Volkswagen is shifting its focus toward North America, as the fallout from Russia’s attack on Ukraine caused more supply chain headaches for the company in Europe, executives said. Since the outbreak of the war last month, several of the brands in the Volkswagen Group, including Porsche and Volkswagen, have been forced to suspend production at… Continue reading Volkswagen Eyes U.S. Electric Vehicle Market as Ukraine War Disrupts Production
Author: New York Times Online News
Mercedes Opens Alabama Battery Plant, Part of a Southern Wave
WOODSTOCK, Ala. — The auto industry’s shift to battery power is expected to lead to job losses because it takes fewer workers to build an electric vehicle than it does to build a car with a gasoline engine. But that probably won’t be the case in Alabama. The state this week became the beneficiary of… Continue reading Mercedes Opens Alabama Battery Plant, Part of a Southern Wave
Stellantis Stops Car Shipments to and From Russia
Stellantis, the maker of Jeep, Fiat and Peugeot vehicles, has suspended exports of cars from Russia and imports of vehicles into the country, the company said Thursday. The automaker operates a small plant in partnership with Mitsubishi in Kaluga, southwest of Moscow. The plant employs about 2,700 people and produces small delivery vans that Stellantis… Continue reading Stellantis Stops Car Shipments to and From Russia
Renault Halts Operations in Russia
The French carmaker Renault said on Wednesday that it was halting operations at a plant in Moscow and was reassessing its partnership with AvtoVAZ, Russia’s largest auto manufacturer. Renault owns 68 percent of AvtoVAZ, the maker of Lada vehicles, and has relied on Russia for about 18 percent of its global vehicle sales. “Regarding its… Continue reading Renault Halts Operations in Russia
Stellantis and LG to Build Battery Plant in Ontario
Stellantis and a partner, LG Energy Solution, said on Wednesday that they would jointly build a battery plant in Windsor, Ontario, to provide the critical components for a range of electric Jeeps and trucks the automaker aims to introduce over the next several years. The two companies expect to invest $4.1 billion in the factory… Continue reading Stellantis and LG to Build Battery Plant in Ontario
Cadillac Lyriq Starts Production, Expanding G.M.’s Electric Lineup
General Motors on Monday started production of an electric Cadillac sport utility vehicle that could soon become the company’s top-selling E.V. The model, the Lyriq, is being produced in Spring Hill, Tenn. It is the company’s third electric model, with a starting price of $59,000. G.M. will start taking firm orders for the vehicle on… Continue reading Cadillac Lyriq Starts Production, Expanding G.M.’s Electric Lineup
Rivian Pares Delivery Targets for 2022, Citing Supply Problems
Rivian, which has had a rocky ride in the stock market after a blockbuster initial public offering, cast a further shadow over its outlook on Thursday, reporting that supply chain problems could severely constrain its production of electric vehicles. The company said it would be able to produce only 25,000 vehicles this year, half the… Continue reading Rivian Pares Delivery Targets for 2022, Citing Supply Problems
Carmakers Race to Control Next-Generation Battery Technology
WOBURN, Mass. — Already far behind Asian manufacturers in building electric car batteries, U.S. automakers and their suppliers are racing to develop a new generation of batteries that are cheaper, can pack in more energy and charge faster. It is a global contest with huge economic consequences for automakers, small battery start-ups and car buyers,… Continue reading Carmakers Race to Control Next-Generation Battery Technology
Sony and Honda Announce Tie-Up to Make Electric Cars
TOKYO — The Japanese electronics and entertainment giant Sony announced on Friday that it would team up with Honda to develop electric cars for sale as early as 2025, becoming the latest company to throw its hat into the burgeoning market for battery-powered vehicles. Demand for electric cars is small but skyrocketing as concerns about… Continue reading Sony and Honda Announce Tie-Up to Make Electric Cars
Lucid Motors Will Produce Fewer Cars Than Expected
Lucid Motors, a fledgling maker of electric cars, on Monday significantly scaled back its production goals for the year, citing supply chain problems. The company disclosed the new targets as part of its 2021 earnings report and will most likely disappoint investors who had seen the company as a serious challenger to Tesla. Lucid shares… Continue reading Lucid Motors Will Produce Fewer Cars Than Expected