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Ford dials back EV spending in costly pivot

Ford will now focus its efforts on hybrids as well as a flexible EV platform from a team led by former Tesla engineers. That will underpin a midsize pickup in 2027......»»

Category: topSource:  autonewsAug 22nd, 2024

Stellantis holds off on megacasting, championed by Tesla and Volvo

The technique was pioneered by Tesla to reduce manufacturing times and costs. Volvo, Nissan, Ford, Toyota and Hyundai are among automakers either using or planning to use it.  .....»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Tesla to unveil robotaxi after years of CEO Elon Musk"s unfulfilled promises

Tesla's "Cybercab" would serve a key role in a future, company-run ride-share service. The EV maker could also show a low-cost vehicle for the masses and a self-driving van, analysts said......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

Ford moves into Michigan Central Station as it looks to harness ‘entrepreneurial spirit’

Ford Motor Co.’s first 500 workers have moved into Michigan Central Station, and the automaker plans to double that number by the end of the year......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

BYD targets 100,000 EV sales in Mexico in 2025

BYD will announce where it will build its first factory in Mexico by the end of this year......»»

Category: topSource:  autonewsRelated NewsOct 9th, 2024

GM expects lower EV losses in 2025, will drop Ultium name

GM executives did not say if EVs will be profitable in 2025. They pointed to the improving trajectory as a sign of progress in GM's EV strategy......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Local craft beer consumers lose loyalty when their favorite brands are acquired, finds study

Local craft beer consumers don't seem to like it when their favorite brands are acquired, showing displeasure through spending habits, according to a new study on brand loyalty and craft beers......»»

Category: topSource:  physorgRelated NewsOct 8th, 2024

Ford moves in to Michigan Central Station as it looks to harness ‘entrepreneurial spirit’

Ford Motor Co.’s first 500 workers moved into Michigan Central Station this week, and the automaker plans to double that number by the end of the year......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Lower-priced Chevy Silverado EV retail trim to qualify for $7,500 tax credit

The 2025 Silverado EV LT will have a range of up to 408 miles and a 12,500-pound tow rating, surpassing the Ford F-150 Lightning's top specs of 320 miles and 10,000 pounds......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

GM drops Ultium name for EV platform

General Motors said at an Oct. 8 investor day that it expects to build roughly 200,000 EVs this year as it targets profitability......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Prestone"s new EV coolants are designed to enhance safety, reduce corrosion

Prestone's new formulations have been engineered to reduce fires caused by thermal runaway, prevent corrosion and improve the efficiency of plug-in hybrid vehicles, battery electric and hydrogen fuel cell vehicles......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Column: True champions of diversity stand up to bullies

Ford, and now Toyota, joined a list of companies that retreated on human rights after coming under fire from an online activist......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Here"s why saltwater flooding can lead to EV battery fires

Florida has seen at least 16 lithium ion battery fires in the wake of Hurricane Helene, six associated with electric vehicles......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Production starts at Hyundai"s massive EV factory in Georgia

U.S.-assembled versions of the 2025 Hyundai Ioniq 5 compact crossover will arrive at dealer lots this year......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Ford to move workers in to Michigan Central Station this week

Ford spent about $940 million on the overall 30-acre campus, but has not said specifically how much was spent redeveloping the train depot......»»

Category: topSource:  autonewsRelated NewsOct 8th, 2024

Lucid Q3 sales rise 91% to record 2,781 on generous incentives for Air sedan

Lucid Q3 production increased a modest 16% as the automaker cleared out vehicle inventory. The EV startup's stock price rose about 2% higher in midday trading......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Nissan joins forces with Ford, Honda and BMW in EV charging alliance

Nissan is joining ChargeScape, the alliance created by three of its competitors: Ford Motor Co., American Honda Motor Co. and BMW......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Stellantis U.S. sales drop signals more troubles ahead; "there are a lot of things in play"

Stellantis upped its incentive spending in the third quarter, but its U.S. sales still fell 20 percent, and it warned of lower profits than expected this year......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Paris auto show preview: The battle against Chinese upstarts will be electric

European and North American brands head to the Paris show with a watchful eye on Chinese EV rivals......»»

Category: topSource:  autonewsRelated NewsOct 7th, 2024

Bankrupt EV maker Fisker faces probe by U.S. securities regulator; multiple subpoenas issued

Fisker is selling off its assets and plans to ask a U.S. bankruptcy judge to approve its liquidation plan at an Oct. 9 hearing in Wilmington, Del......»»

Category: topSource:  autonewsRelated NewsOct 5th, 2024

Daily 5 report for Oct. 4: Rough times for EV makers, but future looks good

EV maker Rivian reported disappointing Q3 sales, but electrification news should improve next week as The Battery Show highlights the latest technologies......»»

Category: topSource:  autonewsRelated NewsOct 5th, 2024