EVs
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Ford eases dealer requirements to sell EVs after pushback
Dealers complained about the financial commitment of the automaker’s Model e EV program, which could be as high as $1.2 million.
By Eric Walz • Nov. 22, 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 -
GM tightens control over EV delivery startup BrightDrop
The move brings all of GM’s commercial digital solutions, including BrightDrop Core, into its commercial product and business services unit GM Envolve.
By Eric Walz • 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 -
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 -
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 -
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 -
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 -
GM buys gigacasting company with Tesla ties
Tooling & Equipment International worked with Tesla to streamline vehicle manufacturing before General Motors acquired the company.
By Eric Walz • Nov. 16, 2023 -
Buc-ee’s joins Mercedes-Benz EV charging network
The initial rollout will include chargers at 30 of the retailer’s travel centers by the end of 2024.
By Brett Dworski • Nov. 15, 2023 -
UAW strike had little impact on new car prices, Kelley Blue Book says
Transaction prices rose significantly for some strike-affected brands such as Chevrolet, Chrysler and Dodge, while Ford, Jeep and Ram saw drops as those brands boosted incentives.
By Eric Walz • Nov. 15, 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 -
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 Eric Walz • Nov. 14, 2023 -
Stellantis offers buyouts to 6,400 employees after UAW deal
The buyout offers are being sent to more than half of the automaker’s 12,700 salaried employees in the U.S. with at least five years of corporate service.
By Eric Walz • Nov. 14, 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 -
Automakers warn NHTSA proposal creates de facto occupancy detection mandate
The National Highway Traffic Safety Administration’s seat belt reminder rule will also annoy or confuse drivers, an auto industry group says.
By Michael Brady • Nov. 10, 2023 -
Rivian sees post-purchase experience as key electric vehicle differentiator
CEO RJ Scaringe believes Rivian’s software capabilities and user experience will help it stand out from the competition.
By Bryan Wassel • Nov. 9, 2023 -
Deep Dive
EV sales are rising. So why are automakers nervous?
Slower sales growth, lower prices and growing inventories have spooked carmakers, leading some to reconsider their electric vehicle plans to bolster their finances.
By Michael Brady • Nov. 9, 2023 -
Lucid Group names Marc Winterhoff as first-ever COO
The EV startup named a chief operating officer after reducing its full-year production guidance to adjust to dwindling demand for its Lucid Air sedan.
By Eric Walz • Nov. 8, 2023 -
Installing AM radio in EVs could cost automakers $3.8B
The costs stem from mitigating electromagnetic interference caused by electric vehicle propulsion systems, a Center for Automotive Research report says.
By Michael Brady • Nov. 8, 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 -
Autoworkers in Canada approve labor agreement with Stellantis
The three-year collective bargaining agreements cover about 8,200 autoworkers, including two assembly plants in Windsor and Brampton, as well as the Etobicoke Casting Plant.
By Michael Brady • Nov. 7, 2023