EVs: Page 20
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UAW wins big concessions from Big Three. Are foreign automakers next?
If the United Auto Workers organize nonunion companies like Tesla and Toyota, it would create a more even playing field for General Motors, Ford and Stellantis, one expert said.
By Kalena Thomhave • Oct. 31, 2023 -
Toyota to expand North Carolina EV battery plant with $8B investment
The latest investment will create nearly 3,000 more jobs and increase capacity to support the automaker’s EV models.
By Sara Samora • Oct. 31, 2023 -
Retrieved from Stellantis North America on October 30, 2023
Stellantis, Unifor reach tentative agreement, ending autoworkers strike in Canada
The automaker agreed to largely the same terms as Ford Motor Co. and General Motors, raising base wages 20% for production workers and 25% for skilled trades.
By Michael Brady • Oct. 30, 2023 -
The Ford-UAW deal features $8B in plant upgrades. Here’s where the money’s going.
The investments will include the introduction of new EV models at four facilities.
By Kate Magill • Oct. 30, 2023 -
BP buys $100M worth of Tesla chargers
The deal will add new EV charging stations to the company’s convenience store chains. It’s the first time Tesla’s hardware has been bought for use on an independent charging network, BP said.
By Jessica Loder • Oct. 30, 2023 -
UAW ends strike against Stellantis, hits GM with surprise 4,000 worker strike
The Stellantis deal is similar to the United Auto Workers agreement with Ford Motor Co., raising autoworkers’ base wages 25% over four-and-a-half years.
By Michael Brady • Oct. 28, 2023 -
Ford delays construction on second Kentucky battery plant
The automaker is also delaying $12 billion in electric vehicle investments a month after it paused construction on its Michigan EV factory.
By Kate Magill • Oct. 27, 2023 -
Stellantis invests $1.6B in China-based EV startup Leapmotor
The investment gives Stellantis a 20% stake in the electric vehicle maker and provides access to the world’s largest EV and hybrid market, which nearly doubled in size last year.
By Eric Walz • Oct. 27, 2023 -
Ford, UAW reach tentative agreement to end strike
General Motors and Stellantis autoworkers could also receive significant raises if the union pressures them to meet or exceed Ford’s latest offer to raise top wages by more than 30% over the next four years.
By Eric Walz • Oct. 26, 2023 -
Honda, GM scrap $5B plan to jointly build affordable EVs
Originally, the automakers had planned to co-develop millions of EVs using General Motors’ Ultium battery technology with Honda designing the exterior and interior.
By Eric Walz • Oct. 26, 2023 -
New cars are more affordable for the first time since 2019
After peaking in December, the average monthly payment declined 0.8% in September from the month prior, Cox Automotive and Moody Analytics said.
By Michael Brady • Oct. 25, 2023 -
Tesla confirms DOJ investigation over inflated driving range estimates
The U.S. Department of Justice is also investigating allegations that the automaker improperly used company funds for CEO Elon Musk’s secret house project, according to a regulatory filing.
By Michael Brady • Oct. 25, 2023 -
GM abandons plan to build 400,000 EVs by mid-2024
The automaker blamed lower demand for its decision to curb its EV production goals. GM’s EV production climbed 40% from Q2 to Q3, while EV sales grew 28%.
By Eric Walz • Oct. 24, 2023 -
Stellantis launches commercial vehicles business Pro One
The automaker’s lineup includes connected vans, electric pickup trucks and a micro-mobility option.
By Eric Walz • Oct. 23, 2023 -
Automakers slam Biden administration’s 58 mpg fuel economy standard
General Motors, Ford and Stellantis could pay $10.5 billion in fines if the National Highway Traffic Safety Administration finalizes its recommendations, the American Automotive Policy Council said.
By Michael Brady • Oct. 20, 2023 -
GM delays EV production at Michigan plant to 2025
General Motors says it needs time to better manage capital investment related to EV demand and implement engineering improvements to increase profits.
By Eric Walz • Oct. 19, 2023 -
American Battery Technology Company opens battery recycling plant
The Nevada plant will process up to 20,000 tons of battery feedstock annually into materials like copper, aluminum and steel.
By Joelle Anselmo • Oct. 19, 2023 -
Tesla’s profits decline 44% in Q3 thanks to aggressive price cuts
The automaker doesn’t expect the upcoming launch of the Cybertruck to boost the company’s revenue anytime soon.
By Eric Walz • Oct. 19, 2023 -
BMW secures new battery material supplier in Canada
A new partnership with Umicore and added South Carolina production are scaling the automaker's EV supply chain strategy.
By Kate Magill • Oct. 19, 2023 -
Retrieved from Stellantis on October 18, 2023
Stellantis has until Oct. 29 to strike a deal with autoworkers in Canada
Unifor, a union representing more than 8,200 Stellantis workers, is also negotiating for future product commitments at its Brampton Assembly plant related to the electric vehicle transition.
By Michael Brady • Oct. 18, 2023 -
OSHA proposes $270K in fines against GM, LG Energy Solution battery company
The federal agency discovered 19 health and safety violations at Ultium Cells’ Ohio facility, including exposing workers to dangerous chemicals used to produce batteries.
By Sara Samora • Oct. 17, 2023 -
Ford furloughs 700 autoworkers at F-150 Lightning plant, 106 more at Sterling Axle
Ford curbed F-150 Lightning production due to supply chain disruptions and delivery delays unrelated to the United Auto Workers strike. It also furloughed more workers due to the strike.
By Eric Walz • Oct. 17, 2023 -
Opinion
As EV cyber risks rise, careful procurement planning can prevent headaches
Unsecured electric vehicle charging stations may introduce malicious software to EVs, creating cybersecurity and liability risks for companies building their own charging networks.
By Arjun Ramadevanahalli • Oct. 13, 2023 -
Top automotive industry conferences in 2024
Upcoming events will touch on electric vehicles, autonomous vehicles, software-defined vehicles, supply chain management and more.
By Michael Brady • Updated Oct. 12, 2023 -
BMW, Mercedes-Benz EV sales jump in Q3, as Tesla loses market share
BMW Group’s electric vehicle sales shot up 79.6% in Q3, while Mercedes-Benz saw its EV sales climb 66%.
By Eric Walz • Oct. 12, 2023