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Faraday Future receives manufacturing equipment from Guangzhou MINO at Hanford plant

Green Car Congress

EV-maker Faraday Future announced the arrival of intelligent manufacturing equipment from Guangzhou MINO Equipment Co., a top-tier automotive supplier offering advanced manufacturing solutions. —Matt Tall, Vice President of Manufacturing at Faraday Future. Guangzhou MINO Equipment Co., was incorporated in 2008.

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Stellantis partner Samsung SDI teases new EV battery factory in the United States

Teslarati

Currently, the company operates battery manufacturing plants in Korea, Hungary, China, and Malaysia. Samsung SDI plans to add a second plant in Hungary and ramp production capacity in Malaysia. Besides Stellantis, Samsung SDI works with other notable brands, including Ford, Volkswagen, and BMW. Samsung SDI Batteries.

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

Teslarati

The Biden administration is already assembling a team to invest around $52 billion worth of funding for semiconductor research and manufacturing, awaiting congressional approval. Taiwan Semiconductor Manufacturing Co. TSMC is a major chip manufacturer in the industry, along with Samsung Electronics Co.

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Nearly one in five cars sold worldwide in 2023 was electric: IEA | Autocar Professional

Baua Electric

Purchase incentives under the Faster Adoption and Manufacturing of Electric Vehicles (FAME II) scheme, supply-side incentives under the Production Linked Incentive (PLI) scheme, tax benefits and the Go Electric campaign have all contributed to fostering demand in recent years. Around 2% of all cars sold were electric.