Tag: Production

Toyota Cutting Global Production By 100,000 Units In June Over Shanghai Parts Shortages

Toyota today announced that supply shortages will force it to suspend operations at several of its plants and cut production estimates by about 100,000 units in May and June. The automaker blamed the continued spread of the COVID-19 pandemic and, specifically, lockdowns in Shanghai, China, for the decision. With difficulties facing global supply lines globally, […]

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Tesla’s Shanghai Plant To Return To Pre-Lockdown Production Output This Week

Tesla will ramp up production at its factory in Shanghai, China this week to levels not seen since the country recently enforced COVID-19 lockdowns. An internal memo from the car manufacturer has revealed that it will more than double its daily output at the plant to 2,600 EVs from Tuesday, a significant jump from the […]

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Hyundai Motor Group To Build New EV And Battery Plant In Georgia Creating 8,100 Jobs

The Hyundai Motor Group is betting big on electric vehicles as the company has announced plans to invest approximately $5.54 billion (£4.43 B / €5.25 B) into the state of Georgia. The massive investment will be used to construct dedicated electric vehicle and battery manufacturing facilities on a 2,923 acre site in Bryan County, which […]

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Subaru To Build A Dedicated EV Factory In Japan Later This Decade

Subaru will build a factory solely producing electric vehicles later this decade as it looks to increase its investments into electrification over the coming five years. According to Automotive News Europe, Subaru chief executive Tomomi Nakamura revealed during the automaker’s latest fiscal year earnings that the carmaker will start building its own EVs alongside internal […]

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