Industry

LG Energy Solution plans to open a $1.4 billion battery factory in Arizona in 2024, the company, which already supplies battteries to the likes of Tesla and Lucid, announced last week. The factory will be LG’s first in North ...

Fisker Ocean comes with 10-year warranty for battery, powertrain

The Fisker Ocean electric crossover is getting 10-year/100,000-mile (whichever comes first) battery and powertrain warranties, Fisker confirmed over the weekend. The battery warranty covers up to 75% of the original battery capacity, according to Fisker’s website. For reference, Rivian ...

India's Gasoil, Gasoline Sales Top Pre-COVID Level On Price Hike Fears

India’s gasoline and gasoil sales rose above pre-COVID levels of 2019 in the first half of March, preliminary data released on Wednesday showed, as consumers and dealers topped tanks ahead on likelihood of a fuel price hike after March ...

GM To Idle Sierra And Silverado Plant For Two Weeks Due To Chip Shortages

Supply chain disruptions related to semiconductor chips continue to affect automotive production and GM announced it has decided to pause production at its Fort Wayne, Indiana, assembly plant. The plant makes the Chevrolet Silverado and GMC Sierra 1500 pickup trucks. ...

Tesla's German plant goes online with start of Model Y production

The first customer cars were completed on Tuesday at Tesla’s plant near Berlin, Germany. CEO Elon Musk visited the plant to mark the occasion and even performed a small dance, a video of which was published by Reuters. The ...

Stellantis to build battery plants in US, Canada

Stellantis and LG Energy Solution on Wednesday announced a Canadian joint-venture battery plant to support future EV production. To be located in Windsor, Ontario, the $5 billion Canadian ($4.1 billion United States dollar) battery plant is scheduled to be ...

Suzuki Invests $1.4 Billion In Indian EV Manufacturing

Suzuki is investing $1.37 billion in its Indian facilities as it gears up for an electric automotive future in the world’s second-most populous country. Long considered to be sitting on the fence regarding an Indian EV future, the Japanese carmaker ...

Renault Suspends Russian Manufacturing Just Days After Reopening Moscow Plant

Major automakers are exiting the Russian market due to the country’s invasion of Ukraine. The latest to do so is France’s Renault, which is Russia’s No1 automaker, halting its industrial activities at its Autoframos manufacturing plant, just days after it ...

Honda opens $124M wind tunnel facility in Ohio

Honda on Monday announced the completion of a state-of-the-art wind tunnel facility located at the independent Transportation Research Center in East Liberty, Ohio. The site, known as the Honda Automotive Laboratories of Ohio, or HALO for short, is among ...

Porsche confirms 718 going electric as third EV, plans own charging network

Porsche just took another step forward into its electric future. On Friday, CEO Oliver Blume announced the third all-electric Porsche, while also confirming a hybrid 911, Porsche charging network, and EV sales mix of 80% by 2030. The next-generation ...

War In Ukraine Could Reduce Car Production By 5.2 Million Units Over Two Years

More than 5 million fewer cars could be produced over the coming two years due to the ongoing conflict between Russia and Ukraine. Analysts at S&P Global Mobility suspect that 2.6 million fewer vehicles will be produced in both 2022 ...

Toyota Set To Intentionally Slow Production In The Next Three Months

Toyota will reduce production in April by 150,000 to 750,000 units as it slows its race to recoup production lost earlier in the year. The Japanese car manufacturer had intended on producing over 900,000 vehicles monthly for the coming few ...

Every Maserati to offer Folgore electric option by 2025, phase out gas engines by 2030

Maserati will become the first Stellantis brand, and one of the first non-startup automakers, to offer electric versions of every model it sells. On Thursday, during a financial sales call with the media, Maserati announced plans to add electric ...

Honda Preparing Canadian Factory For Hybrid Production With $1.1 Billion Investment

Honda will spend $1.1 billion to retool its factory in Alliston, Ontario, Canada so it can produce hybrid vehicles. The site has been building the CR-V since 2012, as well as the Civic sedan and four-cylinder engines for both models. ...

