The shortage of semiconductor chips required for advanced technologies will soon turn into a surplus, reversing the semiconductor shortage that has afflicted the automotive industry for the majority of the previous two years. VNC Automobile, an in-vehicle networking specialist, believes that the possibility of a recession may trigger a surplus. “It’s ironic that the very […]
Volkswagen is in talks with Foxconn to build electric pickup trucks and SUVs for its Scout brand, according to a recent Reuters report. VW said in May that it would reintroduce the Scout name, which originated with the classic International Harvester Scout, one of the earliest SUVs. While that first Scout was just one model, VW envisions an entire... 
Hyundai and battery supplier SK On are partnering to meet the new battery sourcing requirements of the Inflation Reduction Act (IRA). The IRA continues the $7,500 federal EV tax credit, but to qualify for the full amount, it stipulates that EVs and their battery packs must be assembled in North America, and certain minerals used in batteries must... 
