Ford’s $1.2B Q3 loss in EVs brings its 2024 hit to $3.7B, with demand struggles, high costs, and charging issues still dogging the EV push. The ugly EV news from Ford Motor Company just keeps […]
Michigan factory to be idled for seven weeks from mid-November CEO Farley has warned of ‘slow uptake’ for plug-in vehicles Ford Motor Co. plans to shut down the Michigan factory that produces its F-150 Lightning plug-in […]
Weekly Daily Standup Top Stories Electric Vehicle Sales Are Stumbling. Here’s Why September 29, 2024 Stu Turley With road transportation accounting for about 15% of greenhouse gas emissions, it’s hard to see how the world will reach its […]
Prices too high, automakers too slow cutting them from the pandemic spike. Stellantis sales plunged 20%, a fiasco. By Wolf Richter for WOLF STREET. Total new vehicle sales in Q3 – retail and fleet deliveries by dealers and […]
Daily Standup Top Stories Electric Vehicle Sales Are Stumbling. Here’s Why September 29, 2024 Stu Turley With road transportation accounting for about 15% of greenhouse gas emissions, it’s hard to see how the world will reach its net […]
With road transportation accounting for about 15% of greenhouse gas emissions, it’s hard to see how the world will reach its net zero climate goals unless people give up their gasoline and diesel cars. For many years, […]
By Wolf Richter for WOLF STREET. The thing about Ford pickup trucks is that they used to be the #1 bestseller of all models in the US much of the time. Other full-size trucks were near the top […]
Though it seems like a very new technology, the American auto market is acclimating to fully electric vehicles. According to data from Kelley Blue Book and Cox Automotive, over 330,463 EVs were sold in the second […]
Ford cancels its planned electric SUV and delays its electric pickup truck launch due to pricing pressures and increased competition. The company will take $1.9 billion in charges and write-downs as a result of the […]
Carmaker cancels fully electric three-row utility vehicle Spending on EVs will drop to about 30% of capex, from 40% Ford Motor Co. is recalibrating its electrification strategy yet again, canceling plans for a fully electric sport […]
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