Plastics supplier to Rivian, Bosch, others faces insolvency
Unique Fabricating is facing insolvency after failing to make loan payments and dealing with allegations of improperly reporting finances, on top of being investigated for alleged labor rights violations in Mexico......»»
4 big takeaways from Rivian"s Q1 earnings report
Rivian reported a $1.45 billion net loss in the first quarter, higher than a year earlier. But it also laid out a roadmap for slashing production costs and launching a more affordable EV in 2026......»»
GM logistics supplier Proficient Auto raises $215 million in IPO
The company, which transports finished vehicles from manufacturers and shipping ports to auto dealerships, provides services to GM, Stellantis, Toyota and other automakers......»»
9to5Mac Daily: May 8, 2024 – More new iPad tidbits, Apple + Rivian partnership?
Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Sponsore.....»»
Mercedes-Benz G580 vs Rivian R1S: rugged electric SUVs, compared
Mercedes-Benz has unveiled the new G580, its take on an electric G-Wagon. But how does it compare with another rugged electric SUV, the Rivian R1S?.....»»
Rivian"s Q1 net loss widens to $1.45B as Illinois plant retools for lower-cost EVs
CEO RJ Scaringe said Rivian had successfully retooled its Normal factory with new robots and new parts suppliers to cut costs and increase line speed. He declined to comment on reported talks with Apple Inc......»»
Rivian"s Q1 net loss widens to $1.45 billion as revenue nearly doubles to $1.2 billion
Rivian's first-quarter deliveries surged 71 percent to 13,588 while production rose 48 percent to 13,980. Rivian expects to build 57,000 vehicles this year, about the same as last year......»»
Apple in talks with Rivian, likely over Apple Car revival
Apple is said to be investigating a partnership with a US electric vehicle firm, believed to be Rivian, in a move that could mean reviving the Apple Car.Rivian R1TThe whole Apple Car project was reportedly scrapped in February 2024, with its team red.....»»
Smart labs for bespoke synthesis of nanomaterials are emerging
In the early 20th century, the development of a catalyst for ammonia synthesis by the Haber-Bosch method took more than 10,000 experiments before it was successful. The development of new materials is a time-consuming and costly process from design t.....»»
Apple Car may not be completely dead -- Apple is discussing a partnership with Rivian
Apple is said to be investigating a partnership with a US electric vehicle firm, believed to be Rivian, in a move that could mean reviving the Apple Car.Rivian R1TThe whole Apple Car project was reportedly scrapped in February 2024, with its team red.....»»
Report: Apple mulling potential partnership with Rivian
Earlier this year, Apple canceled its decade-long Project Titan electric car initiative, but a new report from DigiTimes says that Apple’s electric vehicle ambitions might not be over. According to the story, Apple is “assessing the possibility o.....»»
Sonos headphones likely revealed in website slip-up
Sonos' unreleased headphones may have been inadvertently revealed by a European parts supplier......»»
Rivian to report Q1 earnings as EV maker cuts costs, prepares new models
While Rivian announced an $827 million incentive package from the state of Illinois last week, analysts still expect it to burn through billions in cash this year......»»
A global plastic treaty will only work if it caps production, modeling shows
An international agreement to end plastic pollution is due to be sealed this year in Busan, South Korea. At the penultimate round of negotiations, held in Ottawa, Canada, Rwanda and Peru proposed a target to cut the weight of primary plastics produce.....»»
Boeing faces critical launch ferrying astronauts to the International Space Station
Ferrying astronauts to the International Space Station has almost become routine—but not for Boeing and not on Monday, when after years of delay it's finally set to launch two crew members to the orbiting platform on a critical test flight......»»
From scandals to slowdown, Toyota faces these top five challenges as it pursues record profits
Toyota expects stellar results in its fiscal-year earnings announcement on May 8, from record sales to record profits. But there could still be some wobbles in the final report, including guidance on whether it can keep up its red-hot pace......»»
Magna adds 363 jobs at 3 operations in Michigan
Magna, the world’s fourth-largest auto supplier, will open an engineering center for lighting in Novi and an R&D center in Troy, while adding manufacturing capacity in Lyon Township, according to a statement last week......»»
American Axle revenue, profit climb in first quarter
American Axle & Manufacturing Holdings Inc. increased revenue and profit in the first quarter thanks to steadier production from its customers. The automotive supplier saw year-over-year revenue growth of 7 percent to $1.6 billion during the period,.....»»
Rivian taps Volvo executive as COO ahead of new-model launch
Rivian Automotive Inc. hired Javier Varela as its new chief operations officer to help the electric-vehicle maker scale output as it prepares to roll out a lower-cost model geared for the mass market......»»
Apple said to be stealing tech from expensive suppliers to give to cheaper ones
A new report claims that a supplier may develop new technology or new processes, only for Apple to — perfectly legally — take that work to a cheaper company, sometimes leaving the original one to go bankrupt.Apple has suppliers all over the world.....»»
The ecology of industrial renewal
Industry faces many problems in the current economic, sociopolitical, and environmental context. The idea of industrial renewal has thus come to the fore as an approach that might allow us to address those different challenges sitting with the new ap.....»»