Loading...

Loading...

Ford Cancels US$6.5 Billion EV Battery Deal With LG Energy
By Teresa De Alba - Wed, 12/24/2025 - 13:05
Ford canceled a roughly US$6.5 billion EV battery supply deal with LG Energy Solution as it scales back electric vehicle plans amid softer demand

Partnership Content

Cluster Automotriz Nuevo Leon
https://mexicobusiness.news/tag/ev-strategy
More Automotive
Mexico Tightens Auto Trade Tariffs: The Week in Automotive
By Óscar Goytia - Thu, 12/18/2025 - 13:54
Mexico imposed a 50% vehicle tariff, risking US$1 billion in Indian exports, as auto parts stabilized and Ford and Rivian reset EV strategies
Ford Pushes EV Launches to 2028, Focuses on Lower-Cost Cars
By Teresa De Alba - Mon, 08/11/2025 - 17:31
Ford delays two EV launches to 2028, shifting focus to smaller, lower-cost models; full-size pickup and E-Transit van affected
Ford Reinstates 2025 Outlook, Braces for US$2 Billion Tariff Hit
By Teresa De Alba - Thu, 07/31/2025 - 17:50
Ford reinstates 2025 outlook, factoring US$2 billion net tariff hit; projects US$3 billion gross impact with US$1 billion in mitigation strategies
Nissan to Cut 10,000 Jobs Globally in Major Restructuring Plan
By MBN Staff - Mon, 05/12/2025 - 12:48
Nissan plans to cut 10,000 jobs globally, totaling a 15% workforce reduction, as part of a restructuring strategy to address declining performance