Semiconductor companies are urging EV makers to ditch traditional silicon chips and embrace materials that will make cars more efficient, helping ease consumers’ “range anxiety.”
Nissan, which reduced its manufacturing headcount as the pandemic disrupted the industry, now needs several hundred more plant employees, and it’s having to work harder to recruit them.
Lordstown to sell Ohio plant to Foxconn in $280 million deal
Lordstown Motors gets a partner that will hasten the startup’s move into large-scale production, which will help lower the high costs required to make EVs.
Kia, Hyundai slip again in Sept. behind tight supplies
The global chip shortage and other supply disruptions continued to hammer automakers last month, with Hyundai and Kia reporting lower U.S. sales in September for the second straight month.
BMW raises profit forecast as higher car prices counter chip woes