Ford CEO Jim Farley announces at a press conference that Ford Motor Company will be partnering with the worlds largest battery company, a China-based company called Contemporary Amperex Technology, to create an electric-vehicle battery plant in Marshall, Michigan, on February 13, 2023 in Romulus, Michigan. Bill Pugliano | Getty Images News | Getty Images DETROIT… Continue reading Ford recalling 18 electric F-150 Lightning pickup trucks after battery fire
Category: US Motoring Press
31% of new cars sold for above sticker price last month. These 10 models have the biggest premiums
If you’re in the market for a new car, be prepared for the possibility of paying more than sticker price. The average new-car price in February was $45,296, compared with the average manufacturer’s suggested retail price, or MSRP, of $41,637, according to new research from iSeeCars.com. An estimated 31% of new vehicles were sold above… Continue reading 31% of new cars sold for above sticker price last month. These 10 models have the biggest premiums
Biden, EU leader hold talks on proposal on electric vehicles
Washington – President Joe Biden and European Commission President Ursula von der Leyen met Friday to try to complete a plan that the White House hopes will turn the page on a spat between the U.S. and European Union over electric vehicle tax credits. Biden and von der Leyen were expected to agree to open… Continue reading Biden, EU leader hold talks on proposal on electric vehicles
VinFast EV production in U.S. now not expected to start until 2025
VinFast’s bold ambitions to sell electric cars to consumers in the U.S. have suffered another setback with production at its as-yet-unbuilt facility in North Carolina now not expected to start until 2025. The Vietnamese company had most recently said it planned to start trial production at the plant by 2024. Earlier this week a company… Continue reading VinFast EV production in U.S. now not expected to start until 2025
Ford to lay off 1,100 at Spanish plant in cost-cut campaign
Madrid — Ford Motor Co. said Friday that it will cut around 1,100 jobs at its plant in the eastern Spanish city of Valencia. The cuts are in addition to the 2,300 layoffs largely in Germany and the U.K. that the automaker announced last month as part of a “leaner, more competitive cost structure in Europe.” Ford… Continue reading Ford to lay off 1,100 at Spanish plant in cost-cut campaign
U.S. electric cars set record with almost 300-mile average range
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Why GM is suddenly accelerating attrition with buyout plan
This content is only available to subscribers. Get unlimited digital access. $1 for 3 Months. Subscribe Now Your subscription supports: Unlimited access to subscriber only articles on desktop, tablet and mobile web. The eNewspaper, a digital replica of the print paper, every day. Trusted, up-to-date local Detroit and Michigan breaking news. Newsletters on topics that… Continue reading Why GM is suddenly accelerating attrition with buyout plan
‘By 2026 expect more than 50% EVs sold globally to be Chinese branded automobiles’: Gartner
‘By 2026 expect more than 50% EVs sold globally to be Chinese branded automobiles’: Gartner According to Stamford, Connecticut-based consultancy firm Gartner, over 50% of the electric vehicles (EVs) sold globally will be Chinese-branded automobiles, given their access to minerals and battery manufacturing capacity. Besides its manufacturing capabilities, China has been able to build onto… Continue reading ‘By 2026 expect more than 50% EVs sold globally to be Chinese branded automobiles’: Gartner
‘By 2026 expect more than 50% EVs sold globally to be Chinese branded automobiles’: Gartner
‘By 2026 expect more than 50% EVs sold globally to be Chinese branded automobiles’: Gartner According to Stamford, Connecticut-based consultancy firm Gartner, over 50% of the electric vehicles (EVs) sold globally will be Chinese-branded automobiles, given their access to minerals and battery manufacturing capacity. Besides its manufacturing capabilities, China has been able to build onto… Continue reading ‘By 2026 expect more than 50% EVs sold globally to be Chinese branded automobiles’: Gartner
‘By 2026 expect more than 50% EVs sold globally to be Chinese branded automobiles’: Gartner
‘By 2026 expect more than 50% EVs sold globally to be Chinese branded automobiles’: Gartner According to Stamford, Connecticut-based consultancy firm Gartner, over 50% of the electric vehicles (EVs) sold globally will be Chinese-branded automobiles, given their access to minerals and battery manufacturing capacity. Besides its manufacturing capabilities, China has been able to build onto… Continue reading ‘By 2026 expect more than 50% EVs sold globally to be Chinese branded automobiles’: Gartner