The law is part of the E.U.’s ambitious plans to make the 27-member bloc carbon neutral by 2050.
The law is part of the E.U.’s ambitious plans to make the 27-member bloc carbon neutral by 2050.
Sales of electric vehicles are growing fast, and automakers are investing billions of dollars in new technology and factories. We want to know how jobs are changing.
Stellantis plans to idle the factory, which makes the Cherokee, as it shifts to electric vehicles. Labor talks and a union election may be affected.
Firing people. Talking of bankruptcy. Telling workers to be “hard core.” Mr. Musk has repeatedly used those tactics at many of his companies.
Musk, Bezos, Bankman-Fried, Trump: some of our most prominent billionaires laid waste to their carefully cultivated image as benevolent saviors.
The automaker said the move was needed to be competitive and reallocate resources.
Amazon has ordered 100,000 trucks to cut its carbon dioxide emissions, but Rivian will take years to deliver.
The electric carmaker has been growing fast in recent years, but Elon Musk, its chief executive, appears to be concerned about a weakening economy.
Herbert Diess, the chief executive, seeks to cast VW as a dynamic, modern company, but his style risks the ire of its powerful works council.