Tag: EV
Rivian plans 10% workforce cut amid financial challenges
Rivian plans to reduce its workforce by around 10 per cent to save money. The decision was revealed during the company's fourth-quarter earnings call...
Tata Motors’ commitment to build EV capabilities in 5 years
With a focus on capacity building, Tata Motors, the Indian automobile manufacturer, is doing its bit to develop a future-ready workforce equipped with the...
Euler Motors restructures, lays off 200
After recently raising $60 million in a Series C funding round, Euler Motors, a startup that manufactures electric commercial vehicles, has let go hundreds...
Is Tesla reducing hiring, production in China?
If media reports are to be believed, the demand for Tesla’s electric vehicles has not kept up with expectations, in China. As a result,...
Ford to lay off 3,000 in India, Canada, US
As part of the Company’s efforts to address costs and redeploy resources, Ford is set to reduce its team size by about 3,000. The...
Ola starts laying off; 1,000 to be rendered jobless
Ola, the ride-hailing platform has shifted focus to its electric vehicles (EV) business and to the manufacture of lithium-ion (Li-ion) batteries.
The Company has started...
Ford looking to downsize, focus on EV business
With the focus shifting to electric vehicles (EV), Ford plans to reduce headcount in the engine business. The US car manufacturer wishes to invest...