electric vehicles

Redwood Materials reportedly cuts 5% of staff after $350M raise

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Fresh off a $350 million raise, battery recycler and cathode-maker Redwood Materials is reportedly cutting around 5% of its workforce, according to Bloomberg News. Nevada-based Redwood employees around 1,200 employees, so the cuts affect a few dozen workers. The company, founded in 2017 by former Tesla CTO JB Straubel, initially focused on recycling scrap from […]

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Another fire breaks out at aluminum plant that supplies Ford

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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 started Thursday morning and has still not been extinguished. Local news outlet CNY Central was the first to report the new blaze. The Novelis plant suffered a

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GM cuts thousands of EV and battery factory workers

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General Motors is laying off thousands of workers across multiple electric vehicle and battery plants in the U.S., according to multiple outlets. Around 1,200 employees at the company’s EV factory in Detroit, Michigan, are being placed on “indefinite layoff.” Further cuts and temporary layoffs are being made at GM’s Ultium Cells battery factories in Ohio

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Elon Musk frets over controlling Tesla’s ‘robot army’ as car biz rebounds slightly

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Tesla’s record sales quarter has offered the company a reprieve after a terrible start to 2025. But CEO Elon Musk is focused on building a “robot army” and making good on his years-long, unfulfilled promise of self-driving cars — tasks he needs to accomplish if he is to unlock the full value of the $1

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General Motors gives up on BrightDrop electric vans

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General Motors is abandoning its BrightDrop electric delivery vans, just four years after introducing the vehicles. The company announced Tuesday alongside third-quarter earnings that it made the decision because the “commercial electric delivery van market developed much slower than expected.” GM also blames the “changing regulatory environment and the elimination of tax credits in the

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