Focus on Manufacturing
GM, Ford would need to halt Chinese vehicles exports for US under rule: official
A proposed rule may force GM and Ford to stop exporting vehicles from China to the U.S., impacting production plans.
Stellantis aims to cut North America inventories by 100,000 by early-2025, CFO says
Stellantis aims to reduce North American inventories by 100,000 vehicles by 2024, cutting 40,000 units so far.
Northvolt to axe 1,600 jobs as Europe’s EV hopes stall
Northvolt cuts 1,600 jobs and suspends expansion as it faces production issues, slow EV demand, and competition from China.
India is in the midst of an electric vehicle revolution — and Australia should tap in
India’s electric vehicle market is booming, with sales surpassing 4.1M by March 2024, offering diverse EV options and rapid growth.
US awards $3 billion for EV battery production in 14 states
The grants announced Friday mark the second round of EV battery funding under the bipartisan infrastructure law approved in 2021.
Nippon Steel to sell $211 million in assets to manage debt amid US Steel deal
Nippon Steel agreed with three Japanese banks for $16bn in loans to fund the acquisition of U.S. Steel, now is facing political opposition.
Waymo in talks with Hyundai Motor to produce self-driving taxis: report
Waymo is in talks with Hyundai to use its Ioniq 5 for self-driving tech, potentially shifting away from China's Zeekr amid U.S. tariffs.
Weak demand for low-carbon products hampers green investment, COP28 initiative says
Global green investment is lagging behind required levels to help transition heavy industry sectors to lower emission methods.
Stellantis faces unprecedented UAW strikes a year after national walkout
The United Auto Workers union may strike Stellantis' U.S. plants, citing contract breaches and struggling U.S. operations.
Canadian union, GM reach agreement for Ontario plant workers
Unifor extended its contract talks with GM, avoiding a strike at Ontario’s CAMI plant that makes EVs and batteries.
