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Gotion halts Michigan factory plans

Chinese battery parts manufacturer Gotion Inc. is reassessing plans for a $2.4 billion factory in Michigan's Big Rapids area after scrutiny from a township board. The company, which originally planned to build a portion of the plant on 115…

GM aims to avoid pickup truck stockpile

"We're committed to actively managing production levels to balance supply with demand," Jacobson said on the call."Within this portfolio target, trucks are expected to run at higher levels, reflecting greater customer-driven variation…

Nio readies 40 GWh battery plant in China

SHANGHAI -- Nio plans to build its first battery plant to produce big cylindrical cells similar to those used by Tesla, two people familiar with the matter said, as the Chinese EV maker seeks to cut its reliance on CATL for supplies. The…

Ford extends F-150 Lightning production pause

Ford Motor Co. is extending the downtime at an F-150 Lightning plant in Dearborn, Mich., for an additional week following a battery fire in a truck earlier this month. The automaker, in a statement, said battery-supplier SK On has made…

VW revisits India as China problems mount

Volkswagen Group wants to remain a strong player in Europe and China, but in the face of growing geopolitical tensions and an increasingly complex regulatory environment, the automaker is looking beyond the U.S. for markets with growth…

Tata seeks $1 billion in EV unit stake sale

BENGALURU – Tata Motors has begun talks with sovereign wealth funds and private equity investors to raise up to $1 billion via a stake sale in its electric-vehicle business,The Economic Times reported, citing sources. The company, which…

Forvia plots major hydrogen growth in North America

"We see the market in the U.S. starting to pick up, especially as it relates to commercial vehicles," Shappell said. "We've seen a lot of companies realizing that hydrogen is really the only true zero-emission option they have, so this has…

Tesla scales back German battery plant

BERLIN -- Tesla has begun assembling battery systems at its plant in Germany but will focus cell production in the U.S. in light of tax incentives under the Inflation Reduction Act (IRA), a spokesperson said on Wednesday. The EV maker is…