EPA rules turn up heat on automakers' EV goals
If finalized, the EPA’s emissions standards could mean battery-electric vehicles make up more than half of new-vehicle sales by the 2030 model year and two-thirds by 2032.
If finalized, the EPA’s emissions standards could mean battery-electric vehicles make up more than half of new-vehicle sales by the 2030 model year and two-thirds by 2032.
A $3.5 billion EV battery plant is set to create thousands of jobs, which is exactly what some in Marshall, Mich., say they don’t want.
German parts supplier ZF Group signed a multiyear contract with a major producer of semiconductors to secure millions of silicon carbide chips that will be integrated into its upcoming inverter platform for electric vehicles.
Lidar maker Luminar Technologies’ new contract manufacturing facility is up and running ahead of schedule.
Expected to open later in the second quarter of this year, Luminar’s Monterrey, Mexico, factory is producing and shipping its Iris sensors to Volvo, company spokesperson Milin Mehta told Automotive News.
They will be installed in the Swedish automaker’s EX90 electric crossover, expected to be available as a new model in 2024.
Luminar’s Mexico factory is owned and operated by Celestica, a Canadian multinational firm that provides companies with supply chain electronics manufacturing services. Luminar owns the factory’s equipment and automated line.
Celestica operates another low-volume production facility for Luminar in Monterrey.
The new factory is 118,000 square feet. It has the capacity to produce 250,000 sensors a year, but that can be increased to 500,000 annually. The facility features 40,000 square feet of clean room space that meets International Organization for Standardization specifications.
The Inflation Reduction Act has three incentive programs for electric vehicle purchases. Here’s a brief explainer on the eligibility requirements and how each credit works.