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Hosted on MSN29d
Ford to lose $3 billion from EV sales to consumers this year
Ford said those EV losses and the overall profit both come before expenses from interest and taxes. The $3 billion loss is roughly equal to what it lost on EVs on that basis the last two years ...
3d
UAW strike really makes big auto stocks dead money
Large auto makers are losing huge money on the EV transition that is essentially being forced down their throats by worldwide ...
10don MSN
EV Company News For The Month Of August 2023
Global electric car sales July 2023 up 41% YoY to a 16% share. Click here to read the complete EV company news for August ...
8d
Electric Vehicles Have Become a Weapon in the War on Autoworkers
If the Inflation Reduction Act can be said to have a mascot, it’s the electric vehicle. Whenever they’re not out taking E.V.
8d
What price cuts, supply and demand issues and more competition mean for EV investors
The mismatch between supply and demand is part of the industry’s growing pains, but analysts say the long-term trend of ...
9d
UAW strike ‘seems inevitable,’ with effects on GM and Ford hinging on how long it might last
A strike affecting one or all of the Big Three automakers “seems inevitable,” Wall Street analysts and auto-industry ...
6d
UAW president names 3 assembly plants as strike targets if deal is not reached by midnight
With two hours to go before contracts expire and a strike could begin, UAW President Shawn Fain appeared on a livestream ...
CNBC19d
Biden kept a Ford EV battery plant from going overseas. But not everyone is happy about it.
Ford is building a new $3.5 billion plant in Marshall ... "More voices are heard about the loss of land." Marshall is the country seat for Calhoun County, which voted for Donald Trump with ...
The New York Times6d
Auto Workers StrikeU.A.W. Halts Work at 3 Plants in Contract Fight With Automakers
It also touches on his call for higher wages for the middle class; his climate-driven push to reimagine an electric vehicle future ... and low-emission vehicles. Ford reported a first-half profit of ...
BizPac Review
4d
Obama backs UAW strikers demanding WHOPPING 36% pay hike: ‘Time to do right’
Former President Barack Obama has predictably come out in support of the ongoing United Auto Workers’ strike. “Fourteen years ago, when the big three automakers were struggling […] ...
Reuters17d
Alibaba's cloud division eyes state firms for up to $3 billion fundraising, Bloomberg reports
The tech giant is working with advisers on a potential fundraise by its Cloud Intelligence unit that could mop up about 10-20 billion ... Ford Motor and Stellantis of disruption to electric ...

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