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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 »
General Motors (GM) is set to relocate its headquarters to a new location within downtown Detroit in 2025. After more than two decades at the Renaissance Center along the riverfront, Full Article »
Ford Motor Company announced delays in the production of electric trucks and SUVs in North America due to a global slowdown in electric vehicle (EV) demand. The automaker revealed that Full Article »
Scout Motors has officially broke ground of its new production center in Blythewood, South Carolina. This facility marks the birthplace of the pioneering all-electric Scout SUVs and Pickups, setting a Full Article »
In a strategic move aimed at catching up with electric vehicle (EV) pioneer Tesla, General Motors (GM) has quietly acquired Tooling & Equipment International (TEI), a company specializing in sand Full Article »
Hyundai Motor has announced plans to increase wages for nonunion production workers at its Alabama factory by 25% by 2028, following recent agreements reached by the United Auto Workers (UAW) Full Article »
General Motors (GM) and Stellantis, two major automotive manufacturers, are part of a group of investors who have collectively injected $33 million into a Minnesota-based company called Niron Magnetics. Niron Full Article »
Toyota is increasing its investment in the Toyota Battery Manufacturing North Carolina plant, with an additional $8 billion being poured into the project. This marks the second expansion of the 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 is making efforts to close the gap with industry leader Tesla in the electric vehicle (EV) market. With a keen eye on the accelerating shift towards electric mobility, Toyota Full Article »
Tesla, under the visionary leadership of Elon Musk, is on the brink of revolutionizing the electric vehicle (EV) manufacturing landscape. The company has leveraged a combination of groundbreaking innovations to Full Article »
The Biden administration has unveiled plans to allocate $2 billion from the Inflation Reduction Act of the previous year towards the advancement of domestic electric vehicle (EV) manufacturing. The aim Full Article »
Millions of cars are manufactured worldwide each year, and production processes have evolved significantly in order to improve efficiency, drive down costs and accommodate increased demand. There are a few Full Article »
Today’s automotive market is quite complex and in it we find ourselves wondering what larger company has influence over the vehicle that we currently drive. Over time, many hands of Full Article »
On the plus side, no one will argue that lighter vehicles are more fuel efficient and yield better acceleration, cornering and stopping ability. On the down side, building lighter vehicles Full Article »
