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GM and GlobalFoundries in long-term direct supply agreement for US production of semiconductor chips

Green Car Congress

General Motors (GM) and GlobalFoundries (GF) have entered a strategic, long-term agreement establishing a dedicated capacity corridor exclusively for GM’s chip supply. We see our semiconductor requirements more than doubling over the next several years as vehicles become technology platforms.

GM 170
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Tesla supply chain: Biden team plans $52B funding to address chip shortage among US carmakers

Teslarati

The CHIPS Act would establish investments and incentives to support semiconductor manufacturing, research & development, and supply chain security in the United States. Companies around the globe have been affected by the global chip shortage, including US automakers like Ford, General Motors, and Tesla. .

Supplies 144
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ICCT report finds US domestic EV production and investment continues to fall; only 5% of global EV investment to go to US EV assembly plants

Green Car Congress

China has the most comprehensive system of demand- and supply-side policies and has extended its consumer incentives and is implementing stronger EV regulations. About 33% of General Motors’ $27-billion EV commitment is being invested in specific US assembly plants. million (or about 10%) are slated to be manufactured in US.

Global 397
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American Battery Technology Company receives $2M USABC award to demo integrated Li-ion battery recycling technologies

Green Car Congress

While the domestic manufacturing capacities of electric vehicles and of lithium-ion battery cells have grown rapidly in the US in recent years, unfortunately the domestic production capacities of the battery metals that supply these operations have not kept pace.

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137. BATTERY MANAGEMENT IS DISRUPTING THE VALUE CHAIN IN ELECTRIC VEHICLES: THE CHANGING SUPPLY CHAIN — PART 2

Qnovo

These pure EV manufacturers are leveraging their access to capital to expand their market share at the fastest possible pace — they are limited by operational and supply chain challenges, not access to capital. We are in the midst of deep disruption to the auto industry. There is a split opinion among auto manufacturers.

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Tesla bucked the industry with its Q1 results — now TSLA is seeing momentum

Teslarati

Tesla ( NASDAQ:TSLA ) essentially bucked the auto industry in the first quarter of 2022. Despite shutdowns in its Shanghai plant, rising nickel prices, and the ongoing supply chain crisis, Tesla successfully delivered 310,048 cars worldwide. Tesla’s Q1 2022 results stand in sharp contrast to those of other automakers.

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Ford doubles EV goal for 2023 and has a new semiconductor partner to help

Teslarati

EV sector could be challenged by General Motors, who has solidified plans to sell at least 1 million EVs by 2025. automotive industry,” the company’s said. The auto industry will produce roughly 7.7 The shortage will cost the industry around $210 billion in revenue.

Ford 139