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Ben Klayman

FILE PHOTO: People visit a Ford booth at the Auto Shanghai show, in Shanghai, China April 18, 2023. REUTERS/Aly Song/File Photo
AutomotiveBusinessElectric Vehicles (EVs)News

Ford’s first-quarter adjusted profit falls, sees increase in hybrid vehicle sales

Ford CEO Jim Farley says he has walked back some of the company’s EV ambitions to better match consumer demand. Hybrids are a...

AutomotiveBusinessElectric Vehicles (EVs)News

Tesla scraps low-cost car plans amid fierce Chinese EV competition: sources

Tesla has canceled the long-promised inexpensive car that investors have been counting on to drive its growth into a mass-market automaker: Reuters

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