Category: News Type

Ford Raises Prices of F-150 Lightning Electric Truck

Ford Motor on Tuesday became the latest automaker to raise the price of electric vehicles when it significantly increased prices of its popular F-150 Lightning because of rising materials costs. The company began making the Lightning in April and had sold more than 4,400 through the end of July. Ford has taken reservations for more… Continue reading Ford Raises Prices of F-150 Lightning Electric Truck

Ford raises F-150 Lightning prices across the board

Ford is raising the price of the F-150 Lightning, with increases ranging from $6,000 to $8,500, depending on the model and trim level. The entry-level “Pro” badged F-150 Lightning will now retail for $46,974, while the top-tier “Platinum Extended Range” version comes in at nearly $100,000. Ford cites rising costs for materials, as well as… Continue reading Ford raises F-150 Lightning prices across the board

BMW hedges its EV bet, appears poised to repeat mistakes of the past

For a while, it seemed like BMW had turned a corner with its EV strategy. Its i4 and iX have received stellar reviews, and this spring the company announced an all-electric platform, the Neue Klasse, which it said will underpin EV versions of the 3-series sedan and the X3 crossover starting in 2025. The company… Continue reading BMW hedges its EV bet, appears poised to repeat mistakes of the past

Tesla Model 3 and Y become best-selling vehicles in California, pushing EVs to new record

Tesla Model 3 and Model Y have become the second-best and best-selling vehicles in California, helping electric vehicle sales reach a new record in the state. California has long been a leader in the US when it comes to EV adoption. There are many reasons for that: state incentive, a general interest in new technology… Continue reading Tesla Model 3 and Y become best-selling vehicles in California, pushing EVs to new record

Tesla (TSLA) sales and export in China are down, but factory upgrade is to blame

Tesla’s (TSLA) sales in China are down more than 60% month-to-month in July, but Gigafactory Shanghai’s planned upgrade is to blame. After a tough Q2 in China due to the restrictions in the city of Shanghai forcing Tesla to shut down its factory, the automaker started to ramp production back up again with 78,906 vehicles… Continue reading Tesla (TSLA) sales and export in China are down, but factory upgrade is to blame