Manufacturing
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Courtesy of LG Energy Solution
LG Energy Solution aims to double revenue, reduce reliance on EV segment
The plans include advancing next-generation battery technology and establishing an energy storage software and services business.
By Eric Walz • Oct. 9, 2024 -
Courtesy of Rivian
Rivian cuts production outlook amid parts shortage
The EV maker said the supply issue began in Q3 and has become more “acute” in recent weeks.
By Haley Cawthon • Oct. 7, 2024 -
Courtesy of Joby Aviation
Toyota to invest $500M in Joby Aviation
The automaker's investment will create a manufacturing alliance for the electric air taxi startup's first phase of commercialization.
By Haley Cawthon • Oct. 4, 2024 -
Jack Taylor via Getty Images
Ferrari shutters gas-fueled plant to slash carbon emissions
The Italian carmaker closed its Maranello trigeneration plant this week in a bid to reduce its methane gas consumption and pivot to cleaner energy sources.
By Zoya Mirza • Oct. 3, 2024 -
Courtesy of Cubert
Battery startup Northvolt to lay off workers, scale back expansion plans
More than 200 employees were affected by the decision to close the company's R&D facility in San Leandro, California.
By Kalena Thomhave • Oct. 3, 2024 -
Joe Raedle via Getty Images
Layoffs mount amid low manufacturing demand: September PMI
The presidential election, an East Coast port strike and the impact of Hurricane Helene are creating a flurry of challenges for manufacturers this fall.
By Kate Magill • Oct. 2, 2024 -
Courtesy of Hyundai Motor North America
Hyundai, Kia launch advanced battery technology project
To better compete in the EV market, the automakers plan to jointly develop lithium iron phosphate battery cathode material manufacturing technology in South Korea.
By Haley Cawthon • Oct. 1, 2024 -
Courtesy of Ford Motor Co.
Ford reaches tentative union deal with tool and die unit
The UAW said Local 600's agreement would strengthen job security at the Dearborn, Michigan, facility by protecting against the impacts of advancements in 3D printing.
By Haley Cawthon • Sept. 30, 2024 -
Brandon Bell via Getty Images
Trump vs. Harris on manufacturing: A tale of 2 speeches
In dueling remarks this week, the Republican nominee focused on tariff hikes, while the Democratic nominee talked of boosting clean energy production.
By Kate Magill • Sept. 27, 2024 -
Courtesy of Stellantis
Stellantis lays off seasonal workers at Michigan plant
The automaker cut 177 supplemental employees as well as 14 full-timers at its Sterling Heights Assembly Plant, citing multiple reasons.
By Edwin Lopez • Sept. 26, 2024 -
Photo by Frederic Lewis/Getty Images via Getty Images
Companies are investing less time and money in women: study
McKinsey & Co. emphasized that the “broken rung” of advancement remains a core issue for women.
By Caroline Colvin • Sept. 26, 2024 -
Nic Antaya via Getty Images
White House backs $1B EV supplier fund
Monroe Capital’s managed fund is focused on helping small- and medium-sized auto manufacturers transition to electric vehicle production.
By Kate Magill • Sept. 25, 2024 -
Bill Pugliano via Getty Images
Employers increasingly shed jobs, reflecting economic uncertainty
Hiring intentions fell to the lowest year-to-date total since data tracking began in 2005, Challenger, Gray & Christmas said.
By Carolyn Crist • Sept. 25, 2024 -
Courtesy of BMW Group
BMW taps Redwood Materials for battery recycling
The company will work directly with BMW of North America at over 700 locations, including dealerships and distribution centers, to collect batteries for recycling.
By Eric Walz • Sept. 23, 2024 -
Courtesy of The Dow Chemical Co.
Battery sector gets $3B from Biden administration
The funding will go towards new battery manufacturing facilities, as well as critical mineral processing plants and recycling sites.
By Sara Samora • Sept. 20, 2024 -
Courtesy of Honda Motor Co.
Honda rethinks manufacturing as it overhauls Ohio plants
The automaker is redesigning factory floor layouts and installing new equipment in preparation for producing EVs, hybrids and gasoline cars across three facilities.
By Kate Magill • Sept. 19, 2024 -
Courtesy of Mercedes-Benz
Factorial, Mercedes-Benz develop range-boosting EV battery
The solid-state battery can add up to 600 miles to electric vehicles’ range, 80% more than current lithium-ion batteries, per the companies.
By Eric Walz • Sept. 18, 2024 -
Courtesy of General Motors
GM, EVgo plan 400 EV charging stations in metro areas
Most flagship stations are expected to feature up to 20 stalls, but some select sites will offer significantly more chargers.
By Eric Walz • Sept. 16, 2024 -
Courtesy of Hyundai Motor Group
GM, Hyundai plan global alliance on EVs, clean-energy tech
The potential collaboration aims to reduce automaker costs and deliver a wider range of vehicles and emerging technologies to market faster.
By Eric Walz • Sept. 12, 2024 -
Courtesy of Stellantis
Stellantis invests over $400M in 3 Michigan facilities
The automaker’s electrification strategy involves retooling several factories to assemble electric vehicles alongside internal combustion engine models.
By Haley Cawthon • Sept. 11, 2024 -
Win McNamee via Getty Images
Trump, Harris spar over manufacturing, trade and tariffs
In Tuesday’s presidential debate, the candidates offered vastly different strategies for how to grow the economy and compete with China on clean vehicles and advanced technology.
By Kate Magill • Sept. 11, 2024 -
Courtesy of Hyundai Motor Co.
4 takeaways from Hyundai’s updated long-term strategy
Extended-range EVs, advanced technologies for hybrid vehicles and new models are in store over the next decade.
By Eric Walz • Sept. 10, 2024 -
Bill Pugliano via Getty Images
Pedestrian deaths from SUV, pickup truck crashes are the focus for proposed federal rule
The NHTSA wants to require new vehicles be designed to reduce the risk of serious injuries and fatalities in pedestrian collisions.
By Dan Zukowski • Sept. 10, 2024 -
Courtesy of Utlium Cells
Ultium Cells workers in Tennessee join UAW
The GM battery supplier agreed to recognize the union after a majority of the Spring Hill plant’s employees signed union cards.
By Haley Cawthon • Sept. 9, 2024 -
Bill Pugliano via Getty Images
Manufacturing production hits 4-year low: August PMI
Increasing inventories and cratering demand are creating “one of the most worrying signals witnessed since the global financial crisis,” according to S&P.
By Philip Neuffer • Sept. 9, 2024
