Toyota agrees to biggest wage hike in 25 years, paves way for BOJ shift

Toyota Motor agreed to give factory workers their biggest pay increase in 25 years on Wednesday, heightening expectations that bumper pay raises will give the central bank leeway to make a key policy shift next week. Toyota, Panasonic, Nippon Steel and Nissan were among some of Japan Inc’s biggest names that agreed to fully meet … Read more

‘Gooey Mess’ Tesla Cybertruck Deliveries Held Up By Battery Production Nightmare

Good morning! It’s Thursday, December 21, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Tesla’s Cybertruck Has Finally Arrived 1st Gear: Tesla 4680 Battery Holds Up The Cybertruck Tesla recently delivered the … Read more

Panasonic’s New Powder-Powered Batteries Will Supercharge EVs

“There are companies that have partnerships and collaborations, but they’re all still in development,” claims Berdichevsky, “while we’re ready for scale production manufacturing.” Not coincidentally, Moses Lake is also home to REC Silicon, a formerly shuttered supplier to the photovoltaics industry, and now one of only two US makers of silane gas. Group14 will be … Read more