Author: Todd Phillips

Daimler to cut more costs due to Q2 loss

July 8, 2020

Expect more cost-cutting from Daimler due to an unexpected second-quarter operating loss, according to the OEM’s chief executive. “Our previous efficiency goals covered the upcoming transformation, but not a global recession,” said CEO Ola Kaellenius. “That’s why we are further …

Can California take the lead on EVs?

July 7, 2020

California can still lead the U.S. and the world on electric vehicles despite the Trump administration’s attempts to fight these efforts. California has established air and climate partnerships with officials from China and the European Union, and its agencies run …