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Northvolt develops an advanced sodium-ion battery
The battery, which does not contain rare earth materials, was validated to have an energy density of over 160 watt-hours per kilogram.
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Ford eases dealer requirements to sell EVs after pushback
Dealers complained about the financial commitment of the automaker’s Model e EV program, which could be as high as $1.2 million.
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Courtesy of Ford.
Ford resumes Michigan EV battery plant construction — but scaled down
The slow adoption of EVs made the automaker reevaluate its investments, a Ford spokesperson said.
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Toyota to source recycled EV battery materials from Redwood Materials
The automaker will use recycled materials to produce batteries at its forthcoming North Carolina EV battery manufacturing plant.
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Nissan raising wages 10% for 9,000 US production workers
Honda, Hyundai, Subaru and Toyota have also promised to increase pay for nonunion workers since the United Auto Workers struck deals with the Big Three.
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GM tightens control over EV delivery startup BrightDrop
The move brings all of GM’s commercial digital solutions, including BrightDrop Core, into its commercial product and business services unit GM Envolve.
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Toyota’s financial arm to pay $60M for illegal lending, credit reporting misconduct
The Consumer Financial Protection Bureau said Toyota Motor Credit Corporation withheld refunds, refunded incorrect amounts and provided false data to consumer reporting companies.
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UAW ratifies labor agreements with Ford, Stellantis
The United Auto Workers union says 64% of voting members across General Motors, Ford and Stellantis approved the landmark labor agreements.
Updated Nov. 20, 2023 -
Cruise CEO resigns amid safety probes into company’s robotaxis
The company’s robotaxi fleet remains grounded in California after one of the vehicles struck a pedestrian in downtown San Francisco in early October.
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Top automotive industry conferences in 2024
Upcoming events will touch on electric vehicles, autonomous vehicles, software-defined vehicles, supply chain management and more.
Updated Oct. 12, 2023 -
LG Energy Solution to lay off 170 in Michigan
The company said slower-than-expected EV demand contributed to the cuts.
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Subaru to raise wages after similar moves by nonunionized automakers
The decision impacts Subaru’s sole U.S. assembly plant in Lafayette, Indiana, which employs over 5,600 workers and currently builds the Ascent, Crosstrek, Legacy and Outback models.
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Hyundai, AWS design training, certification program for critical cloud skills
The third-largest carmaker will migrate on-premise applications and leverage jointly designed tech training programs.
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Hyundai to sell cars on Amazon in 2024
The automaker will also integrate Amazon’s Alexa digital assistant in its vehicles in 2025 as part of the expanded partnership.
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Goodyear CEO to retire as tiremaker overhauls corporate strategy
The company’s transformation plan includes exploring strategic alternatives for its Dunlop brand and chemical and off-road tire businesses, which it hopes will raise over $2 billion in gross proceeds.
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EG Group buys Tesla hardware for European charging network
This is the second time Tesla has sold its ultra-fast EV chargers to the convenience store industry. The automaker struck a deal with BP in October.
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UAW members vote to approve GM labor deal despite opposition
Nearly 55% of autoworkers represented by the United Auto Workers at General Motors voted “yes” to approve the deal, but 13 facilities rejected it.
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Energy Department offers $3.5B for battery manufacturing
The funding from the Bipartisan Infrastructure Law will go towards new, retrofitted and expanded battery and critical mineral production sites.
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Michelin to lay off 1,400 employees, end tire production in Oklahoma
The site couldn’t keep up with the evolving automotive market and is set to wind down operations starting next year.
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GM buys gigacasting company with Tesla ties
Tooling & Equipment International worked with Tesla to streamline vehicle manufacturing before General Motors acquired the company.
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Buc-ee’s joins Mercedes-Benz EV charging network
The initial rollout will include chargers at 30 of the retailer’s travel centers by the end of 2024.
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Pickups, vans and SUVs with tall hoods 45% more likely to kill pedestrians
The average U.S. passenger vehicle is about eight inches taller and 1,000 pounds heavier than it was 30 years ago, an Insurance Institute for Highway Safety study says.
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UAW strike had little impact on new car prices, Kelley Blue Book says
Transaction prices rose significantly for some strike-affected brands such as Chevrolet, Chrysler and Dodge, while Ford, Jeep and Ram saw drops as those brands boosted incentives.
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Volvo acquires Proterra’s EV battery business
The automaker purchased the electric bus maker's battery segment three months after the startup declared bankruptcy.
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Hyundai is raising wages 25% by 2028 for production workers
The pay hikes will impact employees at the automaker’s assembly plant in Alabama and its electric vehicle factory in Georgia, which is under construction.