Lower operating loss, confirms guidance

Polestar 3 Courtesy: Polestar Swedish electrical-motor vehicle maker Polestar explained Friday that its 3rd-quarter operating decline narrowed from a 12 months ago as earnings much more than doubled, and it…

Rivian names former Magna unit executive as operating chief

Rivian has named Frank Klein, a former govt at Canadian car areas maker Magna International’s unit, as its chief running officer, at a time when the electric powered carmaker has…

Ford plans to produce 2 million EVs annually, generate 10% operating profit by 2026

Ford has began preliminary pre-generation of its electric powered F-150 Lightning pickup truck at a new plant in Dearborn, Mich. Michael Wayland | CNBC Ford Motor programs to generate much…