Ford Motor Co
EV startup Harbinger, founded by Canoo and QuantumScape veterans, aims to shake up medium-duty truck market
Harbinger EV truck Jack Schroeder | Harbinger A new Los Angeles-based electric vehicle startup founded by veterans of Canoo and QuantumScape said Wednesday it’s preparing to shake up the medium-duty truck market with a ready-to-build electric truck platform coming next year. The company, called Harbinger, has developed two EV platforms it says are optimized for […]
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How electric vehicle manufacturing could shrink the Midwestern job market
The race to build electric vehicles in the U.S. is heating up as fresh rounds of investment come out of Washington. Workers at the former heart of the auto industry fear being left behind. “When we look carefully at what goes on on the factory floor, it won’t be less workers,” Keith Cooley, former head […]
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Ford’s new vehicle sales slow in August, in line with expectations
2023 Ford F-150 Raptor R Ford DETROIT – Ford Motor on Friday said its U.S. sales last month increased double-digits from a year earlier but were off about 4% from the prior month, as the company and auto industry continue to manage significant supply chain issues. The Detroit automaker reported August sales of 158,088 new […]
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Honda and LG Energy Solution to build $4.4 billion EV battery plant in U.S.
An employee inspects the door of a 2018 Honda Accord vehicle during production at the Honda of America Manufacturing Inc. Marysville Auto Plant in Marysville, Ohio, on Thursday, Dec. 21, 2017. Ty Wright | Bloomberg | Getty Images Honda Motor and LG Energy Solution said Monday they plan to invest $4.4 billion to build a […]
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Cash is king for EV makers as soaring battery prices drive up vehicle production costs
Production of electric Rivian R1T pickup trucks on April 11, 2022 at the company’s plant in Normal, Ill. Michael Wayland / CNBC In the transition from gas-powered vehicles to electric, the fuel every automaker is after these days is cold hard cash. Established automakers and startups alike are rolling out new battery-powered models in an […]
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Ford hikes price of electric Mustang Mach-E by as much as $8,475 due to ‘significant’ battery cost increases
Visitors check on a Ford Mustang Mach-E electric vehicle displayed at a launch event in Shanghai, China April 13, 2021. Yilei Sun | Reuters DETROIT – Ford Motor is hiking the starting prices of its electric Mustang Mach-E crossover by more than $8,000 for some models, as it reopens order banks for the 2023 model […]
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Shares building the largest moves midday: AMC, Signify Health and fitness, Netflix and a lot more
Netflix is growing its force into cell gaming. Sopa Images | Lightrocket | Getty Photos Test out the providers producing the biggest moves midday Monday: AMC — Shares of the theater chain dropped 38% as buyers weighed the firm’s new desired share course and news that rival Cineworld that it was looking at individual bankruptcy. […]
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Shares building the biggest moves in the premarket: Signify Wellness, Mattress Bath & Past, AMC and far more
Choose a appear at some of the biggest movers in the premarket: Signify Wellbeing (SGFY) – Signify Health and fitness surged 37.5% in premarket investing as a possible bidding war escalates for the dwelling health and fitness companies company. Amazon.com (AMZN) and UnitedHealth (UNH) are now mentioned to be amongst the bidders, according to The […]
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Delta, the NFL, and the U.S. Air Drive are turning to this app to get ready for extreme climate
As the severity, intensity and frequency of weather disasters maximize, planning is turning into extra essential than ever to protect lives, as well as infrastructure, companies and community economies. A single substantial-tech forecasting business is now stepping up, giving hyper-thorough weather conditions prediction and pre-storm approach plans, appropriate down to a metropolis block. Boston-primarily based […]
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Tesla’s valuation doesn’t make sense until it hits this level, fund manager says
Top tech investor Paul Meeks doesn’t buy into the Tesla hype, saying the stock could be a buy — but only at the right price. “You almost have to believe in the cult, and it is a cult, just a little bit to buy that stock, because you are never going to be a hardcore […]
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