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Electric vehicle sales are strong, but EV startups are struggling

May 4, 2023
It's not easy to start a carmaker, especially with rivals like Tesla, GM, Ford and Toyota, which have market share and manufacturing experience.
A row of Rivian electric pickup trucks. The company's shares are trading at a small fraction of their peak value in late 2021.
Justin Sullivan/Getty Images

GM shifts gears in Ohio, winding down production at Lordstown plant

Mar 8, 2019
For 1,500 workers, the road ahead is an uncertain one.
As the final Chevy Cruze shift ended, some workers gathered outside the plant to protest GM’s decision to put the facility in “unallocated” status.
Adrian Ma/ideastream