Manufacturing: Page 8

  • Solar panels and wind turbines in the desert producing renewable energy.
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    narvikk via Getty Images
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    Treasury releases guidance on IRA clean energy tax credits

    Battery manufacturers can receive a tax credit on a percentage of their production costs until 2033.

    By Joelle Anselmo • Dec. 15, 2023
  • The Lucid Gravity.
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    Courtesy of Lucid Group
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    Lucid CFO resigns in latest leadership shakeup

    The news comes weeks after the company unveiled its Gravity SUV and days after the automaker was removed from the Nasdaq-100 Index.

    By • Dec. 14, 2023
  • A Honda associate does a quality check on a 2023 Honda CR-V.
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    Courtesy of American Honda Motor Co., Inc.
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    Autoworkers accuse Honda, VW and Hyundai of retaliating against unionization efforts

    The workers said they are filing unfair labor complaints against the three companies as they try to rally support to join the United Auto Workers union.

    By • Dec. 12, 2023
  • The Cunningham battery energy storage facility in Texas seen from above
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    Courtesy of Acciona Energia
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    Lithium-ion battery prices hit record low, drop 14% from 2022: BloombergNEF

    Prices rose last year for the first time since 2010, then dropped sharply thanks to factors including increased production capacity, the firm said.

    By Diana DiGangi • Dec. 5, 2023
  • GM Defense’s Heavy-Duty Sport Utility Vehicle
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    Courtesy of General Motors
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    GM lands 10-year contract to build armored SUVs for State Department

    The automaker is revamping the manufacturing process to improve build and delivery times. 

    By • Dec. 4, 2023
  • 2023 Ford F-Series Super Duty pickups on the assembly line at Ford's Kentucky Truck Plant.
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    Courtesy of Ford Motor Co.
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    Ford says new UAW contract will cost $8.8B

    The automaker estimates its new labor contract with the United Auto Workers union will cost around $900 per vehicle by 2028.

    By • Dec. 1, 2023
  • Two workers inspect a vehicle body on the assembly line at Toyota Motor Manufacturing Kentucky.
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    Courtesy of Toyota Motor North America
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    Thousands of nonunion autoworkers launch campaign to join UAW

    The massive union drive covers nearly 150,000 autoworkers from at least 13 companies, including Toyota, Honda, Hyundai and Mercedes-Benz.

    By • Nov. 30, 2023
  • Cargo is being loaded onto a 777 freighter aircraft
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    Courtesy of DB Schenker
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    Auto industry eyes air freight to trim backlogs post-UAW strike

    Suppliers and OEMs are prioritizing shipping speed and reliability to aid their supply chain recovery, industry experts say.

    By Kelly Stroh • Nov. 30, 2023
  • An aerial view of Hyundai's new electric vehicle factory in Ulsan, South Korea.
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    Courtesy of Hyundai Motor Group
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    Hyundai to pause construction of its South Korea factory to build EV plant

    With Hyundai investing billions of dollars in electrification, the automaker is focused on starting construction of its new EV factory in Ulsan, South Korea.

    By • Nov. 28, 2023
  • Stellantis employees assembling doors.
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    Retrieved from Stellantis on October 18, 2023
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    UAW strikes: What’s next for auto supply chains after labor deals?

    As automakers ramp up production efforts, labor challenges and geopolitical risks may continue to plague operations, according to industry experts.

    By Kelly Stroh • Nov. 28, 2023
  • Northvolt engineers inspect a sodium ion battery sample.
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    Courtesy of Northvolt
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    Northvolt develops an advanced sodium-ion battery

    The battery, which does not contain rare earth materials, was validated to have an energy density of over 160 watt-hours per kilogram.

    By • Nov. 27, 2023
  • A white building with grass and a road in front of it, and a gray ZF sign on the right.
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    Courtesy of ZF Group.

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    BMW supplier plans $500M South Carolina facility expansion

    ZF Group's investment will upgrade the transmission plant's equipment to keep pace with automakers' EV plans.

    By Sara Samora • Nov. 27, 2023
  • Two employees at Redwood Materials disassemble batteries for recycling.
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    Courtesy of Redwood Materials
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    Toyota to source recycled EV battery materials from Redwood Materials

    The automaker will use recycled materials to produce batteries at its forthcoming North Carolina EV battery manufacturing plant.

