Swiss tech company ABB joins Northvolt to build Europe battery plant to rival Tesla's Gigafactory

Swiss tech company ABB has joined Northvolt's project to build Europe's largest lithium ion battery plant to challenge Tesla's U.S. Gigafactory as the demand for EV batteries rises in the next few years.

GM cutting third shift in Tennessee, investing $294M for Cadillac crossover

GM will lay off a shift at its plant in Tennessee to address slowing sales and rising inventories. It also confirmed it will invest $294 million in Spring Hill for a future Cadillac crossover.

Sign up for our weekly newsletter

Sent early Monday mornings, this newsletter contains a summary of key stories from our weekly edition.