All Factory Investment articles – Page 2
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News
GM and Samsung SDI seal $3.5B deal for Indiana EV battery plant
GM and Samsung SDI have finalised a $3.5B partnership to build a high-capacity EV battery plant in Indiana, aiming to power future electric vehicles.
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News
Ford revises EV strategy and boosts hybrid production
Ford cancels planned three-row EV SUV, delays opening of Tennessee EV plant and realigns US battery cell production.
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News
Stellantis appoints Tim Fallon as head of manufacturing North America
Fallon’s experience in his previous role at Rivian will support Stellantis’ ramp up of electric vehicle (EV) production.
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Article
Can Rivian navigate production challenges in the EV world?
Pure-EV player, Rivian, is making strides in the EV market with innovative EVs and ambitious expansion plans. But can the OEM achieve production scaling?
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GM continues path towards 2040 carbon neutral target
General Motors (GM) boosts renewable energy sourcing and reduces natural gas consumption to support sustainability targets.
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Comment
Poor financial results and slow EV transition forces Nissan to rethink plans
Nissan looks to cut production costs and rebalance production operations in the face of poor financial results.
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News
Musk halts Tesla Mexico gigafactory until after US election
Investment in the facility at the current time would be “impractical”, according to Musk.
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GM Invests $500M in Lansing Grand River for EV transition
GM is investing $500M in Lansing Grand River Assembly with a DOE grant to electrify production, reinforcing the OEMs commitment to US manufacturing
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Article
Tesla’s EV battery production and global gigafactory network
Tesla’s growing network of gigafactories, including new sites in Berlin, Texas, and Shanghai, demonstrates its commitment to leading global electrification.
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VW’s Traton eyes third EU battery plant to meet EV demand
Traton Group may build a third battery plant in Europe, boosting its electric truck production to meet rising demand and EU carbon reduction goals.
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Audi may close Brussels plant as Q8 e-tron demand falls
Audi considers closing its Brussels plant due to a sharp decline in Q8 e-tron sales, potentially affecting 3,000 workers.
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News
BeyonCa chooses Hong Kong for new EV assembly plant
BeyonCa, backed by Renault, charts Hong Kong’s automotive future with plans for its first EV brand and assembly plant.
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Hyundai’s Metaplant America begins 2025 IONIQ 5 production
Hyundai Motor Group Metaplant America has revealed plans to kick off production of the 2025 Hyundai IONIQ 5, marking a significant milestone in electric vehicle manufacturing.
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BMW opens first North American press shop at Spartanburg, debuts new X3
BMW’s Spartanburg plant opens a $200M press shop, introduces new X3, and announces all-electric vehicle production by 2026
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Comment
The future may be all electric, but not just yet
With demand for battery electric vehicles lower than expected, OEMs are boosting hybrid output and extending ICE production.
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Article
Comau’s Innovations and Solutions in Battery Manufacturing
Comau leads the charge in battery innovation, offering end-to-end solutions from assembly to recycling. Catch them at the Battery Show in Stuttgart, June 18-20.
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News
GKN Automotive reduces direct CO2e emissions in 2023
GKN Automotive has published its second sustainability report, revealing a 10.5% reduction in CO2e emissions in 2023.
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News
Stellantis marks 60 years of vehicle production at Ellesmere Port
Stellantis’ Ellesmere Port plant is celebrating 60 years since starting production operations, beginning with the Vauxhall Viva
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News
ACC halts construction of two European gigafactories
ACC opened the first of the three planned European gigafactories in June last year.
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News
VinFast weighs delaying $4bn US assembly plant opting for SE Asia expansion
VinFast eyes further delays for its $4B North Carolina plant as it expands into Southeast Asia with new dealerships and strategic growth