Ford said that it wants to restructure its dealership model to sell its EVs online only and at a non-negotiable price to match Tesla’s profit margins. “I feel like when that second quarter last year profit came out for Tesla and they showed like a $15,000 premium, it totally changed my world,” CEO Jim Farley… Continue reading Ford wants to sell EVs online only and at a set price
Category: Automotive
FORCE INDY RACE TEAM ANNOUNCES LEAR CORPORATION AS THEIR 2022 DETROIT GRAND PRIX SPONSOR
The Force Indy Race team has a strong commitment to developing diverse talent. Tweet this “Force Indy entered the 2022 Indy Lights Championship with the expectation of being consistent and competitive,” says Team Principal Rod Reid. “The Force Indy Race team has a strong commitment to developing diverse talent. We are excited to be sponsored… Continue reading FORCE INDY RACE TEAM ANNOUNCES LEAR CORPORATION AS THEIR 2022 DETROIT GRAND PRIX SPONSOR
ASCENT AEROSYSTEMS SPIRIT PLATFORM JOINS DIU BLUE UAS APPROVED LIST
“We’ve been shipping Spirits since 2020, and our customers worldwide have come to appreciate the rugged versatility it delivers,” said Paul Fermo, VP of Business Development. “We’re pleased that government and municipal customers will now be able to get the systems they need with a few mouse clicks.” The DIU Blue UAS program was established… Continue reading ASCENT AEROSYSTEMS SPIRIT PLATFORM JOINS DIU BLUE UAS APPROVED LIST
Toyota unveils home battery pack to compete with Tesla Powerwall
Toyota has unveiled a new home battery pack to provide residential backup – a product that is going to compete with Tesla Powerwall. After Tesla launched “Tesla Energy” with the Powerwall and Powerpack in 2015, several other automakers also got into the home energy market with battery packs. Mercedes-Benz launched its home battery pack and… Continue reading Toyota unveils home battery pack to compete with Tesla Powerwall
Ford’s U.S. sales decline narrowed in May as demand remained high for its electric vehicles and pickups
Ford said its sales decline was narrower than the overall industry’s, helped by demand for the company’s latest products as the chip shortage lingered. Go to Source
Ford to add over 6,000 U.S. jobs as it boosts electric vehicle production and prepares for a new Mustang
Ford will add 6,200 union jobs and promote another 3,000 temps to full-time status as it prepares to build more EVs and all-new versions of Mustang and Ranger. Go to Source
Self-driving car companies’ first step to making money isn’t robotaxis
While governments may be wary of driverless cars, people want to buy the technology and companies want to cash in. Go to Source
Chevy Bolt EV price cut, wireless charging demand, E15 and gas prices: Today’s Car News
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Food vs. fuel: Biden reportedly chooses ethanol interests, amid claim they can cut gas prices
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Survey finds EV shoppers want wireless charging as an option
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