Tag: Industry

Tesla Moving HQ To Texas, Cybertruck Still A Year Away, Says Musk

Tesla is moving its HQ to Austin, Texas, CEO Elon Musk has announced at the company’s annual shareholder meeting. The EV-maker already has a factory under construction in Austin that will manufacture both the Model Y and the Cybertruck, and held the shareholder meeting there, rather than in Palo Alto. The news wasn’t totally unexpected. […]

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Tesla Officially Moving to Texas, Elon Musk Confirms Austin HQ

<img data-attachment-id="1737140" data-permalink="https://www.thetruthaboutcars.com/2020/10/elon-musk-says-tesla-to-enter-india-next-year/shutterstock_420663502/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_420663502.jpg" data-orig-size="7000,4667" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="tesla chargers tesla logo" data-image-description=" Jag_cz/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_420663502-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_420663502-610×407.jpg” class=”aligncenter size-large wp-image-1737140″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_420663502-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_420663502-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_420663502-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_420663502-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_420663502-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2020/10/shutterstock_420663502-120×80.jpg 120w” sizes=”(max-width: 610px) 100vw, 610px”> Tesla CEO Elon Musk has officially announced that his company would be moving house this week. Currently nestled […]

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BMW Invests In U.S. Startup That Promises To Make Lithium Mining Greener

BMW announced that its venture capital fund, BMW i Ventures, is investing in Lilac Solutions, a U.S. startup that has developed an innovative process to harvest lithium. Through this investment, the automaker hopes to eventually make the production of its EVs greener. Lilac Solutions has patented an ion exchange technology that seeks to improve the […]

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Alfa Romeo To Launch New Model Every Year Until 2026, After Which It’s Going EV Only

Alfa Romeo’s CEO, Jean-Philippe Imparato said Wednesday that the brand is set to release one new vehicle per year until 2026 starting with the production version of the Tonale small crossover concept in 2022. The Tonale, which was initially supposed to be launched at the end of this year, will be presented in March, the […]

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General Motors And General Electric To Collaborate On Renewable Supply Chain For EVs

General Motors announced today that it has signed a non-binding memorandum of understanding with GE Renewable Energy to look for ways to improve the supply of heavy and light rare earth materials and magnets, copper, and electrical steel used to make electric vehicles. Initially, the pair will focus on creating a supply chain for magnet […]

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From triathlons to aerospace, Caitlin Braun MBA ’21, SM ’21 pursues passions for leadership and manufacturing

Caitlin Braun MBA ’21, SM ’21 covers ground as an Ironman triathlete — and scales new heights at J&E Precision Tool, which provides parts to the aerospace and defense industries. As J&E’s director of strategy and process improvement, she focuses on streamlining efficiency across three J&E companies nationwide, focusing on high-precision parts for missile defense. […]

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UK Vehicle Registrations Fall Into Bottomless Pit

<img data-attachment-id="1678584" data-permalink="https://www.thetruthaboutcars.com/2019/06/ask-bark-did-i-throw-away-the-key-to-a-new-car/shutterstock_731078407/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_731078407.jpg" data-orig-size="1000,667" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="inflatable tube man wacky waving style dealer lot" data-image-description=" Gretchen Gunda Enger/Shutterstock ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_731078407-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_731078407-610×407.jpg” class=”aligncenter size-large wp-image-1678584″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_731078407-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_731078407-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_731078407-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_731078407-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_731078407-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_731078407-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2019/06/shutterstock_731078407.jpg 1000w” sizes=”(max-width: 610px) 100vw, 610px”> Despite manufacturers still managing to turn a profit, the automotive […]

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MIT Sloan and Bayer team up to cultivate digital intrapreneurship capability

In addition to offering a diverse roster of non-degree open-enrollment courses for individuals, MIT Sloan Executive Education commonly works with companies and organizations to design and deliver custom educational programs that address their specific challenges, leading to a dynamic learning experience that can yield significant, real-world results. MIT Sloan Executive Education embraces groups that view […]

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General Motors Plans Battery-Cell Lab in Southeast Michigan

