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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. This agreement supports GM’s strategy to reduce the number of unique chips needed to power increasingly complex and tech-laden vehicles.

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2024 trends in the auto industry promise a focused approach | Autocar Professional

Baua Electric

In spite of inflationary pressure, sales were supported by early purchases and easing of semiconductor chip supply. Likewise, the auto components industry also touched a new high. According to data shared by Automotive Component Manufacturers Association (ACMA), in FY23, the industry grew 32.8 lakh crore (USD 69.7

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GlobalData: Global automakers earmark nearly US$600B for EVs over next decade

Green Car Congress

Aggressive emission and carbon neutrality targets set by regulators worldwide entails a faster transition from traditional automakers to next-gen electric vehicle (EV) manufacturers. Prior to this, Toyota had only a few BEV models manufactured with its Chinese partner GAC Group. Toyota plans to launch 30 models by 2030.

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thyssenkrupp Automotive pressing on with transformation of its powertrain business towards e-mobility

Green Car Congress

Starting out from traditional valve train systems for internal combustion engines, around ten years ago we started developing and industrializing new products for electric powertrains. Today we already manufacture rotor shafts for renowned OEMs and are achieving faster-than-market growth with this product.

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Documenting the EV battery material supply chain: Traceability challenges, Part One

Charged EVs

OPTEL has partnered with test, inspection and certification specialist Bureau Veritas to create a comprehensive traceability service called V-Trace, which companies and government regulators can use to follow products through their supply chains, from extraction of the raw materials to final assembly.

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Disruptive tech, sustainability agenda driving India’s auto INC | Autocar Professional

Baua Electric

The automotive and ancillary industries are anticipated to progress significantly, leveraging well-established manufacturing ecosystems, sustainable practices, dynamic supply chains, and a skilled talent pool. The auto industry is making strides to replace the traditional sources of fuel with the carbon-free fuel.

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How and When the Chip Shortage Will End, in 4 Charts

Cars That Think

Unlike the state of things in mid 2021—when crimps in the semiconductor supply chain cropped up in big ways—supply and demand have become much less of a mismatch. With chips finally reaching factory floors, their own manufacturing capacities were restored to pre-pandemic levels by the end of 2022.