    By • Nov. 22, 2023
  • A silver EV battery module being assembled.
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    Courtesy of Ford.

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    Ford resumes Michigan EV battery plant construction — but scaled down

    The slow adoption of EVs made the automaker reevaluate its investments, a Ford spokesperson said.

    By Sara Samora • Nov. 21, 2023
  • A worker inspects Nissan Pathfinder SUV at the company's Smyrna Vehicle Assembly Plant in Tennessee.
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    Courtesy of Nissan North America, Inc.
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    Nissan raising wages 10% for 9,000 US production workers

    Honda, Hyundai, Subaru and Toyota have also promised to increase pay for nonunion workers since the United Auto Workers struck deals with the Big Three.

    By • Nov. 21, 2023
  • An LG Energy Solution site.
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    Courtesy of LG Energy Solution
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    LG Energy Solution to lay off 170 in Michigan

    The company said slower-than-expected EV demand contributed to the cuts.

    By Kate Magill • Nov. 20, 2023
  • The 2024 Subaru Crosstrek Wilderness SUV.
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    Courtesy of Subaru of America, Inc.
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    Subaru to raise wages after similar moves by nonunionized automakers

    The decision impacts Subaru’s sole U.S. assembly plant in Lafayette, Indiana, which employs over 5,600 workers and currently builds the Ascent, Crosstrek, Legacy and Outback models.

    By • Nov. 20, 2023
  • United Auto Workers President Shawn Fain at the Stellantis Sterling Heights Assembly Plant in Michigan.
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    Bill Pugliano/Stringer/Getty Images North America via Getty Images
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    UAW ratifies labor agreements with Ford, Stellantis

    The United Auto Workers union says 64% of voting members across General Motors, Ford and Stellantis approved the landmark labor agreements.

    By • Updated Nov. 20, 2023
  • The Goodyear Blimp flying.
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    Courtesy of Goodyear
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    Goodyear CEO to retire as tiremaker overhauls corporate strategy

    The company’s transformation plan includes exploring strategic alternatives for its Dunlop brand and chemical and off-road tire businesses, which it hopes will raise over $2 billion in gross proceeds.

    By • Nov. 17, 2023
  • A lithium battery for EVs.
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    SweetBunFactory via Getty Images
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    Energy Department offers $3.5B for battery manufacturing

    The funding from the Bipartisan Infrastructure Law will go towards new, retrofitted and expanded battery and critical mineral production sites.

    By Kate Magill • Nov. 16, 2023
  • A Michelin tire on a blue car.
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    Sara Samora/Automotive Dive
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    Michelin to lay off 1,400 employees, end tire production in Oklahoma

    The site couldn’t keep up with the evolving automotive market and is set to wind down operations starting next year.

    By Sara Samora • Nov. 16, 2023
  • United Auto Workers President Shawn Fain speaks to auto workers.
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    Scott Olson/Staff/Getty Images North America via Getty Images
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    UAW members vote to approve GM labor deal despite opposition

    Nearly 55% of autoworkers represented by the United Auto Workers at General Motors voted “yes” to approve the deal, but 13 facilities rejected it.

    By • Nov. 16, 2023
  • Model Y bodies on the assembly line at Tesla's Gigafactory in Texas.
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    Courtesy of Tesla Inc.
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    GM buys gigacasting company with Tesla ties

    Tooling & Equipment International worked with Tesla to streamline vehicle manufacturing before General Motors acquired the company.

    By • Nov. 16, 2023
  • volvo-logo
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    (Photo by Joe Raedle/Getty Images) via Getty Images
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    Volvo acquires Proterra’s EV battery business

    The automaker purchased the electric bus maker's battery segment three months after the startup declared bankruptcy.

    By Joelle Anselmo • Nov. 15, 2023
  • A worker assembles an engine at Hyundai Motor Manufacturing Alabama.
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    Courtesy of Hyundai Motor Group
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    Hyundai is raising wages 25% by 2028 for production workers

    The pay hikes will impact employees at the automaker’s assembly plant in Alabama and its electric vehicle factory in Georgia, which is under construction.

    By • Nov. 14, 2023