Category: Automotive

@Ford: Ford Plans Wednesday Announcement About Acceleration of Ambitious Ford+ Plan for Growth and Value Creation

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: Ford Plans Wednesday Announcement About Acceleration of Ambitious Ford+ Plan for Growth and Value Creation

Kia will let you summon an actual human to charge your EV

When your Kia electric vehicle is out of power, you can now order a technician who will arrive with a battery and charge it for you. The automaker is partnering with Currently, an on-demand mobile EV charging app, to service Kia customers in Los Angeles, San Francisco and San Jose. While there’s no shortage of… Continue reading Kia will let you summon an actual human to charge your EV

Struggling EV startup Lordstown Motors loses GM as investor

General Motors sold its stake in Lordstown Motors, an electric vehicle startup that has struggled to get its first vehicle, the electric pickup truck Endurance, to production, reports the Detroit Free Press. GM’s 7.5 million shares of common stock, which was less than 5% of the company, had an initial equity value of $75 million.… Continue reading Struggling EV startup Lordstown Motors loses GM as investor

GM sells its stake in Lordstown Motors as cash-strapped startup loses money

General Motors has sold its stake in Lordstown Motors, whose assembly plant in Ohio remains available for purchase.  Lordstown Motors bought the massive plant in northeast Ohio from GM after the Detroit automaker in 2019 permanently closed the facility, where it built the Cruze subcompact car. But Lordstown, the cash-strapped startup, has struggled to raise capital to operate, which is why… Continue reading GM sells its stake in Lordstown Motors as cash-strapped startup loses money

@Ford: Ford Issues Statement on Suspension of Russian Joint Venture and Assistance for Ukrainian Refugees

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: Ford Issues Statement on Suspension of Russian Joint Venture and Assistance for Ukrainian Refugees

@Daimler: Mercedes-Benz Mobility changes its organisational structure and realigns its Board of Management

Mercedes-Benz Mobility, which is now focusing on the car and van business, is changing its organisational structure and its Board of Management Peter Zieringer, the member of the Board of Management of Mercedes-Benz Mobility AG who was previously responsible for the Europe region, will occupy the newly created Board of Management position of Chief Customer… Continue reading @Daimler: Mercedes-Benz Mobility changes its organisational structure and realigns its Board of Management