Verizon is preparing to cut about 15,000 jobs in the United States, according to a person with direct knowledge of the plan. The reduction is one of the first major steps taken by new CEO Dan Schulman, who took charge in October and is reviewing how the company is organized. The cuts are expected to … Continue reading “Verizon Plans 15,000 Job Cuts Under New CEO Dan Schulman – iShook Finance”
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Electric vehicle batteries have gotten remarkably better and cheaper over the last decade as cleaner cars have exploded in popularity. Rivian CEO RJ Scaringe thinks there’s still room for improvement. During an interview on this week’s Plugged-In Podcast, Scaringe told InsideEVs that his startup’s main focus right now on the battery front is making EVs … Continue reading “Where Rivian’s CEO Sees EV Batteries Going Next”
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Rawlinson becomes advisor as Lucid delivers Gravity, pivots to more affordable EVs CTO of Lucid and parent Atieva since 2013, led efficiency-and-performance push Oversaw Lucid Air and Gravity, Tesla Model S Peter Rawlinson is no longer the top executive at California’s Lucid Motors. In a press release, Lucid said that Rawlinson “has stepped aside from … Continue reading “Lucid CEO Peter Rawlinson has stepped aside after Gravity launch”
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The judge ruling over Elon Musk’s ~$55 billion CEO pay package, which some Tesla shareholders claimed was obtained without following proper governance rules, has decided to reject Tesla’s attempt to reinstate it with a shareholder vote. Delaware Supreme Court could be next. In 2018, Tesla shareholders voted for Elon Musk to get a historic new … Continue reading “Judge shuts down Tesla’s attempt to reinstate Elon Musk’s giant CEO pay package”
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GM still plans to only sell EVs for its light-duty passenger vehicles by 2035 The automaker’s backed off its current EV sales targets GM expects to be the first U.S. automaker outside of Tesla to turn a profit on EVs General Motors still aims to eliminate tailpipes from its light-duty passenger vehicles by 2035, CEO … Continue reading “GM CEO says company still committed to ditching tailpipes by 2035”
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GM and Rivian’s CEO have something in common: Neither thought EVs would become a political lightning rod. On Thursday while speaking at the New York Times’ Climate Forward event Rivian founder and CEO RJ Scaringe said “I think it’s really important that we don’t make EVs a political thing, and I’m saddened that they are.” … Continue reading “Rivian CEO saddened EVs became political”
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GM CEO is “surprised” EVs are political Barra said GM is on track to be EV-only by 2035 if customers are ready GM’s Corvette boss didn’t commit to an electric Corvette, but one’s already been confirmed GM’s top executive is surprised that EVs became a political lightning rod. “It did surprise me; I never thought … Continue reading “GM CEO surprised EVs became political”
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Horace Luke, the founder and CEO of the world’s leading electric vehicle battery-swapping company Gogoro, just announced his resignation. The move comes during a period of growing financial losses for the company and follows accusations of potential subsidy fraud in its domestic market of Taiwan. The Taipei Times described the announcement as a bombshell. Luke … Continue reading “Gogoro CEO resigns amid accusations of subsidy fraud”
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Honda’s CEO doesn’t believe consumers can be incentivized to change to EVs Honda’s spending $700M to retool plants and $3.5B to built a battery plant for mass EV production The exec believes the future is electric, but it’ll take time Electric cars and hybrids are currently having an inverted moment. Speaking with The Drive at … Continue reading “Honda CEO on EVs: "Can't force people to change their minds"”
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Ford’s CEO acknowledged small EVs are key to mass adoption and profitability Ford currently doesn’t make a small EV in the U.S. Ford was a proponent of pickup trucks and SUVs, killed its cars and small SUVs Ford is shifting away from large EVs like the F-150 Lightning pickup truck to emphasize smaller models in … Continue reading “Ford CEO: Bigger isn't always better for EVs”