General Motors suspends production at its Canadian factory
General Motors (GM) has announced that it will cease operations at one of its Canadian assembly factories until October, resulting...
automotive
Mexico calls on automakers with plants in the nation to comply with T-MEC
The Mexican government announced on Thursday that it is in talks with executives of international automobile firms with plants in...
The U.S. will produce fewer electric cars
Automotive titans in the United States (US) warned yesterday, November 20, that they may delay the pace of electric vehicle...
Toyota announces $1.45 billion investment in its BC and Guanajuato factories
Toyota de México will invest $1.45 billion in Mexico to improve operations at its facilities in Baja California and Guanajuato....
BYD has already surpassed Tesla in revenue
BYD, the Chinese electric car company, revealed a surge in sales on Wednesday, surpassing global competitor Tesla for the first...
How China rose to prominence as Mexico’s top auto supplier
Due to taxes, Chinese manufacturers of electric vehicles have been forced to sell their cutting-edge vehicles outside of the United...
After receiving up to $5 billion from Volkswagen, Rivian’s shares increase by more than 50%
The Volkswagen Group intends to invest a maximum of $5 billion, beginning with a $1 billion initial investment, in the...
Berkshire Hathaway lowers its stake in Chinese electrical manufacturer BYD
Berkshire Hathaway, owned by Warren Buffett, reduced its investment in BYD, the Chinese firm that surpassed Tesla to become the...
Through 2035, GM will invest $19 billion to purchase ingredients from LG Chem for EV batteries
According to the firms on Wednesday, General Motors intends to spend $19 billion over the course of the next ten...
Ford will slash manufacturing of the electrified F-150 Lightning by half in 2024
Ford Motor Company plans to decrease production of its all-electric F-150 Lightning pickup truck in half next year, a huge...
