Suppliers: Page 11
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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 Eric Walz • Aug. 17, 2023 -
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 -
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 Eric Walz • Aug. 11, 2023 -
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 Eric Walz • Aug. 10, 2023 -
Railroads, car haulers scramble to meet auto delivery demands
Automakers have complained of delayed vehicle deliveries to dealerships. Rail carriers say they are fixing the problems, while trucking tries to seize an opportunity.
By Larry Avila • Aug. 10, 2023 -
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 Eric Walz • Aug. 9, 2023 -
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 Eric Walz • Aug. 8, 2023 -
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 -
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 -
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 -
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 -
Waymo redirects focus to self-driving cars at the expense of trucking
The tech company, under Google parent firm Alphabet, is pushing back its timeline and operations for commercializing autonomous tractor-trailers.
By David Taube • July 27, 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 -
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 -
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 -
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 -
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 -
LG plans to double its automotive electronics business to $15.6B by 2030
As modern vehicles become more like smartphones with software, digital displays and connectivity features, companies like LG, Nvidia and Qualcomm are expanding into the automotive sector.
By Eric Walz • July 13, 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