GM cuts thousands of EV and battery factory workers
The automaker has been on a tear of cuts to its workforce, and will idle two battery factories for the first half of 2026.
The automaker has been on a tear of cuts to its workforce, and will idle two battery factories for the first half of 2026.
The three-year-old lawsuit centered on Rivian’s sudden decision to increase prices on the R1 lineup in 2022, which sank the stock price.
Founder and CEO RJ Scaringe will be wearing yet another hat as the company preps for arguably its most important vehicle launch — the mass market R2 SUV — in 2026.
Tesla’s profit actually fell 37% compared to the same period last year, despite buyers rushing to take advantage of the expiring EV tax credit.
Tesla’s profit actually fell 37% compared to the same period last year, despite buyers rushing to take advantage of the expiring EV tax credit.
The first in a lineup of new vehicles from Also, which started as a skunkworks project inside of Rivian a few years ago.
The U.S. automaker’s technological overhaul will debut in two years with the Cadillac Escalade IQ.
A chaotic four-year program comes to an end after GM struggled to sell the electric vans at scale.
The company has seen EV deliveries increase for seven straight quarters, even though it’s still way off the ambitious goals it promoted when it went public in 2021.
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