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Automotive

General Motors Quietly Acquires Tesla Gigacasting Supplier

General Motors Quietly Acquires Tesla Gigacasting Supplier

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In a strategic move aimed at catching up with electric vehicle (EV) pioneer Tesla, General Motors (GM) has quietly acquired Tooling & Equipment International (TEI), a company specializing in sand  Full Article »

Automotive

GM & Stellantis Among Investors in $33M Company Producing Magnets without use of Rare Earth Metals

GM & Stellantis Among Investors in $33M Company Producing Magnets without use of Rare Earth Metals

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General Motors (GM) and Stellantis, two major automotive manufacturers, are part of a group of investors who have collectively injected $33 million into a Minnesota-based company called Niron Magnetics. Niron  Full Article »

Automotive

Toyota More than Doubles Investment in NC Battery Plant Spending Additional $8 Billion

Toyota More than Doubles Investment in NC Battery Plant Spending Additional $8 Billion

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Toyota is increasing its investment in the Toyota Battery Manufacturing North Carolina plant, with an additional $8 billion being poured into the project. This marks the second expansion of the  Full Article »

Automotive

Toyota Uncovers More Future EV Plans Looking to Close Gap with Tesla

Toyota Uncovers More Future EV Plans Looking to Close Gap with Tesla

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Toyota is making efforts to close the gap with industry leader Tesla in the electric vehicle (EV) market. With a keen eye on the accelerating shift towards electric mobility, Toyota  Full Article »

Automotive

Tesla Attempts Major Change in How EVs are Produced via Less-Expensive Gigacasting Process

Tesla Attempts Major Change in How EVs are Produced via Less-Expensive Gigacasting Process

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Tesla, under the visionary leadership of Elon Musk, is on the brink of revolutionizing the electric vehicle (EV) manufacturing landscape. The company has leveraged a combination of groundbreaking innovations to  Full Article »

Automotive

BMW Investing $750 Million to Build Mini EVs in the UK

BMW Investing $750 Million to Build Mini EVs in the UK

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BMW has announced a significant investment of 600 million pounds (approximately $750 million) into its UK manufacturing plants with the goal of transitioning its Mini brand to an all-electric lineup  Full Article »

Automotive

Would You Buy A Chinese Manufactured Porsche?

Would You Buy A Chinese Manufactured Porsche?

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Part of the Porsche appeal has always been its made-in-Germany-by-anal-retentive-engineers mystique. One could argue that you could go equally fast for less money in a Chevy Corvette, but it wouldn’t  Full Article »

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