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Ford layoffs

Ford announces new round of layoffs to support EV transition

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In its latest effort to streamline operations and reduce costs, Ford is preparing to initiate another round of layoffs in the upcoming weeks.  The layoffs...
Earlier this week: Ford acquired significant DOE loan for EV production.and more headlines this week in automotive industry news.

Weekly roundup: Ford CEO criticizes Tesla Cybertruck, Rivian joins EV charging...

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Earlier this week: Tesla announced significant discounts to its dual motor and all-wheel drive versions of the Model X and Model S, in a...
Ford Motor Company has secured one of largest automotive industry subsidies in U.S. history to boost electric vehicle production.

Ford scores massive $9.2 billion loan for electric vehicle batteries

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Ford has secured one of largest automotive industry subsidies in U.S. history to boost electric vehicle production, part of the Biden Administration's efforts to...
Electric vehicle maker Rivian plans to showcase the first R2 model in 2024, two years before the car is scheduled to hit the market.

Rivian R2 EV to make first appearance in 2024, price range...

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Electric vehicle maker Rivian plans to showcase the first R2 model in early 2024, two years before the car is scheduled to hit the...

Jim Farley criticizes Tesla’s Cybertruck in the wake of EV charging...

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During an interview with CNBC, Ford's CEO Jim Farley expressed his outlook on the recent EV charging partnership between Ford and Tesla.  "When it comes to...
Tesla dominated the four top spots in Cars.com's 2023 American-Made Index, with the Model Y placing first for the second consecutive year.

Tesla takes top four spots in Cars.com American-made study

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Tesla's status as one of the top U.S. car manufacturers received a boost on June 21, when its entire electric vehicle lineup dominated the...
Electric vehicle customers are highly likely to consider new brands when shopping, according to an Edmunds study on brand loyalty.

Edmunds discovers low brand loyalty rates among EV buyers

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Electric vehicle customers are highly likely to consider new brands when shopping for a product, according to an Edmunds study on brand loyalty in...
Tesla is lowering Model X and Model S prices and offering free Supercharging as it looks to boost demand before the end of Q2.

Tesla drops Model X, Model S EV prices weeks before end...

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Tesla applied new incentives and discounts to its electric vehicle lineup on June 17, lowering the Model X and Model S prices and offering three years...
A sharp rise in EV sales has made the U.S. the world's second-biggest EV market behind China.

U.S. EV sales take second place worldwide thanks to “crucial” tax...

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A sharp rise in electric vehicle sales has made the U.S. the world's second-biggest EV market behind China. According to technology-market research firm Counterpoint, first-quarter EV...
EV market\, Bill Ford

Ford Chairman says U.S. not yet ready to compete with China...

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In a recent interview with CNN, Ford Chairman Bill Ford Jr acknowledged that the U.S. is not fully prepared to compete with China in...