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General Motors (GM) teams with Netflix (NFLX) to promote EVs on screen
February 2, 2023 10:21 AM ESTGeneral Motors (NYS: GM) announced Thursday that they will be teaming up with Netflix to give electric vehicles (EVs) the stage they deserve.
In 2021, GM launched the Everybody In campaign, demonstrating the companys intent to lead an all-electric future, and invited others to join the movement. Netflix is joining and will increase the presence of EVs in Netflix-produced shows and films, where relevant, while also taking steps to enable more sustainable productions.
Entertainment has a huge... More
Rivian (RIVN) to cut jobs by 6% amidst price war
February 1, 2023 11:56 AM ESTReuters reports in an exclusive story Wednesday that Rivian Automotive (NASDAQ: RIVN) is laying off 6% of its workforce in an effort to cut costs. The American EV maker, already grappling with falling cash reserves and a weak economy, is now bracing for what may be an industry-wide price war.
The falling EV prices were kicked off by cuts made recently by Elon Musk-led Tesla and Ford... More
