Automotive
Fisker’s Stock Plunges Over 40% After EV Maker Reportedly Explores Bankruptcy
Fisker's stock fell over 40% in after-hours trading on Wednesday, raising investor concerns about the EV company's future.
Auto Industry Reassesses Strategies Amid Declining EV Hype
Interest in electric vehicles is falling due to several factors, including a lack of charging infrastructure, increasing costs of raw materials, and financing rates.
Elon Musk's Tesla Eyes Southeast Asia Expansion as China's BYD Pulls Ahead
Tesla is eyeing to expand in Southeast Asia to tap into the region's fast-growing electric vehicle (EV) market, where the US automaker faces competition from China's BYD.
General Motors Appoints Ex-Tesla, Google Exec as New Head of Manufacturing
General Motors appoints an ex-Tesla and Google executive to be the new head of manufacturing. General Motors (GM) announced Tuesday that Gerald Johnson, the long-time executive vice president of the company's Global Manufacturing and Sustainability, will retire after a 44-year tenure.