Industry Focus Areas, Motorized Vehicle
September 13, 2023
Via: Alliance for American ManufacturingChina will likely be the world’s largest auto exporter in 2023, but it’s a title that comes with dubious glory. For decades, European, American and Japanese cars have dominated world auto exports, but massive auto overcapacity in China has made […]
Industry Focus Areas, Motorized Vehicle
September 7, 2023
Via: Tech TimesTesla’s Gigafactory Shanghai has reached a remarkable milestone by producing its two millionth electric vehicle (EV). This significant accomplishment solidifies Gigafactory Shanghai’s position as the most productive EV factory globally, surpassing even Tesla’s Fremont Factory. A Rapid Ascent to the […]
Industry Focus Areas, Motorized Vehicle
September 6, 2023
Via: Transport TopicsDaimler Truck Holding, Accelera by Cummins and Paccar are forming a joint venture to build a battery plant in the U.S. to help accelerate production of electric trucks. The factory is expected to cost between $2 billion and $3 billion […]
Industry Focus Areas, Motorized Vehicle
August 30, 2023
Via: Electronics WeeklyNext year, Auto-talks, the V2X specialist, and Hyundai Mobis intend market their latest joint effort: Hyundai Mobis’ MTCU (Multi-functional Telematics Control Unit) connectivity modules. MTCU Gen1 supports Day-1 V2X services in all geographies. Powered by Autotalks’ V2X chipset, the MTCU […]
Industry Focus Areas, Motorized Vehicle
August 29, 2023
Via: Transport TopicsToyota Motor Corp. said it will gradually resume operations at its 14 domestic plants Aug. 30 after a system malfunction suspended production, a rare glitch for the world’s biggest carmaker as it rushes to reboot its famed production system. The […]
Industry Focus Areas, Motorized Vehicle
August 15, 2023
Via: Transport TopicsVinFast Auto Ltd. soared in its debut as a public company, vaulting its market capitalization beyond that of General Motors Co. and Ford Motor Co., as traders flipped shares of the electric vehicle maker. The Vietnamese company, which went public […]
Industry Focus Areas, Motorized Vehicle
August 8, 2023
Via: Transport TopicsRivian Automotive Inc. expects heavy losses to continue as it boosts production plans for the year and works to reestablish itself as a rising player in the increasingly crowded EV market. The company will build about 52,000 vehicles in 2023, […]
Industry Focus Areas, Motorized Vehicle
August 1, 2023
Via: Transport TopicsFord Motor Co. restarted production of the F-150 electric Lightning pickup truck as price cuts stoke higher demand from buyers. Customers have had to wait on orders as Ford restocked vehicles after battery issues halted production at the plant this […]
Industry Focus Areas, Motorized Vehicle
July 31, 2023
Via: Transport TopicsAccording to fleet executives as well as fleet maintenance managers, the death of the internal combustion engine may prove to be greatly exaggerated in spite of the excitement about electric powertrains. Industry leaders have been working to give the basic […]
Industry Focus Areas, Motorized Vehicle
July 24, 2023
Via: Transport TopicsA date has been set for North Carolina’s first car manufacturing plant to officially break ground. On July 28, VinFast will launch formal construction of its planned $4 billion electric vehicle production and assembly plant, near the Chatham County town […]
Industry Focus Areas, Motorized Vehicle, Process, Production
July 17, 2023
Via: Transport TopicsAlmost four years after Elon Musk first unveiled Tesla Inc.’s debut pickup, the automaker has built its first Cybertruck. Tesla shared the development on Twitter, posting a photo of workers in safety vests and helmets obscuring much of the vehicle. […]
Industry Focus Areas, Motorized Vehicle
July 17, 2023
Via: Tech TimesOne of the best electric pickup trucks in the market and its category, the Ford F-150 Lightning EV, is seeing a significant price drop, with as much as $9,799, depending on the variant. The Dearborn-based automaker announced that these new […]
Industry Focus Areas, Motorized Vehicle
July 6, 2023
Via: Transport TopicsGeneral Motors Co. and Toyota Motor Corp. both posted strong sales gains in the second quarter, signs of consumer health in the auto market as semiconductor supply improves. GM sales rose almost 19% in the quarter and were up 15% […]
Industry Focus Areas, Motorized Vehicle
June 27, 2023
Via: Industry TodayAs the electric vehicle (EV) market continues to grow, mid-size and fast-growing metropolitan areas like Columbia, South Carolina have recently caught the attention of manufacturers. In the past year, there have been a variety of large economic development deals announced […]
Industry Focus Areas, Motorized Vehicle
June 15, 2023
Via: Tech TimesAudi’s CEO, Markus Duesmann, recently spoke about the company’s plans to expedite the development of new electric vehicle (EV) models to meet the increasing demand, especially in China. In an interview with Reuters, Duesmann acknowledged the need for faster production […]
Industry Focus Areas, Motorized Vehicle
June 7, 2023
Via: Alliance for American ManufacturingGeneral Motors this week announced a $1 billion investment in two of its factories in Flint, Mich., where it will retool production lines to manufacture heavy duty pickup trucks like this one for the next seven to 10 years. That’s […]
Industry Focus Areas, Motorized Vehicle
May 25, 2023
Via: Transport TopicsNikola Corp. tumbled May 25 after Nasdaq Inc. notified the company that it isn’t in compliance with the minimum bid requirements to remain listed on the exchange. Shares of the electric truck maker sank 20%, the most since November 2020. […]
Industry Focus Areas, Motorized Vehicle
May 15, 2023
Via: The Wall Street JournalWhen General Motors began outlining plans in 2020 to fully switch to electric vehicles, it didn’t account for one critical factor: Many of the battery minerals needed to fulfill its plans were still in the ground. “I remember seeing a […]
Industry Focus Areas, Motorized Vehicle
May 11, 2023
Via: The Wall Street Journal“The auto industry is just too tough.” That was Warren Buffett’s response to a question about the opportunities presented by the shift to electric vehicles at Berkshire Hathaway’s annual meeting last Saturday. A few days of earnings reports from EV […]
Industry Focus Areas, Motorized Vehicle
May 8, 2023
Via: The Wall Street JournalVolkswagen Chief Executive Officer Oliver Blume named a company insider to head the automaker’s struggling software unit as part of a broader overhaul of how the company develops the software for its cars, VW said on Monday. Mr. Blume put […]