Automotive OEMs

Rivian considers Texas, Arizona for $5B electric vehicle plant

Automaker Rivian is eyeing locations in Texas and Arizona, among others, as possible sites for its second electric vehicle factory.

The Irvine, California-based manufacturer is in talks with officials in Fort Worth, Texas, and Mesa, Arizona, about building a $5 billion auto factory — dubbed Project Tera — aimed at producing up to 200,000 vehicles a year.

Jim Chen, Rivian’s vice president of public policy, said in an email to FreightWaves that the company is talking with several locations for its...

https://www.freightwaves.com/news/rivian-considers-texas-arizona-for-5b-electric-vehicle-plant

Transmission: Taiwan chipmakers promise to prioritize auto industry needs

Thank goodness it’s Friday! Here’s what’s cookin’ today in Transmission:

  • Auto industry sighs in relief as calls for chip prioritization are heard
  • Arrival’s innovative assembly line strategy breaks the status quo
  • Industry news

Auto industry sighs in relief as calls for chip prioritization are heard

On Tuesday, automakers were calling on the Taiwanese government to persuade Taiwan chip manufacturers to reallocate production capacity for the auto industry. It looks like those pleas for help were...

https://www.freightwaves.com/news/transmission-taiwan-chipmakers-promise-to-prioritize-auto-industry-needs

Transmission: Incumbent OEMs cutting Tesla’s lead

OEMs may not be that far behind Tesla

Whenever I think about electric vehicles, I can’t help but immediately think of Tesla. The company revolutionized the EV game. Tesla is always looking for new ways to innovate the industry from introducing battery improvements (thanks to heavy investment in R&D) to sustainability woven intricately within its supply chain. It’s the reason the company is so far ahead of competition and why OEMs are working hard to catch up. However,  people often forget one...

https://s29755.pcdn.co/news/transmission-incumbent-oems-cutting-teslas-lead

Transmission: Semiconductor shortage sweeps auto industry, halting production

Another work week, another edition of Transmission. Here’s what I got cookin’ for you today:

  • Chip shortage adding to already low inventory volumes
  • A changing landscape: the rise of consumer tech giants among traditional automakers
  • Industry News
  • Est. read: 4 minutes

Chip shortage adding to already low inventory volumes 

In the beginning of December, Volkswagen brought to light what was viewed at the time as a minor chip shortage. VW predicted that the shortage would run into Q1 of 2021. Chinese...

https://www.freightwaves.com/news/transmission-semiconductor-shortage-sweeps-auto-industry-halting-production

Transmission: Low inventory levels could hamper dealership sales

Happy New Year! New year, same newsletter. Here’s another awesome edition of Transmission, a twice-weekly newsletter assembled to chronicle the seismic shift in auto supplier networks as the industry goes cross-border and electric.

Tight inventory levels holding back consumer sales

Automakers across the entire industry are looking for 2021 to be the year of rebound. Sales last year were down significantly and supply chain vulnerabilities were exposed. With 2020 in the rearview, there are...

https://www.freightwaves.com/news/transmission-low-inventory-levels-could-hamper-dealership-sales

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