BASF will arrange the recycling process for lithium-ion batteries produced by the group on its vans, buses and trucks, including the collection, packaging, transporting and recycling processes in European countries.

Trucking operators have been slow to invest in the vehicles because of concerns about cost and durability and a lack of battery-charging infrastructure to support trucks on long hauls. 

For manufacturers that fretted over component shortages in 2021 and 2022, the current inventory glut is reminding them of that unsettling maxim: Be careful what you wish for.

The American car manufacturing giant said that it would be cutting back production at its Michigan Rouge Electric Vehicle Center to just one shift starting April 1, 2024.

Stellantis will temporarily lay off 2,250 Italian workers after announcing plans to cut the jobs of 539 supplemental workers in the U.S.

Michelin suspended shifts at Spanish plants during the weekend of January 13 due to raw material delivery delays that arrive by sea from Asia.

The situation is even causing a rise in demand for shipping containers in Asia as shippers and forwarders foresee cargo demand in the coming weeks.

Tesla is one of the first companies in the world to disclose that Houthi militant attacks in the Red Sea caused the organization to suffer output disruptions.

Company president Koji Sato said Toyota is attempting to determine how its supply chain would be affected after suppliers Sumitomo Electric and Aisin suffered damage during the quake.

VinFast said in October 2023it would build assembly factories in India and Indonesia that each have an annual capacity of up to 50,000 cars and a capital expenditure of up to $200 million at first.