We’ve written about the lofty promises automakers are making when it comes to EVs, but regardless of whether you think they’ll make their targets or not, they’re at least putting plans in motion. Ford has its Blue Oval City. Meanwhile, General Motors has plans to open a battery-cell lab in suburban Detroit. According to Automotive News, […]

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GM Signs Silicon Carbide Supply Deal With Wolfspeed To Improve Future EVs’ Electric Components

General Motors today announced a strategic agreement with Wolfspeed, Inc. to develop and provide silicon carbide power device solutions for the automaker’s future EVs. The material will be adopted for use in power electronics contained within GM’s upcoming Ultium Drive units for its next-generation EVs. The company says that silicon carbide enables greater efficiency resulting […]

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Volvo Announces IPO, Polestar Does SPAC Merger

<img data-attachment-id="1476985" data-permalink="https://www.thetruthaboutcars.com/2016/12/volvo-heading-ipo/volvo-emblem-logo-grille/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2016/12/volvo-emblem-logo-grille–e1482264195469.jpeg" data-orig-size="1247,854" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="volvo emblem logo grille" data-image-description=" Image Volvo ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2016/12/volvo-emblem-logo-grille–e1482264195469-450×308.jpeg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2016/12/volvo-emblem-logo-grille–e1482264195469-610×418.jpeg” class=”aligncenter size-large wp-image-1476985″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2016/12/volvo-emblem-logo-grille–e1482264195469-610×418.jpeg” alt=”volvo emblem logo grille” width=”610″ height=”418″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2016/12/volvo-emblem-logo-grille–e1482264195469-610×418.jpeg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2016/12/volvo-emblem-logo-grille–e1482264195469-75×51.jpeg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2016/12/volvo-emblem-logo-grille–e1482264195469-450×308.jpeg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2016/12/volvo-emblem-logo-grille–e1482264195469-768×526.jpeg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2016/12/volvo-emblem-logo-grille–e1482264195469-120×82.jpeg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2016/12/volvo-emblem-logo-grille–e1482264195469.jpeg 1247w” sizes=”(max-width: 610px) 100vw, 610px”> Volvo Cars has confirmed months of speculation by announcing that it’s planning […]

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Will Chip Shortage Dethrone GM’s Sales Dominance?

Ninety years. That’s the amount of time that General Motors has led the sales charts in the U.S. That may change this year, according to industry bible Automotive News, because of the ongoing microchip shortage. Toyota has outsold GM in the U.S. for two consecutive quarters now, despite a September decline of 22 percent as it, […]

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Daimler To Split Into Two Companies, Luxury Carmaker Mercedes-Benz Group And Daimler Trucks

Daimler will be split into two separate entities, one focusing on passenger vehicles under the newly formed Mercedes-Benz Group moniker from next February, and the other on commercial vehicles as Daimler Trucks. The decision to separate the commercial division was reached at an Extraordinary General Meeting today with the company to list Daimler Truck Holding […]

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Lordstown Motors Sells Home to Foxconn

<img data-attachment-id="1766260" data-permalink="https://www.thetruthaboutcars.com/2021/06/lordstown-deathwatch-another-unflattering-sec-filing-emerges/lordstown-factory-solar-array/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2021/06/Lordstown-factory-solar-array.jpg" data-orig-size="1024,512" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="Lordstown factory solar array" data-image-description=" Lordstown Motors ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2021/06/Lordstown-factory-solar-array-450×225.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2021/06/Lordstown-factory-solar-array-610×305.jpg” class=”aligncenter size-large wp-image-1766260″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2021/06/Lordstown-factory-solar-array-610×305.jpg” alt width=”610″ height=”305″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2021/06/Lordstown-factory-solar-array-610×305.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/06/Lordstown-factory-solar-array-75×38.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/06/Lordstown-factory-solar-array-450×225.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/06/Lordstown-factory-solar-array-768×384.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/06/Lordstown-factory-solar-array-120×60.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/06/Lordstown-factory-solar-array.jpg 1024w” sizes=”(max-width: 610px) 100vw, 610px”> The troubled Lordstown Motors has announced it will be selling its Ohio production facility to […]

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NIO Brings Battery Swapping To Europe As They Launch ES8 SUV And Open First NIO House In Norway

