Tag: Automobile parts manufacturing
AP source: Electric vehicle battery firms settle trade spat
WASHINGTON — Two big South Korean electric vehicle battery makers have settled a long-running trade dispute that will allow one of them to move...
SKorea’s LG to exit loss-making mobile phone business
SEOUL, South Korea — South Korean electronics maker LG said Monday it is getting out of its loss-making mobile phone business to focus on...
Automakers BMW, Volvo back moratorium on deep seabed mining
BERLIN — Automakers BMW and Volvo announced Wednesday that they support a moratorium on deep seabed mining for minerals used in electric vehicle batteries...
Big tech, Nevada repair shops clash over ‘right to repair’
CARSON CITY, Nev. — Trade groups representing big tech companies faced off with independent repair shop owners Monday during a committee hearing in the...
BMW ramping up move into electric cars
FRANKFURT, Germany — German automaker BMW said Wednesday it intends to speed its rollout of new electric cars, vowing to bring battery-powered models to...
Volkswagen plans six battery factories to ramp up electrics
FRANKFURT, Germany — Volkswagen plans six large battery factories in Europe by 2030 to power sales of more electric cars while driving down battery...
Korean battery firm offers Georgia plant as dispute lingers
ATLANTA — With a giant battery factory in northeast Georgia hanging in the balance of a trade dispute, South Korean company LG Energy Solution...
GM partner LG to invest $4.5 billion in US battery operation
NEW YORK — LG Energy Solution will invest more than $4.5 billion in U.S. battery production by 2025 as more automakers commit to churning...
Democratic senators propose clean energy tax credits
CHARLESTON, W.Va. — Two U.S. senators from states with declining manufacturing sectors are pushing to invest $8 billion through tax credits to create clean...