Manufacturing: Page 9

  • A silver Lucid Gravity electric SUV parked in front of a cantilevered building with blue sky in the background.
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    Courtesy of Lucid Group, Inc.
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    EV maker Lucid Group shores up its losses with billion-dollar investments

    Lucid has received $6.4 billion from Saudi Arabia’s Public Investment Fund since 2018, which has helped support its operations as it works to turn a profit.

    By • May 13, 2024
  • A Rivian R1T nears undergoes final assembly at the automaker's plant in Normal, Illinois.
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    Courtesy of Rivian Automotive
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    Rivian completes plant retooling, a ‘pivotal step’ on path to profitability

    CFO Claire McDonough said the EV maker expects lower variable costs to be the biggest driver of gross profit improvement this year.

    By • May 10, 2024
  • The first 2023 Cadillac LYRIQ on display at General Motors' Spring Hill production facility in Tennessee.
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    Courtesy of General Motors
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    Automakers get more flexibility as US finalizes EV tax credit rules

    Electric vehicle makers have been racing to shift their supply chains to qualify for the credit. The latest changes give them more time.

    By • May 8, 2024
  • UAW on strike signage
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    Bill Pugliano via Getty Images
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    UAW Local 869 votes to authorize strike at Stellantis plant

    The union has put the automaker on notice as workers claim it has failed to address health and safety grievances at the Michigan facility.

    By • May 7, 2024
  • The Fisker Ocean electric SUV.
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    Courtesy of Fisker, Inc.
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    Fisker names chief restructuring officer

    The ailing company’s board appointed John DiDonato, managing director of Huron Consulting Group, to the role last month as it attempts to stave off bankruptcy.

    By Kalena Thomhave • May 3, 2024
  • A view from behind of the 2022 Ford Maverick pickup showing the left rear tail light.
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    Courtesy of Ford Motor Co.
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    Ford recalls nearly 243K Maverick pickups for tail light issue

    The company has issued a total of 23 separate recalls across its model lineup since January.

    By • May 3, 2024
  • Mexico's presidential candidates stand at podiums during the country's second presidential debate on Sunday, April 28, 2024.
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    Retrieved from Instituto Nacional Electoral on May 01, 2024
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    How Mexico’s presidential candidates expect to leverage nearshoring

    Modernizing border crossings, improving legal certainty and improving roads and rail networks were among the ideas candidates raised during a presidential debate.

    By • May 3, 2024
  • Rendering of Rivian's $5 billion EV manufacturing plant in Stanton Springs, Georgia.
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    Courtesy of Clayco
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    Rivian reaffirms plans for $5B Georgia EV plant despite construction pause

    The electric carmaker emphasized its intention to continue limited site development activity during the pause period, according to a company letter.

    By Sebastian Obando • May 1, 2024
  • UAW strike signage
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    Bill Pugliano via Getty Images
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    UAW members at Stellantis plant to vote on strike authorization

    The union claims the automaker has failed to resolve health and safety grievances at the Michigan plant.

    By • May 1, 2024
  • The 2025 Ram 1500 REV
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    Courtesy of Stellantis
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    Stellantis revenues slip 12% as it preps for next-gen product launches

    The automaker is debuting 25 new or updated products in 2024, 18 of which will be battery electric vehicles.

    By • April 30, 2024
  • A red 2024 Hyundai Santa Fe hybrid SUV pictured on a dirt trail with desert terrain in the background.
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    Courtesy of Hyundai Motor Group
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    Hyundai shifts focus to hybrids as EV demand declines

    Despite record-setting Q1 revenues, the automaker said its EV sales slipped nearly 5% year over year.

    By • April 29, 2024
  • The new Volkswagen ID. CODE concept vehicle in blue.
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    Courtesy of Volkswagen Group
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    Volkswagen looks to boost tech, cut costs in China

    The country’s transition to electric vehicles and growing local competition is making it harder for overseas automakers to stay competitive.

