Job losses at battery companies mark cost of slowing EV transition

Automakers such as Ford have adjusted to slowing electric vehicle sales growth by changing EV production schedules.

December 22, 2023 03:00 PM

Electric vehicle battery companies have cut hundreds of jobs over the last few months, an effect of the automotive industry recalibrating the timeline for the EV transition.

Featured Stories

Automotive News PACE Awards go to Dana, Flex, Lear, Marelli, 7 other suppliers

Former Mercedes-Benz USA sales boss Adam Chamberlain returns as CEO

VW Group of America CEO to dealers on Scout: I hear you

Alliance CEO John Bozzella: States can ‘make decisions’ not to follow California rules

Latest News

New electric MG SUV retains value lead, but rivals close price gap

Automotive News PACE Awards go to Dana, Flex, Lear, Marelli, 7 other suppliers

Amazon Autos shoppers can now lease Hyundai vehicles on platform

Alliance CEO John Bozzella: States can ‘make decisions’ not to follow California rules

Staying current is easy with newsletters delivered straight to your inbox.

See More in Manufacturing

Live updates on tariffs: Honda Canada says no plans to move output to U.S.

Honda Canada says there are no plans to move production to the U.S.

Safety parts tariff creates fertile ground for counterfeits: experts

Tariff impact like ’08 financial crisis, COVID and chip shortage combined, Magna CEO says

Staying current is easy with newsletters delivered straight to your inbox.