The Xiaomi EV Hyperfactory moved from groundbreaking to completion in just 14 months, and work on its second and third phases is now progressing steadily. Analysts say the pace reflects China's ...
Amaze Lab on MSN
GM’s $7.6B EV blow triggers major electric shift, putting 3,000 factory jobs at risk
General Motors entered 2026 having absorbed a $7.6 billion blow to its electric vehicle ambitions, a reversal that undercut ...
GM is making a series of job cuts at its Factory Zero assembly plant near Detroit, resulting in the loss of nearly 2,000 jobs across several U.S. facilities. The move follows slower-than-expected EV ...
According to the Detroit Free Press, the General Motors Factory Zero assembly complex will partially shut down two shifts. The Detroit-based automaker said that its production adjustments impact the ...
STELLANTIS has kicked 2026 off with a whimper amid reports that production at its Cassino plant in Italy has been paused.
Steel Horse Rides on MSN
GM lays off 1,300+ workers as Factory Zero EV strategy falters
General Motors is cutting more than 1,300 jobs tied to its electric vehicle build-out, a stark reversal for a strategy that ...
Stellantis idles its Cassino factory and delays new Alfa and Maserati EVs as its EV-only strategy collides with weaker demand ...
Electric vehicles already deliver what most drivers say they want: a quiet, comfortable car that is cheap to run and does not spew exhaust. Yet even ...
24/7 Wall St. on MSN
As EV Dream Fades, Ford — Not GM — Is the Auto Stock to Buy
General Motors (NYSE:GM) announced yesterday it was taking a $6 billion charge related to scaling back several electric ...
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