Ford to break out EV business losses for the first time

Incoming Ford CEO Jim Farley (still left) and Ford Executive Chairman Invoice Ford Jr. pose with a 2021 F-150 in the course of an event Sept. 17, 2020 at the…

Electric car investment envy spawns a ‘tax break industrial complex’

The electric powered motor vehicle revolution will be backed. China has been at it for extra than a 10 years, incentivizing purchases, backing homegrown battery makers and blocking overseas corporations from competing.…

Hyundai will break ground on $5.5 billion Georgia plant this month

WASHINGTON — South Korea’s Hyundai Motor said Friday it will crack ground this thirty day period on a $5.5 billion electric automobile and battery plant in the United States. Hyundai…

China extends EV tax break; Li Auto shares fall after delivery outlook cut

Li Automobile warned that “supply chain constraint” would mean the organization will deliver less automobiles than expected in the third quarter. In the meantime, China has prolonged a tax exemption…

There’s no reason why Ford shouldn’t break above $20, trader says

Ford’s fate appears to be like rosy to Inside of Edge Funds Management founder Todd Gordon. With shares of the automaker conference resistance in the $20 variety, “I see no…

SSC Finally Admits 1750-HP Tuatara Did Not Break 300 MPH

SSC has last but not least admitted that its Tuatara supercar did not achieve the at first claimed speeds of 331 or 301 mph through its leading-speed operate in Nevada…

Genesis Begins to Break Through

Marc UrbanoVehicle and Driver The Genesis model experienced a troubled launch in the United States and has endured from very low profits inspite of featuring good cars and a worth…