Foxconn sells former GM factory to mystery buyer after failing to make EVs
The company has spent more than three years claiming the factory would become an "important" EV hub. But it has barely produced anything there.
The company has spent more than three years claiming the factory would become an "important" EV hub. But it has barely produced anything there.
Jim Farley, Ford's CEO, has touted this as a "Model T moment" -- but the first of these new EVs won't come out until 2027.
GM will send batteries â new and old â to Redwood Materials, which will assemble them into large packs capable of supporting data centers and the grid.
As Elon Musk once said, "We dug our own grave with Cybertruck."
Tesla may finally start selling its EVs in India with a showroom slated for Mumbai.
Also, the micromobility startup that spun out of Rivian this year, was raised $200 million from Greenoaks Capital.
Rivian has opened customer orders for its second-generation quad-motor R1S and R1T EVs.
Tesla sales fell more than 13% compared to last year as the company struggles to find demand for its aging lineup, and as CEO Elon Musk continues to damage the brand.
Rivian sales ticked back up in Q2 but were down 23% from the same quarter last year. The company has been dealing with affordability issues made worse by Trump's tariffs and trade wars.
The car traveled around 15 miles on highways, surface streets, and even a roundabout. But many questions remain about the stunt.
The company laid off around 1% of its total workforce, or around 140 employees. It's the third round of cuts since the start of 2024.
The 48-hour take-home program will be available to attendees of the upcoming Electrify Expo in Los Angeles, with more automakers joining soon.
Tesla, Kia, and Volkswagen took six of the top 10 spots in the 2025 American-Made Index, which ranks vehicles built and bought in the U.S.
Zevo is a new peer-to-peer car-sharing startup, which is broadly similar to Turo, but focused exclusively on electric vehicles.