EVs: Page 3
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Tesla’s profits decline 44% in Q3 thanks to aggressive price cuts
The automaker doesn’t expect the upcoming launch of the Cybertruck to boost the company’s revenue anytime soon.
By Eric Walz • Oct. 19, 2023 -
BMW secures new battery material supplier in Canada
A new partnership with Umicore and added South Carolina production are scaling the automaker's EV supply chain strategy.
By Kate Magill • Oct. 19, 2023 -
Stellantis has until Oct. 29 to strike a deal with autoworkers in Canada
Unifor, a union representing more than 8,200 Stellantis workers, is also negotiating for future product commitments at its Brampton Assembly plant related to the electric vehicle transition.
By Michael Brady • Oct. 18, 2023 -
OSHA proposes $270K in fines against GM, LG Energy Solution battery company
The federal agency discovered 19 health and safety violations at Ultium Cells’ Ohio facility, including exposing workers to dangerous chemicals used to produce batteries.
By Sara Samora • Oct. 17, 2023 -
Ford furloughs 700 autoworkers at F-150 Lightning plant, 106 more at Sterling Axle
Ford curbed F-150 Lightning production due to supply chain disruptions and delivery delays unrelated to the United Auto Workers strike. It also furloughed more workers due to the strike.
By Eric Walz • Oct. 17, 2023 -
Opinion
As EV cyber risks rise, careful procurement planning can prevent headaches
Unsecured electric vehicle charging stations may introduce malicious software to EVs, creating cybersecurity and liability risks for companies building their own charging networks.
By Arjun Ramadevanahalli • Oct. 13, 2023 -
Top automotive industry conferences in 2024
Upcoming events will touch on electric vehicles, autonomous vehicles, software-defined vehicles, supply chain management and more.
By Michael Brady • Updated Oct. 12, 2023 -
BMW, Mercedes-Benz EV sales jump in Q3, as Tesla loses market share
BMW Group’s electric vehicle sales shot up 79.6% in Q3, while Mercedes-Benz saw its EV sales climb 66%.
By Eric Walz • Oct. 12, 2023 -
Stellantis, Samsung SDI to build $3.2B EV battery factory in Indiana
The site will be the manufacturers’ second joint StarPlus Energy facility in Kokomo.
By Sara Samora • Oct. 11, 2023 -
Nissan names new manufacturing leaders at Mississippi, Tennessee plants
Company veterans David Sliger and Victor Taylor are taking on new roles as the automaker pushes to grow its U.S. electric vehicle manufacturing capacity.
By Sara Samora • Oct. 11, 2023 -
LG Energy Solution invests $3B in US battery manufacturing expansion
The extra capacity will help the battery maker supply Toyota with lithium batteries in a new supply deal.
By Kate Magill • Oct. 10, 2023 -
How the UAW strike is impacting supplier operations
The strike has caused some down-tier suppliers to hold inventory, while others may see cash flow delays.
By Kelly Stroh • Oct. 9, 2023 -
Rolls-Royce CEO to retire next month
Chris Brownridge, the automaker’s new CEO, will implement Rolls-Royce’s plan to sell electric vehicles exclusively by 2030.
By Michael Brady • Oct. 9, 2023 -
GM to cover EV battery plants under UAW master agreement, Fain says
The United Auto Workers union had threatened to strike the automaker’s Arlington Assembly plant in Texas shortly before General Motors agreed to the concessions.
By Michael Brady • Oct. 6, 2023 -
Are EV tax credits too hard to use? The Biden administration thinks so.
In January, car shoppers will be able to transfer their clean vehicle tax credits to dealers to lower the purchase price of electrified vehicles.
By Michael Brady • Oct. 6, 2023 -
Automakers need help developing vehicle software, digital services: Deloitte
Vehicle manufacturers should be more like smartphone makers, inviting third parties and startups to develop software to maximize the value of their cars and trucks.
By Eric Walz • Oct. 5, 2023 -
Nevada is an EV battery gold mine
Home to one of the country’s largest active lithium deposits, the state is becoming a hot spot for EV and battery manufacturing.
By Sakshi Udavant • Oct. 5, 2023 -
Manufacturing remains in a trough, but signs of relief are showing: PMI
Companies are shifting from layoffs to attrition and hiring freezes to manage headcount, as companies note greater optimism for future growth in the industry.
By Kate Magill • Oct. 4, 2023 -
4 ways ‘cars are the worst’ for privacy
All 25 brands studied by Mozilla earned its “*Privacy Not Included” warning label, the open-source nonprofit said.
By Michael Brady • Oct. 4, 2023 -
Rivian deliveries up 23% in Q3
The automaker exceeded analysts' expectations, delivering 15,564 vehicles in Q3, up from 12,640 vehicles in Q2.
By Michael Brady • Oct. 3, 2023 -
Tesla misses Q3 delivery expectations
Factory upgrades this summer slowed vehicle production, the electric automaker said.
By Michael Brady • Oct. 2, 2023 -
EVs could reach 86% of global vehicle sales by 2030
Although electric vehicles took roughly six years to get from 1% to 10% of global market share, it will take just six more years to reach 80% adoption, an RMI report says.
By Eric Walz • Oct. 2, 2023 -
Suppliers say automakers must balance sustainability with safety, costs
Greater standardization of targets and measures would help the automotive industry reach net-zero emissions globally by 2050, a Center for Automotive Research report says.
By Michael Brady • Oct. 2, 2023 -
Northvolt to build $5B battery factory in Canada
The Montreal plant will be the Swedish battery maker's first manufacturing site outside of Europe.
By Kate Magill • Oct. 2, 2023 -
Honda dreams of net zero emissions with first all-electric SUV campaign
“Keep Dreaming” introduces the 2024 Prologue and showcases the company’s history of innovation and commitment to global carbon neutrality.
By Chris Kelly • Oct. 2, 2023