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11 hours ago · By Chris Thompson, Operations Director at Electrix International. The automotive industry's reliance on its supply chain running smoothly is important to ensure the consistent production of vehicles for consumer and corporate demand, especially considering that most vehicles can contain between 15,000 and 25,000 component parts.
2 hours ago · The auto sector is a prime example of how China has been able to move so fast to gain manufacturing dominance. ... which at the time led the electric car battery industry to build factories in China.
11 hours ago · President Biden is set to announce massive new tariff increases on $18 billion worth of Chinese imports — including a 100% tax on electric vehicles. Why it matters: The administration wants to keep cheap Chinese EVs out of the U.S. market and prevent domestic automakers (and workers) from getting crushed by the competition.
11 hours ago · David Zoia | May 14, 2024. The Automotive Industry Action Group, a nonprofit organization tasked with driving standards for process efficiencies and quality control, is retooling. Under the ...
11 hours ago · A tiny, low-priced electric car called the Seagull has American automakers and politicians trembling. The car, launched last year by Chinese automaker BYD, sells for around $12,000 in China, but drives well and is put together with craftsmanship that rivals U.S.-made electric vehicles that cost ...
11 hours ago · Indeed, the EV is a paradigm shift for the auto industry. A recent report from the Rocky Mountain Institute (RMI) estimated that EVs could account for two thirds of global car sales by 2030. The report also notes that, thanks to falling battery prices, EVs could hit price parity with fossil-fuel automobiles in Europe in 2024 and in the U.S. in ...
11 hours ago · In line with our commitment to Ohio, Honda is also retooling three of its existing plants, including Marysville’s auto plant, to dovetail with the battery plant’s EV production capabilities. This interwoven strategy exemplifies our concerted push toward creating a thriving, future-focused Ohio—one that’s at the heart of the automotive ...
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related to: Automotive industryThe Canadian Automotive Industry Benefits From Established Supply Chains. Learn More Today. Learn More About The Automotive Industry In Canada And Start Investing Today.
