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
Category: Automotive
@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
As Lincoln marks 100 years at Ford, challenges, opportunities loom in brand’s 2nd century
An “epoch in Detroit’s industrial history,” as The New York Times put it at the time, was written 100 years ago on Friday when Ford Motor Co. bought Lincoln Motor Co. for $8 million. The sale, the Times reported in a February 1922 article, came together after automotive entrepreneur and engineer Henry Leland, who founded the… Continue reading As Lincoln marks 100 years at Ford, challenges, opportunities loom in brand’s 2nd century
Ford takes downtime at Chicago, Metro Detroit plants amid chip crunch
Ford Motor Co. will take downtime starting Thursday at two of its U.S. plants due to the ongoing semiconductor shortage that has hampered auto production worldwide over the last year, the Dearborn automaker confirmed to The Detroit News. Ford’s Chicago Assembly Plant — which employs about 5,800 people and builds the Ford Explorer, Police Interceptor Utility and… Continue reading Ford takes downtime at Chicago, Metro Detroit plants amid chip crunch
Mexico GM workers back independent union in historic vote
Closely watched contest may prompt wider shake-up in labour relations in manufacturing industry Go to Source
Nissan LEAF earns $4,200 in Fermata Energy V2X pilot
Vehicle-to-everything (V2X) fans tout bidirectional charging as a way for fleets (or perhaps even individuals) to generate income and defray the cost of going electric. Now Fermata Energy has announced the results of a summer-long pilot project in which a customer-owned EV earned over $4,200 by participating in a utility demand response (DR) program. In… Continue reading Nissan LEAF earns $4,200 in Fermata Energy V2X pilot