VW Sold 2.3 Million Fewer Cars In 2021 But Still Managed To Make More Money

Volkswagen Group’s 2021 output was slashed to the tune of 2.3 million vehicles last year due to the crippling effects of the chip crisis, the company has admitted. The multi-brand automaker whose stable includes VW, Audi, Skoda, and Seat sold ...

Geely's Zeekr tests shuttle for Waymo self-driving service

Alphabet Inc.’s Waymo self-driving division last December said it will add an electric shuttle built by Zeekr to its U.S. fleet, and now a prototype has been spotted. Waymo’s fleet currently relies on Chrysler Pacifica minivans and Jaguar I-Pace ...

Ford Delays Dealer Allocations As It Struggles With Lost Production

Ford is delaying dealer allocations across the United States while it struggles with supply chain issues. The car manufacturer has reportedly informed its dealers that allocations will be delayed and that wholesale deliveries will be lighter until the end of ...

Ford Will Build A Second EV Based On The VW MEB Platform For Europe

Volkswagen and Ford today announced that they will collaborate on yet another electric vehicle for the European market. For it, the American automaker will borrow German’s all-electric MEB platform. Although Ford has yet to reveal official details about the new ...

Ford announces new EVs for Europe, battery plant for Turkey

Just as it makes major electric vehicle commitments here in the U.S., including the development of new modular platforms and the establishment of the Model E division dedicated to EVs, Ford is also making significant moves over in Europe. ...

Renault Doesn’t Want To Exit Russia As It Fears The Nationalization Of Majority-Owned AvtoVAZ

As car manufacturers continue to pause production at Russian sites or tweak trade with the country, Renault is fast becoming the last not to alter its relationship with Russia. Renault owns a 68 per cent stake in AvtoVAZ which is ...

Honda Looking To Raise $2.75 Billion Through Green Bonds To Fund EV Future

Honda is looking to raise $2.75 billion by issuing U.S. dollar-denominated green bonds that will benefit its electrification push. The move will see the automaker issue $1 billion worth of 3-year notes, $1 billion worth of 5-year notes, and $750 ...

Toyota Is Reducing Production In Japan In Q2 As A Result Of Supply Issues

Toyota said Wednesday that it would be reducing production in Japan between April and June to ease the strain on suppliers, many of whom are struggling with shortages of parts, including semiconductor chips. The automaker plans to slow production from ...

NHTSA no longer requires self-driving cars to have a steering wheel and pedals

The National Highway Traffic Safety Administration on Thursday finalized a rule that will allow cars devoid of a steering wheel and pedals to meet safety standards. The rule updates the occupant protection Federal Motor Vehicle Safety Standards to account ...

Dodge Power Brokers: Select dealerships ready to cater to performance enthusiasts

Select Dodge dealerships across the country, numbering close to 100, have opened the doors on a new business catering specifically to performance enthusiasts. Known as the Dodge Power Brokers, these dealerships are the exclusive home to new factory-backed performance ...

BMW Buys Alpina, Brings Long-Time Collaborator In-House

BMW has bought out Alpina, opening a new chapter on a relationship that stretches back over 50 years. The companies have struck a deal that means BMW will assume total control after December 31, 2025, when the current five year co-operation ...

Prolonged War In Ukraine Could Be Worse For Economy Than Pandemic, VW CEO Fears

Herbert Diess, the CEO of the Volkswagen Group, said that a prolonged war in Ukraine could be “very much worse” for the German and European economies than the COVID-19 pandemic and the resulting semiconductor shortage. Interruptions to global supply chains ...

Lada Halts Production In Russia Due To Sanctions Over Ukraine Invasion

The sanctions following Russia’s invasion of Ukraine are showing their toll in local production with Lada halting operations in the Togliatti and Izhevsk pants on March 5, 9, and 11. A spokesperson of AvtoVAZ said that workers will either receive ...

