Posts Tagged: production

Lucid Motors has drastically reduced its production target, again

Luxury EV startup Lucid Motors changed its yearly production target again, lowering it to an expected output of between 6,000 and 7,000 vehicles, the company announced today. That’s only a fraction of the 20,000 cars that Lucid initially promised to deliver in 2022. The Tesla competitor has only produced 1,405 vehicles so far this year, giving it a mere four months to build thousands of new cars.

Supply chain woes and a shortage of parts and raw materials are to blame for the slow output, the company claims. In a call with investors, the California-based company’s CEO Peter Rawlinson said it is planning a number of structural changes to amp up production. "Our revised production guidance reflects the extraordinary supply chain and logistics challenges we encountered," said Rawlinson. "We've identified the primary bottlenecks, and we are taking appropriate measures – bringing our logistics operations in-house, adding key hires to the executive team, and restructuring our logistics and manufacturing organization."

On top of ongoing production struggles, this May the company was forced to recall all of its 2022 Air EVs due to wiring issues — a total of over 1,000 cars. Such challenges haven't appeared to impact demand for the luxury vehicles. So far, there have been 37,000 reservations for Lucid Motor’s all-electric sedan, the Lucid Air, the company disclosed in the call. On top of that, Lucid plans to sell over 100,000 cars to the government of Saudi Arabia — which poured over $ 1 billion into the company and owns a 62 percent stake.

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AirPods 3 in production, still expected before end of year, analysts say

Despite being a no-show at Apple’s iPhone 13 launch event, experts still believe we’ll see the AirPods 3 before the end of the year.
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Tesla will halt Model S and X production for 18 days

Tesla has plenty of demand for its electric cars despite the pandemic, but that doesn’t appear to extend to its highest-end EVs. CNBC has obtained an internal Tesla email revealing that the automaker will shut down production for the Model S and Mode…

Boeing is reportedly ending production of its 747 jumbo jet

If it wasn’t already apparent that the era of ‘big’ flying is ending, it might be soon. Bloomberg sources say Boeing is ending production of its iconic 747 jumbo jet (specifically, the 747-8) in about two years. A spokesperson for the aircraft maker…
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Valve’s Index VR production has been impacted by coronavirus

We're just about a month out from the launch of Half Life: Alyx on March 23rd, and like so many other things, it is seeing some impact from the coronavirus outbreak. According to a statement given to RoadtoVR and UploadVR, Valve still plans to restoc…
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Boeing will freeze 737 Max production as FAA review carries on

As you've probably noticed, Boeing's flawed 737 Max still hasn't received the regulatory all-clear as 2019 draws to a close — and that's now affecting manufacturing. Boeing said it will suspend 737 Max production in January now that the FAA expect…
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Production is finally starting on the ‘Halo’ TV series

After six long years, filming for the Halo TV series is ready to start. Showtime has announced that production on the game-based show is "about to begin," and has revealed three new cast members in the process. Danny Sapani (of Doctor Who and The L…
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Huawei prepares to start production of the 7nm Kirin 980 CPU

Samsung recently announced they had finished up their development of the 7nm manufacturing process for mobile processors ahead of schedule, but they’ve still got plenty of competition to contend with. Huawei is easily one of Samsung’s biggest rivals on that front, and rumor has it they’ll start manufacturing their own 7nm Kirin 980 CPU this […]

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Nissan’s electric SUV concept will enter production

Nissan's current electric car lineup revolves almost exclusively around the Leaf, but it's ready to diversify its selection. The company's European design chief Mamoru Aoki has revealed to Autocar that a production version of the IMx concept SUV (abo…
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Samsung pushing into 7nm chip production for high-end, 11nm for mid-tier

In an announcement released yesterday, Samsung revealed that they are planning to transition production of their top of the line chips to use a 7-nanometer manufacturing process. Chips destined for mid-tier devices are also getting a boost as Samsung plans to move those chips to an 11-nanometer process. Currently, many top-tier chips use 10-nm production […]

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Mercedes steps up its electric car production plans

When Mercedes-Benz parent Daimler unveiled plans to have at least six electric cars on the market within a decade, it was clearly being conservative. The automaker has announced that it's accelerating those plans, with over 10 EVs on the road by 202…
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Tesla: Model 3 production is on track to start in July

Tesla's final earnings report for 2016 is most notable for what it tells us to expect in the upcoming year. In a letter to shareholders (PDF), Elon Musk & Co. report that Model 3 production is on track to start in July, ramping up to full-scale p…
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New production method may accelerate mass production of graphene

Conventional graphene production methods include a number of steps, such as growth, transfer, patterning, and deposition. Researchers in the United Kingdom have managed to consolidate a number of these steps.

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