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Struggling Our Next Energy enters strategic partnership with Foxconn
Automotive News· 9 hours agoFoxconn’s partnership with and investment in Lordstown Motors, another financially struggling startup, resulted in a messy legal fight and accusations that Foxconn sought to sabotage the EV ...
Here's the Staggering Amount of Money Ford Loses on Each EV It Makes
Motley Fool via Yahoo Finance· 6 days agoFor context, Ford Blue, which is the automaker's traditional gasoline-powered-vehicle business,...
Fisker is the latest EV startup to declare bankruptcy
Engadget· 6 days agoThe startup had claimed it was in talks with "a large automaker" for an influx of cash and...
Longtime Bosch North America president Mike Mansuetti to retire, succeeded by regional mobility...
Automotive News· 4 days agoIn January, Bosch reorganized its mobility unit to give it more autonomy within the larger company as it aims for a surge in annual revenue to €80 billion ($85.8 billion) ...
Gateway - Quartz
Quartz· 6 days agoThe demise of the automaker followed stories of disgruntled reviewers, totaled cars and struggling sales, which have seemingly followed Fisker everywhere it went. Fisker..
Factbox-What are EV startups doing to ride out weak demand?
Investing.com· 7 days agoFisker (OTC: FSRN ) filed for bankruptcy protection on Monday, becoming the latest electric-vehicle...
Gateway - Jalopnik
Jalopnik· 6 days agoIt’s been seven years since Haas, the newest team, joined the F1 grid. The Andretti bid, backed by General Motors, has been the most appealing of the potential new entries. It would be easy ...
'Car Wars' report tells Detroit Three to leave China, sell trucks to invest in EVs
Detroit News· 6 days agoDetroit's three automakers should focus on their core businesses, including gas-powered trucks, and...
Amazon Ditches Packaging’s Plastic ‘Air Pillows’
Forbes· 18 hours agoAmazon announced last week that it was ditching plastic air pillows – those ubiquitous inflated plastic pieces tucked inside delivery boxes – in North...
Gateway - Quartz
Quartz· 6 days agoGeneral Motors (GM) beat revenue expectations for the second fiscal quarter and met its electric vehicle (EV) production target for the first half of the year, CEO Mary Barra ...