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Ford pivots from EV plans to heavy-duty trucks at Canada facility
Ford outlined plans to use a Canadian plant earmarked for future electric vehicles to instead build larger, gas-powered versions of its F-Series pickup truck.
Ford outlined plans to use a Canadian plant earmarked for future electric vehicles to instead build larger, gas-powered versions of its F-Series pickup truck.
President Joe Biden declared on Tuesday that, in an effort to counter what he says are unfair trade practices by its international rival, the White House is raising tariffs on $18 billion worth of Chinese goods, which includes electric cars (EVs).
Tesla tumbled nearly 11% on Thursday after CEO Elon Musk warned sales growth would slow this year despite price cuts.
Tesla has told suppliers it wants to start production of a new mass market electric vehicle codenamed “Redwood.”
Tesla has told suppliers it wants to start production of a new mass market electric vehicle codenamed “Redwood.”