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As UAW crash looms, Biden management considers help for petite providers, document says

Baua Electric

producers that provide portions to the Detroit 3 are in a vulnerable monetary situation later the injury of pandemic shutdowns and next semiconductor shortages that depressed automobile manufacturing on the 3 firms for a lot of the day 3 years. The automobile portions production business employs 4.8 Many smaller U.S.

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VinFast’s unutilized gross sales means has U.S. automotive sellers wary however

Baua Electric

It’s just too early to tell,” stated George Glassman, president of Glassman Car Workforce, which sells 5 automobile manufacturers outdoor Detroit. marketplace debut on Tuesday and stocks soared, at one level giving the startup a marketplace valuation of $85 billion — some distance upper than that of Ford Motor Co.

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GM commits to 100% renewable energy by 2050

Green Car Congress

General Motors plans to generate or source all electrical power for its 350 operations in 59 countries with 100% renewable energy—such as wind, sun and landfill gas—by 2050. Tata Motors. The company expects to exceed this when two new wind projects come online later this year to help power four manufacturing operations.

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Honda targeting 2/3 of unit sales from PHEVs, HEVs and ZEVs by ~2030; PHEVs the core of electrification

Green Car Congress

At a press event in Tokyo to lay out his future vision and direction for the company, Honda Motor President & CEO Takahiro Hachigo said that the company will strive to make two-thirds of its overall unit sales from plug-in hybrid/hybrid vehicles and zero-emissions vehicles such as fuel cell vehicles and battery EVs by around 2030.

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CAR report quantifies automotive’s position as a leading high-tech industry

Green Car Congress

The report, supported by the Alliance of Automobile Manufacturers, measures the technological nature of today’s auto industry and compares it to other sectors of the economy often viewed as technologically advanced. The report authors acknowledge the difficulty of defining “high-tech” in an ever-changing economic environment.

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Trump promises 100% tariff on Mexico-built Chinese cars—EV or not

Baua Electric

In a Saturday campaign speech in Dayton, Ohio, Trump said that over a period of 30 years Mexico has taken away 34% of the automobile manufacturing business in the U.S. Earlier this month three Senate Democrats from car-manufacturing states warned of “artificially low-priced Chinese EVs flooding the U.S.

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