LG to Invest $5.5 Billion in Arizona Battery Manufacturing Facility
Investment plans for U.S. battery production have increased since President Biden signed a law that offers ...
Tag: Electric and Hybrid Vehicles
Volkswagen Announces $193 Billion Investment in Electric Cars and Software
The German automaker announced a plan to accelerate its transition to battery-powered vehicles and bolster operations ...
Electric Cars Becoming More Affordable Due to Decreasing Lithium Prices
An unexpected decline in the price of an essential battery material, along with those of other ...
Ford Outperforms Tesla in Automotive Market
Boring old Ford is proving to be a very modern company.
Governor Suggests Tesla Could Begin Manufacturing Cars in Mexico in 2021
The governor of Nuevo León said a Tesla official had told him that the company’s plant ...
Tesla Unveils Updated ‘Master Plan’ with Limited New Details
Elon Musk confirmed his car company would build a factory in Mexico and said it was ...
Rivian Reports $6.8 Billion Loss in 2020 Amid Production Delays
The maker of electric trucks said it expected to double production in 2023 as the supply ...
Exploring Potential Trade Deals to Resolve Conflict Over Electric Car Subsidies Between U.S. and Allies
The Biden administration has faced backlash in Europe and Asia over its plans to bolster electric ...
Lucid Motors Increases Production as Supply Chain Issues Resolve
The maker of electric luxury sedans said it made more than 7,000 cars in 2022, achieving ...
Tesla Reports 12% Increase in Fourth Quarter Profits
The electric car company is facing intensifying competition, supply chain disruptions and concerns about the behavior ...
