Tight margins, changing EV market, import tariffs and rising prices are all triggering merger and acquisition deals across ...
With road transportation accounting for almost one-fifth of global carbon dioxide emissions, it’s hard to see how the world ...
Much of that sum reflects expenses related to canceling fully electric models that had been years in the making.
The move comes as a response to the Trump administration’s waning support for electrification and a weakening consumer market ...
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Ford scraps fully-electric F-150 Lightning as mounting losses and falling demand hits EV plans
Ford Motor Co. is pivoting away from its once-ambitious electric vehicle plans amid financial losses and waning consumer ...
Shares of South Korean battery maker LG Energy Solution fell 6% by 0554 GMT after customer Ford Motor said on Monday it is ...
VinFast has been expanding manufacturing facilities across Asia amid booming EV demand. In early December, VinFast announced ...
The company has lost $13 billion on EVs since 2023 and said it expects to take a $19.5 billion hit largely in the fourth ...
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BMW opens new recycling center to recover raw materials from used EV batteries
A new facility in Bavaria will reuse leftover battery materials, cutting energy use and returning them directly to battery ...
It’s official. The all-electric pickup is dead, but Ford is promising the F-150 Lightning EREV will be “every bit ...
Despite a sharp decline in its U.S. sales, Tesla still has the best-selling electric vehicle there. Yet even that model may ...
The sum marks the U.S. auto industry’s biggest reckoning to date that it can’t realize its EV ambitions anytime soon.
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