small- and medium-sized auto suppliers often lack access to finances, hindering their ability to expand to produce parts for EVs. The fund, which will be advised by an auto industry council ...
I asked. "It is time-consuming.... it is harder to find the parts " Calvin responded. To provide some assistance, the state of Michigan launched the Michigan Auto Supplier Transition Program ...
But the supplier is leaning heavily on companies like BYD, XPeng and Li Auto to regain ground. Three-quarters of its China business is with Chinese automakers, who just a few years ago made up ...
The race towards electrification has suffered a bump in the road in recent months, with sales of battery-electric vehicles (such as the Toyota bZ4X) sliding as customers opt for more affordable ...
Auto manufacturers offer protection against mechanical breakdowns through extended car warranties. While similar coverage from third parties is available, this coverage is technically considered a ...