Courtesy of Ford Motor Co.
Ford recalls nearly 243K Maverick pickups for tail light issue
The company has issued a total of 23 separate recalls across its model lineup since January.
By Eric Walz • May 3, 2024 -
Retrieved from Instituto Nacional Electoral on May 01, 2024
How Mexico’s presidential candidates expect to leverage nearshoring
Modernizing border crossings, improving legal certainty and improving roads and rail networks were among the ideas candidates raised during a presidential debate.
By Edwin Lopez • May 3, 2024 -
Courtesy of Clayco
Rivian reaffirms plans for $5B Georgia EV plant despite construction pause
The electric carmaker emphasized its intention to continue limited site development activity during the pause period, according to a company letter.
By Sebastian Obando • May 1, 2024 -
Bill Pugliano via Getty Images
UAW members at Stellantis plant to vote on strike authorization
The union claims the automaker has failed to resolve health and safety grievances at the Michigan plant.
By Haley Cawthon • May 1, 2024 -
Courtesy of Stellantis
Stellantis revenues slip 12% as it preps for next-gen product launches
The automaker is debuting 25 new or updated products in 2024, 18 of which will be battery electric vehicles.
By Haley Cawthon • April 30, 2024 -
Courtesy of Hyundai Motor Group
Hyundai shifts focus to hybrids as EV demand declines
Despite record-setting Q1 revenues, the automaker said its EV sales slipped nearly 5% year over year.
By Eric Walz • April 29, 2024 -
Courtesy of Volkswagen Group
Volkswagen looks to boost tech, cut costs in China
The country’s transition to electric vehicles and growing local competition is making it harder for overseas automakers to stay competitive.
By Eric Walz • April 29, 2024 -
Courtesy of Honda Motor Co.
Honda invests billions in Canada to set up EV production hub
The CAD $15 billion ($11 billion) investment into the automaker’s supply chain includes two factories and materials processing projects with joint venture partners.
By Eric Walz • April 25, 2024 -
Courtesy of PR Newswire
Toyota to assemble new EV at Indiana plant
The automaker will add up to 340 jobs at the facility with a $1.4B investment.
By Haley Cawthon • April 25, 2024 -
Courtesy of General Motors
GM aims to build up to 300K EVs in 2024
The automaker anticipates that new electric vehicle launches will help it achieve its ambitious sales targets in 2024.
By Eric Walz • April 24, 2024 -
Courtesy of Tesla Inc.
Tesla accelerates launch of new models
The EV maker said production for a new vehicle lineup will start months earlier than originally announced and include a more affordable model.
By Haley Cawthon • April 23, 2024 -
Courtesy of American Honda Motor Co., Inc
Honda details progress on Ohio EV hub
The automaker is retooling facilities in Marysville, Anna and East Liberty, Ohio.
By Eric Walz • April 18, 2024 -
gorodenkoff via Getty Images
Deep DiveWhy aren’t more women joining automotive manufacturing?
As gender diversity remains an industry challenge, experts say companies can help tackle the problem by expanding childcare options and prioritizing career development and mentorship.
By Megan Ruggles • April 17, 2024 -
Courtesy of Rimac Technologies
BMW, Rimac Technology to co-produce battery tech for EVs
The electric vehicle technology company expects the partnership — its largest and most ambitious yet — will help it become a high-volume Tier 1 automotive supplier.
By Eric Walz • April 16, 2024 -
Courtesy of BMW Group AG
BMW, Tata Technologies to collaborate on software-defined vehicles
The deal adds to a trend of automakers seeking out external tech expertise to help develop next-generation vehicles.
By Eric Walz • April 12, 2024 -
Courtesy of Kia Corporation
Kia wants electrified vehicles to make up 58% of sales by 2030
The automaker will lean more into hybrid vehicles as short-term EV demand stagnates.
By Eric Walz • April 11, 2024
