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VW secures raw materials as part of $34B battery push

The automaker will form key partnerships with chemicals and recycling companies and battery startups as it seeks to close a gap with rival Tesla ...

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Stellantis CEO: Microchip shortage damaged relationships between automakers, suppliers

Automakers have only a hazy view of chip supplies for the coming two years, and that is pushing them to look elsewhere to solve supply-chain headaches, Carlos Tavares said. ...

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Intel aims to build chip plants with money raised from Mobileye IPO

Intel plans to build two chip plants in Arizona, and add other plants in the U.S. and Europe at sites that have not been announced. ...

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VW said to be exploring potential $100B Porsche IPO to help fund EV, AV shift

The Porsche and Piech families would reduce their stake in VW to take direct control of the Porsche sports-car business. ...

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Toyota to build plant in N.C. capable of making up to 1.2M batteries a year

The $1.3 billion plant will eventually make batteries for as many as 1.2 million hybrid, plug-in hybrid and BEVs per year, the automaker said. ...

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As EV prospects ramp up, Tesla veteran JB Straubel tears batteries down

He says deconstructing old batteries and reusing their contents will play a linchpin role in the EV future. ...

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The EV shift is also stimulating Detroit's smaller companies

Its not just the big guys who see opportunity in the area. ...

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