Ford has announced the reduction of 40,000 jobs, citing high costs and disappointing electric vehicle (EV) sales as key factors. The company aims to streamline operations amid financial pressures.

Ford Blames High Costs and Weak EV Sales For Job Cuts

Germany offers tax incentives to boost EV sales

Headlines of the hour: - Chinese Naval ships spotted off Alaska - Biden: Most qualified to run for President - Biden's twin gaffes at NATO summit - Netanyahu heckled with 'shame' chants - Nepal: 66 people missing after landslide - India: Yellow alert issued for Mumbai - China leads global EV sales

India: Yellow alert issued from Mumbai | China leads global EV sales

Robust Q2 EV sales inject optimism amidst market challenges

Tesla, one of the most valuable car companies globally but 2022 is turning out to be a nightmare for Tesla. First, Wuhan virus lockdowns in China disrupted supply chains and now Tesla has lost the tag of world's largest electric car maker. Its quarterly sales this year have dropped very high.

Tesla no longer largest EV Manufacturer

ev-sales

Ev Sales, News on Ev Sales, stories on Ev Sales, articles on Ev Sales, Ev Sales stories at Wion, Ev Sales news, Ev Sales latest news

ev sales

Ford Blames High Costs and Weak EV Sales For Job Cuts

Germany offers tax incentives to boost EV sales

India: Yellow alert issued from Mumbai | China leads global EV sales

Robust Q2 EV sales inject optimism amidst market challenges

Tesla no longer largest EV Manufacturer