Automakers Compete to Control Next-Generation Battery Technology

WOBURN, Mass. – Anyway Far behind Asian producers While producing electric car batteries, US automakers and suppliers are racing to develop a new generation of batteries that are cheaper, can store more energy and charge faster. It is a global competition with huge economic consequences for automakers, small battery starters and car buyers to choose …

Why Did Tesla Rise While Other Automakers Had to Make Cars?

For much of the past year, established automakers like General Motors and Ford Motor have operated in a different reality than electric car company Tesla. GM and Ford closed one plant after another—sometimes for months. shortage of computer chips, leaving dealer lots bare and zooming in on car prices. Still, Tesla stood up record sales …

China’s Popular Electric Vehicles Empower Europe’s Automakers

FRANKFURT – The name MG was formerly synonymous with lively but meticulous sports cars from England. Today, the iconic octagon badge serves a different kind of automobile passion: China’s striving to become a big brand. player in the global automobile market. SAIC Motor, one of China’s Big Four automakers, acquired the MG brand in 2007 …

Chip shortages are forcing German automakers to cut production.

Daily Business Briefing 21 July 2021Updated July 21, 2021 at 7:59PM ET July 21, 2021 at 7:59PM ET A Daimler factory in Germany. The automaker is trying to deal with chip shortages by prioritizing its most expensive and most profitable models.Credit…Kai Pfaffenbach/Reuters global semiconductor shortage Demand is recovering strongly from the pandemic-induced downturn, interrupting production …