Tag: EV production

May 6, 2024

Vice President Kamala Harris announced more than $100 million in new funding and resources for small- and medium-sized auto manufacturers during a speech in Detroit on Monday. The announcement comes as the Biden administration aims to establish America as a […]

April 2, 2024

Rivian Automotive Inc. built and delivered more electric vehicles last quarter than Wall Street expected, giving the automaker a needed boost as it grapples with production hurdles and heavy costs. The company made 13,980 EVs in the first three months […]

February 22, 2024

Rivian Automotive Inc. shares fell in early trading after the electric vehicle maker issued a disappointing production forecast and announced another round of job cuts. The maker of plug-in pickups, SUVs and delivery vans expects to build just 57,000 vehicles […]

September 1, 2023

“While we transition to EVs, we want to ensure that workers can transition in place, that there is no worker, no community left behind,” said Granholm, The United Auto Workers (UAW) union has warned that a rapid change could put […]

June 15, 2023

Audi’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 […]

May 15, 2023

When 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 […]

April 3, 2023

Tesla’s stock is back to being boringly expensive. There was nothing in the electric-vehicle maker’s first-quarter volume data to move the needle on investors’ typically entrenched views. Tesla said on Sunday it produced just shy of 441,000 vehicles and shipped […]

April 3, 2023

Rivian Automotive Inc. built 9,395 battery-electric vehicles in the first three months of the year as the company aims to ramp up production. The output was above the average 8,752 estimated by analysts. Rivian — which makes two consumer EVs […]

March 6, 2023

Rivian Automotive Inc. has told employees that production of 62,000 electric vehicles is possible this year, according to people familiar with the matter, an increase from the production target it told investors on Feb. 28. The Irvine, Calif.-based company’s production […]

December 12, 2022

The prospect that the European Union will classify lithium as toxic is adding to worries in the electric-vehicle battery industry that policy makers aren’t doing enough to attract investment and the EU will lose out to the U.S., an attractive […]

September 19, 2022

After Elon Musk complained that lithium — the ubiquitous raw material needed in electric vehicle batteries — was trading at insane levels, and China’s authorities in March pushed key industry players to act, prices briefly began to cool. Now, they’re […]

August 15, 2022

Tesla’s car production has fared well after it hit over three million EV units. CEO Elon Musk congratulated the Shanghai Gigafactory for making its one-millionth unit despite several issues in the country, including COVID-19 lockdowns. Although it has proven that […]

August 1, 2022

Tesla is reportedly looking for a new supplier regarding its Giga Press, and it focuses on a different manufacturer that would help in making its casting machines for mass-producing electric vehicles. The first reveal of the casting machine is for […]

April 12, 2022

General Motors Co. has struck a multiyear agreement to source cobalt from commodities firm Glencore PLC, the latest in the auto industry’s rush to secure key battery ingredients for electric vehicles as raw materials prices rise. GM said Tuesday the […]

March 4, 2022

Tesla Inc. has secured local approvals in Germany to formally begin electric-vehicle productions at its new plant outside Berlin, a key pillar of Chief Executive Elon Musk’s push to rapidly boost output and sales. Tesla’s plant challenges Europe’s established auto […]

January 28, 2022

Electric vehicles won’t get a “100% Made in U.S.A.” stamp for a good while yet. U.S. auto makers are pouring billions of dollars into domestic EV factories and lithium-ion battery plants to supply them. General Motors this week announced $6.6 […]

January 4, 2022

We’ve followed the promise of silicon carbide (SiC) power electronics to improve electric vehicle efficiency for a while, and now it looks like 2022 is the year when this technology moves into the mainstream. We’ve discussed how Lucid Motors has […]

September 29, 2021

As automakers scramble to make electric vehicles with longer ranges and speedier charging times, the chip industry has a message for them: You’re doing it wrong. Semiconductor companies are urging EV makers to ditch traditional silicon chips and embrace materials […]

February 24, 2021

Foxconn Technology Group , the world’s biggest electronics contract manufacturer, has agreed to assemble cars for electric-vehicle startup Fisker Inc., the latest deal for the Apple iPhone assembler in its eager expansion into the automotive sector over the past year. […]

November 30, 2020

Ford Motor Co. has chosen its factory in Cologne, Germany, to build a mass-market electric car based on Volkswagen Group’s MEB electric architecture, local media reports said. The automaker will invest 1 billion euros ($1.2 billion) into the factory for […]