Taiwan’s Foxconn iPhone Maker Buys Failing Lordstown Ohio Electric Truck Plant
Formerly American Owned Lordstown Motors SEE ALSO: EV’s Are Only Built On Wall Street ABC News reported that the agreement with Lordstown gives Foxconn a sprawling manufacturing site where GM built cars for more than 50 years before closing the…
Mexico eyes state monopoly to tap lithium rush
Mexico plans to move towards a state monopoly in the exploration and mining of lithium, a vital material in the production of electric car batteries, the government said Friday. © STR The scramble for lithium and other metals used to make electric car…
Rolls-Royce plans to be electric-only by 2030
Rolls-Royce is moving away from the internal combustion engine and will embrace electric-only models in the coming years. (Getty Images) In nine years, Rolls-Royce will stop selling vehicles that run on gasoline, Chief Executive Torsten Müller-Ötvös said…
Nancy Pelosi Brought a Teddy Bear to a Knife Fight
“One party is pro-fascism and the other party wants to give electric cars,” says Molly Jong-Fast—and you can guess which party is winning. J.D. Durkin, the chief Washington correspondent for the business news network Cheddar, joins the latest episode of…
Rivian’s New R1T Electric Truck Makes Off-Roading Feel Like a Grocery Run
It’s a steep climb up Wise Mountain. At more than 12,000 feet above sea level, the trail that ascends the tree line in the midst of the Rocky Mountains is one of the highest in Colorado. Most gasoline-powered cars here would be wheezing for air, much…
Lordstown Stock Gains After Striking Foxconn Deal. It Really Needed the Cash.
Text size Courtesy Lordstown Electric vehicle start-up Lordstown Motors needs cash and iPhone assembler Foxconn wants to enter the car business, so the two struck a win-win deal. Late Thursday, Lordstown (ticker: RIDE) and Hon Hai Precision Industry…
How Tenn. became the top electric car producer in the south
NASHVILLE, Tenn. (WTVF) — The Ford Motor Company’s “Blue Oval City” project in West Tennessee is officially the largest in state history. The automaker plans to add a manufacturing facility that will make all electric Ford-F150s along…
Rolls Royce announces fully electric car for late 2023
Rolls-Royce on Wednesday announced its first fully electric car, the “Spectre”, will be available in late 2023, the luxury BMW group brand adding that all its vehicles will be electric by 2030. “This is not a prototype. It’s the…
ABB Launches World’s Fastest Charger to Plug Into Surging E-Car Market | Technology News
ZURICH (Reuters) -ABB has launched the world’s fastest electric car charger, the Swiss engineering company said on Thursday, to plug into the booming demand for electric cars made by Tesla, Hyundai and other automakers. The company is launching the…
GM CEO Mary Barra Is Head of the Business Roundtable. It”s Good for the Stock.
Text size Mary Barra, General Motors CEO, was named head of the Business Roundtable. Erin Kirkland/Bloomberg The Business Roundtable has named General Motors CEO Mary Barra as the first woman to head the association of notable CEOs, taking over from…