Tesla’s far ahead of legacy carmakers in EV race

Tesla’s far ahead of legacy carmakers in EV race

By Christy Gren - Nov 22, 2021

Tesla’s groundbreaking EV technology shook up the competition, forcing the carmakers to look at the alternatives and design options to match.

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The chip shortage is a ‘short-term’ problem, says Elon Musk

The chip shortage is a ‘short-term’ problem, says Elon Musk

By Anna Domanska - Sep 26, 2021

The CEO’s outlook is far more optimistic than other automotive industry leaders who believe it may last up to 2023-24.

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Supply chain crisis bad news for automotive industry leaders

Supply chain crisis bad news for automotive industry leaders

By Christy Gren - Sep 23, 2021

The world’s biggest car companies are on track to lose production of 7.7 million vehicles in 2021. The forecast advices automakers on supply chain and other issues.

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Ford sees surprise Q2 profit despite chip shortage and manufacturing hassles

Ford sees surprise Q2 profit despite chip shortage and manufacturing hassles

By Christy Gren - Jul 30, 2021

“The business is ‘spring loaded’ for a rebound when semiconductor supplies stabilize and more closely match demand.”

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Intel in early talks to acquire chipmaker GlobalFoundries for $30 billion

Intel in early talks to acquire chipmaker GlobalFoundries for $30 billion

By Anna Domanska - Jul 16, 2021

GlobalFoundries came into spotlight last year when semiconductor industry leaders were trying to solve the ongoing chip shortage. The U.S.-based chipmaker offered something that no

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Germany’s economic rebound slowed by global chip shortage; challenges at bay

Germany’s economic rebound slowed by global chip shortage; challenges at bay

By Anna Domanska - Jul 09, 2021

The Association of German Automobile Manufacturers (VDA) cut its growth forecast for 2021 car sales to 3% from 8%, citing a global chip shortage affecting assembly production. The

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Elon Musk blames supply chain hurdles for Tesla price rise

Elon Musk blames supply chain hurdles for Tesla price rise

By Christy Gren - Jun 01, 2021

The supply chain disruptions of components in the auto industry have led to an increase in the prices of vehicles, claimed Elon Musk in a tweet reply to a query. “Prices incr

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Intel plans to invest $3.5 billion in New Mexico chip unit

Intel plans to invest $3.5 billion in New Mexico chip unit

By Anna Domanska - May 04, 2021

Intel plans to invest $3.5 billion in its New Mexico factory as part of a plan to expand domestic manufacturing investments. This is one of the largest single investments by the co

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Intel seeking $9.7 billion EU investment to build chip factory in Europe

Intel seeking $9.7 billion EU investment to build chip factory in Europe

By Anna Domanska - May 03, 2021

As the chip shortage gains momentum and forces industries heavily reliant on the technology to look for alternate ways to meet the shortfall. Intel, the pioneer in chip making, wan

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