By 2025, Porsche's aluminum will produce 3.5 kg of Carbon Dioxide per 1kg of aluminum used, a rate 60% lower than the primary material currently consumed in Europe.

The approach has brought new costs and logistics hurdles for supply chains that are adding a new twist to globalization.

Volkswagen will be investing $5.1 billion in the plant while the Canadian government will provide an additional $9.7 billion in the form of a tax credit.

Rich Kilgore, associate professor of management and business administration at Maryville University, offers insights into the auto industry’s transition from gas-powered to electric vehicles.

The near future will be beset with manufacturing challenges from suppliers balancing systems for both EV and internal combustion engine platforms.

The Biden administration did give automakers some wiggle room on the requirements, following an intense lobbying blitz after its passage in August.

The battle for dominance in the global semiconductor market is often framed as one between the U.S. and China, but there’s a lot more nuance to it in reality.

Around 12 times more battery-electric truck models will be available this decade than fuel cell trucks.

If automakers embrace electric vehicles, they could account for 67% of new light-duty vehicle sales and 46% of new medium-duty vehicle sales in 2032.

Automakers and battery producers in Korea are also still trying to figure out how to navigate U.S. President Joe Biden’s Inflation Reduction Act.