The project in Karawang, West Java, aims to scale up battery production to 15 gigawatts a year.

Jeremy Michalek, director of Carnegie Mellon University’s Vehicle Electrification Group, describes the impact to date of the Inflation Reduction Act (IRA) on efforts to reduce U.S. automakers’ dependence on China for electric vehicle battery production.

China has threatened to raise tariffs on large-engine vehicles and said it will start collecting duties on cognac, in moves that would hit the EU’s two largest economies.

GM is aiming to source more of its raw materials for electric vehicles from the U.S, to manage battery cell costs and decrease its reliance on imported materials.

After a period of overcapacity, demand for industrial space, including warehouses and manufacturing facilities, is growing, and lease rates are rising as a result. Companies therefore need to be more careful than ever as they weigh a variety of factors when considering distribution network design and investment. 

DPW predicts that 2025 will see a concerted drive towards a digital revolution in procurement, signaling a shift from operational technologies to more strategic, relationship-driven solutions.

The proposed levies range between 7.8% on imported Teslas made in China to as much as 45% for some Chinese automakers.

The vote among the bloc’s member states was delayed in the wake of last-minute negotiations with Beijing to try to find a resolution that would avoid the new levies.

Aston Martin now expects to make 1,000 fewer cars in 2024 than it had originally projected for the year, while sales are projected to come in below 2023's totals.

When one nation controls 99% of the battery-grade graphite supply, it’s time to take notice and try a new approach.