The job cuts will mostly affect Germany and the UK. They follow "significant losses" in Ford's passenger vehicle operations ...
Ford Motor Co. will look to eliminate another 4,000 positions in Europe, further retrenching within a region where the ...
The EV market is struggling in Europe, where sales of new EVs in Germany dropped nearly 37 percent in July 2024 from the same ...
Most of the cuts come in Germany, which ended its EV subsidies last year. EV sales have dropped 28% so far this year.
New car sales in Europe were flat in October, after falling for two consecutive months, industry data showed on Thursday, ...
Ford plans to cut another 4,000 jobs in Europe by the end of 2027 as part of its restructuring. The company blamed the “weak ...
Northvolt has struggled to boost production at its Swedish battery factory and recently announced 1,600 layoffs amid weak ...
Public policy is playing a key role in the adoption of EVs, and the incoming administration is poised to make big changes, ...
Northvolt's financial collapse deals a blow to Europe's plan to set up its own battery industry to power electric cars, ...
On the edge of the Arctic Circle, thousands of employees at Northvolt trudged to work on Friday morning, braving snow, slush ...
Car rental prices are finally settling down after a long period of volatility but the adoption of electric vehicles by ...