Ford Motor reported a big loss for 2025 because of its troubled electric vehicle division, which it has significantly scaled back.
Ford Motor reported a big loss for 2025 because of its troubled electric vehicle division, which it has significantly scaled back.
The agreement, while scarce on details, is the latest step by Prime Minister Mark Carney to reduce Canada’s reliance on trade with the U.S.
The revival of America’s industrial base is happening amid pine forests and peanut farms. And it’s being led by a South Korean company.
El gobierno surcoreano dijo el domingo que enviaría un avión chárter a Estados Unidos para llevar de regreso a cientos de trabajadores detenidos en una redada de inmigración.
The South Korean government said on Sunday that it would send a charter plane to the United States to retrieve hundreds of workers detained in an immigration raid.
Several hundred workers, most of them South Korean nationals, were detained at the construction site of a sprawling electric vehicle battery plant on Thursday.
Los agentes migratorios detuvieron a cientos de personas, en su mayoría ciudadanos de Corea del Sur, en una obra de construcción de una planta de baterías para vehículos eléctricos en Ellabell. El hecho ha generado inquietud diplomática.
The shocked but subdued reaction to the arrest of hundreds of Koreans at the site reflected the delicate position of a government engaged in tense trade talks with the Trump administration.
Nearly 500 people, most of whom are South Korean citizens, were arrested at a construction site for a Hyundai electric vehicle battery plant in Ellabell, Ga., on Thursday.
Ford, which once had a lead on other established automakers, said on Monday that it will use new materials and methods to lower the costs of electric vehicles.
But automakers can’t absorb the cost forever and will soon begin to raise new car prices, analysts say.
Domestic factories that make batteries to store power to meet America’s rising energy demand depend on Chinese components and federal subsidies.
Hyundai already makes cars in the United States, in Georgia and Alabama.
General Motors and the South Korean automaker say they will collaborate on new vehicles, buying parts and clean energy technologies.
The government is aggressively promoting electric cars. But a dramatic blaze in an underground lot has left some potential buyers worried about safety.
La economía china se beneficia del aumento de las ventas de productos manufacturados al exterior, que crea empleos. Pero el impacto podría sentirse en las fuerzas laborales de Europa y Asia.
Increasing overseas sales of manufactured goods are helping China’s economy and creating employment, but countries from Europe to South Asia may lose jobs.
Investment plans for U.S. battery production have increased since President Biden signed a law that offers generous incentives for electric cars and green energy.
Hanwha Qcells expects to make solar panels and their components in the United States to take advantage of President Biden’s climate policies.