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Kelley - 2 Peter Maithel - 2 carmakers - 1 COVID - 1 Ford - 1 Martin French - 1 Tesla - 1 they've - 1
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Morning - 2 GM - 2 EV - 2 Ford - 2 UAW - 1 Detroit - 1 Dealers - 1 United Auto Workers - 1

Search resuls for: "Peter Maithel"


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☆ Automakers are facing an uphill battle as inventory piles up and workers threaten to go on strike
  + stars: | 2023-08-17 | by ( Alexa St. John | ) www.businessinsider.com   time to read: +5 min
After a few years of smooth-sailing, Detroit automakers are coming up against several challenges. A possible UAW strike, supply chain hurdles, and inventory building up threaten carmakers' peace. The peace that Detroit automakers have had over the past several months is getting interrupted — and car buyers and investors should brace themselves. Between dealer tensions, a potential United Auto Workers strike, and parts makers struggling, automakers face a rough time ahead. Second, Detroit 3 union workers are gearing up for a strikeA strike could threaten those companies' success in the latter half of the year.
Persons: carmakers, COVID, Ford, Martin French, Kelley, Peter Maithel Organizations: UAW, Morning, Detroit, Dealers, United Auto Workers, Cox Automotive, Chrysler, Dodge, GM, GMC, Buick, EV, Ford, Deutsche Bank Locations: Detroit
☆ Automakers are replacing decades of know-how with strategies from Tesla's playbook
  + stars: | 2023-06-16 | by ( Alexa St. John | ) www.businessinsider.com   time to read: +5 min
Auto companies need EV battery supply more than ever, but the costs are adding up. Prices and a push to use local materials have carmakers investing in in-house battery supply. That means car companies are seeking an alternative and racing to secure their battery supply in the US. But the pandemic — and other disruptions, like natural disasters — shed a light on just how vulnerable that can also make auto companies. It's complicated and time-consuming, but may ultimately be the best way car companies can get closer to lowering the cost of new EVs.
Persons: Tesla, they've, They've, Peter Maithel, Julian Stratenschulte, There's, We've, Matt Sculnick, Nomura, Rivian, —, Alvarez, Tony Lynch, Kelley Organizations: Auto, EV, Morning, Infor, Volkswagen, Getty, Marsal, GM, Ford Locations: Europe, Asia, China, Illinois
☆ To make cheap EVs work, automakers are replacing decades of know-how with a move from Tesla's playbook
  + stars: | 2022-12-15 | by ( Alexa St. John | ) www.businessinsider.com   time to read: +5 min
Auto companies need EV battery supply more than ever, but the costs are adding up. Prices and a push to use local materials have carmakers investing in in-house battery supply. That means car companies are seeking an alternative and racing to secure their battery supply in the US. But the pandemic — and other disruptions, like natural disasters — shed a light on just how vulnerable that can also make auto companies. It's complicated and time-consuming, but may ultimately be the best way car companies can get closer to lowering the cost of new EVs.
☆ Carmakers fighting for battery supply need ways to track EV ingredients. A new kind of 'passport' could be the answer.
  + stars: | 2022-11-25 | by ( Alexa St. John | ) www.businessinsider.com   time to read: +4 min
A "battery passport" that traces everything from a battery's mining to recycling could help. Experts say using the battery passport could separate auto-industry winners from losers. That challenge could be alleviated by the "battery passport," a new way of documenting where all the bits of a battery come from and where they're going. In Europe, newer regulations have increased scrutiny of battery sustainability and safety. The battery passport could make it easier to get through them.
☆ Lucid delivered a startlingly small share of its produced cars to customers — revealing a problem plaguing EV companies vying to be the next Tesla
  + stars: | 2022-11-23 | by ( Alexa St. John | Nora Naughton | ) www.businessinsider.com   time to read: +5 min
Rivian and Lucid have reported delivering far fewer cars than they've built this year. Lucid reported that in the third quarter of this year, it built 2,282 cars but delivered just 1,393 of them to customers. Rivian, too, has seen a gap, though less extreme: The Amazon-backed startup built 7,363 vehicles and delivered 6,584 in Q3. For the first nine months of 2022, Rivian had produced 14,317 cars, and delivered 12,278, a rate of 86%. Still, House said she expects vehicles produced to continue to outpace vehicles delivered in the near-term as Lucid accelerates production and starts delivering internationally.
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