Manufacturing: Page 15

  • An SUV on the road with hills in the background.
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    Courtesy of Hyundai Motor Group.

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    Hyundai investing $290M to upgrade Alabama assembly plant

    The investment will prepare the facility to produce the fifth generation of its Santa Fe gas-powered sport utility vehicle.

    By Sara Samora • Aug. 24, 2023
  • The exterior of Northvolt's Dwa battery systems facility in Gdansk, Poland.
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    Courtesy of Northvolt
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    Battery startup Northvolt raises $1.2B for Europe, North America expansion

    The company, co-founded by former Tesla executives, has over $55 billion in electric vehicle battery orders from major automakers, including BMW, Volvo Cars and Volkswagen Group.

    By • Aug. 23, 2023
  • United Auto Workers President Shawn Fain speaks with General Motors workers.
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    Bill Pugliano/Stringer/Getty Images News via Getty Images
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    UAW strike would have domino effect on suppliers

    Many auto suppliers, already experiencing economic instability, are unprepared for a strike and may turn to layoffs to deal with a work stoppage.

    By Kalena Thomhave • Aug. 22, 2023
  • A graphic of a Continental air suspension component on the right front of a vehicle.
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    Courtesy of Continental AG
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    Continental may sell ContiTech amid electric vehicle shift: report

    ContiTech, which makes industrial and automotive rubber, plastic, metal and fabric components, posted sales of about $7.2 billion in 2022.

    By • Aug. 22, 2023
  • A white building with a parking lot with cars on the front, and green landscape all around, under sunny and cloudy day.
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    Courtesy of Shinhwa Auto USA Corp.

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    Hyundai supplier to invest $114M in expanding Alabama operations

    The project will add a new production building at Shinhwa Auto USA's Auburn site and expand the driveshaft manufacturer's die-casting operations.

    By Sara Samora • Aug. 22, 2023
  • A rendering of Ford, SK On and EcoProBM's upcoming EV battery material factory in Québec.
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    Courtesy of Ford
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    Ford, SK On, EcoProBM partner on Canada EV battery facility

    The nearly $1 billion factory in Québec will produce cathode materials for the automaker and help shorten its North American supply chain.

    By Kate Magill • Aug. 18, 2023
  • Geothermal mud pots near the Salton Sea in California
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    Courtesy of Controlled Thermal Resources
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    Stellantis invests $100M in world’s largest geothermal lithium mining project

    Lithium mining company Controlled Thermal Resources developed a more environmentally friendly process to extract lithium from geothermal brine.

    By • Aug. 17, 2023
  • A worker evaluates equipment in a manufacturing facility.
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    tianyu wu via Getty Images
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    3 ways manufacturers can save on energy costs

    As prices continue to rise, companies should evaluate which equipment and facilities spend the most and consider renewable alternatives.

    By Rebecca Heilweil • Aug. 16, 2023
  • Missouri Governor Mike Parson (center) speaks with U.S. Secretary of Energy Jennifer M. Granholm following a groundbreaking ceremony Tuesday, Aug. 8, 2023 at the site of ICL’s future battery materials
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    Courtesy of ICL
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    ICL breaks ground on $400M St. Louis battery materials plant

    The Israel-based manufacturer will produce materials for LFP batteries at the 140,000-square-foot site.

    By Kate Magill • Aug. 15, 2023
  • Two people talk in a manufacturing facility.
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    TommL via Getty Images
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    What’s the state of parental leave in manufacturing?

    As manufacturers look to retain talent in a crunched labor market, more companies are evaluating their paid family leave policies. 

    By Deborah Abrams Kaplan • Aug. 14, 2023
  • A vehicle equipped with Continental brand tires.
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    Courtesy of Continental AG
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    Continental posts a 10.4% sales jump on strong tire business

    As global vehicle production recovers from supply chain setbacks, the company’s auto parts and tire business increased in Europe, China and the U.S.

    By • Aug. 11, 2023
  • A gray and jungle green building surrounded by green landscape with ray of a sunrise shining over the area.
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    Courtesy of the BMW Group.

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    How the Southeast US is preparing a battery manufacturing talent pipeline

    As states welcome new factories from companies like SK On and Hyundai, governments and universities are ramping workforce development programs to provide needed workers.

