In the new Marshall plant agreement, the state cut the $210 million Critical Industry Program grant to $141 million. Like the ...

Battery factories are popping up across North America. Here's where they are and how the Inflation Reduction Act influenced ...

Ford revealed in its latest earnings report that its Model e electric vehicle division is expected to see losses above $5 billion in 2025, similar to last year.

Ford closed 2024 with staggering losses from its electric vehicle business, shedding $5.1 billion—an increase from the $4.7 billion lost in 2023. 2025 doesn’t look much better, either ...

Ford recently revealed to the public what a Mustang Mach-E electric crossover could look like if it were transformed into a ...

Ford Motor Co. is forecasting weaker earnings growth for this year and further losses in its electric vehicles business as it ...

EV owners of GM vehicles like the Chevrolet Silverado EV and Cadillac Lyriq will now officially have access to Tesla’s ...

(Ford sold 4.4 million cars in 2023.) Tesla, the U.S. EV maker, delivered 1.3 million ... company over $5 billion in restructuring costs and factory closures. GM was one of the top-selling car ...

House noted that while Ford Model e's volumes are up, there are about $1 billion in additional costs related to its BOSK battery factory and engineering for its generation 2 EV products.

Ford initially planned a $3.5 billion investment and 2,500 jobs by March 2027, but it was dialed back because of slower than expected EV demand ... at the Marshall factory will start next year ...