EV
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financeVolkswagen Confirms 19,000 Job Cuts Amid Sweeping Restructuring Push
Volkswagen CEO Oliver Blume confirms 19,000 German job cuts by 2026 through attrition and voluntary exits as the automaker battles rising costs and intense Chinese EV competition.
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techFerrari's First EV Sparks Intense Backlash
Ferrari's new Luce EV, designed by Sir Jony Ive, faces severe criticism from fans, investors, and politicians for its unconventional design.
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worldBYD Confirms Canadian Launch in Late 2026, Plans Over 20 Dealerships
Chinese EV giant BYD announces Canadian expansion with 20+ dealerships in major cities, starting late 2026.
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techFerrari's Luce: A High-Stakes Gamble on the Future of Electric Supercars
Ferrari launches its first all-electric car, the Luce, for over €500,000, betting on luxury EV appeal despite market doubts.
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techTesla Pivot to Robotics Raises Questions About Core Car Business
Tesla shifts focus to robots and semi trucks amid unsold EVs and aging vehicle lineup, raising concerns about neglecting core operations.
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financeGM Recoups $500M in Tariffs Amid Shifting EV Strategy
General Motors reports Q1 earnings, revealing a $500 million tariff refund following a Supreme Court ruling, even as EV production costs impact bottom line.
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techDenso Withdraws Bid for Chipmaker Rohm Amidst Strategic Realignment
Toyota supplier Denso reportedly ends its acquisition pursuit of chipmaker Rohm, citing a lack of support for the proposed tie-up.
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techBYD: Thriving Globally Without the US Market
China's automotive giant BYD asserts its success and expansion plans, focusing on global demand and technological innovation beyond the United States.