‘It Is Desolate’: China’s Glut of Unused Car Factories
Posted inBYD Co Ltd China China Economy Chongqing (China) Electric and Hybrid Vehicles Factories and Manufacturing Ford Motor Co Hyundai Motor Co International Trade and World Market Labor and Jobs Layoffs and Job Reductions Prices (Fares, Fees and Rates) Tesla Motors Inc

‘It Is Desolate’: China’s Glut of Unused Car Factories

Manufacturers like BYD, Tesla and Li Auto are cutting prices to move their electric cars. For gasoline-powered vehicles, the surplus of factories is even worse.
Tesla Will Recall Cybertruck in Latest Setback
Posted inElectric and Hybrid Vehicles Musk, Elon National Highway Traffic Safety Administration Recalls and Bans of Products Regulation and Deregulation of Industry Sports Utility Vehicles and Light Trucks Tesla Motors Inc Traffic Accidents and Safety

Tesla Will Recall Cybertruck in Latest Setback

A federal auto safety agency said the accelerator pedal on the pickup truck, sales of which began in late 2023, could become stuck, increasing the risk of accidents.