EVs: Page 23

  • Stellantis CEO Carlos Tavares shakes hands with Leapmotor CEO Zhu Jiangming behind a table at a strategic cooperation signing ceremony.
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    Courtesy of Stellantis
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    Stellantis invests $1.6B in China-based EV startup Leapmotor

    The investment gives Stellantis a 20% stake in the electric vehicle maker and provides access to the world’s largest EV and hybrid market, which nearly doubled in size last year. 

    By • Oct. 27, 2023
  • UAW President Shawn Fain greets union members at a rally in Chicago, Illinois.
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    Jim Vondruska via Getty Images
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    Ford, UAW reach tentative agreement to end strike

    General Motors and Stellantis autoworkers could also receive significant raises if the union pressures them to meet or exceed Ford’s latest offer to raise top wages by more than 30% over the next four years.

    By • Oct. 26, 2023
  • A bright blue Honda Prologue SUV is parked in front of an apartment building
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    Courtesy of Honda
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    Honda, GM scrap $5B plan to jointly build affordable EVs

    Originally, the automakers had planned to co-develop millions of EVs using General Motors’ Ultium battery technology with Honda designing the exterior and interior.

    By • Oct. 26, 2023
  • New cars parked at a dealership.
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    Bilanol/iStock/Getty Images Plus via Getty Images
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    New cars are more affordable for the first time since 2019

    After peaking in December, the average monthly payment declined 0.8% in September from the month prior, Cox Automotive and Moody Analytics said.

    By • Oct. 25, 2023
  • In an aerial view, Tesla cars sit parked in a lot at the Tesla factory on April 20, 2022 in Fremont, California.
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    Justin Sullivan via Getty Images
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    Tesla confirms DOJ investigation over inflated driving range estimates

    The U.S. Department of Justice is also investigating allegations that the automaker improperly used company funds for CEO Elon Musk’s secret house project, according to a regulatory filing.

    By • Oct. 25, 2023
  • A press photo a blue Chevy Silverado EV RST electric pickup truck.
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    Courtesy of General Motors
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    GM abandons plan to build 400,000 EVs by mid-2024

    The automaker blamed lower demand for its decision to curb its EV production goals. GM’s EV production climbed 40% from Q2 to Q3, while EV sales grew 28%.

    By • Oct. 24, 2023
  • The 2024 Ram ProMaster work van.
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    Courtesy of Stellantis
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    Stellantis launches commercial vehicles business Pro One

    The automaker’s lineup includes connected vans, electric pickup trucks and a micro-mobility option. 

    By • Oct. 23, 2023
  • A person pumping gas .
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    adamkaz/E+ via Getty Images
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    Automakers slam Biden administration’s 58 mpg fuel economy standard

    General Motors, Ford and Stellantis could pay $10.5 billion in fines if the National Highway Traffic Safety Administration finalizes its recommendations, the American Automotive Policy Council said.

    By • Oct. 20, 2023
  • Battery packs for the 2022 Chevrolet Bolt EV on the production line on at GM's Orion Assembly Plant in Michigan.
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    Courtesy of General Motors
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    GM delays EV production at Michigan plant to 2025

    General Motors says it needs time to better manage capital investment related to EV demand and implement engineering improvements to increase profits.

    By • Oct. 19, 2023
  • The American Battery Technology Company facility in McCarran, Nevada, with a parking lot at the front, and a road next to the facility under the sun. Snow-covered mountains are in the background.
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    Courtesy of American Battery Technology Company.

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    American Battery Technology Company opens battery recycling plant

    The Nevada plant will process up to 20,000 tons of battery feedstock annually into materials like copper, aluminum and steel.

    By • Oct. 19, 2023
  • An exterior view of a Tesla showroom.
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    Courtesy of Tesla Inc.
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    Tesla’s profits decline 44% in Q3 thanks to aggressive price cuts

    The automaker doesn’t expect the upcoming launch of the Cybertruck to boost the company’s revenue anytime soon.

    By • Oct. 19, 2023
  • A gray and jungle green building surrounded by green landscape with ray of a sunrise shining over the area.
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    Courtesy of the BMW Group.

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    BMW secures new battery material supplier in Canada

    A new partnership with Umicore and added South Carolina production are scaling the automaker's EV supply chain strategy.

