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Automotive: Page 51
Toyota Broke Its Global Sales Record in August
Toyota said that it is planning to produce 150,000 electric vehicles this year, 190,000 EVs in 2024 and 600,00 EVs in 2025.
Northvolt Gets Billions from Canada to Build Quebec EV Battery Plant
The plant is set to start operating in 2026 and will initially produce enough batteries for about half a million EVs.
UgoWork Launches Energy and Battery Management Platform
UgoPilot allows companies to securely manage their fleets, reduces the need for underused equipment and provides businesses with access to energy professionals.
Germany Pauses EV Charging Subsidy Program
The program, which was given a $317 million budget by the transportation ministry for 2023, received almost 33,000 applications in the 24 hours after it was launched.
EU Rules on Electric Cars Could Cost Carmakers Billions
The U.K. is by far their largest export market for European car-makers, with 1.2 million vehicles arriving at U.K. ports last year.
UAW, Big Three Carmakers Can Notch ‘Win-Win,’ Buttigieg Says
UAW said September 22 the union would expand its labor action against GM and Stellantis, but spared Ford from additional walkouts after clinching more concessions from the company.
Ryder Introduces BrightDrop EVs into Rental Fleet
The BrightDrop Zevo vans can now be rented at Ryder locations in Long Island City, New York, Saginaw, Texas and Santa Fe Springs, California as well as Hayward, California.
UAW Says It Made Progress with Ford, Plans More Strikes Against GM, Stellantis
Sources said that the strikes will likely expand to 38 additional GM and Stellantis facilities across 20 states, but expanded strike actions are not expected against Ford.
Podcast | Betting on Electric Vehicles: A Realistic Appraisal
Automakers have put themselves squarely on the road to electrification, but there could be speed bumps ahead.
Big Three Carmakers' Most-Exposed Parts Suppliers Stare Down $38B Hole
If the situation escalates, the car companies or their direct suppliers may have to support smaller companies in the supply chain to protect their production plans.
U.S. Manufacturing Rates Grew Slightly in August
Even though U.S. manufacturing outputs grew by 0.1% last month, production levels in August fell by 0.6% year-over-year.
UAW Employees Strike Against GM, Stellantis and Ford
Roughly 13,000 UAW members walked off the job at car manufacturing facilities in Missouri, Michigan and Ohio on September 15.
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