Electric Car News Electric Vehicles And The Shift In Auto Manufacturing A Rapidly Evolving Landscape
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Companies hit the brakes on EVs, laying off thousands of workers
In recent weeks, automakers and other companies in the vehicle space are pulling back their investments in electric vehicles, including laying off workers in multiple states. The moves come in the ... Read More
Auto Industry Leaders Pump the Brakes on Electric Vehicle Ambitions Amid Shifting Market Realities
The automotive market, which has been on the leading edge of technological advancement and market changes, is now facing a phase of radical re-assessment of its dedication to electric cars. The sense ... Read More
G.M. Will Cut 1,750 Jobs in Electric Vehicle Business
The layoffs at factories in Michigan, Ohio and Tennessee follow the elimination of a $7,500 federal tax credit for electric cars. Read More
Germany’s Auto Industry Faces 200,000 Job Cuts Amid EV Shift
Germany’s once-dominant automotive sector is facing its harshest reckoning in decades. Analysts and trade groups warn that up to 200,000 jobs could disappear over the next few years as the country’s ... Read More
Automakers are tapping the brakes on the EV revolution. Here are all the manufacturers rolling back their plans.
You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Tom Carter Every time Tom publishes a story, you’ll get an alert straight to your inbox! Enter ... Read More
Electric Vehicles Face a ‘Pretty Dreadful Year’ in the U.S.
The end of a federal tax credit is expected to push sales of battery-powered cars down but auto experts believe the market will eventually recover. By Neal E. Boudette The key factor that nudged Dan ... Read More
GM Laying Off 1,700 At Electric Vehicle And Battery Plants, Citing ‘Slower’ EV Adoption
General Motors will lay off about 1,200 workers at its electric vehicle plant in Detroit, the automaker told multiple outlets on Wednesday, as well as 550 at a battery facility in Ohio as the company ... Read More
End of EV tax subsidy sparks worries of collapse in US electric car sales
Dealerships adopt cautious approach, reducing EV inventory Ford CEO predicts EV sales to drop to 5% of total U.S. vehicle sales Automakers struggle to provide long-term support without tax credit ... Read More
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