A Hungarian Town Seethes Over a Giant Chinese Battery Plant
A $7.8 billion factory planned by a Chinese company in eastern Hungary has become divisive even within the party of Prime Minister Viktor Orban, who championed it.
Volkswagen Will Invest $193 Billion in Electric Cars and Software
The German automaker announced a plan to accelerate its transition to battery-powered vehicles and bolster operations in China and North America.
Tesla Could Start Making Cars in Mexico Next Year, Governor Says
The governor of Nuevo León said a Tesla official had told him that the company’s plant there would be among its biggest and go up in record time.
Tesla to Unveil New ‘Master Plan’ in Bid to Regain Momentum
Elon Musk is expected to announce plans for a new factory in Mexico and an array of other measures to win back investors’ favor.
Rivian Lost $6.8 Billion Last Year as Production Fell Short
The maker of electric trucks said it expected to double production in 2023 as the supply of parts became more reliable.
Tesla Fired Buffalo Workers Seeking to Organize, Union Says
Workers backing a push for better wages and working conditions were among those illegally laid off, members told the National Labor Relations Board.
Ford Halts Production of Electric Pickup Over Battery Issue
The automaker cited a potential problem with the battery pack of the F-150 Lightning but said it was unaware of any incidents “in the field.”
Ford Will Build a U.S. Battery Factory With Technology From China
Ford’s $3.5 billion plant in Michigan will draw on technology from CATL, a Chinese company that is the world’s No. 1 maker of electric-car batteries.
A Huge, Uncharted Experiment on the U.S. Economy Is About to Begin
If it fails or misfires, then it will greatly limit the number of tools to fight climate change or a recession.
Electric Vehicles Could Match Gasoline Cars on Price This Year
Competition, government incentives and falling raw material prices are making battery-powered cars more affordable sooner than expected.