EVs: Page 28
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A more aggressive UAW bargains with the Big Three
The union is demanding an end to tiered wage structures, the reinstatement of cost-of-living allowances and stronger job security amid the shadow of the transition to electric vehicles.
By Kalena Thomhave • July 26, 2023 -
Stellantis, Samsung SDI plan second US gigafactory
The automaker is shoring up battery manufacturing capacity to meet its EV production targets.
By Megan Ruggles • July 25, 2023 -
Foxconn to take 50% stake in ZF Group’s passenger vehicle chassis unit
The move is part of Foxconn’s diversification strategy, which includes expanding its automotive business and taking a 5% share of the global EV market by 2025.
By Eric Walz • July 25, 2023 -
New car owners unimpressed with their vehicles: J.D. Power
Overall satisfaction declined two years in a row, according to the survey. “It’s an indicator that larger issues may lie under the surface,” said Frank Hanley, senior director of auto benchmarking.
By Eric Walz • July 24, 2023 -
Tesla reports highest ever quarterly revenue of $24.9B in Q2
CEO Elon Musk said the company is also talking with major automakers to license Tesla’s Full Self-Driving autonomous driving technology.
By Eric Walz • July 21, 2023 -
Tony Posawatz named Fermata Energy CEO
The former Fisker Automotive CEO also led the development of the Chevrolet Volt.
By Michael Brady • July 20, 2023 -
Nissan is first Japanese automaker to adopt Tesla’s EV charging port
The company will offer the North American Charging Standard port on its Ariya SUV in 2024 and future models in 2025.
By Eric Walz • July 20, 2023 -
Ford cuts electric F-150 Lightning MSRPs by up to nearly $10K
The automaker said it cut prices on its electric pickup lineup amid lower battery raw material costs and improved production efficiencies.
By Eric Walz • July 18, 2023 -
Mersen opens synthetic graphite plant in Tennessee
The advanced materials maker will use the site to manufacture components for markets including solar panels, semiconductors and electric vehicles.
By Megan Ruggles • July 18, 2023 -
Kia to invest over $200M in Georgia plant expansion
The West Point expansion will enable the automaker to produce its first electric vehicle in North America.
By Sara Samora • July 17, 2023 -
Automakers blast EU proposal to make cars more recyclable
The European Union may require automakers to use recycled plastic and help finance the cost of recycling old cars.
By Michael Brady • July 17, 2023 -
Bosch ramps up hydrogen fuel cell production in Germany
Nikola Corp. will use the fuel cell modules to power its Class 8 hydrogen electric vehicle, with North American deliveries expected to start later this year.
By Eric Walz • July 14, 2023 -
Tesla supplier to establish factory in New Mexico
Hota Industrial Manufacturing chose the state for its easy access to Texas and Mexico.
By Sara Samora • July 13, 2023 -
LG plans to double its automotive electronics business to $15.6B by 2030
As modern vehicles become more like smartphones with software, digital displays and connectivity features, companies like LG, Nvidia and Qualcomm are expanding into the automotive sector.
By Eric Walz • July 13, 2023 -
Retrieved from Amazon on July 10, 2023
Amazon deliveries made by Rivian EVs surge to 150M
The e-commerce giant has deployed over 5,000 custom Rivian electric vehicles as it works to decarbonize its fleet.
By Alejandra Carranza • July 11, 2023 -
Where IT fits into Formula E racing
Friedemann Kurz, head of information technology at Porsche Motorsport, detailed how IT pros supply real-time data to accelerate racing strategies.
By Lindsey Wilkinson • July 11, 2023 -
Recycling batteries necessary to meet growing EV demand: Guidehouse
Battery recycling could help automakers reclaim up to 98% of key raw materials for battery production, which make up nearly 80% of battery manufacturing costs.
By Eric Walz • July 11, 2023 -
Volkswagen overhauls its charging and energy business
The automaker’s new head of charging and energy, Giovanni Palazzo, will oversee the addition of load management, energy market optimization and energy trading services.
By Michael Brady • July 11, 2023 -
Wolfspeed signs $2B supply deal with Japan-based chipmaker
The shift to electric vehicles and renewable energy has sparked a growing need for more efficient power semiconductors, which supply and regulate electricity, according to the North Carolina-based company.
By Megan Ruggles • July 10, 2023 -
Stellantis unveils global EV platform with driving ranges of up to 435 miles
The STLA Medium electric vehicle platform features a 400-volt electrical architecture and will underpin passenger cars, crossovers and SUVs.
By Eric Walz • July 7, 2023 -
Mercedes-Benz EVs to come with Tesla’s charging port in 2025
The company is the first German automaker to announce the switch to Tesla’s North American Charging Standard plug for its future electric vehicles.
By Eric Walz • July 7, 2023 -
US electric vehicle goals will require up to $127B to install 28M chargers by 2030: NREL
The National Renewable Energy Laboratory expects 30 million to 42 million electric vehicles on U.S. roads in 2030, requiring a rapid infrastructure buildout.
By Robert Walton • July 7, 2023 -
Volkswagen investing over $1B in South America by 2026
The automaker aims to grow its Brazil business 40% by 2027 and launch 15 electric and flex-fuel models in the region by 2025.
By Michael Brady • July 6, 2023 -
Toyota says ‘breakthrough’ in solid-state EV batteries could significantly drop costs
An executive said the new technology would deliver ranges up to 745 miles and halve current battery size and weight.
By Eric Walz • July 6, 2023 -
Faraday Future raises $90M despite production issues
Investors also agreed to move up a previous commitment to invest $15 million in the company.
By Michael Brady • July 5, 2023