In a remarkable achievement that underscores its rapid rise in the automotive world, Hyundai Motor Company has officially reached a major production milestone—100 million vehicles produced globally. Over the past Full Article »
The Biden administration is set to inject over $1 billion into General Motors (GM) and Stellantis to bolster electric vehicle (EV) production. This initiative, part of a broader $1.7 billion Full Article »
Toyota, with a well-established rich history that originated out of Japan, recently achieved a historic milestone by reaching the production of 300 million cars. This historic achievement comes 88 years Full Article »
The electric vehicle (EV) industry, which had been accelerating at a rapid pace, is now encountering uncertainties that have sent ripples across major players, including Tesla, General Motors (GM), and Full Article »
Toyota’s global production for August marked a significant achievement, with a 4% increase compared to the same period in the previous year, reaching a new record of 798,771 vehicles. This Full Article »
The journey towards ramping up electric vehicle (EV) production has been a challenging endeavor for General Motors, according to a recent statement from a high-ranking company official. During a J.P. Full Article »
Rivian Automotive has announced an upward revision in its electric vehicle (EV) production target for the year 2023, while simultaneously asserting its decision to refrain from implementing price cuts to Full Article »
General Motors (GM) has announced its plans to increase employment in 2024, despite concerns raised by autoworkers regarding the impact of the shift towards electric vehicles (EVs) on labor needs. Full Article »
Ford has recently announced a significant increase in the production of its F-150 Lightning electric truck, signaling a bold move towards the mainstream adoption of electric vehicles (EVs) in the Full Article »
On March 31, an explosion at an Evonik Industries AG chemical plant halted production of a material called cyclododecatriene, which is used to create PA-12 resin. PA-12, in turn, is Full Article »
