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The Global Chip Shortage Is Continuing to Wreak Havoc on the Car Giants

Volkswagen and Stellantis said Thursday that the ongoing semiconductor shortage remains a major problem for them.

City ofUnited kingdomJose asumendiRichard palmerPatrick hummelMary barraLorenzo grandiFiat chryslerFinancial officer richard palmerWall streetPresident lorenzo grandi4aim it8ti ffAuto componentsUsiness newsUrope news

Automakers Are Spending Billions to Produce Battery Cells for EVs in the U S

Based on a rolling five-year average, AlixPartners expects carmakers to invest $330 billion in the next five years throughout the EV supply chain.

United statesJames lewisBarun kumarSam abuelsamidLg chem energy solutionLg energy solutionFord motorOffice of energy efficiency renewableArgonne national laboratoryAutomotive researchEnergy efficiencyFiat chryslerEnergy solutionGuidehouse insightsInternational studiesGeneral motors

What to Watch Today: Wall Street Set to Start the Week Lower After Friday s Rally

Dow futures dropped Monday against the backdrop of increasing U.S. oil prices and a tick-up in bond yields.

United statesWarminsko mazurskieSouth koreaSouth koreanScott minerdBrian sullivanRebecca pattersonColin powellUnited airlinesEuropean central bankEuropean unionLg energy solutionDeutsche bankProcter gambleMilken global conferenceBridgewater senior investor rebecca patterson

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