Following an update on Monday detailing Ford’s plans to run its electric vehicle (EV) business separate from its gas car business, the automaker has unveiled its strategy to create two distinct auto arms. Ford announced plans to separate its business into two distinct, interdependent auto businesses on Wednesday, called Ford Blue and Ford Model e, […]
It appears recent rumours about Ford wanting to run its electric vehicle business separately from internal-combustion engine (ICE) businesses may be coming true. Reuters reports Ford will make the announcement of the separation of EV and ICE businesses on Wednesday, according to unnamed people familiar with the matter. Once separated, the businesses will still be under […]
Rivian today announced a slew of configuration updates for its R1T electric pickup truck and R1S electric SUV, accompanied by price hikes of up to 25% for both. Much to the chagrin of reservation holders, the price increases also apply to existing pre-orders and add-ons. Introducing our new Dual-Motor AWD configuration and our 260+ mile […]
Stellantis is expecting double-digit returns through 2030 on its move to electric vehicles (EVs), as detailed in its strategic plan Dare Forward 2030 by the company’s head in a recent presentation. Stellantis plans to target 300 billion euros ($335 billion USD) in revenue per year by the decade’s end as part of Dare Forward 2030, […]
Following news of the first Dodge and Jeep electric vehicles (EVs) being set to launch in 2022-2023, parent company Stellantis has shared first shots of an upcoming electric SUV. Jeep shared photos of its first battery-electric crossover SUV on Tuesday, which the company says is set to launch in Europe in the first half of […]
Alongside mounting competition in China’s electric vehicle (EV) market, one startup saw deliveries surge last month despite a production pause and a week-long holiday. NIO delivered 6,131 units in February, representing a 9.9 percent surge year over year, according to figures released by the company on Tuesday. The date range also includes much of the […]
General Motors (GM) has sold its stake in troubled electric vehicle (EV) startup Lordstown Motors. GM sold all of its 7.5 million shares in EV startup Lordstown Motors in Q4, as confirmed by GM spokesperson Jim Cain on Tuesday, according to Automotive News. The news comes just months after Foxconn bought the Ohio Lordstown Motors […]
Lucid Motors announced its Q4 2021 and full-year results on Monday and also shared an update on its vehicle line up and planned factories. As of February 28, 2022, Lucid says production to date has exceeded 400 cars, with 125 vehicles delivered to customers as of year-end 2021, for a total of 300 deliveries to […]
Chinese electric vehicle automaker NIO plans to seek secondary listings in Hong Kong and Singapore, according to stock exchange filings seen on Monday, as reported by Reuters. NIO has already received preliminary approval from the Hong Kong Stock Exchange, as an application for a secondary listing is still being reviewed by the Singapore Exchange. Upon […]
Rivian Automotive CEO R.J. Scaringe said on Thursday that the electric vehicle (EV) startup is “making progress” with the ramp-up of production at its Normal, Illinois, assembly plant — reports Reuters. “We’re absolutely making progress,” he said of the company’s push to boost vehicle production while speaking at the Wolfe Research Global Auto, Auto Tech, and […]
Speaking at the Wolfe Research Global Auto, Auto Tech, and Mobility Conference on Wednesday Ford CEO Jim Farley said the veteran automaker plans to “beat” electric vehicle (EV) pioneer Tesla, not “match” it in production and sales. “We know our competition is NIO and Tesla, and we have to beat them, not match them,” Farley […]
Ford may be planning a new Connected Charge station design, according to new images found within the Ford Pass iOS app. The news comes from developer Steve Moser, who noticed the new images in the Ford Pass iOS app on Thursday. Looking at the image below, we see a design that is unlike the existing […]
Lucid Group has launched a new online store for customers to buy merchandise (via @SawyerMerritt). Right now, the store has various items available, such as Lucid-branded hats, mugs, water bottles, shirts, jackets, sweaters and more. Most have Lucid branding and also some note “Air”, referring to the company’s Lucid Air sedan, which has still yet […]
After Toyota unveiled the bZ4X electric crossover SUV, set to debut this spring, the automaker is apparently offering free charging to buyers of the electric vehicle (EV). Toyota is partnering with charging network EVgo to offer a free year of charging for bZ4X buyers, according to Automotive News. EVgo has deployed over 800 DC fast-charging […]
Mercedes-Benz is hoping to join the ranks of Honda and BMW in seeking out Level 3 self-driving, with the automaker expecting to unveil the system as soon as this year. Mercedes hopes to unveil Level 3 self-driving in U.S. markets in 2022, according to the automaker’s CEO Ola Kallenius (via Automotive News). On Thursday, Kallenius […]
