Kentucky

Toyota

Toyota Invests $912 Million In U.S. Hybrid Production As Competitors Abandon EVs Post-Tax Credit

Toyota announced a $912 million investment across five U.S. manufacturing plants to expand hybrid vehicle production capacity, creating 252 new jobs and marking the first U.S. production of hybrid-electric Corollas. The investment, revealed Tuesday, comes just six weeks after the federal EV tax credit expiration sent competitors’ pure-electric strategies into freefall. The timing couldn’t be…

Haye KestelooNov 18

Ford

America’s $28 Billion Battery Belt Collapses Into Ghost Towns As EV Demand Craters Post-Subsidy

The Detroit News reports that two years after promising an electric vehicle manufacturing revolution, America’s Battery Belt has collapsed into a landscape of stalled construction sites, mass layoffs, and desperate pivots to non-EV products. Despite $28 billion in taxpayer subsidies, the grand vision of Midwest EV dominance is crumbling just six weeks after federal tax…

Haye KestelooNov 13

Toyota

Toyota Opens $14B North Carolina Battery Plant, Commits $10B More As Trump Policy Shift Vindicates Hybrid Strategy

Toyota began production Wednesday at its $13.9 billion North Carolina battery plant and announced an additional $10 billion investment over five years—a massive bet on hybrid vehicles timed perfectly with the Trump administration’s rollback of EV mandates. The facility in Liberty, North Carolina, marks the world’s largest automaker’s first battery plant outside Japan and validates…

Haye KestelooNov 13

Ford

Ford F-150 Lightning Faces Cancellation As Post-Tax Credit Reality Hits Home

Ford Motor Company executives are actively discussing whether to permanently discontinue the F-150 Lightning electric pickup truck, according to a Wall Street Journal report published November 6, 2025. The deliberations mark a dramatic reversal for a vehicle Ford once compared to Henry Ford’s Model T and position the Lightning as potentially the first major casualty…

Haye KestelooNov 7

Tesla

Gotion Abandons $2.4 Billion Michigan Battery Plant After Three Years Of Political Warfare

A Chinese battery giant’s plans to build a massive Michigan manufacturing plant have officially collapsed, with the state now demanding millions back after years of grassroots opposition, Chinese ownership controversies, and Trump administration policy shifts killed what was once touted as Northern Michigan’s largest economic project ever. Gotion Inc. abandoned its $2.4 billion electric vehicle…

Haye KestelooOct 25

Ford

Ford Takes $2 Billion Hit From Supplier Fire as EV Losses Mount to $1.4 Billion

Ford Motor Company expects a profit hit of up to $2 billion after a devastating fire at its key aluminum supplier, overshadowing third-quarter financial results that exceeded Wall Street expectations. The automaker slashed its full-year earnings guidance by up to 41% while its electric vehicle division continues bleeding over $1 billion per quarter. For EV…

Haye KestelooOct 23

Ford

Ford EV Batteries Face Oversupply as Demand Slows in U.S. Market

Ford Motor Co. and its South Korean partner SK On are seeking new buyers for surplus batteries produced at their new joint-venture factory in Kentucky, a move that reflects weakening electric vehicle (EV) demand in the United States. The plant, which officially began operations this week, was initially meant to supply Ford’s own EV lineup,…

Haye KestelooAug 19

BMW

BMW’s Chinese Battery Gamble: Tariffs Threaten U.S. EV Dreams in Shocking Shift

Buckle up, EV enthusiasts: BMW might ship in Chinese batteries for its U.S.-built Neue Klasse models, all because a key supplier hit the brakes on a massive American factory. Drama in the supply chain? BMW is weighing the option to import batteries from China for its upcoming electric vehicles assembled in the United States, following…

Haye KestelooAug 12

The EV industry moves fast. Stay ahead of it.