Fresh from $350 million RaiseBattery recycler and cathode-maker Redwood Materials is reportedly cutting about 5% of its workforce, according to Reuters. Bloomberg News, Nevada-based Redwood has about 1,200 employees, so the cuts will affect a few dozen employees. Founded in 2017 by former Tesla CTO JB Straubel, the company initially focused on battery cell production,…
Another fire has broken out at the Novelis aluminum plant in Oswego, NY that supplies sheet metal for Ford’s trucks, including its all-electric F-150 Lightning. The four-alarm fire broke out Thursday morning and has not yet been extinguished. Local news outlet CNY Central was the first report New flame. A massive fire at the Novelis…
General Motors is laying off thousands of workers at several electric vehicle and battery plants in the US. According To multiple shops, About 1,200 workers at the company’s EV factory in Detroit, Michigan are being placed on “indefinite layoff.” Further cutbacks and temporary layoffs are being made at GM’s Ultium cell battery factories in Ohio…
Tesla spent more than a year that the “more affordable models” of her vehicles are on the way, and on Tuesday the company finally revealed them. The company is now selling a more cheaper version of Model 3 sedan and model Y SUV, which starts at $ 36,990 and $ 39,990 respectively. The new version,…
After raising the safety concerns of the rivian employees and customers, the door handle design on its upcoming R2 SUV is changing, According to Bloomberg News, The automekar is one of the many that have been electronically tilted in the handle of electronically lacked door. While it allows for a smooth presentation and more aerodynamic…
Tesla is Asked Environmental Protection Agency is not meant to return the current vehicle emission standards, who want to break away from other major vehicle manufacturers To see the rulesThe company’s request comes the same week which President Donald Trump – Kaun Tesla CEO Elone Musk $ 300 million spent To help in the election…
Tesla has proposed a new 10-year compensation scheme for CEO Elon Musk, which can also be as $ 1 trillion as the EV manufacturer’s car business and it sets its spaces on Humanoid robotics and AI. The company has tied compensation to several benchmarks, one of which involves increasing Tesla’s overall assessment to more than…
The rivian is shutting around 150 workers-its second small staff cuts in a few months-like the company reads itself for all the important launch of its more common. R2 SUV Next year. The company confirmed Techcrunch that the new deduction was mostly for its “commercial” team, which belongs to sales and service operations, and affected…
According to Bloomberg News, Tesla is almost ready to start selling its electric vehicles in India, after years of tampering with the idea. The company is about to open its first showroom in Mumbai and can start delivery in early August, according to the report, Bloomberg reported his report, a few hours after publishing Tesla…
Earlier this year, the micromobility startup exiting the rivians also ink. New report of Bloomberg News, The funding round also brings a later money valuation of $ 1 billion. Startup Gather $ 105 million from eclipse undertakings Earlier this year when it was cleared from the Revian. In 2022, also started as a scunkworks team…
