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

Hyundai supplier plans $170M facility in Tennessee

Hanon Systems’ fourth U.S. facility will produce automotive thermal solutions for EV makers in North America.

By Sara Samora • Aug. 8, 2023

Porsche eyes $3.3B EV battery plant in US

The German luxury carmaker is also weighing options at home and in Canada for its planned factory.

By Sebastian Obando • Aug. 3, 2023

Paccar projects boost in production for 2023

Despite lingering supply chain issues, the OEM aims to build at least 290,000 Class 8 trucks for the U.S. and Canada.

By David Taube • Aug. 2, 2023

GM blames automation supplier for EV production delays

CEO Mary Barra said the third-party issue surprised the automaker, but it's "not walking away" from its 400,000 EV production target.

By Megan Ruggles • July 31, 2023

Waymo redirects focus to self-driving cars at the expense of trucking

The tech company, under Google parent firm Alphabet, is pushing back its timeline and operations for commercializing autonomous tractor-trailers.

By David Taube • July 27, 2023

Stellantis, Samsung SDI plan second US gigafactory

The automaker is shoring up battery manufacturing capacity to meet its EV production targets. 

By Megan Ruggles • July 25, 2023

Foxconn to take 50% stake in ZF Group’s passenger vehicle chassis unit

The move is part of Foxconn’s diversification strategy, which includes expanding its automotive business and taking a 5% share of the global EV market by 2025.

By Eric Walz • July 25, 2023

Ford supplier invests $790M to build 3 Tennessee plants

Magna International will produce key parts for Ford’s second-generation electric truck, and is the first company to join the automaker’s supplier park.

By Sara Samora • July 21, 2023

Volkswagen overhauls human rights due diligence in materials supply chain

The automaker has deepened its analysis and taken part in several responsible sourcing initiatives to comply with a new German law targeting abuses in supply chains.

By Ben Unglesbee • July 20, 2023

3 top questions on the future of lithium, cobalt and nickel supply: report

The International Energy Agency is optimistic that the global supply of critical minerals can keep pace with demand but is skeptical about diverse sourcing.

By Kate Magill • July 20, 2023

Stellantis revamps its semiconductor strategy to ensure long-term supply

The company wants to avoid supply chain disruptions, which significantly impacted global vehicle production and sales during the pandemic.

By Eric Walz • July 19, 2023

Mersen opens synthetic graphite plant in Tennessee

The advanced materials maker will use the site to manufacture components for markets including solar panels, semiconductors and electric vehicles.

By Megan Ruggles • July 18, 2023

Automotive semiconductor shortage mostly resolved: S&P Global

The semiconductor shortage that disrupted vehicle production over the past two years is just about over. But as vehicles become more complex, supply chain disruptions may impact production and sales.

By Eric Walz • July 17, 2023

Automakers blast EU proposal to make cars more recyclable

The European Union may require automakers to use recycled plastic and help finance the cost of recycling old cars.

By Michael Brady • July 17, 2023

Bosch ramps up hydrogen fuel cell production in Germany

Nikola Corp. will use the fuel cell modules to power its Class 8 hydrogen electric vehicle, with North American deliveries expected to start later this year.

By Eric Walz • July 14, 2023

Tesla supplier to establish factory in New Mexico

Hota Industrial Manufacturing chose the state for its easy access to Texas and Mexico.

By Sara Samora • July 13, 2023

LG plans to double its automotive electronics business to $15.6B by 2030

As modern vehicles become more like smartphones with software, digital displays and connectivity features, companies like LG, Nvidia and Qualcomm are expanding into the automotive sector.

By Eric Walz • July 13, 2023

Recycling batteries necessary to meet growing EV demand: Guidehouse

Battery recycling could help automakers reclaim up to 98% of key raw materials for battery production, which make up nearly 80% of battery manufacturing costs.

By Eric Walz • July 11, 2023

Wolfspeed signs $2B supply deal with Japan-based chipmaker

The shift to electric vehicles and renewable energy has sparked a growing need for more efficient power semiconductors, which supply and regulate electricity, according to the North Carolina-based company.

By Megan Ruggles • July 10, 2023

GM signs deal with Australian company for key battery materials

The automaker will contribute an $85 million loan toward a new manganese sulfate plant.

By Ben Unglesbee • June 27, 2023

Lucid, Aston Martin sign $450M EV powertrain deal

According to the terms of the deal, Lucid will also become a shareholder in the luxury sports car maker.

By Eric Walz • June 26, 2023

Hyundai’s Georgia supplier network expands to 9 manufacturers

State officials expect more contract manufacturers to announce sites. The automaker is currently investing $5.5 billion in a Georgia-based EV manufacturing campus.

By Sara Samora • June 26, 2023

Ford, SK On secure up to $9.2B in loans from DOE

The loan will help finance construction of the companies’ three joint venture battery plants. 

By Megan Ruggles • June 23, 2023

Mazda, Panasonic discussing long-term EV battery deal

If the companies reach an agreement, Panasonic will manufacture cylindrical lithium-ion batteries for Mazda in North America and Japan starting in 2025.

By Eric Walz • June 22, 2023