EVs: Page 18
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Courtesy of Toyota Motor North America
Toyota investing $1.3B for EV production in Kentucky
The automaker will install a battery pack assembly line at the Kentucky plant and build a new three-row electric SUV for the U.S. market starting in 2025.
By Eric Walz • Feb. 8, 2024 -
Courtesy of Ford Motor Co.
Ford created a secret team to build an affordable EV
The automaker plans to launch multiple EVs based on the platform as part of its revamped electrification strategy, CEO Jim Farley said.
By Eric Walz , Michael Brady • Feb. 8, 2024 -
Courtesy of Toyota Motor North America
Toyota reports strong earnings as hybrid sales boom
The automaker also raised its full-year guidance.
By Michael Brady • Feb. 7, 2024 -
Courtesy of General Motors
GM, LG Chem ink $19B cathode material supply deal
The South Korea-based chemical maker will supply the automaker with enough CAM to power five million EVs.
By Ben Unglesbee • Feb. 7, 2024 -
Black_Kira for iStock via Getty Images
Energy Department opens battery R&D funds for sodium-ion
The $15.7 million will also go towards projects using smart manufacturing technologies to lower the cost of battery production.
By Joelle Anselmo • Feb. 6, 2024 -
Courtesy of Volkswagen Group
Volkswagen launches in-house AI company
The lab will create vehicle infotainment and navigation products, collaborating with tech companies across China, Europe and North America.
By Eric Walz • Feb. 6, 2024 -
Courtesy of Mazda North America
January sales roundup: Automakers see annual gains, but Hyundai, Kia lag
Honda, Mazda and Subaru posted strong sales figures, avoiding a post-holiday slump.
By Michael Brady • Feb. 2, 2024 -
Courtesy of Volkswagen Group
Volkswagen Group names new CTO for China
The Volkswagen brand will also combine its new mobility and technical development divisions.
By Michael Brady • Feb. 1, 2024 -
Courtesy of Office of New York Governor Kathy Hochul
Tesla installing $500M supercomputer to train AI at gigafactory
The New York facility's Dojo supercomputer will process massive amounts of data to support Tesla's autonomous driving program.
By Eric Walz • Feb. 1, 2024 -
Courtesy of Toyota Motor Corporation
Toyota sees first annual sales increase in 2 years
The automaker sold 11.2 million vehicles worldwide in 2023, a 7.2% year-over-year increase.
By Michael Brady • Jan. 31, 2024 -
Courtesy of General Motors
GM to sell more hybrids as EV demand wanes
The automaker will time some new vehicle launches to comply with fuel economy and emissions standards, CEO Mary Barra said.
By Eric Walz • Jan. 31, 2024 -
Courtesy of Wieland
Wieland to expand Illinois copper production plant
The project will help increase the production of critical components used in EVs and EV charging infrastructure.
By Joelle Anselmo • Jan. 30, 2024 -
Mario Tama/Staff/Getty Images News via Getty Images
Automotive industry outlook for 2024
Executives are adjusting plans as they deal with economic headwinds, a web of federal mandates and the fallout of the United Auto Workers deal.
By Michael Brady • Jan. 30, 2024 -
Courtesy of Ford Motor Co.
Lincoln plans to buy out another 100 US dealers in 2024
Ford’s luxury brand is streamlining its sales network to match supply and demand.
By Eric Walz • Jan. 29, 2024 -
Courtesy of Hyundai Motor North America
Hyundai raked in record profits in 2023
Despite last year’s success, the automaker is taking a cautious approach in 2024 as high interest rates and a global economic slowdown threaten new vehicle sales.
By Michael Brady • Jan. 26, 2024 -
Courtesy of Stellantis
Stellantis acquires CloudMade’s AI technology for software-defined vehicles
More than 40 engineers and software developers will join the automaker as part of the deal.
By Michael Brady • Jan. 26, 2024 -
designer491 for iStock via Getty Images
SK Battery America cited for safety, health hazard violations at Georgia plant
The Labor Department found the battery maker exposed workers to hazardous conditions when working with nickel, cobalt and manganese.
By Sara Samora • Jan. 25, 2024 -
Courtesy of Tesla Inc.
Tesla warns of growing competition from automakers in China
CEO Elon Musk suggested increasing trade barriers could help fend off competition.
By Eric Walz • Jan. 25, 2024 -
Courtesy of Lucid Group
Lucid Motors expands Arizona plant ahead of Gravity launch
The plant will grow by about 3 million square feet as the company adds a new manufacturing facility, storage space and more.
By Michael Brady • Jan. 25, 2024 -
SweetBunFactory via Getty Images
EV battery research gets $131M funding boost
More than half the Energy Department funding is for 27 projects working on increasing EV driving range, lowering battery costs and advancing on-board charging systems.
By Kate Magill • Jan. 24, 2024 -
Courtesy of Fisker, Inc.
Fisker says more than 100 dealers are interested in selling its EVs
The EV startup also said it would sell all its unsold 2023 vehicle inventory by the end of the first quarter of 2024 to improve its balance sheet.
By Eric Walz • Jan. 24, 2024 -
Courtesy of Hyundai Motor Group
Hyundai unveils ‘Active Air Skirt’ to improve EV range, stability
The technology increases downforce and reduces turbulence, which improves traction and stability at higher speeds.
By Eric Walz • Jan. 24, 2024 -
Courtesy of Ford
Could 2024 be the year of LFP batteries?
As automakers push for alternative EV battery options, experts say LFP, solid-state and sodium-ion batteries are worth watching in the year ahead.
By Kate Magill • Jan. 24, 2024 -
Courtesy of Stellantis
Stellantis unveils vehicle platform for full-size EVs
The automaker plans to launch eight new vehicles on the STLA Large platform across five brands from 2024 to 2026.
By Eric Walz • Jan. 23, 2024 -
Courtesy of General Motors
The hardest manufacturing jobs to fill this year
U.S. EV manufacturers are struggling to find enough workers for positions like automation engineers and machinists.
By Joelle Anselmo • Jan. 23, 2024
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