Hyundai Mobis unveils ‘e-Corner System’ EV drive technology

The technology allows a vehicle to move laterally and diagonally, as well as perform stationary 360-degree pivot turns.

By Eric Walz • Jan. 11, 2024

3 EV trends shaping the auto industry in 2024

GM, Ford and others are retooling production plans amid slowing EV demand, while also working to move more suppliers and production to the U.S.

By Michael Brady , Eric Walz • Jan. 9, 2024

Auto suppliers sitting on surplus semiconductors, chip company says

Mobileye said its customers hold millions of excess units to hedge against shortages and are now working through the inventory.

By Ben Unglesbee • Jan. 9, 2024

China-based EV makers tap Nvidia for AI tech

Automakers in China have been racing to produce autonomous vehicles with high-tech infotainment.

By Michael Brady • Jan. 9, 2024

Just 1 in 4 automakers ready for software-defined vehicles

Over half of automakers preferred a proprietary software model, while suppliers and tech firms preferred a mix of open-source and proprietary vehicle software, an AlixPartners survey found.

By Michael Brady • Jan. 5, 2024

CHIPS and Science Act not enough to strengthen the semiconductor industry: CSCMP report

The industry group's recent report stressed the need for more investment to fortify the country's chip supply.

By Kate Magill • Jan. 5, 2024

GM to provide $7,500 incentive for EVs that lost tax credit eligibility

The move aims to help General Motors dealers sell EVs until more of its models are eligible for federal clean energy vehicle tax credits.

By Michael Brady • Jan. 4, 2024

Cummins reaches $1.7B settlement with EPA, California for emissions violations

The Justice Department accused the engine maker of installing parts that exceeded emissions standards in 630,000 Dodge Ram pickup trucks.

By Sara Samora • Jan. 4, 2024

Tesla loses EV sales crown to BYD in Q4, despite annual sales record

The change in quarterly sales rankings signals growing competition in China and other major markets.

By Eric Walz • Jan. 3, 2024

Amazon to trial Mercedes-Benz hydrogen fuel-cell trucks in 2024

Daimler Truck aims to make its carbon neutral vehicles available in core markets, including the U.S., Europe and Japan, by 2039.

By Iulia Gheorghiu • Jan. 3, 2024

Over 20 EVs will lose tax credit eligibility in 2024

Fewer eligible vehicles could make it harder for automakers to sell EVs by making them less affordable.

By Michael Brady • Jan. 2, 2024

Mexico’s nearshoring wave is years in the making

Whether through foreign direct investments or internationally purchased goods, the automotive sector has an outsized share of Mexico's trade.

By Alejandra Carranza , Edwin Lopez • Dec. 21, 2023

Automakers protest forced recall of 52M air bag inflators

General Motors, Ford Motor Co. and eight other automakers said the risks are too low to warrant a forced recall by the National Highway Traffic Safety Administration.

By Michael Brady • Dec. 21, 2023

Tesla to raise wages 10% at Nevada gigafactory: CNBC

The automaker will increase wages from $20 to $22 per hour for employees at the bottom of the payscale, while high-wage workers will go from $30.65 to $34.50.

By Michael Brady • Dec. 20, 2023

Panasonic to develop advanced EV batteries with Sila Nanotechnologies

Sila’s nano-composite silicon anode material can deliver a 20% increase in range compared to conventional lithium-ion batteries used for electric vehicles.

By Eric Walz • Dec. 19, 2023

BWH Hotels to bring Tesla EV charging stations to North American properties

The partnership is the latest between a hotel company and EV charging provider as hotels increasingly seek to cater to eco-conscious guests.

By Noelle Mateer • Dec. 18, 2023

Treasury releases guidance on IRA clean energy tax credits

Battery manufacturers can receive a tax credit on a percentage of their production costs until 2033.

By Joelle Anselmo • Dec. 15, 2023

Toyota to expand its US EV battery recycling network

The automaker will partner with Cirba Solutions to recover up to 95% of the critical raw minerals used to produce electric vehicle batteries.

By Eric Walz • Dec. 13, 2023

Gracenote’s new data platform lets automakers customize infotainment offerings

Vehicle makers will have access to the company’s entertainment datasets for radio, streaming music, movies, podcasts, sports and more.

By Eric Walz • Dec. 6, 2023

Continental to spin off user experience unit

The plans are part of the auto supplier’s strategy to reduce costs of its automotive business by 400 million euros a year starting in 2025.

By Eric Walz • Dec. 5, 2023

New IRA guidance limits battery components made in China

The long-awaited proposed guidelines clarify how the law’s “foreign entity of concern” requirements will impact automakers’ ability to qualify for EV tax credits.

By Kate Magill • Dec. 1, 2023

Auto industry eyes air freight to trim backlogs post-UAW strike

Suppliers and OEMs are prioritizing shipping speed and reliability to aid their supply chain recovery, industry experts say.

By Kelly Stroh • Nov. 30, 2023

Toyota to sell $4.7B stake in Denso by year-end: Reuters

The sale would help free up funds for the automaker to further invest in electric vehicle development.

By Eric Walz • Nov. 29, 2023

UAW strikes: What’s next for auto supply chains after labor deals?

As automakers ramp up production efforts, labor challenges and geopolitical risks may continue to plague operations, according to industry experts.

By Kelly Stroh • Nov. 28, 2023

Northvolt develops an advanced sodium-ion battery

The battery, which does not contain rare earth materials, was validated to have an energy density of over 160 watt-hours per kilogram.

By Eric Walz • Nov. 27, 2023