    By • Oct. 19, 2023
  • Stellantis employees assembling doors.
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    Retrieved from Stellantis on October 18, 2023
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    Stellantis has until Oct. 29 to strike a deal with autoworkers in Canada

    Unifor, a union representing more than 8,200 Stellantis workers, is also negotiating for future product commitments at its Brampton Assembly plant related to the electric vehicle transition.

    By • Oct. 18, 2023
  • Ultium Cells manufacturing facility in Warren, Ohio.
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    Courtesy of Ultium Cells.

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    OSHA proposes $270K in fines against GM, LG Energy Solution battery company

    The federal agency discovered 19 health and safety violations at Ultium Cells’ Ohio facility, including exposing workers to dangerous chemicals used to produce batteries.

    By • Oct. 17, 2023
  • Workers assemble a Ford F-150 Lightning at the company's Rouge Electric Vehicle Center in Michigan.
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    Courtesy of Ford Motor Co.
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    Ford furloughs 700 autoworkers at F-150 Lightning plant, 106 more at Sterling Axle

    Ford curbed F-150 Lightning production due to supply chain disruptions and delivery delays unrelated to the United Auto Workers strike. It also furloughed more workers due to the strike.

    By • Oct. 17, 2023
  • A rendering of an Electric Era charger charging a vehicle.
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    Permission granted by Electric Era
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    Opinion

    As EV cyber risks rise, careful procurement planning can prevent headaches

    Unsecured electric vehicle charging stations may introduce malicious software to EVs, creating cybersecurity and liability risks for companies building their own charging networks.

    By Arjun Ramadevanahalli • Oct. 13, 2023
  • The 2023 North American International Detroit Auto Show.
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    Courtesy of North American International Detroit Auto Show
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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.

    By • Updated Oct. 12, 2023
  • The BMW i4 M50.
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    Courtesy of BMW
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    BMW, Mercedes-Benz EV sales jump in Q3, as Tesla loses market share

    BMW Group’s electric vehicle sales shot up 79.6% in Q3, while Mercedes-Benz saw its EV sales climb 66%.

    By • Oct. 12, 2023
  • An EV lithium-ion battery module inside a white metal enclosure laying on a dark blue-gray ground.
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    Black_Kira for iStock via Getty Images
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    Stellantis, Samsung SDI to build $3.2B EV battery factory in Indiana

    The site will be the manufacturers’ second joint StarPlus Energy facility in Kokomo.

    By • Oct. 11, 2023
  • Headshots of two people in suits side-by-side.
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    Courtesy of Nissan.

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    Nissan names new manufacturing leaders at Mississippi, Tennessee plants

    Company veterans David Sliger and Victor Taylor are taking on new roles as the automaker pushes to grow its U.S. electric vehicle manufacturing capacity.

    By • Oct. 11, 2023
  • The Toyota bZ4X electric SUV parked in a driveway.
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    Courtesy of Toyota Motor Corp
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    LG Energy Solution invests $3B in US battery manufacturing expansion

    The extra capacity will help the battery maker supply Toyota with lithium batteries in a new supply deal. 

    By • Oct. 10, 2023
  • Ford's Chicago Assembly Plant Builds Explorers, Police Interceptors, And Lincoln Aviators
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    Scott Olson via Getty Images
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    How the UAW strike is impacting supplier operations

    The strike has caused some down-tier suppliers to hold inventory, while others may see cash flow delays.

    By • Oct. 9, 2023
  • Chris Brownridge, the new Rolls-Royce CEO.
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    Permission granted by Rolls-Royce Motor Cars
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    Rolls-Royce CEO to retire next month

    Chris Brownridge, the automaker’s new CEO, will implement Rolls-Royce’s plan to sell electric vehicles exclusively by 2030.

    By • Oct. 9, 2023
  • United Auto Workers President Shawn Fain speaking during a livestream event.
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    United Auto Workers. (2023). "UAW President Shawn Fain Livestream Update 10/6/23" [Video screenshot]. Retrieved from YouTube.
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    GM to cover EV battery plants under UAW master agreement, Fain says

    The United Auto Workers union had threatened to strike the automaker’s Arlington Assembly plant in Texas shortly before General Motors agreed to the concessions.

    By • Oct. 6, 2023
  • A car salesperson shaking hands with a customer.
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    skynesher/E+ via Getty Images
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    Are EV tax credits too hard to use? The Biden administration thinks so.

    In January, car shoppers will be able to transfer their clean vehicle tax credits to dealers to lower the purchase price of electrified vehicles.

    By • Oct. 6, 2023