General Motors is cutting 1,750 jobs and reshaping its electric vehicle strategy as demand cools and costs bite into profits.
Unigrid is pursuing a contract manufacturing strategy for its sodium-ion batteries, drawing on semiconductor foundry practices to shorten development timelines while shifting most production to ...
As advances on technology create a greater need for lithium-ion batteries, the ability to recycle them to sustain the environment is becoming even more important. A professor at ...
As the world's need for energy storage increases, sodium-ion batteries are emerging as a less expensive and more ...
Other recent layoffs include Smyrna logistics firm WWL Vehicle Services Americas, Inc., Murfreesboro freight company Quickway Transportation and Spring Hill auto parts supplier OPMobility and Tennoco.
CFO Shawn Canter stated, "Revenue grew 116% from the same quarter last year to approximately $6.9 million. Q3 was the highest revenue quarter KULR has ever posted. This grows the streak to the fifth ...
Cadillac Korea has launched the all-electric version of its top-of-the-line luxury SUV — the Escalade IQ — featuring the ...
In the past ten years, electric cars have evolved not only in performance and features, but also in battery durability. One ...
Super-cheap EVs exist in other parts of the world, as advances in battery tech and manufacturing are making new cars significantly cheaper. But the US market presents unique challenges for automakers.
General Motors’ recent announcement of massive layoffs at Ultium Cells in Lordstown hit the Mahoning Valley like a ton of bricks. For some, it rekindled a sense of perverse deja vu, harkening back to ...
General Motors (GM), once heralded as the symbol of America's electric vehicle revolution, is now facing a brutal reckoning ...