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

US new car sales to reach 15M vehicles in 2023: Cox Automotive

Higher new-vehicle inventory levels have helped to boost sales, with June up 70% year-over-year.

By Eric Walz • June 30, 2023

Energy Department to release $2B in EV manufacturing grants

The grant program will prioritize retooling plants that face closure and help automakers tackle the cost of electric vehicle production.

By Megan Ruggles • June 30, 2023

BMW breaks ground on $700M South Carolina battery assembly plant

The factory is part of the German automaker’s $1.7 billion investment to produce fully electric vehicles.

By Sara Samora • June 29, 2023

GM signs deal with Australian company for key battery materials

The automaker will contribute an $85 million loan toward a new manganese sulfate plant.

By Ben Unglesbee • June 27, 2023

Hyundai’s Georgia supplier network expands to 9 manufacturers

State officials expect more contract manufacturers to announce sites. The automaker is currently investing $5.5 billion in a Georgia-based EV manufacturing campus.

By Sara Samora • June 26, 2023

Ford, SK On secure up to $9.2B in loans from DOE

The loan will help finance construction of the companies’ three joint venture battery plants. 

By Megan Ruggles • June 23, 2023

Mazda, Panasonic discussing long-term EV battery deal

If the companies reach an agreement, Panasonic will manufacture cylindrical lithium-ion batteries for Mazda in North America and Japan starting in 2025.

By Eric Walz • June 22, 2023

Renault Group CEO Luca de Meo to lead EV-spinoff Ampere

The subsidiary aims to lower EV costs by 40% per vehicle by 2027 and develop new battery technologies and software-defined vehicle architecture.

By Michael Brady • June 21, 2023

Stellantis forms semiconductor joint venture with Foxconn

SiliconAuto will supply chips for the next generation of the automaker’s software-based vehicle platforms starting in 2026.

By Eric Walz • June 21, 2023

GM to invest nearly $1B in Ohio DMAX engine facility

The automaker is looking to boost motor production to meet rising demand for its heavy-duty trucks. 

By Megan Ruggles • June 20, 2023

Volkswagen subsidiary PowerCo to use new cost-saving process for manufacturing EV batteries

The dry coating method for manufacturing electric-vehicle batteries could save the automaker hundreds of millions of dollars a year and reduce energy consumption by as much as 30%.

By Eric Walz • June 20, 2023

Mercedes-Benz to use 200,000 tons of reduced CO2 steel annually

By 2030, the automaker aims to slash average carbon dioxide emissions per passenger car by half compared with 2020 as part of its long-term plan to make its new vehicle fleet carbon-neutral.

By Eric Walz • June 15, 2023

Texas ready to invest $1.4B in state chip industry

The new funds would complement federal efforts to promote domestic semiconductor manufacturing.

By Sara Samora • June 14, 2023

Toyota revamps its EV strategy as competition and government mandates mount

The automaker’s plans include developing solid-state, lithium-ion batteries for future electric vehicles with driving ranges over 600 miles.

By Eric Walz • June 14, 2023

Ford opens its $2B electric vehicle factory in Cologne, Germany

Ford converted the 90-year-old factory to produce its next-generation EVs for the European market, including an electric version of the popular Explorer SUV.

By Eric Walz • June 13, 2023

GM, Samsung SDI to build $3B battery cell plant in Indiana

With the latest investment, the automaker will spend over $4 billion to expand its operations in the state.

By Sara Samora • June 13, 2023

Toyota to invest $50M in new Michigan battery lab

The facility, expected to open in 2025, will evaluate batteries for the automaker’s electric and hybrid vehicles sold in North America.

By Eric Walz • June 12, 2023

7 trends transforming the automotive industry

Technology is reshaping how car makers design, build, sell and service vehicles as they shift to electrification, boost domestic manufacturing and develop new hardware and software partnerships.

By Eric Walz • June 12, 2023

Ford appoints former GM and Whirlpool exec as its chief supply chain officer

Liz Door joins the automaker as it focuses on improving quality and reducing costs through its supply chain as part of its Ford+ plan.

By Eric Walz • June 8, 2023

Stellantis forms joint venture for end-of-life vehicle recycling

The company will partner with Belgium-based recycling company Galloo to recover used vehicles and components from automakers for reuse, recycling and remanufacturing.

By Eric Walz • June 7, 2023

GM invests over $1B to boost EV battery production

The automaker and its joint venture partner POSCO Future M want to increase the production of cathode active material.   

By Eric Walz • June 6, 2023

Toyota to launch its first US-assembled battery-electric SUV

To help with production, the automaker will invest another $2.1 billion in its North Carolina EV battery factory.

By Eric Walz • June 1, 2023

Stellantis inks development deal with lithium-sulfur battery maker

Lyten and the EV maker aim to bring the batteries to market by the second half of the decade.

By Kate Magill • May 31, 2023

LG Energy Solution, Hyundai to build $4.3B joint battery cell plant in Georgia

The two South Korea-based companies will locate the facility near Hyundai’s upcoming EV campus.

By Sara Samora • May 30, 2023