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Ford is switching gears from EVs: 'It was really the customer changing their decision'
Business Insider· 2025-12-16 06:58
Ford is switching gears, away from some electric vehicles. In a news release on Monday, the company announced several changes to its EV production, saying it is deprioritizing fully electric large vehicles, which were not making it money."Ford no longer plans to produce select larger electric vehicles where the business case has eroded due to lower-than-expected demand, high costs and regulatory changes," Ford said in the release. The company also plans to stop the production of electric commercial vans i ...
General Motors laying off 200 Detroit employees in electric car factory
New York Post· 2025-04-10 16:00
Group 1 - General Motors is laying off about 200 workers at its all-electric Factory Zero plant in Detroit to adjust production according to market dynamics [1] - The layoffs are temporary and not related to recently imposed auto tariffs [1] - Factory Zero produces several electric vehicle models including the Chevrolet Silverado EV, GMC Sierra EV, Hummer EV SUV and pickup, and all-electric Escalade IQ [1] Group 2 - Factory Zero employs approximately 4,500 workers [2]