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auto market anytime soon , some U.S. automotive groups have expressed concerns over the Seagull EV and other affordable mass-market EVs eventually coming to North America. Even despite ongoing political concerns, its entry into North America is considered an eventuality, and other Chinese automakers likely won’t be far behind.
Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the autoindustry up to 1.5 The firm has more than 900 professionals in 15 offices across North America, Europe and Asia. million units in 2011 and only 13.6
Users must meet income limits, cars cannot exceed MSRP caps, and vehicles must be assembled in North America with battery minerals and components from North America. EV tax credits work Industry-wide, 87% of all EVs purchased or leased in 2024 received the federal EV tax credit. will get left further and further behind.
General Motors’ (GM) support for Tesla’s North American Charging Standard (NACS) might be trouble for Electrify America. With two out of three of the United States’ top legacy automakers supporting Tesla’s NACS, Electrify America’s position in the EV charging space is precarious at best.
The investment positions Aleris to meet anticipated significant growth in North American automotive demand as the industry pursues broader aluminum use for the production of lighter, more fuel-efficient vehicles. Headquartered in Cleveland, Ohio, Aleris operates more than 40 production facilities in North America, Europe and Asia.
Based in Kamen, Germany, Vahle has 15 years of experience in contact-free energy transfer in industrial environments, while HELLA is a recognized leader in the development of electronics, software, processes and production in the autoindustry. Marc Rosenmayr, CEO for HELLA Electronics in North and South America.
Panasonic seeks to expand its business in the automotive industry, starting with building relationships at CES 2024. Panasonic seeks to build deeper relationships and make new ones with tech giants and automakers at CES 2024 to reach its goal. It plans to delve into products that could prove lucrative.
It will help build a customer base and begin laying the foundation for American leadership in the growing electric vehicles industry. This is part of a sustained effort to develop and commercialize technologies that will be broadly deployed throughout the American autoindustry. Energy Secretary Steven Chu. Tenneco Inc.
The US is quickly overtaking Europe as an attractive market for EVs and is an ideal location to engineer and build EVs. Think’s subsidiary, Think North America, plans to apply for low-interest loans from the US Department of Energy’s $25-billion Advanced Technology Vehicle Manufacturing (ATVMIP) program.
The next step in the Connected Vehicle space is to begin working with the autoindustry manufacturers. To that end, THEA is proud to announce that it is collaborating with Honda R&D Americas, LLC, Hyundai America Technical Center, Inc.
This plant, located in San Luis Potosí, will allow Constellium to respond to increasing demand for lightweight, high-strength aluminium Crash Management Systems and automotive structures for the expanding autoindustry in Mexico. The facility is expected to start production in 2018. Constellium generated €5.2
Automotive microcontroller units (MCUs) are at the heart of all key automotive subsystems, from high-reliability engine control and anti-lock brakes to body-electronics, sensors and telematics, with an industry TAM of 5.0 billion units expected by 2024. GF offers automotive MCUs using using 22FDX FD-SOI and 40 nm bulk CMOS solutions.
Well I do not accept a future where the jobs and industries of tomorrow take root beyond our borders—and I know you don’t either. It is time for America to lead again. And we will put Americans to work making our homes and buildings more efficient so that we can save billions of dollars on our energy bills.
Since then, in North America, Honda has sold two pure EVs in tiny numbers: the 2013-2014 Honda Fit EV (82 miles of EPA range) and the 2017-2019 Honda Clarity Electric midsize sedan (89 miles of range). GM would build the car for Honda alongside the Chevy in its Ramos Arizpe plant. None of those were battery-electric vehicles, however.
EcoMotors International, a Khosla-funded startup working to commercialize a diesel opoc (opposed-piston, opposed-cylinder) engine ( earlier post ), has named autoindustry veteran Donald Runkle as its new CEO. EcoMotors was founded in 2008 by Prof. Hofbauer is serving as EcoMotors’s Chief Technical Officer.
Industry officials expect that this $2.4 billion in cost-share from the award winners, will result directly in the creation tens of thousands of manufacturing jobs in the US battery and autoindustries. Saft America, Inc. Toda America, Inc. $35. Magna E-Car Systems of America, Inc. $40. Brownstown, MI.
Now the company is building a US plant to produce nickel-free and cobalt-free cathode materials. The company is building a plant in the US where it will produce LFP as it gradually phases in production of LMFP and DRX. So, if we’re going to build a plant in the US to make the DRX material, we could manufacture LFP in the same facility.
Nodes join aerospace-grade carbon fiber tubing into standardized building objects, resulting in an industrial-strength chassis that can be assembled in a matter of minutes. —Rob Vatter, CEO of Altran North America. Core to the Divergent manufacturing approach is the use of 3D printed metal alloy joints called Nodes.
The autoindustry is a relatively small chip end-user, but it’s growing fast. billion, the autoindustry makes up less than 9 percent of chip demand by revenue, according to market research firm IDC. Despite the autoindustry’s desperation, there’s no great rush to build new 200-mm fabs.
Meet the 17 Electric Auto Association members nominated for the National Board BY APRIL BOLDUC: PRESIDENT OF THE ELECTRIC AUTO ASSOCIATION It’s the most board candidates in our history. I am a "car guy" from Detroit and have worked in the autoindustry from both a construction and facility service standpoint.
Prepare for eased/fast/self permitting of home/public charging installation; Ensure new home/building codes/major renovations provide for vehicle 240V charging. Provide rebate for vehicle purchasers (see above - $2,500/16 kWh vehicle); Provide and incentivize home/building charging installation electrical service (i.e.
