Hyundai takes next step with second U.S. battery plant
The LG deal follows a similar supply agreement that Hyundai inked with South Korean battery supplier SK On Co. for a $5 billion battery plant in Bartow County, Ga. That...
Automakers rush to block enforcement of Mass. right-to-repair law
The Alliance for Automotive Innovation has filed an emergency motion to prevent a June 1 enforcement of Massachusetts' updated right-to-repair law, according to a court document filed Thursday. The action...
Stellantis rehires ex-FCA marketer as head of Fiat in North America
Stellantis has appointed Aamir Ahmed, a former Fiat Chrysler Automobiles marketer who went on to work for Amazon and Harman International, to lead the Fiat brand in North America. The...
Why Tesla is doing business with Ford on Superchargers
Tesla Inc.'s surprise agreement with rival Ford Motor Co. to provide access to the Tesla Supercharger network opens the door for other automakers to follow suit, analysts say. With about...
EV battery leader CATL joins BYD, Tesla to tap solar’s boom
Contemporary Amperex Technology Co. Ltd., the world’s biggest EV battery producer, is joining Tesla Inc. and BYD Co. in adding a focus on the booming solar sector. CATL said it is...
Why Stellantis CEO Tavares is cutting costs in U.S., Europe
Tavares demonstrated a knack for this running Peugeot and Citroen maker PSA Group, which combined with Fiat Chrysler in early 2021. With hundreds of thousands of employees and 14 brands...
Ford CEO Farley: Chinese automakers becoming EV ‘powerhouse’
Ford Motor Co. CEO Jim Farley says Chinese electric vehicle makers are its main rivals in the sector, but the company has hurdles competing on cost at a smaller scale....
Ford’s Kumar Galhotra talks cost cuts, potential for ICE growth
Executives have said Ford has a roughly $7 billion cost disadvantage compared with its rivals. What steps are you taking to cut costs? Our costs are uncompetitive. We have to...
Hyundai’s rapid expansion plans in Georgia just got bigger
“We will create a strong foundation to lead the global EV transition through establishing a new EV battery cell plant with LG Energy Solution, a leading global battery producer and...
VW and Texas agree to $85 million diesel settlement in principle
"If a company thinks they will avoid accountability when they violate Texas laws, endanger Texans, and pollute our environment, they’re dead wrong. Volkswagen and Audi are finding that out the...