PALO ALTO, CA—Tesla Inc. has agreed to acquire ATW Automation, which builds battery and transmission assembly lines for major automakers like BMW and Daimler.
HAMPTON, VA—Huntington Ingalls Industries plans to build undersea drones at a facility here, anticipating greater demand for the unmanned submarines by the Navy.
Sales of electric vehicles (EVs), particularly plug-in hybrids and full battery electrics, are growing faster than expected, according to a study released earlier this year by the Boston Consulting Group.
COEUR d'ALENE, ID–KORE Power, a leading developer of battery cell and energy system storage technologies, recently announced that it is building a large-scale battery cell manufacturing facility that will open in early 2021 and create an estimated 18,000 direct and indirect jobs.
Automakers are scrambling to build a new generation of vehicles that are intelligent, connected and electrified. That’s forcing engineers to rethink how traditional assembly lines and production processes function.
The Budweiser Clydesdales have been an advertising icon since April 7, 1933, when the first hitch of eight horses trotted away from the Anheuser-Busch brewery in St. Louis with a wagon-load of beer to celebrate the end of Prohibition.
The 1920s was a golden age for the automobile in America. Millions of people jumped behind the wheel for the first time and transformed mobility, not to mention just about every facet of life. History may repeat itself during the 2020s. But, this time around, cars will be driving themselves.
RIDGEVILLE, SC — Volvo will build its own U.S. battery assembly plant as it readies a line of electric vehicles for the market. The expansion is part of a previously announced $600 million project by the Swedish automaker, which includes a second production line and Volvo Car University.
One of the main issues in the recent strike against General Motors revolved around the increasing electrification of automobiles. The shift to electric- and hybrid-powered vehicles is expected to radically alter the shape of the auto industry in the decade ahead. It will also change the look of assembly lines.