Suppliers: Page 5
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Toyota to buy EV battery company, ending venture with Panasonic
The automaker expects Primearth EV Energy Co. to help it respond to changes in demand for electrified vehicles.
By Michael Brady • March 6, 2024 -
Hyundai moves up Georgia EV factory timeline
The new plant will now begin production in Q4 of this year, months earlier than expected.
By Sara Samora • March 5, 2024 -
Fisker seeks deal with major automaker as survival is in question
The automaker also plans to streamline operations and slash its staff by 15% after losing $464 million in Q4.
By Michael Brady • March 1, 2024 -
Biden administration scrutinizes China’s links to connected vehicle supply chains
The Commerce Department is exploring whether to regulate transactions with China-linked firms supplying automakers with goods, technology or services for their connected cars.
By Edwin Lopez • Feb. 29, 2024 -
Samsung, Magna, Allison Transmission invest $25M in Niron Magnetics
The startup is developing more sustainable and affordable rare earth-free permanent magnets, which can be used for EV motors and other applications, the company says.
By Eric Walz • Feb. 28, 2024 -
Panasonic Energy fortifies battery supply chain with new graphite deal
Nouveau Monde Graphite is also growing its capacity as more battery companies and automakers secure additional suppliers for their North American supply chains.
By Kate Magill • Feb. 27, 2024 -
EnerSys plans South Carolina lithium-ion battery factory
The plant is part of an agreement with France-based battery maker Verkor, which produces batteries for automaker Renault Group’s premium and Alpine electric models.
By Joelle Anselmo • Feb. 26, 2024 -
TBC’s first chief supply chain officer will help company leverage tech, data
The automotive tire distributor appointed Chris Stearman to manage its end-to-end operations, including manufacturing, distribution and procurement.
By Kelly Stroh • Feb. 23, 2024 -
LG Energy Solution, WesCEF expand lithium supply deal
The partnership will supply the battery maker's North American manufacturing sites and produce more IRA-compliant vehicles.
By Kate Magill • Feb. 22, 2024 -
EV battery plant construction booms even as automakers hit the brakes
The U.S. may need 60 billion batteries and 40 large-scale gigafactories to meet EV demand in 2030, one expert said.
By Sebastian Obando • Feb. 21, 2024 -
Continental to ‘streamline’ R&D staff amid corporate overhaul
The automotive supplier also plans to develop new technologies for software-defined vehicles.
By Michael Brady • Feb. 16, 2024 -
Panasonic, Novonix sign synthetic graphite supply deal
The deal will help the battery maker as it opens its Kansas factory, which is expected to supply automakers like Tesla and Mazda.
By Kate Magill • Feb. 15, 2024 -
BorgWarner inks manufacturing deal with BYD subsidiary
The auto supplier will use FinDreams Battery’s LFP battery pack design and manufacturing process in Europe, the Americas and parts of the Asia-Pacific region.
By Sara Samora • Feb. 13, 2024 -
Honda’s US sales up 36% last quarter
Despite below-average discounts, the automaker grew its U.S. market share significantly.
By Michael Brady , Eric Walz • Feb. 9, 2024 -
GM hires former Tesla exec to lead EV battery strategy
Kurt Kelty was heavily involved in creating Tesla’s first Gigafactory and has been working on lithium-ion batteries since he worked at Panasonic in 1993.
By Michael Brady • Feb. 9, 2024 -
GM Envolve to offer FreeWire EV charging to fleet customers
The automaker’s fleet, delivery and energy operation aims to streamline the vehicle electrification process for its customers.
By Brian Martucci • Feb. 9, 2024 -
Nissan’s profits plunged 43% in Q3
Logistics issues on the U.S.-Mexico border held the automaker's sales back in the quarter, CFO Stephen Ma said.
By Michael Brady • Feb. 8, 2024 -
EU passes domestic clean energy act, trailing US supply chain and climate bills
The European Commission agreed to the Net-Zero Industry Act to increase domestic manufacturing, following similar domestic production acts passed by the U.S.
By Lamar Johnson • Feb. 8, 2024 -
GM, LG Chem ink $19B cathode material supply deal
The South Korea-based chemical maker will supply the automaker with enough CAM to power five million EVs.
By Ben Unglesbee • Feb. 7, 2024 -
Energy Department opens battery R&D funds for sodium-ion
The $15.7 million will also go towards projects using smart manufacturing technologies to lower the cost of battery production.
By Joelle Anselmo • Feb. 6, 2024 -
Renault Group cancels Ampere IPO
The automaker planned to spin off its EV and software business in the first half of 2024.
By Eric Walz • Jan. 31, 2024 -
Wieland to expand Illinois copper production plant
The project will help increase the production of critical components used in EVs and EV charging infrastructure.
By Joelle Anselmo • Jan. 30, 2024 -
Automotive industry outlook for 2024
Executives are adjusting plans as they deal with economic headwinds, a web of federal mandates and the fallout of the United Auto Workers deal.
By Michael Brady • Jan. 30, 2024 -
Stellantis acquires CloudMade’s AI technology for software-defined vehicles
More than 40 engineers and software developers will join the automaker as part of the deal.
By Michael Brady • Jan. 26, 2024 -
SK Battery America cited for safety, health hazard violations at Georgia plant
The Labor Department found the battery maker exposed workers to hazardous conditions when working with nickel, cobalt and manganese.
By Sara Samora • Jan. 25, 2024