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September 17 · Issue #240 · View online
Weekly highlights of the events that impact supply chain risk within the automotive industry.
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TG Missouri Corporation is expanding its plant in Perryville, Missouri, to increase interior and exterior auto components production. They have also purchased a new building near their plant in New Albany, Indiana.
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As part of a $1B investment, Ford is adding 1.2k jobs at its Silverton, South Africa plant. The key objective is to expand the plant’s production capacity.
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Tesla successfully patented a laser-powered wiper replacement that blasts debris off the windshield.
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GM has invested millions into radar sensor software maker Oculii. The automaker could use the software to boost the resolution of radars and scale up its partially automated vehicles and fully self-driving cars.
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US-based EV battery materials startup Redwood Materials plans to build a plant that will produce 100GWh of cathode active materials and anode foil by 2025. The company will use materials from recycled batteries.
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Chipmaker TSMC is planning to build a new advanced semiconductor manufacturing facility in Kaohsiung, Taiwan. The plant is part of a $100B expansion plan.
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GM is taking a direct role with LG to identify and “wisely resolve” battery production issues. The problematic batteries are known to cause fires in GM’s Bolt EV.
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Toyota recalled 158k Tundra pickups due to a faulty headlight circuit that could turn on low and high beams simultaneously. The recall covers vehicles from 2018-21.
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Honda, Tesla, and Toyota are pushing back on the proposed $4.5k tax incentive for EVs made in the US by unionized workers. The proposed bill would favor EVs built by UAW workers at Detroit’s Big Three.
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VW subsidiaries continue to be affected by the semiconductor shortage:
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