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Battery startup Northvolt raises $1.2B for Europe, North America expansion

The company, co-founded by former Tesla executives, has over $55 billion in electric vehicle battery orders from major automakers, including BMW, Volvo Cars and Volkswagen Group.

By Eric Walz • Aug. 23, 2023

Autoline Daily 2023: Top Industry News for Aug. 22

NHTSA Wants Front & Rear Seat Belt Warnings; China Embraces Baidu’s Robotaxis; VW Kicks Off ID.7 Production

Aug. 22, 2023

Explore the Trendline➔

Automotive Manufacturing

Production strategies are changing rapidly as tariffs and shifts in consumer buying patterns affect the industry.

By WardsAuto staff

UAW strike would have domino effect on suppliers

Many auto suppliers, already experiencing economic instability, are unprepared for a strike and may turn to layoffs to deal with a work stoppage.

By Kalena Thomhave • Aug. 22, 2023

Technology Nurtures Sustainability in Auto Industry

As a result of the CASE model and today’s economic and environmental challenges, the automotive ecosystem will increasingly require sustainable solutions across the value chain.

By Leonard Marano • Aug. 22, 2023

Continental may sell ContiTech amid electric vehicle shift: report

ContiTech, which makes industrial and automotive rubber, plastic, metal and fabric components, posted sales of about $7.2 billion in 2022.

By Eric Walz • Aug. 22, 2023

California Forces GM’s Cruise to Halve its ‘Frisco Robo-Taxi Fleet

Editor's note: This story is part of the WardsAuto digital archive, which may include content that was first published in print, or in different web layouts.Just a week after California’s regulators gave the green light to General Motors’ Cruise to run commercial robo-taxi services in San Francis...

By Paul Myles • Aug. 22, 2023

Hyundai supplier to invest $114M in expanding Alabama operations

The project will add a new production building at Shinhwa Auto USA's Auburn site and expand the driveshaft manufacturer's die-casting operations.

By Sara Samora • Aug. 22, 2023

Autoline Daily: Top Industry News for Aug. 21 update from August 2023

VinFast Loses $30 Billion In Market Cap; OEMs Worry About Steel Monopoly; Tesla To Use CATL M3P Battery

Aug. 21, 2023

How Autotech Can Fight Off the Hackers

Editor's note: This story is part of the WardsAuto digital archive, which may include content that was first published in print, or in different web layouts.Security becomes a key concern whenever anything is connected to a network and especially including connected and autonomous vehicles (CAVs)...

By Graham Jarvis • Aug. 21, 2023

Autoline Daily: Top Industry News for Aug. 18

ONE Uses LFP Battery As Range Extender; Ford Trains White Collar Workers To Do UAW Jobs; Acura Unveils Its First EV

Aug. 18, 2023

Ford, SK On, EcoProBM partner on Canada EV battery facility

The nearly $1 billion factory in Québec will produce cathode materials for the automaker and help shorten its North American supply chain.

By Kate Magill • Aug. 18, 2023

Stellantis invests $100M in world’s largest geothermal lithium mining project

Lithium mining company Controlled Thermal Resources developed a more environmentally friendly process to extract lithium from geothermal brine.

By Eric Walz • Aug. 17, 2023

Autoline Daily: Top Industry News for Aug. 17 update from August 2023

Tesla Taking Orders for Refreshed Model 3 in China; Most Americans Unaware of EV Tax Credits; Jaguar to Drop I-PACE

Aug. 17, 2023

Autoline Daily: Top Industry News for Aug 16

LFP batteries making great strides; UAW poised for a strike vote; Ford to debut mid-engine Mustang

Aug. 16, 2023

Is Tesla’s ‘Master of Coin’ the CFO white whale?

Zachary Kirkhorn’s sudden exit from the EV maker has sparked questions around what a second act might look like for a 38-year-old ex-CFO with a net worth of $590 million.

By Maura Webber Sadovi • Aug. 16, 2023

3 ways manufacturers can save on energy costs

As prices continue to rise, companies should evaluate which equipment and facilities spend the most and consider renewable alternatives.

By Rebecca Heilweil • Aug. 16, 2023

Tesla launches lower-priced Model S, X versions

The automaker has cut electric vehicle prices multiple times since last year, but CEO Elon Musk said in July that the company would sacrifice its margins to drive volume growth.

By Eric Walz • Aug. 16, 2023

Dealers Face a Double-Edged Financial Sword

Affordability and inventory are up, but interest rates cut gross margins.

By Jim Henry • Aug. 16, 2023

EU Sales of Explorer BEV Delayed More Than Six Months

Ford will delay sales of the all-electric Explorer while it changes battery-pack specs.

By Greg Kable • Aug. 16, 2023

ICL breaks ground on $400M St. Louis battery materials plant

The Israel-based manufacturer will produce materials for LFP batteries at the 140,000-square-foot site.

By Kate Magill • Aug. 15, 2023

Autoline Daily: Top Industry News for Aug 15

Tesla Builds FSD Team in China; Biden Wants to Avoid UAW Strike; LFP Mach-E Gets Same Range

Aug. 15, 2023

Ford hires Apple vet to lead new software services group

Peter Stern will lead Ford Integrated Services, which aims to expand offerings related to the automaker’s BlueCruise hands-free driving system.

By Michael Brady • Aug. 15, 2023

Autoline Daily: Top Industry News for Aug 14

Geeley has big plans for Lotus; Stellantis ups rhetoric in UAW talks; Used car prices down in July

Aug. 14, 2023

A Global Benefits Strategy in 5 Steps: For Auto Industry Professionals

In this GlobalAutoIndustry.com Audio Interview “A Global Benefits Strategy in 5 Steps: For Auto Industry Professionals" Ron Hesse speaks with Allen Koski, Founder and Chief Innovation Officer of Insured Nomads.

Aug. 14, 2023

What’s the state of parental leave in manufacturing?

As manufacturers look to retain talent in a crunched labor market, more companies are evaluating their paid family leave policies. 

By Deborah Abrams Kaplan • Aug. 14, 2023