Detroit blinked on EVs, but the Iran war has handed Chinese automakers the opportunity of a lifetime
Just as American automakers started pulling back on EVs, the Iran war has sent gas prices skyrocketing, opening…
Shares in South Korea’s LGES drop more than 7% after Ford cancels EV battery deal
SEOUL, Dec 18 (Reuters) – Shares of LG Energy Solution dropped as much as 7.6% in morning trade…
Ford CEO says a ‘shocking’ discovery after taking apart rival Tesla and Chinese EVs led to a ‘brutal’ business decision
Ford CEO Jim Farley said he was struck by a “shocking” discovery when digging into competitors’ vehicles, and…
Ford to get new hometown HQ, Glass House to be demolished
Dearborn — Ford Motor Co.’s decision to relocate its world headquarters to the large, glass-faced Hub west of…