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Electric Vehicles

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Ford Initiates $2 Billion Transformation of Louisville Assembly Plant for Next-Gen Electric Truck
Posted inEmerging Market

Ford Initiates $2 Billion Transformation of Louisville Assembly Plant for Next-Gen Electric Truck

Ford Motor Company has announced a massive $2 billion overhaul of its historic Louisville Assembly Plant in Kentucky to prepare for the next generation of electric vehicles. The automotive giant…
Posted by Prasenjit Bhowmik August 14, 2026
Rivian Optimizes Financial Outlook with Reduced 2026 Spending and Narrowed Loss Guidance
Posted inEmerging Market

Rivian Optimizes Financial Outlook with Reduced 2026 Spending and Narrowed Loss Guidance

Rivian Automotive has announced a strategic revision of its long-term capital expenditure plans and a tightening of its financial projections for the current fiscal year. The California-based electric vehicle manufacturer…
Posted by Prasenjit Bhowmik July 31, 2026
General Motors Raises Full-Year Forecast Following Strong Second-Quarter Earnings Beat
Posted inEmerging Market

General Motors Raises Full-Year Forecast Following Strong Second-Quarter Earnings Beat

General Motors raised its full-year financial guidance on Tuesday after delivering second-quarter earnings and revenue that comfortably surpassed Wall Street expectations, driven by sustained demand for high-margin trucks and SUVs…
Posted by Prasenjit Bhowmik July 25, 2026
Former Volkswagen Engineers Arrested in $5 Billion Rivian Insider Trading Scheme
Posted inBusiness Insights

Former Volkswagen Engineers Arrested in $5 Billion Rivian Insider Trading Scheme

Federal authorities in the United States have arrested two former Volkswagen AG engineers on charges of insider trading, accusing the pair of leveraging confidential information about a planned $5 billion…
Posted by Prasenjit Bhowmik July 25, 2026
India EV Penetration Projected to Hit 10-12% by FY27 Driven by Fleet Expansion and New Launches
Posted inBusiness Insights

India EV Penetration Projected to Hit 10-12% by FY27 Driven by Fleet Expansion and New Launches

India's electric vehicle (EV) market is on track to achieve a penetration rate of 10-12% across all vehicle categories by Financial Year 2027, rising from the current baseline of 8.5%,…
Posted by Prasenjit Bhowmik July 24, 2026
GM Reverses Course on All-Electric Cadillac Timeline, Announcing New Gas-Powered Models
Posted inEmerging Market

GM Reverses Course on All-Electric Cadillac Timeline, Announcing New Gas-Powered Models

GM delays its all-electric Cadillac plans by introducing new gas-powered SUVs and sedans to adapt to slowing consumer demand for EVs.
Posted by Prasenjit Bhowmik July 24, 2026
General Motors Reverses Course with New Gas-Powered Cadillac Lineup Amid Slowing EV Growth
Posted inEmerging Market

General Motors Reverses Course with New Gas-Powered Cadillac Lineup Amid Slowing EV Growth

GM is launching new gas-powered Cadillac models as slowing electric vehicle demand forces the automaker to shift its ambitious all-EV strategy.
Posted by Prasenjit Bhowmik July 24, 2026
Japanese and Korean Automakers Dominate Surging U.S. Hybrid Vehicle Market
Posted inEmerging Market

Japanese and Korean Automakers Dominate Surging U.S. Hybrid Vehicle Market

In early 2024, three major Asian auto manufacturing groups—Toyota, Honda, and Hyundai-Kia—are capturing the vast majority of the rapidly expanding U.S. hybrid electric vehicle market. American consumers across the country…
Posted by Prasenjit Bhowmik July 24, 2026
Ford Partners with Apple to Power Next-Generation Self-Driving Electric Vehicles
Posted inBusiness Insights

Ford Partners with Apple to Power Next-Generation Self-Driving Electric Vehicles

Discover how Ford is integrating Apple Maps into its new electric vehicles to revolutionize hands-free driving and optimize battery routing.
Posted by Prasenjit Bhowmik July 24, 2026
Volkswagen Weighs 50,000 Additional Job Cuts Amid Severe Cost Disadvantage
Posted inEconomy

Volkswagen Weighs 50,000 Additional Job Cuts Amid Severe Cost Disadvantage

Volkswagen may cut another 50000 jobs globally to battle a severe cost disadvantage and rising competition. Read how this affects the auto giant.
Posted by Prasenjit Bhowmik July 24, 2026

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