    By Sakshi Udavant • Aug. 11, 2023
  • A worker assembles Volkswagen's ID.3 electric car at a factory in Germany.
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    Jens Schlueter via Getty Images
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    Hyundai Mobis to supply Volkswagen with EV battery system assemblies

    Volkswagen’s next-generation electric vehicle platform will include the components, which will be built at a factory in Spain.

    By • Aug. 10, 2023
  • An exterior photo of the Newburgh, New York, distribution facility Tesla will lease.
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    Courtesy of Matrix Development Group
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    Tesla enhances auto parts distribution with New York facility

    The facility will serve as a hub for Tesla's East Coast vehicle parts distribution starting in October.

    By Alejandra Carranza • Aug. 9, 2023
  • A picture of a bproauto brand automotive battery.
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    Courtesy of Stellantis
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    Stellantis launches ‘bproauto’ private-label parts brand in North America

    The automaker’s second-line brand of aftermarket parts will cost less than original Mopar parts and will include components made for vehicles from other automakers.

    By • Aug. 9, 2023
  • Picture of Jim Keller, CEO of Tenstorrent, and Heung-soo Kim, executive vice president at Hyundai Motor Group.
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    Courtesy of Hyundai Motor Group
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    Hyundai, Kia invest $50M in semiconductor startup Tenstorrent

    The automaker plans to use Tenstorrent’s technology to jointly develop AI chiplets and optimized semiconductors.

    By • Aug. 8, 2023
  • Car air conditioning system with black knob and Max A/C text on top half of knob, and A/C text on bottom half of knob.
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    Leschenko for IStock via Getty Images
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    Hyundai supplier plans $170M facility in Tennessee

    Hanon Systems’ fourth U.S. facility will produce automotive thermal solutions for EV makers in North America.

    By Sara Samora • Aug. 8, 2023
  • Picture of United Auto Workers president Shawn Fain at a Stellantis assembly plant.
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    Bill Pugliano via Getty Images
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    UAW wants 46% pay hike by 2027 from GM, Ford and Stellantis

    The union is demanding a 20% upfront wage increase, followed by a 5% raise annually through 2027.

    By • Aug. 4, 2023
  • Porsche logo is displayed during the first press day at the 89th Geneva International Motor Show on March 5, 2019 in Geneva, Switzerland
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    Robert Hradil/Getty Images via Getty Images
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    Porsche eyes $3.3B EV battery plant in US

    The German luxury carmaker is also weighing options at home and in Canada for its planned factory.

    By Sebastian Obando • Aug. 3, 2023
  • Subaru Solterra all-electric SUV.
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    Scott Olson/Staff/Getty Images News via Getty Images
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    Subaru has a more aggressive EV plan

    The automaker aims to boost global battery-electric vehicle sales to 50% by 2030.

    By • Aug. 2, 2023
  • The Ford F-150 Lightning Pro electric pickup.
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    Courtesy of Ford Motor Co.
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    Ford restarts production of F-150 Lightning EV pickup truck

    The automaker is tripling its manufacturing capacity as it faces increased competition from GM and Tesla.

    By Kate Magill • Aug. 2, 2023
  • Renderings showing Kenworth T680 and Peterbilt 579 Hydrogen Fuel Cell Trucks, which have initial customer deliveries slated for 2024.
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    Courtesy of Paccar
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    Paccar projects boost in production for 2023

    Despite lingering supply chain issues, the OEM aims to build at least 290,000 Class 8 trucks for the U.S. and Canada.

    By David Taube • Aug. 2, 2023
  • Mercedes-Benz trains more than 600 data and AI specialists worldwide in 2023.
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    Permission granted by Mercedes-Benz AG
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    Mercedes-Benz invests over $2.2B in AI reskilling

    The carmaker is offering data and digitalization training to over 600 employees as auto manufacturing modernizes.

    By • Aug. 1, 2023
  • GMC Hummer EVs on the assembly line at General Motors' Factory ZERO EV plant in Detroit, Michigan.
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    Nic Antaya via Getty Images
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    GM blames automation supplier for EV production delays

    CEO Mary Barra said the third-party issue surprised the automaker, but it's "not walking away" from its 400,000 EV production target.

    By Megan Ruggles • July 31, 2023
  • A rendering of a silver building with the Vinfast logo on a baby blue background, with a parking lot in front of it.
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    Courtesy of Vinfast.

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    VinFast to break ground on first $2B phase of US plant

    The facility will be the Vietnam-based startup’s first North American location and the first automotive manufacturing plant in North Carolina.

    By Sara Samora • July 26, 2023