Tag: American manufacturing
The CEO of U.S.-made electric truck company Slate says removal of EV tax credit is ‘opening up capacity’ from battery suppliers | Fortune
The elimination of the electric vehicle federal tax credit may end up becoming a benefit to some of the newer players trying to compete...
Trump’s EV tax credit cuts are fueling a U.S. battery surplus that could lead to factory cancellations, ‘a poison pill for U.S. manufacturing hopes’
President Donald Trump’s crackdown on electric vehicle tax credits has contributed to a growing battery surplus that may hinder U.S. manufacturing, experts warn.
The lack...
Ford’s $5 billion bet on the ‘Model T’ of EVs could cost the company ‘billions’ more if it fails, analysts warn—mounting losses from its Model E woes
Ford’s renewed investment into its electric vehicles has the potential to either breathe new life into a division hemorrhaging money from past failed endeavors,...
Apple CEO Tim Cook gifts glass and 24-karat gold plaque to Trump
As if a $100 billion promise to invest in U.S. manufacturing wasn’t enough, Apple CEO Tim Cook gave President Donald Trump another token of...
Apple to invest another $100 billion into the US to avoid tariffs
Apple plans to invest an additional $100 billion in the US, the company announced on Wednesday. The investment follows President Donald's Trump's previously announced...
As Trump pushes Apple to make iPhones in the U.S., Google’s brief effort building smartphones in Texas 12 years ago offer critical lessons
The executives were well aware of the difficulties they would face in manufacturing a smartphone in the U.S. As with any great tech industry...