Electric Vehicle Sector Updates: Unionization and Expansion in the US and Europe

In the sphere of electric vehicles and labor rights, Volkswagen's Chattanooga, Tennessee plant employees have successfully voted to unionize, facilitated by the efforts of leaders like Shawn Fain and fueled by the momentum from recent successful strikes This landmark decision by the workers marks the first unionization at a factory outside of the Big Three automakers in the United States, potentially influencing more factories to follow suit Meanwhile, Hyundai Mobis, an affiliate of Hyundai Motor and supplier to Volkswagen, is expanding its global footprint with a new battery system plant in Navarre, Spain. This marks the company's first production facility in Western Europe, adding to its existing network of factories The project will bolster its capacity to manufacture up to 360,000 battery systems per year and is poised to inject advanced electrification equipment technologies into the market The chosen location offers strategic proximity to major global automakers and suppliers, enhancing supply chain efficiency..