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Weak Ford EV sales lead to cutting 4,000 jobs
Weak Ford EV sales are causing a bit of chaos. Roughly 4,000 workers are slated to be laid off as Ford works to cut costs.
Europe’s electric car revolt claims its biggest scalp yet
Analysts at Rho Motion pared back their predictions for EV sales by a quarter, to 8.3m by 2030. In Europe, home to ...
An EV-battery maker that raised $15 billion from investors including Goldman Sachs filed for bankruptcy protection after almost running out of cash
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Business Insider21h
China's 'ruinous' EV price war cannot last forever, says Volkswagen exec
He outlined VW's plans to address its financial situation by the end of 2026 and launch eight new models, including ...
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Can China’s Crowded EV Market Find Room for Growth Amid Western Restrictions?
In the last decade or so, a string of Chinese electric vehicle (EV) makers has emerged. However, their growth so far has been ...