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Costs mount as US company pursues goal to make 2mn battery cars and trucks by end of 2026
Lisa Brankin warns tariffs on imported battery cars also put at risk ambitions to shift from petrol
US automaker announces cuts to product development teams in UK and Germany
Carmaker cites US Inflation Reduction Act in deciding location of $3.5bn Michigan factory
Lessons in overpromising and underdelivering
GM, Volkswagen, Hyundai and Kia decline to follow competitors as customer demand persists
US carmaker will use top-flight racing to grow awareness and develop electric technology
Move comes weeks after Tesla reduced cost of its electric vehicles in US and Europe
Product development roles feared to be heading to US as carmaker adapts to future with electric vehicles
US group prepares to launch vehicles using its own technology
The net zero transition is a social challenge as well as a financial and technological one
US group’s investment secures site’s future and will establish Halewood factory as European EV hub
Motor companies fret about loss of tax incentives as they depend on Chinese battery components
‘Storm clouds’ face workers as US carmaker pursues aggressive sales goals
Argo AI, once valued at $7bn, struggled to meet goal described as ‘harder than putting man on moon’
This tale of a fallen man’s attempt to find himself and redemption has little self-awareness
US carmaker must convince drivers of diesel version to switch to battery model to retain position as market leader
Executives cite group’s ‘uncompetitive’ cost structure as carmaker targets cuts in the US, Canada and India
Decision will lead to end of production at Saarlouis facility in Germany and deep cutbacks in Spain
Governments must actively nurture products down the experience curve if they are to benefit in the long term
US carmaker will invest in assembly plants in Michigan, Ohio and Missouri
US group promises seven new electric vehicles for Europe starting from next year
US carmaker splits battery cars and engine models into separate units
Investors will have to decide if they are willing to value the two halves separately
Tesla, Ford and General Motors among companies wooed by incentives that can run to $100,000 or more per job
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