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Panasonic seeks to expand business in the auto industry 

Teslarati

Tesla supplier Panasonic slashing domestic EV battery production Poliak also shared that Panasonic Automotive aims to nearly double its sales. Panasonic Automotive already formed relationships with companies in the industry, like Amazon and Fisker. If you have any tips, contact me at maria@teslarati.com or via X @Writer_01001101.

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Magna lags profit estimates, cuts annual sales forecast on supply chain snags – ET Auto

Baua Electric

Magna executives said on a post-earnings call the company was assessing impacts from automakers’ shifting electrification plans, particularly in North America. Supply chain constraints, coupled with labor shortages which began during the pandemic, also continue to impact the auto industry as they try to ramp up production.

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GM’s Tesla NACS support spells trouble for Electrify America [Opinion]

Teslarati

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.

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Renault CEO calls for Auto European plan to protect against ‘onslaught of EVs from China’

Teslarati

Renault CEO Luca de Meo released a 19-page open letter to Europe describing an auto European plan to protect against the ‘onslaught of electric vehicles (EV)’ coming from China.” He pointed out that electric vehicles and plug-in hybrids account for 14% of global car sales, led by Asian automakers. to boost investments in North America.

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Audi BEV sales up 47% in the US in 2022 while ICE sales flounder

Electrek

Audi of America released its fourth quarter business update today that reveals delivery numbers of all its models for the last year. And, like much of the auto industry, the company’s BEV sales are growing while ICE car sales floundered in 2022.

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More auto plant shutdowns for COVID-19

Green Car Congress

Joining BMW, Ford and FCA in suspension of production in the US due to COVID-19 ( earlier post ) are: Toyota is temporarily suspending production at all of its automobile and components plants in North America, including Canada, Mexico and the US, through 3 April. billion in sales activity and generated $4.1

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Ipsos Auto Global Study: interest in battery electric vehicles growing in the US

Green Car Congress

Ipsos’ John Kiser, Senior Vice President, US Automotive & Mobility, said the same type of correlation between greater familiarity and greater interest can be seen in America. Increasing future sales for BEVs will rely on companies improving awareness of their product.

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