[ad_1] Ford Motor Company F shares were steady in early Tuesday trading after the automaker confirmed plans to cut up to 1,000 jobs at its electric vehicle plant in Cologne, Germany. The cuts come as demand for battery-powered models falls short of prior expectations. The company explained that departures would largely be handled through voluntary […]
Trump’s Autonomous Vehicles Stance, Bezos Vs. Tesla, And Mor…
[ad_1] The past week has been a rollercoaster ride for the autonomous driving and electric vehicle (EV) sectors. From President Trump’s change of heart on autonomous vehicles to Jeff Bezos-backed EV startups making waves, the industry has seen significant developments. Let’s dive into the top stories of the week. Trump’s Change of Heart on Autonomous […]
Elon Musk’s Tesla At Risk Of Being Removed From EV Incentive…
[ad_1] In a bid to protect its automotive industry, the United Kingdom is actively negotiating with Washington to secure an exemption from impending U.S. auto tariffs. The 25% tariffs, announced by U.S. President Donald Trump, are scheduled to come into effect on April 3. What Happened: Finance Minister Rachel Reeves has underscored the critical nature […]
Rivian Joins Ford, Tesla In Supporting Relief Efforts Amid C…
[ad_1] California-based EV startup Rivian Automotive said on Tuesday that the company has deployed vehicles to support relief activities in the Los Angeles area battling wildfires. What Happened: Rivian said that it deployed vehicles to support the World Central Kitchen, the Labelle Foundation, OpenClosit, SolarPunks, and more to transport relief supplies and support emergency response. […]
GM’s Cruise Exit Draws Sharp Reaction From Co-Founder Kyle V…
[ad_1] General Motors GM said on Tuesday that it will no longer fund Cruise‘s robotaxi development but will instead combine the majority-owned unit into its technical teams, to the annoyance of Cruise co-founder Kyle Vogt. What Happened: The robotaxi development work needs considerable time and resources to scale, GM reasoned, while adding that the robotaxi […]
Sony-Honda EV Dream Collides With Trump-Backed Policy Shift …
[ad_1] Sony Group Corp SONY and Honda Motor Co Ltd.‘s HMC joint electric vehicle venture faces significant headwinds as it prepares to enter the U.S. market in 2026, amid expected policy changes under President-elect Donald Trump that could reshape the EV landscape. What Happened: The partnership, Sony Honda Mobility, will unveil its production-ready Afeela sedan […]