The company will eventually start building its own battery packs in the US with LG but until then, they'll stick with Chinese ...

Farley said during the earnings call Ford’s new EV strategy is the result of consumer demand trends while regulations change.

General Motors and Hyundai Motor have announced plans to co-develop five new vehicles, aiming to cut costs and strengthen ...

U.S. EV sales slowed sharply since 2022. Did Trump's incentive-cutting budget drive a nail into the EF coffin?

Citing massive losses and a cooling market, the Japanese auto giant is backing away from an all-electric future in a huge ...

The Ford Motor Company is adjusting its electric vehicle strategy. The automaker will prioritize smaller and more affordable ...

The two automakers will co-develop and introduce five new vehicles by 2028, with a broad strategy for coordinating sourcing ...

Hyundai (HYMTF) and General Motors (GM) on Wednesday unveiled plans for their first five co-developed vehicles.

General Motors and Hyundai Motor on Wednesday outlined plans to develop five vehicles together as they seek to lower costs ...

Tanya Skilton Executive Director of Strategy, Innovation, and Customer Care, GM Global Purchasing and Supply Chain General ...

Taiwan's Foxconn has finalised a deal to sell a former car factory in Lordstown, Ohio, for $375m, which includes the facility's machinery.

This marks a decisive shift in GM's strategy, as it had previously aligned itself with California's ambitious goal to end sales of gasoline-powered vehicles by 2035. Now, facing the realities of a ...