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...
EV
Tesla’s stock drops as Musk issues a slowing warning
That reduced the company's stock market worth by about $80 billion. Despite lowering prices, Elon Musk's multibillionaire company Tesla stated...
Elon Musk claims that Chinese electric vehicle manufacturers will «pretty much demolish» the majority of their rivals
Even though his company, Tesla, is up against fierce competition from these same firms, Elon Musk predicted that Chinese electric...
Tesla Mexico appoints Terry Gutierrez as its new CEO
Teresa Gutiérrez, replaces Françoise Lavertu; she has more than 10 years of experience in the e-commerce, logistics and marketing sectors....
While increasing jobs at the Bronco and Ranger factories, Ford reduces production of the F-150 Lightning EV
Ford Motor announced on Friday that it would be raising the production of its Ranger pickup and Bronco SUV while...
EuroGroup Laminations, a manufacturer of EV motors, will increase output in Mexico
The manufacturer of electric motor components, EuroGroup Laminations, announced on Friday that it will invest fifty million euros, or $55,...
Tesla is recalling more than 1.6 million cars in China to address issues with the automated steering and door latches
More than 1.6 million Model S, X, 3, and Y electric cars that were shipped to China are being recalled...
China’s BYD is on par in scale with Tesla
A less ostentatious Chinese manufacturer of electric vehicles is rapidly catching up to the long-standing industry leader, Tesla. According to...
Due to decreased EV deliveries in the fourth quarter, Rivian’s stock drops 10%
Tuesday saw a roughly 10% decrease in Rivian Automotive's stock price following the company's announcement that fourth-quarter car production had...
Electric car sales grow 29%, this Chinese company could overtake Tesla
According to Counterpoint, the third quarter of 2023 saw a 29% growth in global sales of electric cars, led mostly...
