Paul Jacobson, GM’s chief financial officer, says the automaker expects to pay for the additional investments in EVs from its cash flow, which is being supported by strong demand for the company’s trucks and SUVs powered by internal-combustion...
Company President Rich Schmidt is confident Lordstown Motors can survive through the winter and into next spring, even though documents filed with the U.S. Securities and Exchange Commission indicated the company was in danger of running out of cash.
Art Wheaton, Director-Western New York Labor and Environmental Programs for Cornell University ILR School, talks about the global market for rare earth metals.
Hyundai Motor Group intends to invest $7.4 billion in the U.S. by 2025. A significant part of that investment is dedicated to starting production of EVs in the country, says José Muñoz, president and CEO of Hyundai Motor North America.
Coming out of 2020, strong companies have managed to recover, continue to take advantage of access to relatively cheap capital and accommodate fiscal policies in the U.S. and Europe.
XL Fleet already has converted more than 4,000 vehicles originally built by Ford, General Motors and Isuzu into gasoline-electric hybrids, and commercial business allowed to triple its revenue in 2020 despite the pandemic, according to company...
