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Automotive: Page 54
Volkswagen Lowers 2023 Deliveries Target Due to Supply Chain Issues
The German carmaker said that it would only be able to deliver a total of between 9 million and 9.5 million cars in 2023.
Porsche Looking for Investors, New Site for Cellforce Factory
Porsche executives are in talks with advisors and investors to help raise between €2 billion and €3 billion for the factory.
General Motors Blames Supplier for Slow EV Production Rates
GM's CEO said she was disappointed with the supplier and that the company has been surprised by the minimal progress made by the unnamed organization.
Salvage Operations Underway Following Deadly Cargo Ship Fire Near Ameland
A spokesperson for the Dutch Coastguard said the fire was likely caused by one of the 25 electric vehicles being transported by the vessel.
Tesla Looking to Make Its German Plant Europe’s Biggest Car Factory
If Germany approves the expansion plans, Tesla’s gigafactory will be able to increase its battery storage capacity to 100 gigawatt hours per year from 50 gigawatt hours currently.
Tata Group to Build Battery Gigafactory in the U.K.
Tata will invest over £4 billion ($5.15 billion) to build the battery cell gigafactory factory, which is expected to create up to 4,000 jobs.
EPA Gets Tougher on Truck Emissions. Are Its Targets Achievable?
In April, the U.S. Environmental Protection Agency proposed more stringent standards for greenhouse gas emissions from heavy-duty vehicles, beginning in model year 2027.
Tesla Interested in Building a Car Factory in India
The factory will reportedly be able to produce 500,000 electric vehicles annually that have a starting price of Rs 20 lakh (about $24,360).
Toyota Claims It Can Halve the Size, Cost and Weight of EV Batteries
Toyota thinks it will be able to produce solid-state batteries for electric vehicles as early as 2027, according to the Financial Times.
GM, Toyota U.S. Sales Jump in Sign of Auto Industry Strength
GM sales rose almost 19% during the second quarter of 2023 while Toyota claimed its sales grew by 7.1% during the quarter.
Foxconn Investing $250M to Build Two Factories in Vietnam
A planned $200 million factory will reportedly be finished by January 2025 while construction on a different $46 million plant will be completed by October 2024.
Panasonic Executive Says the Company Needs More Battery Plants
Panasonic “will need to build" about four more factories to achieve a sharp boost in its battery capacity, according to CTO Shoichiro Watanabe.
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