EV Business

Some Parents May Need a 'Sleep Divorce' to Improve Their Marriage, Experts Say

Ford Splits EV and Legacy Auto Business: Carmaker Creates 'Ford Blue' and 'Ford Model e' Divisions

Ford Motor made a stunning announcement on Wednesday, March 2, saying it will reorganize the company's operations to separate its internal combustion engine and electric businesses into two different units. 'Ford Blue' will be for its legacy autos while 'Ford Model e' will be for its EV business. more

Hyundai to Invest $16.1 Billion for EV Business; Sets Annual Sales Goal of 1.87M Electric Cars by 2030

Hyundai to Invest $16.1 Billion for EV Business; Sets Annual Sales Goal of 1.87M Electric Cars by 2030

Hyundai Motor Company is ramping up its electrification strategy, with the South Korean automaker planning to spend $16.1 billion (19.4 trillion won) and targeting annual sales of 1.87 million EVs by 2030. more

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