Ford (F) to cut at least 1,000 salaried and contract workers

Polestar (PSNY) to adopt Tesla's (TSLA) NACS in US and Canada

Swedish automaker, Polestar (NASDAQ: PSNY) announced Thursday that they have signed an agreement with Tesla (NASDAQ: TSLA) to adopt the North American Charging Standard (NACS), allowing access to Teslas expansive Supercharger network for all Polestar drivers in the United States and Canada.

The press release detailed the companys plans to include the... More

Blink (BLNK) will expand NACS adoption to include entire product line

EV charging equipment company, Blink Charging (NASDAQ: BLNK) announced Wednesday that they have expanded their commitment to embrace the Tesla (NASDAQ: TSLA) Standard by incorporating both the North America Charging Standard (NACS) and Combined Charging System (CCS) into Blinks entire state-of-the-art line of charging products.

Earlier this month, the company made an announcement regarding the integration of NACS connections into their latest 240kW DC Fast Charger. However, Blink has gone a step further to ensure the satisfaction of all drivers, regardless of their vehicle model, by... More

Stellantis (STLA) launches new EV charging service, aims to relieve 'charging anxiety'

Franco-American automaker and Jeep parent company, Stellantis (NYSE: STLA) launched 'Charging & Energy' business unit Free2move Charge on Tuesday, with the aim to make it easier to keep electric vehicles on the road and cash in on an expanding range of services around greener... More

Ford Motor (F) to Lay Off At Least 1,000 Salaried and Contract Workers, Sources Say - WSJ

Ford Motor (NYSE: F) to Lay Off At Least 1,000 Salaried and Contract Workers, Sources Say - WSJ

Washington State plans to mandate Tesla's (TSLA) NACS

Washington State officials revealed Thursday that the state plans to follow Texas lead requiring electric vehicle charging companies to include Tesla's (NASDAQ: TSLA) North American Charging Standard (NACD) plug, commonly referred to as the Tesla Standard, to their charging stations if they plan to be a part of a state program to electrify highways using federal dollars.

General Motors (NYSE:... More

Tesla (TSLA) remains Underperform at Bernstein, sees near term impact of NACS adoption as limited

Bernstein reiterated an Underperform rating and $150.00 price target on Tesla Inc. (NASDAQ: TSLA) after rival automakers Ford (NYSE: F), General Motors (NYSE: GM) and Rivian (NASDAQ: RIVN) decided to adopt the companys North American Charging Standard (NACS) connectors. Other third-party networks such as EVgo (NASDAQ: EVGO) and Blink... More

General Motors (GM) updates pricing and specs for Silverado EV

Detroit automaker, General Motors (NYSE: GM) revealed updated pricing a specs for their upcoming Chevrolet Silverado EV after announcing that they have decided to scrap plans to offer a base version of the Silverado EV with a $39,000 price tag.

"A lot has changed in the last year and a half, a lot of economic and industry pressure, we are going to increase that price," said Amy Masica, head of... More

Ford (F) cuts contract workers ahead of planned layoffs

Ford (NYSE: F) notified contract workers employed by outside companies late Friday that their services would no longer be needed, the Michigan automaker confirmed Saturday.

The company alerted some workers who are employed by outside agencies that their contracts were not being renewed. When asked how many people would not be reporting to work Monday, Ford spokesman T.R. Reid said, "Were not providing numbers."

"People in certain agency positions across a few skill teams were notified by their employers that their assignments at Ford have ended," Reid told reporters. "The... More

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