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Teething trouble, demand slowdown, competition and profitability issues all continue to weigh down on the EV industry.
https://www.bloomberg.com/news/articles/2024-05-10/ford-cuts-battery-orders-as-ev-losses-top-100-000-per-car?srnd=homepage-europe
- Bloomberg
Ford Motor hires former Lucid Group CFO Sherry House, emphasizing urgent EV profitability drive, as CEO Jim Farley highlights s...
The Valencia plant, currently employing 4,800 people, is where Ford assembles its Kuga SUV.
The US auto safety regulator is investigating Ford diesel trucks for fuel leaks that may cause fires, with similar concerns rai...
John Lawler, CFO and one of the architects of the Ford+ plan, taking on broader responsibilities as vice chair to help lead on ...
While the EV industry is facing a slowdown amid an uncertain and turbulent economic climate, Rivian Automotive Inc (NASDAQ: RIV...