Tesla announced yesterday Ford was the first company to access Tesla Superchargers, with more to come. After the announcement by Ford, which is giving out free adapters for owners of its Mustang Mach-E and F-150 Lightning, Rivian explained its timeline for joining the Tesla Supercharger network. “Supercharger access is coming to Rivian – that’s 15,000 […]
Ford CEO Jim Farley announced today that Mustang Mach-E and F-150 Lightning owners in the US and Canada can now access Tesla Superchargers (V3 and V4). Starting today, eligible owners and lessees can reserve a complimentary Fast Charging Adapter through Ford’s dedicated website, enabling them to use over 15,300 upgraded Tesla Superchargers across North America. […]
Apple has officially abandoned its decade-long initiative to develop an electric car, a project that stood as one of its most ambitious undertakings, sources close to the matter revealed to Bloomberg’s Mark Gurman. The announcement, made internally on Tuesday, took by surprise the nearly 2,000 employees dedicated to the project. The disclosure was communicated by […]
BYD Auto, which makes hybrid and battery electric vehicles, recently introduced a new supercar, the Yangwang U9 (what a name), priced over $230,000 USD. The car is aimed at competing with luxury brands like Ferrari and Lamborghini. This announcement underscores BYD’s market dominance and broad spectrum of offerings, ranging from the affordable Dolphin model, priced […]
Lucid Group, which set ambitious targets at its public debut, reported vehicle deliveries and revenues significantly below its initial forecasts for 2023. The company had informed investors of a goal to sell 49,000 cars in the year; however, it only sold 6,001 vehicles, marking a substantial 90% shortfall from the anticipated figure. Similarly, Lucid had […]
Rivian disclosed a reduction of its workforce by 10% and projected an annual electric vehicle (EV) production number that fell significantly short of expectations. The lowered forecast is attributed to necessary factory upgrades and a deceleration in EV demand influenced by rising interest rates. Post-market trading saw Rivian shares decline by approximately 17% following the […]
Ford announced significant price reductions for its 2023 Mustang Mach-E electric SUV on Tuesday, aiming to enhance its competitiveness against Tesla and attract budget-conscious consumers. The price cuts range from $3,100 to $8,100 USD across different models, effective immediately, as per the pricing chart shared with Ford’s dealer network. To further entice buyers, Ford Credit […]
In a bold statement to Wall Street, Ford CEO Jim Farley emphasized the potential of Ford’s “Pro” fleet business as the future of the automotive industry, urging investors to shift their focus away from Tesla and its Full Self-Driving (FSD) technology. Speaking at a Wolfe Research conference, Farley highlighted the significant growth of Ford Pro, […]
Stellantis has announced its plans to integrate the SAE J3400 charging connector into its battery-electric vehicles (BEVs) in North America, beginning with select models in 2025, meaning it is joining the Tesla North American Charging Standard. As the automotive industry continues to develop Tesla’s J3400/1 requirements this year, Stellantis has committed to providing adapters for […]
Hertz, the car rental giant, has temporarily suspended its plans to acquire tens of thousands of electric vehicles (EVs) from Polestar this year, following a significant drop in the resale value of EVs. The decision marks a shift in Hertz’s electric ambitions, which previously included an agreement in 2022 to purchase 65,000 Polestar cars over […]
Volvo Cars announced on Thursday its decision to discontinue funding for Polestar Automotive Holding, transferring the management of the luxury car brand to its largest shareholder, Geely Holding of China, reports Reuters. This strategic move resulted in a significant surge in Volvo’s stock, which climbed over 30% at the opening of the market. Critics have […]
Polestar has officially announced the launch of the Polestar 4 in Europe and Australia. With production kicking off and the first deliveries in China concluding at the end of 2023, the online sales for the Polestar 4 have started, featuring an indicative starting price of EUR 63,200 in Europe and AUD 81,500 in Australia. The […]
Ford’s CEO, Jim Farley, announced today on X that owners of the Mustang Mach-E and F-150 Lightning in the United States and Canada will soon be able to reserve a complimentary Fast Charging Adapter. This move comes as part of Ford’s initiative to grant its electric vehicle (EV) customers access to Tesla Superchargers, enhancing the […]
Volvo has announced a delay in the delivery of its EX30 full-electric small SUV, citing software troubles. This setback marks the second software-related issue for Volvo EVs following the EX90. According to a customer correspondence obtained by Automotive News Europe, Volvo acknowledged the delay, stating, “We confirm that Volvo is working tirelessly to resolve the […]
Rivian has made a significant recruitment coup by hiring DJ Novotney, a distinguished Apple veteran. Novotney, who played a pivotal role in developing Apple’s home devices and the initial efforts for an electric vehicle, will join Rivian as the Senior Vice President of Vehicle Programs. This move highlights another major departure from Apple, who recently […]
