EVs Cost Ford Staggeringly Huge Amount in Losses
Toyota Motor sold 10.8 million vehicles globally in 2024, retaining its position as the world’s biggest carmaker.
The Japanese carmaker plans to tap the local supply chain, logistics network and talent pool to produce Lexus-branded EVs ...
Toyota shares are climbing higher on the back of upbeat guidance, and the Japanese giant’s plans to set up a wholly-owned EV ...
Volkswagen-backed Scout Motors also showcased its EREVs in the U.S. last year. The automaker plans to launch its Traveler SUV ...
GM is laying off roughly 1,000 employees at its Cruise autonomous vehicle unit, cutting nearly 50% of its workforce.
Tesla's Shanghai subsidiary is suing the European Commission over tariffs imposed on Chinese-made electric vehicles, ...
The prototype/mule nicknamed "Nadine" has an i4 body but with bulging wheel arches that hide a performance variant of the ...
The unit price of South Korea's exported vehicles last year fell for the first time in eight years amid a prolonged slowdown ...
Ford's EV unit lost billions of dollars, but at the same time, EV sales as a whole were up in the U.S. in 2024 compared to ...
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