“World over, the industry is building resilient supply chains by reducing overdependence on any particular country or geography,” said Shradha Suri Marwah, president of ACMA. These components account for more than 75% of auto parts imported into the country.
at 2318 Rayburn House Office Building) on the role of flexible-fuel plug-in hybrid vehicles (PHEVs) in reducing dependence on foreign oil, decreasing GHG and transportation emissions, revitalizing local economies, and lowering fuel costs. oil consumption, making it the single largest contributor to America's foreign oil dependence.
As the leading car rental company, we now offer the largest electric vehicle (EV) rental fleet in North America. Hertz is reportedly building its own electric vehicle charging infrastructure for its car rental fleet as well.
US President Biden pats GM CEO’s back: “You electrified the entire autoindustry. Biden has also pledged allegiance to unions, especially the United Auto Workers (UAW), which Musk has been extremely vocal about his distaste for. EVs have become so mainstream because of Tesla’s disruption of the automotive industry.
Still, as the company looks to dramatically increase its offerings in North America, Oakville will likely play a vital role. “Ford of Canada has been a leader in the country’s autoindustry since it was founded 119 years ago, driven by hard-working, dedicated employees,” said Bev Goodman, president, and CEO of Ford Canada.
According to Stellantis North America chief operating officer Mark Stewart and Canadian Prime Minister Justin Trudeau, the company’s Windsor and Brampton, Ontario facilities will be getting an EV overhaul. We’re building a world-class Canadian autoindustry, an innovative economy and a clean, strong future for everyone.
Last quarter, a few documents and occurrences appeared to suggest that Tesla might build its next gigafactory in Canada. The Minister of Innovation, Science and Industry in Canada, Francois-Philippe Champagne (FPC), confirmed that he held talks with Tesla. Tesla Canada. Tesla Gigafactory in South Korea.
There was a time when BYD’s sustainable vehicle efforts were seemingly brushed aside by industry leaders like Tesla CEO Elon Musk. That time has long passed, and BYD’s presence in the hybrid, PHEV, and BEV sector has grown to a point where it has garnered the respect of the global autoindustry.
This is in addition to the already planned network of nine plants dedicated to building battery systems. Customers will get enhanced access to Shell’s Recharge network consisting of more than 30,000 charge points by 2025 in Europe, China, and North America—including more than 10,000 high-power chargers globally.
The importance of this soared with the passage of the Bipartisan Infrastructure Law (BIL) and Inflation Reduction Act (IRA), both of which include eligibility requirements that call for certain proportions of the components that go into EVs and EVSE to be sourced and/or processed in North America or free-trade partner countries.
Stellantis and LG Power Resolution (LGES) on Would possibly 15 ceased some building of its deliberate electric-vehicle battery manufacturing unit in Windsor, Ont., billion from LGES and secret contributions from federal and provincial governments, as the biggest ever within the Canadian auto sector.
Dan Kalb of the Union of Concerned Scientists and Bonnie Holms-Gen of the Lung Association were there to lend their voices of protest against the autoindustry's continuing legal assault on California. And I was there representing Plug In America. The auto manufacturers have sued to stop progress before.
The fact that they have assembled key industry leaders along with some of the best minds in the EV movement to study how to actually implement a grid charged transportation system means we’ll make some sorely needed progress in setting infrastructure standards and building it out.
Some folks fear that the transition to EVs will lead to major job losses in the autoindustry—and not without reason, as EVs require different (and fewer) components than legacy ICE vehicles. Blue Bird bagged $80 million to convert a Georgia plant to build electric school buses. Stellantis will receive $334.8
Now, however, given all the market drivers facing the autoindustry (regulations, fossil fuel availability, societal changes, etc.), Building an e-Golf: the basic production flow for the e-Golf at the Wolfsburg plant. California, and those states which have signed on to the California ZEV requirements).
The investment supports future STEM careers in the area, including job opportunities in the autoindustry. Evansville-Vanderburgh School Corporation (EVSC), North Gibson School Corporation, Building Blocks, and Youth First Inc. Toyota invested $11.1 million in schools in Indiana to boost their STEM programs.
The facility will eventually produce up to 20,000 tonnes of battery-grade lithium and will enable E3 to develop a long-term source of lithium supply for EV production in North America. The fund has three main pillars: decarbonization of large emitters, industrial transformation, and clean technology and battery ecosystem development.
Now the company is building a US plant to produce nickel-free and cobalt-free cathode materials. The company is building a plant in the US where it will produce LFP as it gradually phases in production of LMFP and DRX. So, if we’re going to build a plant in the US to make the DRX material, we could manufacture LFP in the same facility.
Meet the 17 Electric Auto Association members nominated for the National Board BY APRIL BOLDUC: PRESIDENT OF THE ELECTRIC AUTO ASSOCIATION It’s the most board candidates in our history. I am a "car guy" from Detroit and have worked in the autoindustry from both a construction and facility service standpoint.
automaker would build factories in the future, and amidst concerns of some companies “nearshoring” production and moving manufacturing into other parts of North America. “Maybe it needs to recommit to American workers and find a CEO who’s interested in the future of this country’s autoindustry.”
They're reportedly close to sealing a deal to build a manufacturing plant there, which would create over 1,000 jobs. This factory would not only cater to the local market but also serve as an export hub, leveraging Mexico's strategic position and burgeoning autoindustry. market for now. market for now. Become a TTAC insider.
With the popularity of electric vehicles continuously rising, legacy automakers like Honda are reevaluating their place in the general autoindustry. Honda’s Electric Vehicle Lineup The Japanese automaker seems certain about the future of the global autoindustry and appears ready to act on its beliefs.
With Pininfarina’s relationship with Ferrari essentially coming to an end in 2017 with the release of the Ferrari-designed La Ferrari, it was no surprise that the famous Italian brand decided to build a car of its own. Still, the fact that its first offering, the Pininfarina Batista, would be electric was a shock to many.
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