Amidst swirling rumors of job cuts as the company reels from recent losses, Ford’s CEO has made a call to improve efficiency at the company following disappointing earnings. Jim Farley said that Ford requires 25 percent more engineers than other automakers to do the same amount of work, as stated on a SiriusXM radio show […]
The California New Car Dealers Association released a new auto outlook report for the fourth quarter of 2022, noting that the quarter was a “bright spot” amidst a year otherwise plagued with supply chain issues, as detailed in a press release on Tuesday. The report noted that supply chain problems and vehicle production cutbacks remained […]
Volkswagen has announced a new recall applying to about 21,000 ID.4 units from the 2021 model year, with issues surrounding the vehicles’ battery management control modules and pulse invester control modules, as reported by Ars Technica. Reports of issues with the battery management software began surfacing in July 2021, though later investigation from the company […]
Mercedes-Benz launched a new version of the eSprinter on Tuesday, with the updated electric edition of the classic Sprinter van set to hit U.S. and Canadian markets by the second half of this year, according to a press release. Additionally, the eSprinter is expected to hit Europe around the end of 2023, and it will […]
Vietnamese electric vehicle (EV) manufacturer VinFast announced plans to cut its U.S. staff on Monday, as the company faces restructuring and a stalled shipment of its first EVs, according to Automotive News. VinFast is a subsidiary of Vingroup, and the company has been making a push to expand in the U.S. with its first batch […]
After Nissan and Renault announced plans to invest $26 billion into electric vehicles (EVs) last year, the automakers are expanding their partnership with a new global roadmap for the remainder of the decade. The Nissan-Renault-Mitsubishi Alliance is establishing new initiatives for EVs in multiple global markets, including Latin America, India and Europe, according to a […]
NIO President Qin Lihong said on Monday to reporters the current EV industry price war triggered by Tesla may not include all automakers, according to South China Morning Post. The statements confirmed that NIO won’t be cutting its prices, as Qin says it wouldn’t be advantageous for the company. “Price reductions will spread in the […]
Veteran Japanese automaker Nissan plans to debut the first electric vehicle (EV) with its proprietary solid-state battery technology by 2028 (via Autocar). “We think we have something quite special and are in a group leading the technology,” said David Moss, Nissan’s Senior VP for research and development in Europe. “We want to get the cost […]
Lexus’ 2023 RZ 450e SUV, unveiled in April 2022 as the Toyota-owned luxury car brand’s first electric vehicle (EV), is now available to pre-order. The all-electric SUV starts at $59,650 USD, with sales beginning in early 2023. Lexus built the RZ 450e on the same platform as Toyota’s bZ4X (here’s to hoping it doesn’t share […]
Electrify America has announced price hikes for its electric vehicle (EV) charging network that will take effect starting in March (via @klwtts). Here’s a summary of the price changes: Electrify America Pass+ Members: $0.36/kWh (+$0.05/kWh) Non-Members: 0.48/kWh (+$0.05/kWh) Per-minute billing: $0.15/min (+$0.03/min) up to 90 kW, $0.29/min (+$0.05/min) up to 350 kW Electrify America won’t […]
Ford reported a full year of net losses in 2022 with a particularly rough fourth quarter, citing “execution issues,” according to CNBC. Last year, Ford lost $2 billion, representing an almost-$20 billion drop from its 2021 profit. The company fell short of full-year financial forecasts by $1.1 billion, with a Q4 net income of $1.3 […]
In the latest of Toyota’s efforts to shift attention away from mass electric vehicle (EV) adoption, the automaker is defending itself against recent scrutiny claiming the company is dragging its feet on going all-in on EVs. Toyota is now claiming recently presented facts and figures that a multi-pronged approach, including hybrids and other green technologies […]
Rivian is looking to lay off around 6 percent of its workforce to help cut costs as spotted in a companywide email, and following Tesla’s recent price cuts which have effectively lodged a price war, according to Reuters. Additionally, @The Kilowatts pointed out on Tuesday that Rivian is emailing customers to delay R1S order deliveries, […]
Nissan Ariya’s Halo model supply will be tight in 2023, according to a statement from the company to its dealers on Sunday, and as detailed by Automotive News. The Nissan Ariya has been delayed a number of times since 2021, due to supply chain issues related to semiconductor chip supply. Many came to the meeting […]
Ford will cut costs and boost production of the electric Mustang Mach-E, just a few weeks after Tesla’s price cuts shook the electric vehicle (EV) sector (via CNBC). The Mustang Mach-E, considered a competitor to Tesla’s Model Y, saw prices slashed by an average of $4,500 across trims, now ranging from $600 to $5,900 off. […]
