Suppliers: Page 4
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BMW Group taps AWS to engineer its automated driving platform
The luxury carmaker will shift engineering and operational deployment of new vehicle technologies to the cloud.
By Matt Ashare • Sept. 5, 2023 -
Plastic Omnium invests in two hydrogen vehicle sites in Michigan
The $171 million investment follows the auto parts manufacturer's $2 billion order from a major U.S. automaker earlier this year.
By Sara Samora • Sept. 5, 2023 -
Hyundai, LG Energy to invest additional $2B in Georgia battery cell plant
The latest investment adds to the $4.3 billion commitment announced in May and will create 400 more jobs.
By Sara Samora • Sept. 5, 2023 -
Energy Department announces $15.5B to support EV transition, grow domestic battery manufacturing
The Biden administration is rejecting “the false choice between a good job and a green job,” United Auto Workers President Shawn Fain said in a statement.
By Robert Walton • Sept. 1, 2023 -
Hyundai, Korea Zinc, sign deal to establish nickel supply chain
The companies will jointly source nickel raw material and processing, invest in mining projects and explore new business opportunities like battery recycling.
By Eric Walz • Aug. 31, 2023 -
Volkswagen revamps semiconductor sourcing as it eyes future supply
The move comes as microchips have become integral to the automaker's supply chain.
By Ben Unglesbee • Aug. 30, 2023 -
GM, Google Cloud bringing AI to millions of vehicles
The partnership builds on General Motors’ OnStar Interactive Virtual Assistant, which launched in 2022.
By Eric Walz • Aug. 30, 2023 -
Unifor members approve strike against GM, Ford, Stellantis
About 18,000 Canadian autoworkers voted overwhelmingly to walk off the job if the union can’t make a deal with the Big Three.
By Michael Brady • Aug. 28, 2023 -
UAW, Ultium Cells agree to 25% wage increase
After six months, production operators at Ultium Cells will make $21 per hour, which would have taken seven years to reach before the agreement.
By Eric Walz • Aug. 28, 2023 -
Inflation Reduction Act: mapping the manufacturing law’s impact 1 year later
Investments focused on electric vehicle or battery manufacturing represented more than 60% of the publicly announced projects linked to the IRA.
By Kate Magill , Julia Himmel • Aug. 28, 2023 -
Hyundai investing $290M to upgrade Alabama assembly plant
The investment will prepare the facility to produce the fifth generation of its Santa Fe gas-powered sport utility vehicle.
By Sara Samora • Aug. 24, 2023 -
Stellantis picks AGI to install EV chargers at US dealerships
The automaker wants to prepare over 2,600 dealers to sell and service electric vehicles.
By Eric Walz • Aug. 24, 2023 -
Battery startup Northvolt raises $1.2B for Europe, North America expansion
The company, co-founded by former Tesla executives, has over $55 billion in electric vehicle battery orders from major automakers, including BMW, Volvo Cars and Volkswagen Group.
By Eric Walz • Aug. 23, 2023 -
UAW strike would have domino effect on suppliers
Many auto suppliers, already experiencing economic instability, are unprepared for a strike and may turn to layoffs to deal with a work stoppage.
By Kalena Thomhave • Aug. 22, 2023 -
Continental may sell ContiTech amid electric vehicle shift: report
ContiTech, which makes industrial and automotive rubber, plastic, metal and fabric components, posted sales of about $7.2 billion in 2022.
By Eric Walz • Aug. 22, 2023 -
Hyundai supplier to invest $114M in expanding Alabama operations
The project will add a new production building at Shinhwa Auto USA's Auburn site and expand the driveshaft manufacturer's die-casting operations.
By Sara Samora • Aug. 22, 2023 -
Continental, AWS aim to accelerate automotive software development with virtual tools
The auto supplier and Amazon Web Services said the virtual Electronic Control Unit Creator could reduce development time by up to 12 months.
By Eric Walz • Aug. 18, 2023 -
Ford, SK On, EcoProBM partner on Canada EV battery facility
The nearly $1 billion factory in Québec will produce cathode materials for the automaker and help shorten its North American supply chain.
By Kate Magill • Aug. 18, 2023 -
Stellantis invests $100M in world’s largest geothermal lithium mining project
Lithium mining company Controlled Thermal Resources developed a more environmentally friendly process to extract lithium from geothermal brine.
By Eric Walz • Aug. 17, 2023 -
ICL breaks ground on $400M St. Louis battery materials plant
The Israel-based manufacturer will produce materials for LFP batteries at the 140,000-square-foot site.
By Kate Magill • Aug. 15, 2023 -
Continental posts a 10.4% sales jump on strong tire business
As global vehicle production recovers from supply chain setbacks, the company’s auto parts and tire business increased in Europe, China and the U.S.
By Eric Walz • Aug. 11, 2023 -
Hyundai Mobis to supply Volkswagen with EV battery system assemblies
Volkswagen’s next-generation electric vehicle platform will include the components, which will be built at a factory in Spain.
By Eric Walz • Aug. 10, 2023 -
Railroads, car haulers scramble to meet auto delivery demands
Automakers have complained of delayed vehicle deliveries to dealerships. Rail carriers say they are fixing the problems, while trucking tries to seize an opportunity.
By Larry Avila • Aug. 10, 2023 -
Stellantis launches ‘bproauto’ private-label parts brand in North America
The automaker’s second-line brand of aftermarket parts will cost less than original Mopar parts and will include components made for vehicles from other automakers.
By Eric Walz • Aug. 9, 2023 -
Hyundai, Kia invest $50M in semiconductor startup Tenstorrent
The automaker plans to use Tenstorrent’s technology to jointly develop AI chiplets and optimized semiconductors.
By Eric Walz • Aug. 8, 2023