General Motors is offering a "majority" of its salaried US workers a voluntary separation buyout as part of its push to "remain nimble."
Workers with the company for five or more years, or executives for two or more, must sign up by March 24th to be paid one month of their salary for each year they have been with the company for up to 12 months.
This is part of GM's plan to cut $2B in costs over the next few years.
Chinese battery maker CATL says Q4 profit growth was slower than expected.
Profits for the world's largest battery maker increased year over year by 60.6% from October to December, while growth in Q3 and Q2 were more than double at 130% and 164%, respectively.
Tesla's Shanghai production cuts, efforts to slow the spread of Covid, and the sudden end of prevention policies that lead to a massive spike in infections across the country all contribute to lower EV demand, lowering the desire for CATL batteries.
Airstream and Porsche have unveiled a camping trailer for EVs that fits in your garage.
With rent prices increasing and sustainability on many people's minds, it makes sense that the "silver bullet" is due for a make-over.
Of course, since Covid, camping has become a more popular way to get outdoors while enjoying some space between you and the next family (because we all know they got the plague, y'all). Many other RV companies are working to meet the electric demand of people looking for their own adventure.