The electric carmaker had to close an important factory in Shanghai because of China’s efforts to stamp out a coronavirus outbreak.
Ford’s chief executive is about to introduce an electric F-150 pickup truck that could determine whether the automaker can survive and thrive in an industry dominated by Tesla.
Delays in producing the pickup have allowed rivals like Ford to beat Tesla to market with electric pickups.
For now, supply may be constrained, but Hyundai is putting a big bet on building electrics for the American market.
The automaker, which was created by the merger of Fiat Chrysler and Peugeot, has lagged in the fast-growing market for electric cars.
The $7 billion plant will eventually produce half a million S.U.V.s a year, the company said.
The $7 billion plant will eventually produce half a million S.U.V.s a year, the company said.
The sport utility vehicle, made in Tennessee, is one of more than 20 E.V. models that General Motors plans to roll out in the U.S. within three years.
The sport utility vehicle, made in Tennessee, is one of more than 20 E.V. models that General Motors plans to roll out in the U.S. within three years.
The German automaker, which has made cars in the state for decades, has invested $1 billion in a factory to supply the power for electric vehicles.
The governor hailed the factory as an economic boon that would put Georgia at the vanguard of the green economy. Not everyone liked the idea.
The prize: batteries that would be cheaper, faster to charge and less vulnerable to raw material shortages. Whoever gets there first will have a major advantage.
German authorities cleared the plant, which was built near Berlin, to open for production. Tesla plans to build 500,000 electric cars a year there.
The electric car start-up cited shortages of semiconductors and other supply chain problems.
The suit comes months after a jury awarded a former Black employee at the electric carmaker’s San Francisco-area factory $137 million.
“Es una de las principales transformaciones industriales quizá en la historia del capitalismo”, dijo un ejecutivo de la industria. La creciente demanda por los coches eléctricos está impulsando una transición radical que podría beneficiar al medioambiente.
The electric vehicle maker’s stock surged after a public offering last fall but has since plunged, in part because the company failed to meet its 2021 goals.
The electric vehicle maker’s stock surged after a public offering last fall but has since plunged, in part because the company failed to meet its 2021 goals.
The carmaker had a profit of $5.5 billion as sales of its electric vehicles continued to surge, especially in China and Europe.
The automaker will build a battery plant and overhaul an existing factory to produce electric pickup trucks, creating 4,000 jobs.