Jennifer Ramsay

Lawrenceville

Editor at Large at Endeavor Business Media

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Articles

So That Happened: Happy Centennial to the Goodyear Blimp

3 days ago | industryweek.com | Jennifer Ramsay |Jill Jusko |Geert De Lombaerde |Laura Putre

In 2023, I wrote a story that featured custom fabrication company Morgan Li. Earlier that year, the company suffered a devastating blow when its 230,000 square-foot finished-goods warehouse, one of its five domestic facilities, was destroyed by a massive fire. The third-generation family business made plans to build a new facility in the same Chicago Heights neighborhood where it lost its warehouse space.
Hot or Not: Tariff Terror? Just a Little.

2 weeks ago | industryweek.com | Jennifer Ramsay

We rate each company based on stated production and delivery goals, financials, major news or deals and the potential for its business to perform better. From worst to best:• None : The company isn’t doing well and the outlook isn’t great, either. • None : The company is meeting some goals but is still lacking in key areas. • None : The company is meeting most of its goals and has a pretty decent outlook.
ChargePoint, Eaton Team Up on EV Charging Solutions

2 weeks ago | industryweek.com | Jennifer Ramsay

In what’s being called an “industry first,” EV charger manufacturer ChargePoint Holdings is collaborating with intelligent power management company Eaton to streamline the charger deployment process in North America and Europe. The two want to develop new technology that can turn chargers, electrical infrastructure and engineering services into a self-described “one-stop shop” for the EV charging ecosystem.
Blink to Lay Off 20% of Workforce

2 weeks ago | industryweek.com | Jennifer Ramsay

Blink Charging is cutting its workforce by 20%, with executives saying the move— the second of its kind in nine months—is “difficult but necessary.”As of December 2024, the Maryland-based electric-vehicle charging company had 594 employees.
Mullen Automotive settles legal dispute with GEM Group, potential ownership shift of Mishawaka plant

2 weeks ago | fleetowner.com | Jennifer Ramsay

GEM Group could decide to take over the commercial EV manufacturer’s Mishawaka plant as part of its damages. After a four-year-long legal dispute, Mullen Automotive has settled its case with Gem Group over a November 2020 contract breach. The trouble first started in September 2021 when GEM Group, a global investment firm, alleged that Mullen had breached a securities agreement from the previous year.
Prologis and NFI launch electric truck charging depot in California to support growing EV fleet

1 month ago | fleetowner.com | Jennifer Ramsay

NFI and Prologis Mobility have opened an electric truck charging depot in Ontario, California, to support NFI’s nearly 90-strong electric fleet. NFI, whose trucks handle drayage from the Ports of Los Angeles and Long Beach to the Inland Empire, has one of the largest Class 8 electric truck fleets in the nation.
How Will Tariffs Affect EV Companies?

1 month ago | industryweek.com | Jennifer Ramsay

President Donald Trump’s tariffs have impacted, or are expected to impact, several parts of the automotive sector, potentially leading to higher prices and lower availability across the board. But what about the newer, electric players? Leaders at Lucid, VinFast, and the like have recently chimed in with their company plans.
Rivian’s R2 Will Bring Cheaper Costs, European Expansion

1 month ago | industryweek.com | Jennifer Ramsay

It’s no secret that Rivian has made large strides in reducing its expenses. In Q4 2024, the company posted its first profitable quarter. For the full year, it reduced operating expenses by $220 million compared to 2023. On the vehicle-specific side, teams managed to cut their automotive sector’s cost of goods sold per unit by $31,000.
Lucid Acquires Nikola’s Arizona-Based Facilities

1 month ago | industryweek.com | Jennifer Ramsay

Lucid Group announced Friday it had won a bid to buy “select facilities and assets” previously held by hydrogen truck maker Nikola in a bankruptcy auction. The transaction doesn’t include Nikola’s business, customer base or technology related to its vehicles. Nikola first announced its bankruptcy last month shortly after offloading some of its battery assets to fellow EV manufacturer Mullen Automotive. The auction closed on April 10 as leaders sought a quick asset sale.
EV Notes: LG to Buy Out GM’s $2B Stake in EV Battery Plant

2 months ago | industryweek.com | Jennifer Ramsay

According to interim CEO Marc Winterhoff, Lucid Motors is quickly becoming more popular with one particular customer segment: Tesla owners. In an interview with Yahoo Finance, he said the company has seen a “clear” uptick of interest in its vehicles from Tesla buyers. “Tesla buyers always were the source of our sales because they were already used to using electrical drivetrains, and they look for an opportunity to have something else, something better," he said.