Can California’s Power Grid Support New Mandate?

The entire Western U.S. faces a heatwave over the Labor Day weekend.

During the six-to-seven-day streak of extreme temperatures, California’s 40 million person population is being asked to not charge electric vehicles from 4-9pm and to set air conditioners at 78 degrees or higher. They have also been told not to use other major appliances and to turn off any “unneeded” devices.

While conservation is certainly a helpful concept, many Californians are frustrated by the ongoing capacity shortages of the power grid. […]

By |2022-09-05T19:27:16+00:00September 5, 2022|Tags: , , |

Hyundai Plans a New EV Plant in Georgia

Hyundai Motor Group plans to build a $5.5 billion electric car plant near Savannah, GA. The plant will have a production capacity of up to 300,000 vehicles per year in 2025.

The state of Georgia would provide Hyundai with tax breaks and other incentives in exchange for at least 8,100 jobs.

A new US plant may also help boost Hyundai’s EV sales. The Inflation Reduction Act, which U.S. President Biden is expected to sign into law the week of August 15, 2022, […]

By |2022-08-14T23:45:03+00:00August 14, 2022|Tags: , , |

Tesla’s Shanghai Gigafactory Revs Up

Tesla is preparing to upgrade its Gigafactory in Shanghai to produce 21,000 electric vehicles per week.

The upgrade will run from July to August, and is intended to increase Tesla’s weekly output of its Model Y SUV and Model 3 sedan by 5,000 and 2,200 respectively. Vehicles produced at Shanghai will be exported to other Asian markets, Oceania, and Europe, meeting a market demand of over 1 million electric vehicles per year.


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Toyota’s July Production Shortfall Due to Parts Shortages

Facing the challenges of semiconductor shortages and parts supply disruptions, Toyota lowered its July production forecast in Japan by 50,000 vehicles.

Toyota is expecting part shortages to be stabilized later in the year and will run additional shifts to meet the projected annual vehicle production volume of 9.7 million.

Read previous OM in the News posts about effects of the semiconductor shortage on the automotive industry, including some creative solutions


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