U.S. automakers that once aligned with the Biden administration’s green agenda now scale back their electric vehicle programs ...
In recent days many workers have reached out to the World Socialist Web Site to express their anger and frustration with both ...
The automaker is moving some production from electric car batteries to battery energy storage systems at certain plants.
Ford said it plans to take on about $19.5 billion in one-time charges related to a restructuring as the automaker scales back ...
Ford will repurpose EV battery plants to build grid-scale energy storage, betting on data centers as EV incentives fade.
Ford dissolves its battery joint venture with SK On, mirroring GM's recent strategic pullbacks, as automakers retool EV plans ...
The new Ford EV strategy is expected to result in an $8.5B pre-tax asset write-down, a $19.5B EBIT impact, and a $5.5B cash ...
As tensions rise between Beijing and Tokyo, Japanese carmaker Toyota is doing well for itself in a Chinese market that’s fast ...
The European Commission backed away from what had been the world’s most aggressive timeline for phasing out ...
GM Korea president and CEO Hector Villarreal said the company will focus on using its Korean plants at full capacity and shape them into a global export base. The factories can make up to 500,000 ...
Apple Music GM vehicles now get native streaming without CarPlay, offering instant access, Dolby Atmos support, and eight years ...
That and other administration policies have cemented America’s status as an EV laggard relative to the world’s two other ...