Category: Design

But variations of a lithium iron phosphate chemistry could make up a third of the market by 2030, surging from less than 10 percent today, according to Boston Consulting Group.

The industry will figure EVs out, but it will take time.

Average plant capacity utilization — or a plant’s actual production rate compared with its potential rate — is 70 percent in North America so far this year, according to GlobalData. That’s 10 points shy of the level most carmakers strive for. Capacity utilization will fall again starting next year and plunge to an average 65 percent in 2030 and 63 percent in 2035.

If automakers don’t reassess their assembly plants over the next few years, underutilization could become another pain point of the EV transition.

The Lexus LF-ZL and LF-ZC concept EVs feature styling cues and advanced technology that brand officials said will be coming to Lexus within the next several years.

Decades of siloed data management, outdated IT structures and a lack of visibility across the supply chain have created barriers to innovation.

There is a downstream consequence of the automaker pull back on EV production plans. Just ask auto suppliers.

The sunny electric vehicle forecasts of past CAR Management Briefing Seminars gave way to a cloudier picture this year.

Rory Harvey has taken over management of North America, and Duncan Aldred is being promoted to vice president of commercial growth strategies and operations.

Recruiting and retaining top employees will require work by companies, schools and state policymakers, experts said at the 2024 CAR Management Briefing Seminars.