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Think Tank
Automotive: Page 44
Risky Driving Patterns Higher Before and After Holidays, Study Finds
Instances of harsh braking were higher the week before and after Thanksgiving when compared to the actual week of the holiday.
Nissan to Buy Parts from Renault-Geely Venture in Alliance Rejig
The Japanese carmaker will receive gearboxes and engines for 12 of its plants, as well as half a million parts annually, the companies said December 6.
Europe, U.K. Lag in Race for Electric Car Battery Raw Materials
Tesla in the U.S. and China’s BYD are significantly ahead of many of their European rivals in securing access to key raw materials.
Ecopro, Samsung Ink Massive $34B Battery Deal Despite EV Slump
The Cheongju, South Korea-based firm inked a contract December 1 with Samsung to supply cathode-active materials worth 43.8 trillion won ($33.5 billion) between 2024 and 2028.
New U.S. Rules Could Make It Harder to Qualify for EV Tax Credits
The White House said that it hopes the new rules will encourage the development of auto industry supply chains in the U.S.
Ford Estimates UAW Labor Deal Will Cost $8.8B
Ford and GM were forced to cut their full-year profit forecasts due to lost production from the six weeks of strikes at the companies’ U.S. plants.
Nio and Geely Sign Battery Swapping Agreement
Geely is the second car manufacturer to sign a battery swapping deal with Nio, who is also working with Changan Automobile.
Rolls-Royce to Sell Electric Flight Division
The British luxury car manufacturer wants to record operating profits between $3.17 billion and $3.55 billion a year, in line with its plan announced November 28.
Climate Activists Call for Cleaner EV Supply Chains During LA Auto Show
Demonstrators from Mighty Earth and Youth Climate Strike LA dressed in red “Squid Game” suits and staged a “die-in” at the LA Auto Show November 18.
MPs Warn “Gigafactory Gap” Could Hurt U.K.’s EV Sector
Business committee members said that the U.K. has a “limited window in the next three years to attract further investment into this sector.”
BMW Investigating Moroccan Miner Following Hazardous Water Claims
BMW has commissioned two investigations into the mine after a German newspaper said toxic arsenic was found in water samples.
Israeli Vessel’s Capture Reignites Fears Over Mideast Shipping
While the impact of the Israel-Hamas war has been contained so far, markets have been wary that the fighting will draw in other nations in the region, particularly Iran.
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