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Kirsten Korosec

Kirsten Korosec
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Battery materials and recycling startup Redwood Materials is expanding a partnership with Volkswagen of America in its bid to collect more end-of-life batteries from consumer electronics and strip out the valuable materials so they can be used to make batteries for electric vehicles. Redwood has said its technology can...
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More than five years ago, a newly minted Waymo took the wraps off of what would become its first commercialized autonomous vehicle: a Chrysler Pacifica Hybrid minivan loaded with sensors and software. Now, the minivan, a symbol of the early and hypey AV days, is headed for retirement as...
When Stellantis brand Jeep descended on Moab, Utah this week for its annual off-roading and concept roadshow, electrification ruled the road. The automaker showed off this week seven concepts — four of which are electrified — from the Jeep brand and Jeep Performance Parts (JPP) by Mopar ahead of...
Online used vehicle retailer Shift Technologies cut its workforce by 30% in the first quarter as the company sought to reduce costs and eliminate duplicate positions following its merger with CarLotz, CEO Jeff Clementz said during an earnings call. The layoffs came as the company saw its revenue plummet...
Lucid Group, the U.S. automaker that produces the luxury all-electric Air sedan, is cutting its workforce by 18% as part of a restructuring, the company disclosed in a regulatory filing. The layoffs, which will affect 1,300 employees, will be completed by the end of the second quarter. Lucid expects...
Kia revealed Tuesday the next EV in its portfolio, a three-row flagship SUV called the EV9 that is packed with tech and a key product in the company’s mission to reach annual sales of 1.2 million battery electric vehicles by 2030. The South Korean automaker didn’t disclose pricing, but...
Lucid Group issued a recall for hundreds of Air sedans over a flaw that could cause the vehicles to lose power and increase the risk of a crash, according to a filing with the National Highway Traffic Safety Administration. The Newark, California-based automaker first filed a recall notice with...
Ford said Friday that its $5.6 billion BlueOval City complex outside of Memphis, Tennessee will include a truck plant capable of producing 500,000 electric vehicles a year. The first vehicle to come off the line will be a next-gen electric truck, code named Project T3, in 2025. Construction at BlueOval...
Any question of what business sector is — and is not — profitable at Ford is no longer a mystery. Ford lost about $3 billion on its EV and digital services business over the past two years, a unit now known as Model e, and isn’t expected to be...