All Factory Investment articles – Page 2
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ArticleMexico: a lot going on at the moment across the border
Mexico’s automotive industry is booming, attracting major players like Tesla and Audi. But the arrival of Chinese manufacturers threatens to disrupt the status quo.
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ArticleFord, GM, Stellantis fight EV slowdown, tariffs, IRA & China
As the Big Three US automakers grapple with a slowing EV market, rising costs, and intense competition, their survival hinges on navigating a complex web of challenges.
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NewsHyundai and Skoda sign MOU on hydrogen tech collaboration
Hyundai and Skoda will work together on hydrogen fuel cell technologies for mobility applications.
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ArticleVW’s plant closures illustrate industry’s existential crisis
Volkswagen is at a critical juncture as it confronts severe challenges with possible plant closures and intensifying competition in the EV market
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NewsStellantis invests $406M in three Michigan plants for EV strategy
Stellantis invests $406M in Michigan to boost EV production, supporting its multi-energy strategy and the Dare Forward 2030 plan for electrification.
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NewsDenso expands EV-focused inverter line and digital production
Denso ramps up inverter production and unveils plans for a next-generation, digital, and fully automated plant in line with its vision of a sustainably electrified future
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ArticleCanada – Mixed fortunes for production operations
Canadian vehicle and component production operations are feeling the impact of slow EV sales.
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NewsBMW and Toyota collaborate on powertrains for hydrogen FCEVs
BMW plans to launch its first-ever series production fuel cell electric vehicle (FCEV) in 2028.
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NewsHolon’s autonomous shuttle vehicle plant to take shape in Florida
Holon’s autonomous mover, a game-changer in urban transportation, is coming to Jacksonville.
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NewsBYD halts Mexico plant eyeing 2024 US election outcome
Chinese EV giant BYD has put its Mexico plant plans on hold, citing uncertainty over US trade policies. The company will reassess its decision after the 2024 US election.
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NewsCrisis? VW warns of closures and job losses amid EV struggles
Volkswagen signals potential German plant closures and ends a decades-old job security agreement as it faces declining EV demand and profitability.
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ArticleValmet Automotive’s battery business to become an independent company
Valmet Automotive is making its battery-producing Electric Vehicle Systems business an independent company with its own leadership
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NewsGM and Samsung SDI seal $3.5B deal for Indiana EV battery plant
GM and Samsung SDI have finalised a $3.5B partnership to build a high-capacity EV battery plant in Indiana, aiming to power future electric vehicles.
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NewsFord revises EV strategy and boosts hybrid production
Ford cancels planned three-row EV SUV, delays opening of Tennessee EV plant and realigns US battery cell production.
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NewsStellantis appoints Tim Fallon as head of manufacturing North America
Fallon’s experience in his previous role at Rivian will support Stellantis’ ramp up of electric vehicle (EV) production.
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ArticleCan Rivian navigate production challenges in the EV world?
Pure-EV player, Rivian, is making strides in the EV market with innovative EVs and ambitious expansion plans. But can the OEM achieve production scaling?
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NewsGM continues path towards 2040 carbon neutral target
General Motors (GM) boosts renewable energy sourcing and reduces natural gas consumption to support sustainability targets.
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CommentPoor financial results and slow EV transition forces Nissan to rethink plans
Nissan looks to cut production costs and rebalance production operations in the face of poor financial results.
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NewsMusk halts Tesla Mexico gigafactory until after US election
Investment in the facility at the current time would be “impractical”, according to Musk.
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NewsGM Invests $500M in Lansing Grand River for EV transition
GM is investing $500M in Lansing Grand River Assembly with a DOE grant to electrify production, reinforcing the OEMs commitment to US manufacturing