Tag: OEMS
Ford and CATL confirm new LFP battery factory, announce location
Yesterday afternoon, Ford and Chinese battery maker CATL confirmed a new lithium iron phosphate (LFP) battery factory in Michigan.
The news arrives some weeks after...
Honda’s Q3 performance a mixed bag: more operating profits, fewer sales
Last Friday, Honda published its third quarter financial summary, revealing impressive gains in operating profits but disappointing sales and limited production.
The automaker's operating profits...
Ford, Farley and Formula 1: A peek into the brand’s future...
Jason Stein is the host of Cars & Culture on SiriusXM, an automotive history podcast featuring interviews from business leaders such as Volkswagen CEO...
Ford disappointed by Q4 performance, but hopeful for the 2023 market
Ford has published its fourth quarter performance numbers, and, although the results are disappointing, the company's leadership remains positive over the 2023 market.
The brand's...
January car sales highlights: Toyota shrinks, Honda improves, Hyundai surprises
Now that the majority of car makers have posted their January car sales numbers, we can take a closer look at the shifts that...
Honda and GM partner to create next-generation hydrogen fuel cell system
Honda and General Motors have revealed a joint venture partnership to deliver a "next-generation" hydrogen fuel cell system.
The improvements will make the cells more...
GM invests in world’s third largest lithium mine to secure EV...
Following in the footsteps of other automakers, General Motors has secured EV material production by dedicating $650 million in investments towards the largest lithium mine...
Inventory pressures still top of mind for auto retailers in 2023,...
Research published by Wards Auto reveals that dealerships are still looking to shore up their inventories in 2023, despite struggling with vehicle shortages for...
Taking on Tesla: How other automakers are competing in the EV...
For over a decade, Tesla has become synonymous with the EV market. Its early entrance into EV manufacturing, innovation, and direct-to-consumer model disrupted the...
GM reassures customers that the new software is ‘a business for...
GM predicted earlier this year that by 2030, software-as-a-service will bring in $20 billion annually. Nonetheless, General Motors currently has hundreds of data scientists...