LG Chem to double China battery capacity to meet Tesla demand, report says
The plan comes as Tesla scrambles to secure battery cells as part of an aggressive global production expansion strategy. source
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Automotive
Hyundai sales down 9% in Nov.
When some automakers report sales today, their top-line volumes are expected to show sharp declines because November 2020 had three fewer
Read MoreTesla’s S&P debut to come all at once, rippling across markets
Tesla stands to be the seventh-biggest company in the S&P 500 at its current market value, falling between Berkshire Hathaway
Read MoreNov. sales expected to drop because of calendar quirk
When some automakers report sales today, their top-line volumes are expected to show sharp declines because November 2020 had three fewer
Read MoreGM workers in S. Korea reject labor deal
Only about 45 percent of members were in favor of a preliminary agreement reached with union negotiators last week for
Read MoreVW faces leadership crisis as CEO demands confidence vote
Volkswagen Chairman Hans Dieter Poetsch is seeking to avert a clash between labor leaders and CEO Herbert Diess by postponing
Read MoreVW accused of anticompetitive campaign by Bosnian supplier
Prevent is claiming in a U.S. lawsuit that it was targeted by VW after a dispute forced the automaker to
Read MoreFord says automakers should consider backing California emissions deal
Major automakers are set to discuss next steps at a virtual meeting, which comes a week after GM abruptly said
Read MoreFord says automakers should consider backing California emissions deal
Major automakers are set to discuss next steps at a virtual meeting, which comes a week after GM abruptly said
Read MoreGroups release outline for autonomous vehicle legislation
The diverse coalition includes Advocates for Highway and Auto Safety, Center for Disability Rights, Transportation for America, Consumer Reports and
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