VinFast aims to be profitable within 3 years
The Vietnamese automaker’s IPO has been put on hold until 2023 at the earliest, VinFast Chief Financial Officer David Mansfield said.
Suppliers hiking charges for all automakers, not just Ford
Auto parts makers contacted by Reuters said they have raised prices on parts in the range of 7 percent to 20 percent.
Milton broke Nikola's own social media rules, jury told
Trevor Milton, accused of lying to investors about the company’s progress, flouted policies on the treatment of confidential information including financial and product matters, Nikola’s social media manager told jurors.
2023 Mitsubishi Outlander PHEV counted on to lift brand
Mitsubishi and its dealers believe the soon-to-launch Outlander PHEV will lift the brand out of its bargain-basement perception.
EV battery maker Gotion eyes Michigan for new plant
Gotion could spend up to $3.6 billion while adding 500 jobs initially and possibly 2,000 within 10 years, The Detroit News reported.