Suppliers
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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 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 -
Toyota to expand North Carolina EV battery plant with $8B investment
The latest investment will create nearly 3,000 more jobs and increase capacity to support the automaker’s EV models.
By Sara Samora • Oct. 31, 2023 -
Stellantis, Unifor reach tentative agreement, ending autoworkers strike in Canada
The automaker agreed to largely the same terms as Ford Motor Co. and General Motors, raising base wages 20% for production workers and 25% for skilled trades.
By Michael Brady • Oct. 30, 2023 -
The Ford-UAW deal features $8B in plant upgrades. Here’s where the money’s going.
The investments will include the introduction of new EV models at four facilities.
By Kate Magill • Oct. 30, 2023 -
BP buys $100M worth of Tesla chargers
The deal will add new EV charging stations to the company’s convenience store chains. It’s the first time Tesla’s hardware has been bought for use on an independent charging network, BP said.
By Jessica Loder • Oct. 30, 2023 -
UAW ends strike against Stellantis, hits GM with surprise 4,000 worker strike
The Stellantis deal is similar to the United Auto Workers agreement with Ford Motor Co., raising autoworkers’ base wages 25% over four-and-a-half years.
By Michael Brady • Oct. 28, 2023 -
Ford, UAW reach tentative agreement to end strike
General Motors and Stellantis autoworkers could also receive significant raises if the union pressures them to meet or exceed Ford’s latest offer to raise top wages by more than 30% over the next four years.
By Eric Walz • Oct. 26, 2023 -
Umicore to build battery materials plant in Ontario
The company has already secured a supply partnership with BMW for components produced at the facility.
By Joelle Anselmo • Oct. 24, 2023