Ford to locate Ion Park battery lab in Romulus, Mich., receive tax breaks
The facility will open by the end of next year and help Ford develop its own battery cells for future electric vehicles.
Tesla Q2 net income jumps to $1.1B on record deliveries
The company’s net income was roughly equal to its total profit in the previous 12 months.
LMP to buy stores in Texas, Connecticut and N.Y.
LMP’s latest planned acquisitions are for Cadillac and Nissan dealerships in Houston, a Kia store in Connecticut and a Chrysler-Dodge-Jeep-Ram store in New York.
GM hires VP of global policy
Omar Vargas has worked for 3M Company, PepsiCo and the U.S. Department of Justice.
Ford classics go electric in Chloé Zhao-directed Olympics ad
Oscar-winning director of ‘Nomadland’ is behind the Wieden+Kennedy campaign promoting electric vehicles.