Update: 8:48 am EST: Para.4 for accuracy Rivian has announced a new drive unit production line dedicated to producing “Enduro” motors for the Dual-Motor AWD R1...
Ford has announced that one in nine of its European employees will be cut, following the company’s aggressive electrification plan. Earlier this year, German union representatives...
Faraday Future has announced that it has acquired the necessary funding to begin vehicle production and will do so next month. Investors and Faraday Future reservation...
Canoo (NASDAQ: GOEV) has announced that it will sell 50 million shares of its common stock to investment group Alliance Global Partners. Like many other EV...
BMW has announced that it will invest 800 million euros ($863 million) into its new production location in San Luis Potosí, Mexico, following numerous other manufacturers...
Mercedes has unveiled its aggressive plan to shift to EV drivetrain production and EV assembly in the coming years. For legacy automakers, the shift to electric...
BMW has announced that it will nearly double its investment in a planned EV production facility in Hungary and add battery production capabilities to the facility...
The Volkswagen Zwickau plant has set an EV production record for the company, producing 7,100 EVs between November 7th-11th. Volkswagen’s Zwickau plant is a behemoth of...
Ford has announced that it will work with Rockwell Automation to improve EV manufacturing at three of its manufacturing locations. Ford has partnered with Wisconsin-based Rockwell...
An internal letter to employees at Volkswagen has now stated the company’s intention to reconsider building its new Trinity EV production facility. Under the previous leadership...
Polestar CEO Thomas Ingenlath has stated that Polestar is on track to produce 50,000 units this year. In an interview with Yahoo Finance, the Polestar CEO stated...
Canoo has announced that the company entered an agreement to purchase yet another vehicle manufacturing facility in Oklahoma City. Over the past few months, Canoo has...
Hyundai Global COO, Jose Munoz, has announced that the new Hyundai plant located in Georgia will start production in 2024, with a goal of producing 500,000...