UAW Strike Update: Big Three & EV Plans

UAW Strike Update: Big Three & EV Plans

Until the strike resolves, we will keep updates coming.

• Reminder. UAW strike against the Detroit "Big Three" (Ford, GM, Stellantis) intensifies. Roughly 13,000 workers halted work, marking a historical moment with simultaneous strikes at all three automakers.
• Impact on EVs: The strike jeopardizes multibillion-dollar plans to ramp up electric vehicle production and challenge Tesla.
• White House Involvement: Biden dispatched advisers to Detroit. While not mediating, they aim to aid in constructive negotiations.
• Core Issues: Beyond higher wages, workers demand better job security, shorter work weeks, and reinstated defined pensions, especially with the industry's EV shift.
• What's at Stake? Production of high-profit models like the Ford Bronco is stalled. Prolonged strikes may affect the production of models like Ford's F-150.
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Tesla's Global Expansion Buzz

Elon Musk's Tesla is in demand! While Saudi Arabia courts Tesla for a potential EV factory, Turkey's Erdogan invites Musk for a factory setup, noting existing ties with Turkish suppliers. Tesla aims to sell 20 million vehicles by 2030, so new factories are coming, and now they need to settle on where. 🌍🚗💡
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Kenya's Electric Ride Revolution! 🚌⚡

We don't get to talk about the nations of Africa very often here, and wanted to share this cool story from Kenya.

ROAM unveiled "The Move," an all-electric shuttle bus crafted locally in Kenya. With a 200 km range on a single charge, the flashy, spacious bus is the latest in ROAM's push for greener Kenyan streets. A game-changer in African e-mobility! 🌍🍃💨