Ottawa’s new EV tax credit raises hope of big new Honda investment

theglobeandmail.com A new tax credit in Tuesday’s federal budget is fuelling industry speculation that Canada is close to landing a massive electric-vehicle investment by Honda. The proposed…

Labor costs, shortage, increasing reliability: Why we’re seeing more robots inside plants

chicagotribune.com Long used mostly for the “dull, dirty and dangerous” tasks in manufacturing, robots are increasingly considered “desirable” amid rising labor costs and shortages, strike…

GM to move headquarters from RenCen to Hudson's site

detroitnews.com Detroit — General Motors Co. will move its global headquarters to the Hudson’s Detroit development, while it works with billionaire mortgage mogul Dan Gilbert's real estate…

Tesla to slash over 10% of workforce as world's most famous EV maker struggles with slowing demand

financialpost.com Tesla Inc. will slash global headcount by more than 10 per cent, Elon Musk wrote in an email to staff, as the carmaker grapples with a slowdown in electric vehicle demand.…

Tesla to cut over 10% of workforce in global retrenchment

siliconvalley.com By Ed Ludlow and Dana Hull | Bloomberg Tesla Inc. is slashing headcount by more than 10%, part of a global retrenchment extending all the way into its executive ranks as the…

Tesla To Slash Global Headcount By More Than 10%, Electrek Reports

zerohedge.com Tesla To Slash Global Headcount By More Than 10%, Electrek Reports Shares of Tesla Motors are muted in the early premarket trading hours in New York after a report from the…

Tesla reportedly plans to cut over 10% of its global workforce—some 14,000 employees

fortune.com Tesla Inc. will reduce global headcount by more than 10%, Electrek reported, as the carmaker grapples with a slowdown in electric vehicle demand. Elon Musk cited…

Rivian, Lucid at New Lows as Ford Price Cut Fans EV Concerns

finance.yahoo.com Shares of electric vehicle startups Rivian Automotive Inc. and Lucid Group Inc. closed at all-time lows Thursday after Ford Motor Co. slashed prices on its electric pickup…

What are electric vehicle stock prices? Rivian, Lucid face record lows

fortune.com Shares of electric vehicle startups Rivian Automotive Inc. and Lucid Group Inc. are staring down all-time lows Thursday after Ford Motor Co. slashed prices on its electric…

Canada expands powers to stall, block foreign deals for AI, space technology

financialpost.com Canada will tighten its scrutiny of foreign investments in artificial intelligence, quantum computing and space technology as the government expands its power to stall and…

GM’s Cruise robotaxi unit relaunches, with human drivers, in Phoenix

marketwatch.com After suspending operations last fall, Cruise, the troubled autonomous-driving unit of General Motors Co., plans to gradually return to city streets, starting in Phoenix.

A controversial Chinese EV battery firm is in talks with another Detroit Big Three automaker

thestreet.com One of the largest suppliers of EV batteries is in talks with yet another Detroit Big Three automaker, in spite of the fact that its involvement with another automaker made…

Mercedes Alabama Workers Gear Up For UAW Union Election: Report

benzinga.com Workers at Mercedes Benz Group AG MBGYY MBGAF factory in Vance, Alabama, petitioned U.S. regulators for a union election, the United Auto Workers (UAW) announced on Friday.…