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Third Panasonic EV battery plant in the US is still possible 

Teslarati

During CES 2024, Panasonic Energy of North America’s president Allan Swan said the Japanese company is still planning to build a third electric vehicle (EV) battery plant in the United States. Swan mentioned that Panasonic was considering a facility in the United States because it was “more incentivized in America than in Canada.”

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Tesla Giga Canada makes sense: CN Minister emphasizes auto industry’s new “supplier of choice” [Opinion]

Teslarati

CN seems to be hyper-focused on developing its green supply chain and catering to the auto industry. Also, the recently signed Inflation Reduction Act encourages automakers—legacy and startup alike—to secure supply chains in North America. . We are working fast for our workers and the auto industry.

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LG Energy Solutions & Hyundai team up for battery plant in the United States

Teslarati

LG Energy Solutions (LGES) and Hyundai teamed up to build a battery cell manufacturing plant in the United States. billion The parties agreed to produce EV batteries so Hyundai could accelerate its electrification efforts in North America. Each company holds a 50% stake in the joint venture for the U.S.-based based battery plant.

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Stellantis stops building of Ontario EV battery module plant over federal budget

Baua Electric

Stellantis and LG Power Resolution (LGES) on Would possibly 15 ceased some building of its deliberate electric-vehicle battery manufacturing unit in Windsor, Ont., billion from LGES and secret contributions from federal and provincial governments, as the biggest ever within the Canadian auto sector. Thomas, Ont., Thomas, Ontario.

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AlixPartners study finds post-crisis auto industry facing new set of challenges; sales projected below historical levels for foreseeable future

Green Car Congress

Specifically, the firm estimates US auto sales will reach just 12.7 AlixPartners also estimates that on-going unemployment and underemployment could cost the auto industry up to 1.5 million units in 2011 and only 13.6 million in 2012. million units in lost vehicle sales this year.

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UAW president blasts U.S. mortgage to Ford three way partnership battery tasks

Baua Electric

Ford on Friday mentioned it “expects that BlueOval SK will pay competitive wages and benefits to attract and retain the workforce needed to build high-tech batteries” and added that employees “will be able to choose whether they organize, a right that Ford fully respects and supports.” executive tax credit.

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Tariffs on China aren’t the way to win the EV arms race – getting serious on EVs is

Baua Electric

News came out on Friday that President Biden is set to quadruple tariffs on Chinese EVs to protect the US auto industry from the rapid growth of Chinese EV manufacturing. The global auto industry is in a time of flux. China is the new Japan Well, Japan was the world’s largest auto exporter… until now.

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