Rivian slashes its workforce by 6% due to EV price war concerns
Rivian Automotive, a manufacturer of electric trucks, announced it's laying off 6% of its workers in an effort to save money in preparation for a potential price war across the...
TSLA374.38010.11%
GM84.6202.42%
F13.2120.002%
RIVN15.4700.48%
CYD35.065-0.335%
HMC32.6350.435%
TM193.3301.8%
CVNA67.6402.53%
PAG213.8151.205%
LAD318.3502.08%
AN169.7601.47%
GPI252.0805.66%
ABG185.3802.32%
SAH66.4852.825%
TSLA374.38010.11%
GM84.6202.42%
F13.2120.002%
RIVN15.4700.48%
CYD35.065-0.335%
HMC32.6350.435%
TM193.3301.8%
CVNA67.6402.53%
PAG213.8151.205%
LAD318.3502.08%
AN169.7601.47%
GPI252.0805.66%
ABG185.3802.32%
SAH66.4852.825%
TSLA374.38010.11%
GM84.6202.42%
F13.2120.002%
RIVN15.4700.48%
CYD35.065-0.335%
HMC32.6350.435%
TM193.3301.8%
CVNA67.6402.53%
PAG213.8151.205%
LAD318.3502.08%
AN169.7601.47%
GPI252.0805.66%
ABG185.3802.32%
SAH66.4852.825%
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Honda’s next generation hydrogen system, January sales highlights, GM and Netflix partnership
Top Stories
Honda and General Motors have revealed a joint venture partnership to deliver a "next-generation" hydrogen fuel cell system. The improvements will make the cells more durable and less expensive...
Celebrating the achievements of black auto industry professionals past, present, and future
From designers and inventors to dealership owners and professional racers, a great number of Black Americans have transformed the automotive industry. In fact, many of our favorite vehicle designs and...
2024 Cadillac Lyriq introduces base trim with lower price and fewer features
As reported by GM authority, the 2024 Cadillac Lyriq EV will have a revamped entry-level trim. The Lyriq initially had a relatively high price, but it wasn't significantly more expensive...
GM invests in world’s third largest lithium mine to secure EV battery supplies
Following in the footsteps of other automakers, General Motors has secured EV material production by dedicating $650 million in investments towards the largest lithium mine in the U.S.
The funding will go...
EV battery maker Our Next Energy raises $300 million in latest fundraising round
Our Next Energy (ONE), a manufacturer of EV batteries, announced that it raised $300 million in its most recent round of funding, valuing the Novi, Michigan-based business at over $1...
Hyundai starts the year off strong with record breaking January sales
Yesterday, Hyundai released its January sales report, offering good news for investors and dealers alike.
The company started 2023 off strong by selling 52,001 units in the first month, 4,129, or...
GMs lithium investment, Our Next Energy’s latest fundraising, Cadillac Lyriq price reductions
Inside Automotive
How OEM EV programs impact the dealer franchise system — Zach Doran, OADA President
The OEM programs being provided to dealers are a hot topic that keeps raising eyebrows in...
Tesla expects bigger spending bill in 2024, hopes to increase production
Tesla expects to increase its expenditure next year, allocating more funds for its efforts to improve the production capabilities of its factories.
For 2023, the automaker forecast a spending bill between...
Volkswagen Group has no plans to slash EV prices anytime soon
In response to any potential EV price war that may have been ignited this month by Tesla and now Ford, the CEO of the Volkswagen Group noted, that the corporation...
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