Industry
California governor moves to ban new gasoline-powered cars by 2035
California Air Resources Board to draft new rules to establish mandates as the state agency fights to retain its rulemaking authority.
Category: Cars/Light trucks
Manufacturing
Fiat Chrysler, Peugeot Citroen slashing merger deal value
Dividend cuts reflect lower values of both automakers in the midst of the COVID-19 global automotive downturn.
Manufacturing
Toyota supporting distance manufacturing education
With visitors still banned from most production sites, automaker is setting up virtual tours to promote STEM education.
Vehicle Tech
GM, Analog Devices develop wireless battery management system
Eliminating battery wiring systems could simplify future electric vehicles, allowing the automaker to scale up for higher ranges without massive engineering efforts.
Manufacturing
Ford to make 100 million face masks for communities nationwide
After finishing contract for 50,000 ventilators, automaker pivots to providing personal protective equipment
Manufacturing
Honda, GM deepening ties, plan to share vehicle platforms
Partnership that began to use GM electric vehicle platforms for Honda cars to now include two-way sharing of gas and electric designs.
Vehicle Tech
Canoo to go public through reverse merger with $2.4 billion valuation
Subscription-only automaker joins several EV producers opting for quick public offerings.
Industry
California agrees to emissions deals with automakers
Deals come despite Trump administration efforts to eliminate state’s rule-making authority.
Manufacturing
VW details Tennessee electric vehicle work
Chattanooga factory to build vehicles also taking a lead role in design, engineering.
Manufacturing
Lordstown Motors to go public with $1.5 billion valuation
Reverse merger will generate $675 million to retool Ohio plant for Endurance pickup launch.
Manufacturing
Ford earns $1.1 billion in Q2, GM loses $800 million
Gain for Ford comes from Volkswagen investment in self-driving car initiative.
Manufacturing
Building construction begins on GM/LG battery plant
Ultium Cells LLC in Ohio will make battery cells for future General Motors Vehicles.