The race to make electric vehicles is turning some places into winners. Normal, Ill., is one of them. But it has seen good times go sour in the past.
Vehicle makers shy away from traditional materials that are hard to recycle, like leather and plastics, and look to repurpose alternatives that still convey quality.
This week, a more efficient type of battery arrives in a wristband fitness tracker. It could soon reach smart glasses, cars and even aircraft.
A push to increase sales of electric vehicles favors companies that already have all-electric cars on the market and could penalize those that don’t.
Ford has had to halt or slow production of highly profitable models like the F-150 pickup truck and various sport-utility vehicles.
The Japanese carmaker will also manufacture a new electric vehicle in England as part of a £1 billion investment, partially supported by the government.
After an executive shake-up and conflicting statements about prospects for its electric pickup truck, the start-up is inviting investors to pay a visit.
The start-up gained attention by purchasing a shuttered General Motors factory in Ohio in 2019. At the time, G.M. was under pressure from President Trump to find a buyer for the plant.
General Motors’ push to increase E.V. spending follows an announcement by Ford that it would start making an electric version of its F-150 pickup truck this year.
The company’s top executive resigned after the struggling automaker released an investigation by its board.