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

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

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

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

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 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

Texas ready to invest $1.4B in state chip industry

The new funds would complement federal efforts to promote domestic semiconductor manufacturing.

By Sara Samora • June 14, 2023