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 ...
Tag: Factories and Manufacturing
Share Your Experiences Working in the Auto Industry
Sales of electric vehicles are growing fast, and automakers are investing billions of dollars in new ...
Ford Inc. Reports $2 Billion Loss in 2022 Due to Unfavorable Investment Outcomes
The company’s financial performance was hurt by its stake in Rivian, an electric truck company, and ...
Tesla’s Electric Cybertruck Set to Launch in 2021.
Already two years behind schedule, the Cybertruck has experts wondering how the company will manufacture its ...
Redwood Materials to Receive $2 Billion Loan from US Department of Energy
The loan will help accelerate Redwood Materials’ plans to produce components for electric car batteries from ...
Electric Vehicle Prices Could Reach Parity with Gasoline Cars in 2021
Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than ...
Supply IssuesFord Temporarily Stops Production of F-150 Electric Pickup Truck Due to Battery Supply Issues
The automaker cited a potential problem with the battery pack of the F-150 Lightning but said ...
General Motors Secures Chip Supply Through New Deal
GlobalFoundries will dedicate part of its semiconductor output to G.M. as the automaker offers more electric ...
Ford to Construct U.S. Battery Facility Utilizing Chinese Technology
Ford’s $3.5 billion plant in Michigan will draw on technology from CATL, a Chinese company that ...
