Tag: manufacturing
VW’s Scout Motors receives $1.3 billion in incentives from South Carolina
On Monday, Volkswagen subsidiary Scout Motors received an incentive package totaling $1.3 billion from the South Carolina Department of Commerce.
The funds were awarded to...
Falling metal values in early 2023 could bring EV prices down
Against analyst predictions, metal values have steadily declined in early 2023, possibly setting the scene for more affordable electric vehicles.
According to data from Benchmark...
Nissan Ariya production delayed due to issues at Japan factory
Nissan is attempting to resolve issues at one of its factories which have caused production delays for its new Ariya electric crossover.
Despite launching in...
Ford extends Lightning factory closure, production delayed over a month
Ford Motor Co. announced that a factory closure stemming from a battery-related fire would last until March 13, over a month after production was...
Stellantis secures EDM production in Indiana, invests $150 million
Stellantis has announced $150 million in investments towards facilities in Indiana, with the goal of securing future electric drive module (EDM) production.
Used in most...
Toyota ramping up electrification efforts, considers U.S. EV factory
Upcoming Toyota CEO Koji Sato is reportedly considering refitting one of its U.S. facilities to manufacture EVs, as he prepares to accelerate the automaker's...
Ford Lightning factory shuts down for three weeks due to a...
Ford's F-150 Lightning factory in Dearborn, Michigan has been shut down since last week due to a fire caused by a battery issue.
The facility,...
Ford and CATL confirm new LFP battery factory, announce location
Yesterday afternoon, Ford and Chinese battery maker CATL confirmed a new lithium iron phosphate (LFP) battery factory in Michigan.
The news arrives some weeks after...
GM invests in world’s third largest lithium mine to secure EV...
Following in the footsteps of other automakers, General Motors has secured EV material production by dedicating $650 million in investments towards the largest lithium mine...
Lucid finished Q4 of 2022 strong, but still faces challenges
Electric Vehicle newcomer Lucid announced it had beaten last year's production target thanks to a strong performance in Q4 of 2022.
The automaker's revised manufacturing...
