Ford Motor Co. slashed the cost of its electric 2023 Mustang Mach-E on Tuesday to be more competitive with Tesla and get the award-winning SUV into the hands of budget-conscious buyers. Prices are being reduced $3,100 to […]
Daily Standup Top Stories Shocking development: Biden plans to roll back rule designed to juice EV push on country February 19, 2024 Mariel Alumit The Biden administration is planning to slow down the rollout of a rule that was designed […]
When the world’s most valuable lithium company last year announced plans for a $1.3 billion plant in South Carolina, local officials hailed it as transformative for the Palmetto State. The high-tech project from Charlotte, N.C.-based […]
Daily Standup Top Stories Even the World’s Biggest Electric-Vehicle Market Is Slowing February 18, 2024 Stu Turley HONG KONG—Chinese electric-vehicle makers that enjoyed years of explosive growth now face a slowdown in domestic demand, spurring them to push […]
HONG KONG—Chinese electric-vehicle makers that enjoyed years of explosive growth now face a slowdown in domestic demand, spurring them to push overseas and challenge global auto giants already struggling with a transition to battery-powered cars. A subsidies-driven […]
Daily Standup Weekly Top Stories Would you buy a Ford self-driving car that would automatically drive to a repo company if you missed a payment? January 13, 2024 Stu Turley Would you buy a Ford self-driving […]
Weak sales growth has reportedly prompted Ford to cut production of its all-electric F-150 Lightning pickup truck. The company says about 1,400 workers would be impacted by the move to the reduced production schedule, according to […]
Daily Standup Top Stories Hertz cites weak demand, high damage costs in decision to downsize EV fleet January 11, 2024 Mariel Alumit Hertz Global Holdings Inc. said Thursday it is selling about 20,000 electric vehicles from […]
Would you buy a Ford self-driving car that would automatically drive to a repo company if you missed a payment? Ford is on time for in the process of a patent application for self-driving cars […]
Automakers screwed up the market for decades with price increases and going upscale. Now they pay the price with dismal volume. By Wolf Richter for WOLF STREET. Total new vehicles delivered to retail customers and fleets (dominated by […]
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