Lion Electric, which has struggled in recent months, says it is suspending operations at its Illinois plant and temporarily laying off approximately 400 workers, in both Canada and the U.S.
Stellantis CEO Carlos Tavares is stepping down after nearly four years in the top spot of the Jeep and Ram maker, which has continued to struggle with slumping sales.
President Joe Biden’s administration announced Tuesday that the U.S. Department of Energy will make a $6.6 billion loan to Rivian Automotive to build a factory in Georgia that had stalled as the startup electric vehicle maker struggled to become profitable.
If President-elect Donald Trump makes good on his threat to kill federal tax credits for electric vehicle purchases, it’s likely that fewer buyers will choose EVs.
Storycraft Summit is slated for January 22-24, 2025 in Orlando, Florida.
About 1,100 workers at the Stellantis Jeep factory in Toledo, Ohio, are facing layoffs early next year as the company takes further steps to cut high inventory at dealerships.
From 2021 to 2022, estimated annual electric vehicle sales increased 65%. In the most recent quarter of this year, year-over-year growth was about 11%.
Black Belt entrepreneur, bestselling author, and servant leader Adam Marburger is set to appear on Lifeology with James Miller. Known for his expertise in resilience, business strategy, and personal growth, Adam will share insights from his journey as a black belt in Brazilian Jiu-Jitsu, founder of Riverbend Rescue, and coach in Growth Zone. His inspiring story will provide listeners with actionable strategies to foster both personal and professional success.
Honda is recalling more than 700,000 vehicles because the high-pressure fuel pump may crack and leak fuel, which could increase the risk of a fire.
The U.S. government’s road safety agency is investigating Tesla’s “Full Self-Driving” system after getting reports of crashes in low-visibility conditions, including one that killed a pedestrian.