Automakers: Page 31

  • GM electric vehicle with logo
    Image attribution tooltip
    Bill Pugliano via Getty Images
    Image attribution tooltip

    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
  • A picture of Lucid's dual-motor EV drive unit
    Image attribution tooltip
    Courtesy of Lucid Group, Inc.
    Image attribution tooltip

    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 • June 26, 2023
  • An interior picture of the center console in the Tesla Model Y.
    Image attribution tooltip
    Courtesy of Tesla Inc.
    Image attribution tooltip

    New vehicle quality is getting worse. Blame technology, J.D. Power says.

    As automakers launch more high-tech vehicles, reported problems have reached a record high, according to J.D. Power’s 2023 Initial Quality Study.

    By • June 23, 2023
  • A sign on the U.S. Environmental Protection Agency building in Washington, D.C.
    Image attribution tooltip
    Gromit702/iStock/Getty Images Plus via Getty Images
    Image attribution tooltip

    EPA withdraws controversial EV credits from biofuels rule, potentially costing automakers billions

    The U.S. Environmental Protection Agency pulled the electric vehicle proposal because it was concerned the rule would face legal challenges.

    By • June 23, 2023
  • The Ford F-150 Lightning is displayed at the North America International Auto Show.
    Image attribution tooltip
    Bill Pugliano via Getty Images
    Image attribution tooltip

    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
  • Pictured are Three sizes cylindrical batteries produced by Panasonic for electric vehicles.
    Image attribution tooltip
    Courtesy of Mazda Motor Corporation
    Image attribution tooltip

    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 • June 22, 2023
  • Hyundai President and CEO Jaehoon Chang pictured during a presentation the automaker's 2023 CEO Investor Day event in Seoul.
    Image attribution tooltip
    Courtesy of Hyundai Motor
    Image attribution tooltip

    Hyundai to invest $85B in EVs by 2030

    The company also boosted its electric vehicle sales target to 2 million units annually by the end of the decade.

    By • June 22, 2023
  • Renault Group CEO Luca de Meo
    Image attribution tooltip
    Permission granted by Renault Group
    Image attribution tooltip

    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 • June 21, 2023
  • A die is removed from a semiconductor during manufacturing.
    Image attribution tooltip
    SweetBunFactory/iStock/Getty Images Plus via Getty Images
    Image attribution tooltip

    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 • June 21, 2023
  • A Chevy pickup truck drives off the assembly line of the General Motors Flint Assembly Plant January 24, 2011 in Flint, Michigan.
    Image attribution tooltip
    Bill Pugliano via Getty Images
    Image attribution tooltip

    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
  • Person plugging a Rivian R1T vehicle into a charger.
    Image attribution tooltip
    Courtesy of Rivian
    Image attribution tooltip

    Rivian customers to gain access to Tesla’s Supercharger network beginning in 2024

    And in 2025, all Rivian electric vehicles will come with Tesla’s North American Charging Standard plug.

    By • June 20, 2023
  • An engineer inspects dry coating battery material at PowerCo laboratories
    Image attribution tooltip
    Courtesy of Volkswagen AG
    Image attribution tooltip

    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 • June 20, 2023
  • UAW works on strike outside a General Motors factory.
    Image attribution tooltip
    Bill Pugliano/Stringer/Getty Images North America via Getty Images
    Image attribution tooltip

    UAW president warns Ford, GM, Stellantis that it’s ‘time to pay up’

    More than 140,000 workers could strike this fall when the union’s contracts with the automakers expire on Sept. 14.

    By • June 20, 2023
  • Nissan COO Ashwani Gupta pictured with the Airya electric SUV in July 2020.
    Image attribution tooltip
    Courtesy of Nissan Motor Co. Ltd
    Image attribution tooltip

    Nissan COO Ashwani Gupta to step down

    Gupta was responsible for executing the automaker’s Next transformation plan, which included targets of electrifying 40% of its U.S. model lineup by 2026 and boosting global production capacity by 20%.

    By • June 16, 2023
  • The Mercedes-Benz EQS dashboard.
    Image attribution tooltip
    Courtesy of Mercedes-Benz
    Image attribution tooltip

    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 • June 16, 2023
  • Ford F-150 Lightning pickup trucks sit on the production line at the Ford Rouge Electric Vehicle Center.
    Image attribution tooltip
    Bill Pugliano via Getty Images
    Image attribution tooltip

    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
  • Steel vehicle body panels at a Mercedes-Benz assembly plant.
    Image attribution tooltip
    Courtesy of Mercedes-Benz
    Image attribution tooltip

    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 • June 15, 2023
  • The all-electric Chrysler Airflow concept at the CES 2022 conference in Las Vegas.
    Image attribution tooltip
    Courtesy of Stellantis
    Image attribution tooltip

    Will Stellantis use Tesla’s EV charging standard? It’s thinking about it.

    The automaker is evaluating whether to adopt the North American Charging Standard after Ford and General Motors struck deals with Tesla to use its Supercharger network.

    By • June 15, 2023
  • A photo of a Toyota solid state electric vehicle battery
    Image attribution tooltip
    Courtesy of Toyota Motor Corp
    Image attribution tooltip

    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 • June 14, 2023
  • An electric car charges at a mall parking lot.
    Image attribution tooltip
    Justin Sullivan via Getty Images
    Image attribution tooltip

    Global EV sales to reach 700M units by 2040: BloombergNEF

    The report predicts that total electric vehicle sales across all segments could reach a cumulative $8.8 trillion by 2030.

    By • June 14, 2023
  • A Chevy pickup truck drives off the assembly line of the General Motors Flint Assembly Plant January 24, 2011 in Flint, Michigan.
    Image attribution tooltip
    Bill Pugliano via Getty Images
    Image attribution tooltip

    GM signs steel deal with ArcelorMittal North America

    The steelmaker will supply General Motors with material containing at least 70% scrap.

    By Kate Magill • June 14, 2023
  • A vehicle on the assembly line at Ford's Cologne Electric Vehicle Center
    Image attribution tooltip
    Courtesy of Ford Motor Co.
    Image attribution tooltip

    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 • June 13, 2023
  • A blue transparent car with a green cylinder battery with a bright yellow lightning bold in its center, with a black background.
    Image attribution tooltip
    Just_Super for iStock via Getty Images
    Image attribution tooltip

    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
  • Mercedes-Benz car with Drive Pilot sits on a road in front of Aria hotel in Las Vegas
    Image attribution tooltip
    Courtesy of Mercedes-Benz
    Image attribution tooltip

    California approves Mercedes-Benz Level 3 autonomous driving system for public roads

    Drive Pilot, which will be available on the 2024 S-Class and EQS sedans, allows drivers to read a book or check email at speeds under 40 mph.

    By • June 12, 2023
  • A rendering of the new automotive battery lab in Michigan
    Image attribution tooltip
    Courtesy of PR Newswire
    Image attribution tooltip

    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 • June 12, 2023