Panasonic Energy to supply EV batteries to Mazda; Panasonic Automotive being sold to U.S. firm
Mazda and Panasonic Energy said they will later disclose details of the deal, which is for the supply of cylindrical lithium-ion batteries.
Fisker price cuts mark latest turn in downward spiral
The company’s price cuts come after a steady barrage of issues, including the dissolution of talks with a large automaker for a financial lifeline, halted production and a scathing report from Consumer Reports.
Tesla’s $25,000 car means tossing out Henry Ford's 100-year-old assembly line
Instead of a large, rectangular car moving along a linear conveyer belt, parts are assembled simultaneously in dedicated areas and then all put together at the end.
Auto industry's share of global microchip capacity rises as EVs, software grow
The automotive industry surpassed the consumer and industrial sectors in 2023 to become the third-largest end market for semiconductors worldwide as demand for automotive-grade microchips continues to grow.
Ford says it will consider Spain to build new utility vehicle
Politicians and unions welcomed the potential addition of a new model at the Valencia factory, which employs 4,800 people.