Hints and tips:
Related Special Reports
...The payments have also perplexed observers, coming at a time when carmakers need to plough billions into electric cars to compete with Tesla....
...Since then carmakers have pledged billions to build factories to make electric vehicles and the batteries to power them....
...Current investments include Klarna, the digital payments company, Lilium, an electric flying car start-up, and Corti, an AI-powered healthcare business....
...In the US, lawmakers have reportedly asked the Biden administration to investigate Chinese companies involved in Ford Motor’s planned Michigan battery plant....
...Around a quarter of Michigan-based Borg Warner’s global plants are “zebra” factories, which make electric car parts on the same line as those destined for engine vehicles....
...Stellantis, the parent of Chrysler, picked Indiana for a new battery plant in a joint venture with Samsung SDI. And General Motors plans to make electric pick-ups at a Michigan plant after retooling....
...Ford is pausing construction on a $3.5bn plant in Michigan where it planned to make batteries for electric vehicles using technology from a Chinese company, amid controversy over the plan and an ongoing...
...Projects like these include Ford’s planned factory in Michigan and Chinese battery company Gotion’s announced factories in the Midwest which have become political flashpoints for US-China relations in recent...
...GM will delay building electrified versions of its Chevrolet Silverado and GMC Sierra pick-up trucks at a Michigan plant until 2025, instead of next year....
...Start-ups such as Tesla, which recently slashed electric vehicle sticker prices, do not have workers who bargain collectively either....
...Ford on Monday cited increased plant capacity at its Rouge Electric Vehicle Center in Michigan, lower battery raw materials costs, and overall efforts to scale production as reasons for its latest price...
...Trump also visited Michigan during the labour action — but stopped at a non-union car parts factory to deride electric vehicles....
...Michael Moody, professor of Philanthropic Studies at Indiana University, agrees that some wealthy individuals are funding on the basis of politics....
...“The current strike could undermine Michigan’s position in the industry as the Detroit-based companies compete with the all-electric and union-free Tesla, as well as foreign-owned plants located mostly in...
...Electric vehicles, considered to be the future of the auto industry, have emerged as a sticking point in negotiations with Ford....
...While the UAW’s overarching goal is to unionise all the foreign carmakers’ plants, as well as newer electric-vehicle start-ups such as Tesla and Rivian, its campaigns are being fought one plant at a time...
...The strike began when about 13,000 workers walked off the job at assembly plants in Michigan, Ohio and Missouri, before spreading to parts depots and then additional assembly plants....
...Presidential politics, the auto industry’s shift towards electric vehicles and a new, outspoken leader at the UAW have made this year’s negotiation between the union and carmakers unusually tense....
...Another point of tension has been the automobile industry’s transition towards electric vehicles....
...GM also pulled back from ambitious targets to manufacture electric vehicles....
...Their joint venture, Ultium, has two more factories planned in Tennessee and Michigan....
...In April, GM said it would end production of the Bolt, flipping the Michigan plant where it is made to produce electrified versions of two trucks, the GMC Sierra and Chevrolet Silverado....
...ESG in executive pay: Beyond the ‘fluff’ In 2018, Marathon Petroleum agreed to pay a $335,000 fine for a diesel spill that leaked into a river on the border between Indiana and Illinois....
...At a news conference earlier today, the chief executives of the two groups said the scope of their co-operation would include software, core EV components and auto intelligence technology....
...Ford said it was “pleased” to have reached the deal and was focused on restarting its plants in Kentucky, Michigan and Illinois that were shut down after workers walked off the job....
International Edition