Ford Cuts Workforce Making Electric F-150s on Weak Demand
Ford Motor Co. said that it would reduce the number of workers making its F-150 Lightning truck as demand for electric vehicles continues to weaken.
Maryland to Receive $15 Million for EV Charging Network
BALTIMORE — Maryland will use its share of $623 million in federal funding to develop 58 EV charging stations, some of which would be located in disadvantaged communities.
Ohio Law Bans State Adoption of California Emission Rules
In a slap to California, Ohio has a law taking effect in March banning agencies from adopting that state's emissions regulations and protecting the sale and use of diesel and gas vehicles.
Biden Awards $623 Million to Build EV Charging Network
WASHINGTON — The Biden administration is awarding $623 million in grants to help build an electric vehicle charging network across the nation.
EV Subsidies Trimmed in California’s Proposed Budget Cuts
California Gov. Gavin Newsom has proposed significant cuts to clean energy and transportation programs designed to help the state confront the worsening effects of climate change.
EV-Charging Firms Could Struggle With Finances in 2024
U.S. electric vehicle charging installations fell significantly last year as companies grappled with financial challenges, according to a BloombergNEF report.
Battery Maker LG Energy Posts Earnings Miss Amid Weak Demand
Battery maker LG Energy Solution Ltd. badly missed fourth-quarter earnings estimates amid weaker demand for electric vehicles and a drop in lithium prices that hurt revenue.
Goodyear Unveils Plans for Sustainable EV Tires at CES
The Goodyear Tire & Rubber Co. is developing a product for electric vehicles that it says will bolster their competitiveness against gas-powered vehicles by extending tire duration.
VinFast Names Vietnam’s Richest Billionaire New CEO
VinFast, the Vietnamese electric carmaker building a multibillion-dollar factory in North Carolina, has replaced its CEO and CFO in the company's latest executive shuffle.
GM Misses 2023 EV Goal by Half as Production Woes Persist
General Motors Co. missed its goal of producing 150,000 electric vehicles last year, with about half of them being new models built using its Ultium battery pack, by a significant margin.