Ford has made cost-cutting a key piece of its EV strategy as the company works to improve profit margins while meeting what CEO Jim Farley has called “incredible demand” of its new electric vehicle models. During the company’s fourth-quarter and full-year earnings call on Thursday, Farley said Ford has set up a task force dedicated to… Continue reading In Ford’s transition to EVs, cost-cutting takes center stage
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An electric future: Will Budget 2022 signal the dawn of battery swapping or stifle innovation?
By Ashwin ShankarIt is now clear that the future of mobility in India over the next decade is going to be defined by the electrification of personal, public and commercial transport. The sales of EVs over the last year seem to indicate this as there is over 5x growth in the annual sales of electric… Continue reading An electric future: Will Budget 2022 signal the dawn of battery swapping or stifle innovation?
Lightning eMotors enters into agreement with GM to electrify Class 3 to 6 commercial vehicle platforms
Lightning eMotors, a specialist in purpose-built commercial EVs and electric conversions, has announced a new agreement with General Motors (GM). Under the terms of the new agreement, Lightning eMotors becomes the first GM Specialty Vehicle Manufacturer (SVM) to develop 100% electric Class 3 through 6 commercial vehicles. Lightning eMotors ($ZEV) is a Colorado-based auto manufacturer specializing in… Continue reading Lightning eMotors enters into agreement with GM to electrify Class 3 to 6 commercial vehicle platforms
Ford starts 2022 with its highest EV sales numbers to date
If the bonkers preorder numbers for both the hybrid Maverick and the EV F-150 Lightning weren’t enough of an indication, Ford’s Q4 earnings results are plenty proof that the company’s electrification efforts are already paying dividends. “Financial performance is obviously critical,” President and CEO Jim Farley said in a release Thursday. “We’re also proud that… Continue reading Ford starts 2022 with its highest EV sales numbers to date
World NM: Industry readies to fight the Commission’s Data Act proposal001719
Major industry players, from tech companies to carmakers, are preparing to push back against the European Commission’s proposal for the new data law. Its content included data sharing obligations, further safeguards to data transfers and regulation of access by public bodies. Private companies might have to open up their data at the request of public… Continue reading World NM: Industry readies to fight the Commission’s Data Act proposal001719
@Ford: Strategic Progress of Ford+ Growth Plan, Solid Financials in ’21 Position Company for Connected EV Leadership in 2022, Beyond
About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Strategic Progress of Ford+ Growth Plan, Solid Financials in ’21 Position Company for Connected EV Leadership in 2022, Beyond
GM Ventures invests in startup building fast charge-capable battery tech
Soelect, a battery technology startup based in North Carolina, has closed an $11 million Series A round. It plans to use the fresh capital to scale its fast charge-capable anode technologies that might enable the next generation of batteries for electric vehicles. Alongside lead investor Lotte Chemical and investment company KTB Network, General Motors’ corporate… Continue reading GM Ventures invests in startup building fast charge-capable battery tech
Tesla updates Supercharger map with many new upcoming stations and timelines
Tesla has released an updated version of its Supercharger map with many new upcoming stations added and updated timelines for expected completion. The automaker aims to triple the size of its Supercharger network. Every year, Tesla releases an updated version of its Supercharger map on its ‘find us‘ page. With those updates, the automaker adds… Continue reading Tesla updates Supercharger map with many new upcoming stations and timelines
Tesla has to ‘recall’ 817,143 vehicles due to seat belt reminder problem, fix is an over-the-air software update
Tesla has to ‘recall’ 817,000 vehicles, but fortunately for the company, the problem is another one that can simply be fixed with an over-the-air software update. The problem is the seat belt reminder alert can fail to activate under some conditions. NHTSA issued an official safety recall notice over the issue and it apparently affects… Continue reading Tesla has to ‘recall’ 817,143 vehicles due to seat belt reminder problem, fix is an over-the-air software update
GM to end Spark production after summer 2022
General Motors Co. is discontinuing the Chevrolet Spark, its entry-level model and one of the few cars it has left in the lineup. Production of the South Korean-built hatchback will end after August 2022, Chevrolet confirmed Thursday. Car and Driver reported the news Wednesday. “Customers seeking comfort, function and style at an approachable price still have strong… Continue reading GM to end Spark production after summer 2022