GM to invest $918M at 4 plants for V-8 engines, EV components
The automaker’s top manufacturing executive says the investments will support GM’s lineup of full-size pickups and SUVs and give the plants’ workers job security “for years to come.”
Ford to cut jobs as it restructures in Europe
Ford is creating a new business structure in Europe as it quits low margin volume segments to focus on all-electric cars.
Tesla price cuts ignite a surge in shopping
Tesla price reductions for the bestselling EV in America, the Model Y, represent a discount of $13,000 off the sticker price in addition to eligibility for the new tax incentive of up to $7,500. Shoppers are responding.
BMW expands deal with Solid Power to begin production of solid-state battery prototype
Technology from U.S. startup Solid Power could help BMW build a solid-state battery that can deliver longer range, faster charging times, reduced fire risk and lower cost.
Musk jury should be warned ahead of his testimony, lawyers tell judge
The Tesla CEO is scheduled to testify as early as Friday at the trial in San Francisco. In a pretrial ruling the judge handling the case determined Musk’s tweets were false and reckless – and instructed jurors to “assume” the same.