Rivian CFO: Don't Expect Smaller Truck to Be Cheaper Executives believe the company could generate gross profits by the end of 2024. Jennifer Ramsay Rivian Automotive Inc.'s upcoming R2 pickup and SUV promise [...]

GM Wins US Army Full-Rate Production for ISV The Infantry Squad Vehicle is an upgraded Chevy midsize pickup developed for high-speed all-terrain troop transport, and GM is set now to deliver more than 1,700 [...]

GM CFO: ‘We Need to Be More Urgent Around Cost-Cutting’ With more EV investments ahead and pricing power waning, Paul Jacobson tells a conference the auto giant needs to stay ‘in a little [...]

German Machine Tool Builders Forecast 2023 Expansion Asserting that production volumes and new-order levels are up, and that supply shortages and lockdowns are no longer concerns, the world’s third-largest machine-tool sector forecasts a [...]

General Motors JV to Develop New DoD Vehicle With a partner, GM’s bid for a potential $14-billion project for new U.S. Army tactical trucks foresees an updated version of the HX3, based on a [...]

Rivian Is Developing an Electric Bike RJ ScaringePhotographer: Patrick T. Fallon/Bloomberg Rivian Automotive Inc. is developing an electric bike, the chief executive officer told staff, potentially expanding the EV maker’s product lineup. [...]

Should Remanufactured Bearings Become Standard? Chris Johnson One source holds that it takes approximately 100 process steps to produce a new bearing, compared to roughly ten for a remanufactured bearing. No surprise… there [...]

Redwood's $3.5 Billion Battery Material Campus to Create 1,500 Jobs Nolan Beilstein Redwood Materials announced that its next battery materials campus would be located near Charleston, South Carolina. The $3.5 billion project is expected to [...]

Companies Committed Over $700 Million to EV Charging in 2022, Boosting Sourcing for Stations 132% YoY Brooklyn Kiosow Ahead of the holiday season last year, Amazon announced the deployment of its Rivian electric [...]