Tesla reported almost USD 97 billion in revenue last year, equivalent to just under USD 690,000 for each of its over 140,000 employees.
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The contract will build on General Motors plan to create a strong, sustainable battery electric vehicle or EV supply chain to support its EV production …
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INDUSTRY NEWSLatest News
Cruise’s revised offer to settle California investigation raises eyebrows
by Biplab Dasby Biplab DasThe move comes as the company faces intense scrutiny over its handling of the incident.
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INDUSTRY NEWSLatest News
GM slashes Cruise spending by USD 1 bn amidst regulatory scrutiny
by Biplab Dasby Biplab DasThe decision comes in the aftermath of probes initiated by the U.S. Justice Department and the SEC following an accident involving a Cruise robotaxi in …
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The United Auto Workers praise Joe Biden’s pro-union record, while sharply criticising Donald Trump for allegedly opposing their values.
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A report by EPA highlights the momentous progress made by the industry to reduce climate pollution and other harmful emissions
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U.S. manufacturers are increasing wages for their non-union employees in the wake of significant wage and benefits agreements secured by the UAW for union workers …
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General Motors plans significant reductions in EV production costs by 2024, emphasising higher-margin models for increased profitability, with a commitment to achieve mid single-digit earnings …
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The United Auto Workers (UAW) union has initiated a first-of-its-kind campaign to publicly organise the entire non-union auto sector in the United States.
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Amidst safety concerns, Cruise is recalling 950 driverless cars from the roads across the United States following a crash involving one of its robotaxis