Rivian is reportedly laying off around 4% of its workforce as the electric-vehicle startup looks to rein in costs amid a slowdown in the EV market. Sources tell the Wall Street Journal and Bloomberg that the company is cutting at least 600 jobs, mostly in the servicing and sales departments. The move comes just…
Beyond Meat may be plant-based, but investors are beefing up their holdings as the company’s stock becomes a so-called meme asset. Shares of the firm have surged over 1,000% since hitting a record intraday low last week, as the company announced its creditors had accepted a debt swap. Demand for Beyond Meat and other plant-based…
https://speedme.ru/en/posts/id9185-tesla-eyes-africa-morocco-hire-signals-ev-market-entry Tesla eyes Africa: Morocco hire signals EV market entry Tesla prepares first steps into Africa with Morocco hire Tesla eyes Africa: Morocco hire signals EV market entry Tesla posts a Sales and Delivery Manager role in Casablanca, Morocco, signaling its first EV market entry into Africa and a pragmatic expansion launchpad. 2025-10-23T06:26:46+03:00 2025-10-23T06:26:46+03:00 2025-10-23T06:26:46+03:00…
On the Dash: GM raised its 2025 adjusted core profit outlook to $12–$13 billion, signaling stronger-than-expected earnings and tariff relief. EVs remain a small portion of total sales, and GM canceled its dealer-led tax credit extension, reflecting ongoing challenges in stimulating EV demand. CEO Mary Barra emphasizes reducing EV overcapacity and letting customer demand guide…
Former US Vice President Kamala Harris said then President Joe Biden, made a “big mistake” by not inviting Tesla CEO Elon Musk to a 2021 White House event on electric vehicles. The event, held in August 2021, included executives from General Motors, Ford, and Stellantis, but Musk was notably absent despite Tesla being the nation’s…
A new electric truck is set to take the U.S. EV market by storm in the coming months, and a recent TikTok video gave prospective buyers a sneak peek at its numerous intriguing features. In the video, host Forrest Jones (@forrestautoreviews) takes viewers inside the MT-1, from an upstart American company called Telo. “What the…
Pune: The Indian EV battery market is projected to grow from USD 16.77 billion in 2023 to USD 27.70 billion by 2028, highlighting the immense potential for investment, collaboration, and technological advancement across the value chain, industry experts said at a roundtable ahead of the upcoming The Battery Show India (TBSI 2025). “The global electric…
The U.S. automotive market faces ongoing affordability pressures even as certain segments, particularly luxury vehicles and hybrids, continue to see robust growth. Joining us on today’s episode of CBT Now is Kevin Roberts, the Director of Economic and Market Intelligence at CarGurus, to discuss the company’s latest Q3 Intelligence Report, which reveals trends that are shaping dealer…
Eidford village Norway, Volkswagen ID4 SUV electric vehicle being charged by a 360kw vehicle charging station with cruise ship MS Rotterdam in port. (Photo by: Martin Berry/UCG/Universal Images Group via Getty Images) UCG/Universal Images Group via Getty Images At first blush, it seems Norway just committed the ultimate heresy in clean tech policy: it laid…
After much anticipation, a new EV battery, often referred to as the “holy grail” of its industry, has just entered the market for the first time. The first mass-produced EV to feature a semi-solid-state battery, the new MG4, was just approved for sale in China by the Ministry of Industry and Information Technology. What differentiates…