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Toyota is spending $13.9 billion to build EV batteries in rural N.C. It should have spent more to add on-site solar, wind generation from the get-go.
GM’s Cruise will pay more than $8 million in the robotaxi settlement.
EV startups are dealing with bankruptcies, phenomenal cash burns and an uncertain path to profits.
Carvana slowed its sales growth in 2022 and 2023 to address profitability, but it's now in a transition period where it is focusing on both, CEO Ernie Garcia said.
REE's partnership with Penske Truck Leasing is a boon for the electric truck and chassis company at a time EV startup successes are rare.
Saban, a co-owner in seven Mercedes-Benz dealerships, said his comments about college football unionization were used out of context in a pro-UAW ad.
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