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How Tesla avoids nickel shortages

The invasion of Ukraine has added to agita among electric-vehicle makers over the supply of nickel, a critical ingredient in EV batteries, since Russia is one of the world's biggest producers. But Tesla Inc. had already been scouring the…

VinFast to build $2B plant in N. Carolina

VinFast is part of the Vingroup conglomerate, with interests in industry, hotels, technology and real estate, according to the company. Vingroup, established in 1993, has a total capitalization of $35 billion from three publicly traded…

EV advancement will require multifaceted approach

Addressing manufacturing, though, is just one piece of the puzzle. Targeted investments should be expedited to encourage a growth in EV consumers as well. According to the International Energy Agency, the U.S. represented only 2 percent…

Chevy Corvette production idled this week

Chevrolet Corvette production is down this week because of a parts shortage. General Motors cut the first and second shifts at the Corvette plant in Bowling Green, Ky., for the temporary parts constraint, spokesman Trevor Thompkins told…