Lexus And Mini Top J.D. Power 2022 Customer Service List, Alfa Romeo and Chrysler Rank Worst

Lexus has recovered its famed customer service mojo to top J.D. Power’s 2022 satisfaction survey for luxury brands, while Mini once again ranks first for mass-market brands. Toyota’s luxury division lost out to Porsche in last year’s Customer Service Index ...

Tesla Jumps Ahead Of BMW In Race To Be Luxury Champ

Tesla narrowly missed out on becoming America’s leading luxury car brand in 2021 when BMW managed to hang on to the top spot, but early figures suggest the EV company is cruising towards a 2022 victory. New figures from Experian ...

GM to offer halo vehicles in China via new premium division

General Motors will establish a new premium division in China, via which the automaker plans to offer some of its halo vehicles built elsewhere. The information was confirmed to Reuters via a statement made by GM on Tuesday. The ...

GM To Build $400 Million Canadian Factory To Produce Cathode Active Material For Its Ultium Batteries

General Motors will establish a $400 million factory in Bécancour, Quebec, Canada with POSCO Chemical to produce cathode active material for its Ultium batteries. The car manufacturer announced a joint venture with POSCO Chemical in December 2021 and will begin ...

Porsche Reportedly Pausing Production Of All Models Due To War In Ukraine

Porsche is reportedly pausing production as the war in Ukraine continues. An alleged internal memo from within the German car manufacturer posted to Twitter states that the situation in Ukraine affects the automaker’s supply chain and will impact the production ...

Russia Threatens To Nationalize The Factories Of Foreign-Owned Companies That Pause Operations

A senior member of Russia’s ruling party has proposed nationalizing the factories of companies that shut down operations in response to its invasion of Ukraine. Russia has been hit hard with sanctions, which has led a number of companies, including ...

Japanese Authorities Raid Toyota Subsidiary Hino Motors After It Admitted To Falsifying Emissions Data

Japan’s transportation ministry raided the offices of Hino Motors, a truck-making subsidiary of Toyota Motor Corp after the company admitted to falsifying emissions data. Footage of the raid was broadcast on NHK, a public TV station, which showed the government ...

Shell Reverses Course, Says It’s Sorry And Will Stop Buying Russian Crude Oil After Facing Criticism

Shell plc today announced its intention to pull out of its involvements in all Russian hydrocarbons, including crude oil, petroleum products, gas, and liquefied natural gas. The decision comes after Shell was criticized for buying 100,000 metric tons of ...

Shell Defends ‘Difficult’ Decision To Buy Russian Oil At Record Discount Price

Shell is defending its decision to buy 100,000 metric tons of crude oil from Russia at a record discount. The move breaks a self imposed embargo that the oil industry had applied following the country’s unprovoked invasion of Ukraine. ...

Ukraine Conflict Could Make Microchip Crisis Worse And Hurt U.S. Plants

Russia’s invasion of Ukraine has already forced several automakers to close plants in Russia, and has even caused parts supply problems affecting BMW factories in Germany. But now it looks like the conflict could cause major problems for U.S. automakers ...

Russian Invasion Of Ukraine Could Lead To Second Wave Of Microchip Shortage

The crisis in Ukraine could have more knock-on effects down the line for the automotive sector as supplies of neon are impacted by Russia’s invasion. That could lead to a further shortage of semiconductor chips in the long term. Ukraine ...

VW to invest $2.17B on second Wolfsburg plant for Trinity technological flagship

Volkswagen will construct a second plant near its headquarters in Wolfsburg, Germany, to support production of a technological flagship vehicle code-named Trinity. Final approval for the plant came late last week, with VW announcing it will invest some 2 ...

Aston Martin to develop bespoke high-performance batteries for future EVs

Aston Martin will work with battery startup Britishvolt to develop bespoke high-performance batteries for future electric vehicles, the automaker said on Monday. Aston Martin and Britishvolt will collaborate on both cells and packs, with targets for the resulting designs ...

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