Manufacturing: Page 16
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A more aggressive UAW bargains with the Big Three
The union is demanding an end to tiered wage structures, the reinstatement of cost-of-living allowances and stronger job security amid the shadow of the transition to electric vehicles.
By Kalena Thomhave • July 26, 2023 -
Stellantis, Samsung SDI plan second US gigafactory
The automaker is shoring up battery manufacturing capacity to meet its EV production targets.
By Megan Ruggles • July 25, 2023 -
Foxconn to take 50% stake in ZF Group’s passenger vehicle chassis unit
The move is part of Foxconn’s diversification strategy, which includes expanding its automotive business and taking a 5% share of the global EV market by 2025.
By Eric Walz • July 25, 2023 -
Tesla reports highest ever quarterly revenue of $24.9B in Q2
CEO Elon Musk said the company is also talking with major automakers to license Tesla’s Full Self-Driving autonomous driving technology.
By Eric Walz • July 21, 2023 -
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 -
Mercedes-Benz brings ChatGPT to factories
The automaker is piloting the technology in its production process ahead of a global rollout.
By Kate Magill • July 19, 2023 -
Ford cuts electric F-150 Lightning MSRPs by up to nearly $10K
The automaker said it cut prices on its electric pickup lineup amid lower battery raw material costs and improved production efficiencies.
By Eric Walz • July 18, 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 -
Audi deploys new cloud-based IT system in Germany factory
The new control system paves the way for software and tools that support workers and vehicle diagnostics, predict maintenance needs and lower energy use, executives said.
By Michael Brady • 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 -
Kia to invest over $200M in Georgia plant expansion
The West Point expansion will enable the automaker to produce its first electric vehicle in North America.
By Sara Samora • 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 -
Renault, Geely form joint venture for powertrain technology
The joint venture aims to produce up to 5 million low-emissions internal combustion, hybrid and plug-in hybrid engines per year for multiple OEMs.
By Eric Walz • July 12, 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 -
Stellantis unveils global EV platform with driving ranges of up to 435 miles
The STLA Medium electric vehicle platform features a 400-volt electrical architecture and will underpin passenger cars, crossovers and SUVs.
By Eric Walz • July 7, 2023 -
US new car sales to reach 15M vehicles in 2023: Cox Automotive
Higher new-vehicle inventory levels have helped to boost sales, with June up 70% year-over-year.
By Eric Walz • June 30, 2023 -
Energy Department to release $2B in EV manufacturing grants
The grant program will prioritize retooling plants that face closure and help automakers tackle the cost of electric vehicle production.
By Megan Ruggles • June 30, 2023 -
BMW breaks ground on $700M South Carolina battery assembly plant
The factory is part of the German automaker’s $1.7 billion investment to produce fully electric vehicles.
By Sara Samora • June 29, 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