Ford supplier invests $790M to build 3 Tennessee plants

Magna International will produce key parts for Ford’s second-generation electric truck, and is the first company to join the automaker’s supplier park.

By Sara Samora • July 21, 2023

Volkswagen overhauls human rights due diligence in materials supply chain

The automaker has deepened its analysis and taken part in several responsible sourcing initiatives to comply with a new German law targeting abuses in supply chains.

By Ben Unglesbee • July 20, 2023

3 top questions on the future of lithium, cobalt and nickel supply: report

The International Energy Agency is optimistic that the global supply of critical minerals can keep pace with demand but is skeptical about diverse sourcing.

By Kate Magill • July 20, 2023

Stellantis revamps its semiconductor strategy to ensure long-term supply

The company wants to avoid supply chain disruptions, which significantly impacted global vehicle production and sales during the pandemic.

By Eric Walz • July 19, 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

Automotive semiconductor shortage mostly resolved: S&P Global

The semiconductor shortage that disrupted vehicle production over the past two years is just about over. But as vehicles become more complex, supply chain disruptions may impact production and sales.

By Eric Walz • 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

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

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

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

Lucid, Aston Martin sign $450M EV powertrain deal

According to the terms of the deal, Lucid will also become a shareholder in the luxury sports car maker.

By Eric Walz • June 26, 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

Why automakers are fretting over four words in the Inflation Reduction Act

A ban on sourcing material from “foreign entities of concern” is causing apprehension among companies reliant on China, a critical mineral powerhouse.

By Kate Magill • June 22, 2023

New Cummins tech analyzing fuel efficiency aims to launch this year

The engine manufacturer is rolling out new features following the launch of its predictive maintenance capabilities earlier this year.

By David Taube • June 21, 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

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 testing AI-powered ChatGPT with customers

More than 900,000 vehicles in the U.S. are eligible for the optional beta test, which will last three months.

By Michael Brady • June 16, 2023

Ford and GM execs have lingering questions about the Inflation Reduction Act

Automakers are anxiously awaiting further federal guidance on how to ensure their vehicles qualify for EV consumer tax credits.

By Kate Magill • June 16, 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