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Autoline Daily 2023: Top Industry News for June 22

Toyota Using Generative AI For Design; Tesla Scores More NACS Wins; New Super Duty Features Impressive Tech

June 22, 2023

Mazda, Panasonic discussing long-term EV battery deal

If the companies reach an agreement, Panasonic will manufacture cylindrical lithium-ion batteries for Mazda in North America and Japan starting in 2025.

By Eric Walz • June 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

Hyundai to invest $85B in EVs by 2030

The company also boosted its electric vehicle sales target to 2 million units annually by the end of the decade.

By Eric Walz • June 22, 2023

Autoline Daily 2023: Top Industry News for June 21

Toyota Using Generative AI For Design; Tesla Scores More NACS Wins; New Super Duty Features Impressive Tech

June 21, 2023

Renault Group CEO Luca de Meo to lead EV-spinoff Ampere

The subsidiary aims to lower EV costs by 40% per vehicle by 2027 and develop new battery technologies and software-defined vehicle architecture.

By Michael Brady • June 21, 2023

Stellantis forms semiconductor joint venture with Foxconn

SiliconAuto will supply chips for the next generation of the automaker’s software-based vehicle platforms starting in 2026.

By Eric Walz • June 21, 2023

Autoline Daily 2023: Top Industry News for June 20

BMW M Declares DCTs Are Dead; Buick EV Starts at $26,500 in China; Rivian Holds Parking Lot Sale

June 20, 2023

GM to invest nearly $1B in Ohio DMAX engine facility

The automaker is looking to boost motor production to meet rising demand for its heavy-duty trucks. 

By Megan Ruggles • June 20, 2023

Impact, Challenges and Prospects of SDVs Across Borders

In this GlobalAutoIndustry.com Audio Interview "Impact, Challenges and Prospects of SDVs Across Borders" Ron Hesse speaks with Ashwin Ramachandra is Head, Digital Services Practice - Transportation Business with Tata Elxsi.

June 20, 2023

Volkswagen subsidiary PowerCo to use new cost-saving process for manufacturing EV batteries

The dry coating method for manufacturing electric-vehicle batteries could save the automaker hundreds of millions of dollars a year and reduce energy consumption by as much as 30%.

By Eric Walz • June 20, 2023

Autoline Daily 2023: Top Industry News for June 16

Florida Handcuffs Legacy OEMs To Franchise Dealers; U.S. Car Market Doing Better Than Expected; VW Updates MQB, Adds PHEV Range

June 16, 2023

Nissan COO Ashwani Gupta to step down

Gupta was responsible for executing the automaker’s Next transformation plan, which included targets of electrifying 40% of its U.S. model lineup by 2026 and boosting global production capacity by 20%.

By Eric Walz • June 16, 2023

Autoline Daily 2023: Top Industry News for June 15

Car Repair Prices Probably Going Up; EV Registrations Up; VW to Axe Models, Share More Platforms

June 15, 2023

Mercedes-Benz to use 200,000 tons of reduced CO2 steel annually

By 2030, the automaker aims to slash average carbon dioxide emissions per passenger car by half compared with 2020 as part of its long-term plan to make its new vehicle fleet carbon-neutral.

By Eric Walz • June 15, 2023

Autoline Daily 2023: Top Industry News for June 14

Renault Reveals Connected Car Concept; Buick Envision Adopts New Design; Toyota Revives the Land Cruiser

June 14, 2023

Texas ready to invest $1.4B in state chip industry

The new funds would complement federal efforts to promote domestic semiconductor manufacturing.

By Sara Samora • June 14, 2023

Toyota revamps its EV strategy as competition and government mandates mount

The automaker’s plans include developing solid-state, lithium-ion batteries for future electric vehicles with driving ranges over 600 miles.

By Eric Walz • June 14, 2023

Autoline Daily 2023: Top Industry News for June 13

Toyota Launches All-Out EV Effort; GM to Make $50 Billion on ICE Investments; U.S. Treasury Scolded for EV Loopholes

June 13, 2023

Ford opens its $2B electric vehicle factory in Cologne, Germany

Ford converted the 90-year-old factory to produce its next-generation EVs for the European market, including an electric version of the popular Explorer SUV.

By Eric Walz • June 13, 2023

GM, Samsung SDI to build $3B battery cell plant in Indiana

With the latest investment, the automaker will spend over $4 billion to expand its operations in the state.

By Sara Samora • June 13, 2023

Autoline Daily 2023: Top Industry News for June 12

Chevy Bolt Likely Going to Ultium Platform; VW Teases Electric Beetle; Nio Is Running into Trouble

June 12, 2023

AutoTech: Detroit Experts Raise Questions, Offer Answers

Connected and software-defined cars, in-vehicle commerce and entertainment, and the future of vehicle design are among the issues addressed by panelists at the event staged by the Informa Tech Automotive Group.

By Paul Myles • June 12, 2023

Toyota to invest $50M in new Michigan battery lab

The facility, expected to open in 2025, will evaluate batteries for the automaker’s electric and hybrid vehicles sold in North America.

By Eric Walz • June 12, 2023

7 trends transforming the automotive industry

Technology is reshaping how car makers design, build, sell and service vehicles as they shift to electrification, boost domestic manufacturing and develop new hardware and software partnerships.

By Eric Walz • June 12, 2023

Autoline Daily 2023: Top Industry News for June 9

GM Joins Tesla Charging Network; ICE Sales Down, EVs Up, Oil Declining; Porsche’s New Electric Hypercar

June 9, 2023