Detroit Three automakers should exit China, leading analyst says
John Murphy's guidance for the Big Three came during a discussion of the harsh cost-cutting measures they would have to take to be...
Chile lithium miner SQM reaches supply deal with Hyundai, Kia
Hyundai and Kia has done a deal with SQM for material necessary for EV batteries.
Musk wins pay approval but still faces Tesla’s floundering stock and rich valuation
Tesla shareholders approved CEO Elon Musk's $56bn pay package, but the electric car maker's stock remains richly valued even after several years of...
Ford walks back EV dealer restrictions to boost sales
Ford Motor Co will soon allow all of its dealers to sell electric vehicles, reversing its more selective allocation system in an effort...
Natural gas opposition ‘ideological,’ new Ontario energy minister says
Ontario's new energy minister is unapologetic about the use of natural gas to partly fuel growing energy needs in Canada's largest province, calling...
Ford says to cut 1,600 more jobs at Valencia factory
Like other automakers, Ford has decided to shift to electric vehicles, which requires massive investments in developing new technologies and retooling factories.
European carmakers hit by ‘fear of retaliation’ from EU tariffs on China EVs
Shares in some of Europe's biggest automakers dropped on fears of Chinese retaliation after the EU imposed duties on imported Chinese EVs
Carmakers face UK dieselgate lawsuits worth at least $7.6 billion, lawyers say
The claims, brought by owners of diesel vehicles, highlight the ongoing fallout for automakers from a scandal that erupted in 2015 when Volkswagen...
GM cuts EV production forecast, approves $6 billion share buyback
General Motors cut its annual EV production forecast and announced a new $6 billion share buyback plan on Tuesday, as the automaker banks...
UAW reaches tentative agreement with Ultium Cells at Ohio EV battery plant
The United Auto Workers union said on Monday it reached a tentative contract agreement with Ultium Cells in Lordstown, Ohio, where workers build...
