Tesla delays initial production of Cybertruck to early 2023 – source

by noreply@blogger.com (Unknown) - January 14, 20220

Image Credit:Jeenah Moon/ReutersTesla Inc (TSLA.O) aims to start initial production of its long-awaited Cybertruck by the end of the first quarter of 2023, pushing plans to start production later this year, a person familiar with the matter told Reuters on Thursday.He said the delay comes when Tesla changes the features

Nintendo Switch Production Is Reportedly Suffering Due To Chip Shortage

by HendrikWiese - November 3, 20210

Targets may be revised down again.After a rather lucrative 2020 in which sales of Switch hardware were undoubtedly impressive, seemingly only restricted by some supply issues, Nintendo has been seeking to maintain momentum. However, for the current financial year it set a target of 25.5 million hardware sales, down from

2021 smartphone production being hit hard by chip shortage – Counterpoint

by noreply@blogger.com (Unknown) - September 30, 20210

A new market intelligence report says that 2021 smartphone production is being hit hard by the global chip shortage, and that means growth will be significantly slower than expected.iPhone production is faring better than other brands, but is still being slowed – with iPhone 13 cameras a particular issue …more…The

GM extends Chevy Bolt EV production shutdown through mid-October

by Rebecca Bellan - September 17, 20210

General Motors is extending the shutdown of its Orion Assembly Plant until at least mid-October as a result of a battery pack shortage related to the recently announced Chevy Bolt EV and EUV safety recall. Bloomberg first reported that the company intends to idle its plant through the week of

GM extends Chevy Bolt EV production shutdown another two weeks

by Kirsten Korosec - September 9, 20210

GM has extended a shutdown at its Orion Assembly Plant another two weeks due to a battery pack shortage related to the widespread Chevrolet Bolt EV and Bolt EUV safety recall. GM said the extended downtime at the Orion plant will last through September 20. Orion Assembly Plant in Michigan has

EV startup Canoo is gearing up for production in Oklahoma factory

by Rebecca Bellan - August 17, 20210

EV startup Canoo has hired hundreds of employees and is homing in on a production date, but critical milestones including landing a battery supplier remain, according to the company’s second quarter earnings report. Canoo’s earnings report comes just a few weeks after the company’s first investor relations day when it named

Arrival is on-track to begin production of its electric bus and van next year

by Aria Alamalhodaei - August 12, 20210

Executives from London-based commercial EV company Arrival told investors Thursday the company was on track to meet planned product launch dates, but much will depend on whether or not the company can fulfill orders and turn letters of intent into sales – especially a crucial van order with UPS, which

Coralogix logs $55M for its new take on production analytics, now valued at $300-$400M

by Ingrid Lunden - July 29, 20210

Data may be the new oil, but it’s only valuable if you make good use of it. Today, a startup that has built a new kind of production analytics platform for developers, security engineers and data scientists to track and better understand how data is moving around their networks is

Lordstown Motors slashes production forecast for its electric pickup

by Aria Alamalhodaei - May 25, 20210

Lordstown Motors’ cash-rich SPAC dreams have turned out to be nothin’ more than wishes. The automaker reported Monday a disappointing first-quarter earnings that was a pile-up of red-ink-stained negativity. Lowlights include higher-than-expected forecasted expenses, a need to raise more capital and lower-than-anticipated production of its Endurance vehicle this year — from

Nintendo Switch Production Is Struggling To Keep Up With Demand

by HendrikWiese - May 14, 20210

"The fact is that our production plans are more uncertain".Though it's not a particularly glamorous topic and isn't talked about as much as it should be, there is currently a manufacturing crisis engulfing aspects of the technology industry, including video games. The woes of Sony and Microsoft in trying to