NIO’s European expansion has kicked off, with the Chinese electric car maker debuting the flagship ES8 SUV at the new NIO house in Oslo. The launch took part on the 30th of September with preparations to open the Oslo NIO house to the public on October 1st. The NIO ES8 starts at NOK 609,000 ($69,500 […]

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Nissan Invests $40 Million In Michigan-Based Safety Advancement Lab

Nissan today announced that it is expanding its Michigan-based engineering center, Nissan Technical Center North America (NTCNA). It has spent $40 million on a new Safety Advancement Lab for vehicle safety testing. “This expansion underscores Nissan’s commitment to the region and enables us to be a global center of excellence for new vehicle testing,” said […]

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Lucid Motors Becomes an Automaker

<img data-attachment-id="1775086" data-permalink="https://www.thetruthaboutcars.com/2021/09/lucid-motors-becomes-an-automaker/lucid-air-pre-delivery-inspection/" data-orig-file="https://www.thetruthaboutcars.com/wp-content/uploads/2021/09/lucid-air-pre-delivery-inspection.jpg" data-orig-size="1600,1067" data-comments-opened="1" data-image-meta="{"aperture":"0","credit":"","camera":"","caption":"","created_timestamp":"0","copyright":"","focal_length":"0","iso":"0","shutter_speed":"0","title":"","orientation":"0"}" data-image-title="lucid-air-pre-delivery-inspection" data-image-description=" Lucid Motors ” data-medium-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2021/09/lucid-air-pre-delivery-inspection-450×300.jpg” data-large-file=”https://www.thetruthaboutcars.com/wp-content/uploads/2021/09/lucid-air-pre-delivery-inspection-610×407.jpg” class=”aligncenter size-large wp-image-1775086″ src=”https://www.thetruthaboutcars.com/wp-content/uploads/2021/09/lucid-air-pre-delivery-inspection-610×407.jpg” alt width=”610″ height=”407″ srcset=”https://www.thetruthaboutcars.com/wp-content/uploads/2021/09/lucid-air-pre-delivery-inspection-610×407.jpg 610w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/09/lucid-air-pre-delivery-inspection-75×50.jpg 75w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/09/lucid-air-pre-delivery-inspection-450×300.jpg 450w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/09/lucid-air-pre-delivery-inspection-768×512.jpg 768w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/09/lucid-air-pre-delivery-inspection-120×80.jpg 120w, https://www.thetruthaboutcars.com/wp-content/uploads/2021/09/lucid-air-pre-delivery-inspection.jpg 1600w” sizes=”(max-width: 610px) 100vw, 610px”> Production of the 2022 Lucid Air started this week, adding another automaker to the North American roster. The […]

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Abandoned History: Project Genesis, Toyota Cars for Young People

Toyota was very focused on youthful consumer appeal at the turn of the millennium. Around the same time the WiLL sub-brand launched in the Japanese home market with its multitude of different products, a similar project was just getting underway at Toyota Motor Sales USA. It was called Project Genesis, and like WiLL, it didn’t […]

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Ford To Invest $11.4 Billion Into Two Massive EV And Battery Plants

Ford has announced plans to construct two huge complexes in Tennessee and Kentucky to produce the next generation of electric F-Series trucks and batteries. Ford will work with partner SK Innovation at both sites. The first mega campus will be a $5.6 billion facility in Stanton, Tennessee dubbed Blue Oval City and will create approximately […]

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Tesla Breaks Ground At Battery-Manufacturing Plant In California

Tesla has broken ground on a new production facility in California that will focus on producing the company’s large Megapack battery system. The new factory is located in the Northern California city of Lathrop, not too far from Tesla’s existing factory in Fremont, California. Tesla also operates a 870,000-square-foot distribution center in Lathrop. Tesla’s Megapack […]

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Some Mercedes Customers Will Have To Wait More Than A Year To Take Delivery

Daimler has revealed that some Mercedes-Benz customers will have to wait more than a year for their orders because of issues related to the global semiconductor shortage. Daimler chief executive Ola Kallenius recently spoke with German newspaper Frankfurter Allgemeine Zeitung and reiterated previous comments about just how great the impact from the shortage is on […]

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