    By • April 29, 2024
  • Toshihiro Mibe, President and CEO of Honda Motor Co. speak at an event at the automaker's manufacturing plant in Allison, Ontario.
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    Courtesy of Honda Motor Co.
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    Honda invests billions in Canada to set up EV production hub

    The CAD $15 billion ($11 billion) investment into the automaker’s supply chain includes two factories and materials processing projects with joint venture partners.

    By • April 25, 2024
  • Toyota's manufacturing plant in Princeton, Indiana
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    Courtesy of PR Newswire
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    Toyota to assemble new EV at Indiana plant

    The automaker will add up to 340 jobs at the facility with a $1.4B investment.

    By • April 25, 2024
  • The 2024 Chevrolet Equinox EV 3LT in Riptide Blue parked beside a lakeside home.
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    Courtesy of General Motors
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    GM aims to build up to 300K EVs in 2024

    The automaker anticipates that new electric vehicle launches will help it achieve its ambitious sales targets in 2024.

    By • April 24, 2024
  • A blue Tesla Model S sedan on the highway.
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    Courtesy of Tesla Inc.
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    Tesla accelerates launch of new models

    The EV maker said production for a new vehicle lineup will start months earlier than originally announced and include a more affordable model.

    By • April 23, 2024
  • A worker inspects a 2023 Acura Integra as comes off of the assembly line at Honda's Marysville Auto Plant.
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    Courtesy of American Honda Motor Co., Inc
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    Honda details progress on Ohio EV hub

    The automaker is retooling facilities in Marysville, Anna and East Liberty, Ohio.

    By • April 18, 2024
  • A woman engineer uses a digital tablet to work on car design and improvements.
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    gorodenkoff via Getty Images
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    Deep Dive

    Why aren’t more women joining automotive manufacturing?

    As gender diversity remains an industry challenge, experts say companies can help tackle the problem by expanding childcare options and prioritizing career development and mentorship. 

    By Megan Ruggles • April 17, 2024
  • A cutaway view of the components of a Rimac-designed EV battery pack using cylindrical cells.
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    Courtesy of Rimac Technologies
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    BMW, Rimac Technology to co-produce battery tech for EVs

    The electric vehicle technology company expects the partnership — its largest and most ambitious yet — will help it become a high-volume Tier 1 automotive supplier.

    By • April 16, 2024
  • The 2022 BMW iX electric SUV.
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    Courtesy of BMW Group AG
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    BMW, Tata Technologies to collaborate on software-defined vehicles

    The deal adds to a trend of automakers seeking out external tech expertise to help develop next-generation vehicles.

    By • April 12, 2024
  • Kia President and CEO Ho Sung Song speaks on stage at the company's 2024 CEO Investor Day event in Seoul, South Korea.
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    Courtesy of Kia Corporation
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    Kia wants electrified vehicles to make up 58% of sales by 2030

    The automaker will lean more into hybrid vehicles as short-term EV demand stagnates.

    By • April 11, 2024
  • A Rivian R1T nears undergoes final assembly at the automaker's plant in Normal, Illinois.
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    Courtesy of Rivian Automotive
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    Rivian keeps production pace as it preps for plant retooling

    The startup’s CFO said the new technology at the facility will result in “significant cost savings.”

    By • April 9, 2024
  • The Mercedes-Benz logo is seen on the wheel hub
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    Sean Gallup via Getty Images
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    Mercedes-Benz workers in Alabama file for UAW election

    A “supermajority” of the more than 5,000 autoworkers at the facility filed a petition with the National Labor Relations Board, the UAW announced Friday.

    By Kalena Thomhave and Haley Cawthon • April 5, 2024
  • A light green 2022 Ford Maverick hybrid pickup truck on a highway.
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    Courtesy of Ford Motor Co.
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    Ford to expand hybrid offerings, delay EV launches

    With demand for EVs decreasing, the automaker will focus on launching new hybrid models and upgrading its manufacturing facilities.

    By • April 5, 2024
  • The lineup of Tesla vehicles parked at a Supercharger with tress in the background in a media photo.
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    Courtesy of Tesla Inc.
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    Tesla deliveries fall to lowest level since 2020

    The automaker produced over 46,000 more vehicles than it delivered in Q1 2024.

    By • April 4, 2024