Battery and Components
Northvolt CEO quits on tumble into administration
Troubled battery maker files for Chapter 11 protection in the US
437 articles
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Corporate Strategy
GM cuts higher end of 2024 EV production guidance
CFO Jacobson says markets are no longer rewarding OEMs for EV ambition
Tesla
No Model Y upgrade this year – Musk
Despite concerns over its ageing lineup, Tesla will not refresh its flagship EV this year
Tesla
Musk continues to dampen hopes for Dojo-led FSD
Tesla will spend up to $4bn on Nvidia hardware in 2024, CEO says
Ford
Ford builds first Explorer EV in Germany
The OEM hails the efficiency leaps brought by assembly line software
Vehicle Sales
Ford nears 9,000 EV sales in May
OEM might hope that May kickstarts a similar growth streak as seen in 2023, but it remains odds against
Corporate Strategy
GM hails Ultium R&D savings potential
GM is researching LFP chemistry for its second-generation Bolt EV due next year
Corporate Strategy
Farley predicts OEMs to fail amid electric transition
Ford CEO says it is the firm's Pro division, rather than its skunkworks project, that will mainly safeguard the OEM's future
Chinese OEMs
Li rebounds from delivery slump
Li and Nio post strong growth in mid-level and premium segments but Xpeng shows signs of a Q2 slowdown
Policy and Regulation
Acea chief calls for EU-wide EV incentives
Leader of Europe's auto lobby says fragmented approaches are "hampering" the bloc's e-mobility revolution
Fisker
Fisker lays off staff as cash dwindles
As liquidity runs ever lower, the firm is pulling out the stops to try to avoid bankruptcy
Vehicle Sales
GM launches 'entry level' Cadillac e-SUV
The Optiq is positioned just below the Lyriq SUV in size and price
Corporate Strategy
Faraday Future weighs non-dilutive funding options
With cash on hand dwindling, OEM rules out seeking further dilutive financing