The new Chevy Bolt EV just went into production at GM’s Fairfax plant in Kansas in November, but it won’t be built there for ...
To say 2025 was a tough year for Canada’s auto sector — which looms large and is concentrated in Southwestern Ontario, ...
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GM’s $7.6B EV blow triggers major electric shift, putting 3,000 factory jobs at risk
General Motors entered 2026 having absorbed a $7.6 billion blow to its electric vehicle ambitions, a reversal that undercut years of confident forecasts about a rapid shift away from gasoline. The ...
Swedish automaker Volvo Cars said Tuesday that it was pausing operations at a battery factory under construction, dismissing all 75 workers there, after failing to find a partner for the business.
GM is absorbing $7.6B in EV-related charges in 2025 as it scales back plans, shifts capacity to trucks and refocuses on near-term profitability.
Detroit automaker’s EV sales fell 43% in the fourth quarter.
GM said in a Form 8-K filed with the U.S. Securities and Exchange Commission that the charge will impact fourth-quarter 2025 earnings.
The Ohio facility forms part of a $4.4bn battery manufacturing joint venture announced in 2022 between Honda Motor and LG Energy Solution. Credit: Kittyfly / Shutterstock.com South Korea’s LG Energy ...
SEOUL, Dec 24 (Reuters) - South Korea's LG Energy Solution (LGES) said on Wednesday it is selling a factory building and assets in the U.S. state of Ohio to Honda Development and Manufacturing of ...
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