Browsing: Supply Chain
Germany Plans to Create Billion-Euro Fund for Critical Raw Materials to Boost Electric Vehicle Production
The German government is taking steps to reduce its dependence on other countries for critical raw materials used in the…
Porsche Taycan Sees Global Sales Dip to 9,152 Units in Q1 2023 Due to Supply Chain Bottlenecks
Porsche, the German automaker, has reported an impressive 18% year-over-year increase in global car sales during the first quarter of…
Volkswagen and Canada to Invest $14.8 Billion in Battery Gigafactory, Boosting EV Supply Chain
Volkswagen and the Canadian government announced on Friday a joint investment of over C$20 billion ($14.8 billion) in a battery…
Tesla Reports Lower Revenues but Higher Profit in Q1 2023 Despite Worldwide Price Cuts
Tesla recently released its business figures for the first quarter of 2023, revealing a decrease in revenue by $1 billion…
Hexagon Purus, a Norwegian zero-emission vehicle technology company, has recently signed a multi-year supply contract with Panasonic in North America.…
LG Chem and Huayou Cobalt to Build South Korean Factory for Cathode Precursor Materials, Advancing Upstream Value Chain Integration
South Korean chemical company, LG Chem, has teamed up with Chinese company, Huayou Cobalt, to construct a new factory for…
Tesla has released an update on the production of their much-anticipated Cybertruck in their Q1 2023 shareholder deck. The update…
As part of US President Joe Biden’s effort to shift half of the country’s new car sales to electric cars…
Ikea Canada has announced plans to add 25 electric vehicle (EV) charging stations to its stores in Ontario and Quebec,…
In recent years, the lines between the tech and automotive industries have become increasingly blurred. Electronic giants such as Apple…
NFI Expands Fleet of Class 8 Battery-Electric Trucks in Southern California as Part of JETSI Project
NFI, a major third-party supply chain solutions provider in the US, is accelerating its commitment to sustainability by expanding its…
Li-Cycle Holdings and VinES Energy Solutions, a member of Vingroup based in Vietnam, have announced a long-term recycling partnership that…