GM Chair and CEO Mary Barra recently teased footage of the first engineering version of the Chevy Silverado EV enduring testing at the American automaker’s proving ground in Michigan. This is an important step for Chevy as it moves closer to start of production for its first all-electric truck.
Supply chain issues brought on by the pandemic have been particularly challenging for the automotive sector. A global chip shortage among an onslaught of supply chain obstacles have adversely affected the entire industry. Tesla’s vertically integrated strategy proved to be very advantageous when facing these supply chain challenges.Read More
The mayor of a municipal area in the north of England called on Elon Musk to build a gigafactory for the production of electric vehicles in Tees Valley. The offer comes after the head of Tesla said that the company intends to have up to 12 factories around the world.Read More
The Senate has voted to pass the Inflation Reduction Act, which includes nearly $400 billion over 10 years in funding for climate and energy related programs, and an extension and improvement of the US electric car tax credit.Read More