Continental to spin off user experience unit

The plans are part of the auto supplier’s strategy to reduce costs of its automotive business by 400 million euros a year starting in 2025.

By Eric Walz • Dec. 5, 2023

New IRA guidance limits battery components made in China

The long-awaited proposed guidelines clarify how the law’s “foreign entity of concern” requirements will impact automakers’ ability to qualify for EV tax credits.

By Kate Magill • Dec. 1, 2023

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

Toyota to sell $4.7B stake in Denso by year-end: Reuters

The sale would help free up funds for the automaker to further invest in electric vehicle development.

By Eric Walz • Nov. 29, 2023

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 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 Eric Walz • Nov. 27, 2023

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

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 Eric Walz • Nov. 22, 2023

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

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

Cruise CEO resigns amid safety probes into company’s robotaxis

The company’s robotaxi fleet remains grounded in California after one of the vehicles struck a pedestrian in downtown San Francisco in early October.

By Eric Walz • Nov. 20, 2023

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 Michael Brady • Updated Nov. 20, 2023

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 Michael Brady • Nov. 17, 2023

EG Group buys Tesla hardware for European charging network

This is the second time Tesla has sold its ultra-fast EV chargers to the convenience store industry. The automaker struck a deal with BP in October.

By Jessica Loder • Nov. 17, 2023

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

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 Michael Brady • Nov. 16, 2023

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

Continental to lay off thousands of automotive employees in restructure

The supplier plans to cut automotive spending by over $400 million annually as it restructures its business amid the transition to electric vehicles.

By Michael Brady • Nov. 13, 2023

GM, Stellantis VC arms invest in rare earth-free magnet company

Niron Magnetics’ technology is more environmentally friendly and could reduce automakers’ dependence on China.

By Eric Walz • Nov. 10, 2023

Redwood Materials to recycle 4.6 MWh first-generation battery system from Hawaii substation

The successful decommissioning could serve as an industry model for future, gigawatt-scale projects, according to the company.

By Kavya Balaraman • Nov. 8, 2023

Hyundai’s EV manufacturing campus draws 3 more suppliers to Georgia

The latest auto parts manufacturing investments will help supply the automaker with armrests, headrests, chassis and body parts, and seat frames for electric vehicles.

By Sara Samora • Nov. 7, 2023

GM to invest another $2B in EVs under UAW deal

The additional funds are part of the automaker’s plans to invest more than $13 billion in electric and internal combustion vehicle production in the U.S.

By Michael Brady • Nov. 6, 2023

Epsilon Advanced Materials to build $650M graphite anode facility in North Carolina

The plant will start producing high-capacity anode materials in 2026 and use green technologies to make enough materials to power 1.10 million electric vehicles by 2030.

By Joelle Anselmo • Nov. 3, 2023

LG Energy Solution plans to make Arizona a hub for cylindrical battery production

The company is pivoting its manufacturing strategy in a bid to match U.S. demand.

By Kate Magill • Nov. 1, 2023

UAW wins big concessions from Big Three. Are foreign automakers next?

If the United Auto Workers organize nonunion companies like Tesla and Toyota, it would create a more even playing field for General Motors, Ford and Stellantis, one expert said.

By Kalena Thomhave • Oct. 31, 2023