Last year, the number of heavy electric trucks on the roads in Europe and the United States grew faster than ever before. Volvo Trucks states that it has now sold more than 4,300 electric trucks globally in more than 38 countries. In Europe, Volvo Trucks is the market leader with a 32% share of the… Continue reading Volvo claims leadership in global market for heavy electric trucks
Category: US Motoring Press
Volvo claims leadership in global market for heavy electric trucks
Last year, the number of heavy electric trucks on the roads in Europe and the United States grew faster than ever before. Volvo Trucks states that it has now sold more than 4,300 electric trucks globally in more than 38 countries. In Europe, Volvo Trucks is the market leader with a 32% share of the… Continue reading Volvo claims leadership in global market for heavy electric trucks
Ford supply chain exec departs, F-150 Lightning plant still closed
Annie Liu, a former head of supply chain, battery and energy at Tesla who joined Ford Motor Co. last year, left her role with the Dearborn automaker this week, the Detroit Free Press confirmed Friday. Liu was executive director of purchasing for the Ford Model e line of all-electric products and technology. “I spoke with Annie last… Continue reading Ford supply chain exec departs, F-150 Lightning plant still closed
Cars leased in 2020 are worth an average $4,000 more than expected. These models have fared the best
Newsday Llc | Newsday | Getty Images 3.3 million cars were leased in 2020 An estimated 3.3 million leases were originated in 2020, according to Edmunds. That’s 18% lower than in 2019, before the pandemic upended auto sales. And with few discounts being offered by manufacturers on new cars — whether you buy or lease… Continue reading Cars leased in 2020 are worth an average $4,000 more than expected. These models have fared the best
Luxury EV maker Lucid appears to have a demand problem
People test drive Dream Edition P and Dream Edition R electric vehicles at the Lucid Motors plant in Casa Grande, Arizona, September 28, 2021. Caitlin O’Hara | Reuters Luxury electric vehicle maker Lucid appears to have a demand problem. The company said during its fourth-quarter earnings report Wednesday that it had “over 28,000” reservations for… Continue reading Luxury EV maker Lucid appears to have a demand problem
Ford suspends electric F-150 Lightning production for another week following battery fire
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 suspends electric F-150 Lightning production for another week following battery fire
SEC rebuffs Elon Musk’s attempt to get out of ‘funding secured’ settlement
Elon Musk, chief executive officer of Tesla Inc., departs court in San Francisco, California, US, on Tuesday, Jan. 24, 2023. Marlena Sloss | Bloomberg | Getty Images The SEC argued in a letter to the U.S. Court of Appeals for the Second Circuit in New York this week that Tesla CEO Elon Musk still needs… Continue reading SEC rebuffs Elon Musk’s attempt to get out of ‘funding secured’ settlement
EV supply-chain Annie Liu exec leaves Ford
An executive responsible for sourcing parts for Ford Motor Co.’s all-electric vehicles left the Dearborn automaker this week. Annie Liu was the executive director of purchasing for the Ford Model e line of electric products and technology. She was not a corporate officer, but Lisa Drake, Ford vice president of EV industrialization, highlighted the former Tesla Inc.… Continue reading EV supply-chain Annie Liu exec leaves Ford
Audi eyes U.S. factory to nab ‘attractive’ subsidies, CEO says
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Analysis: GM battery partner tied to China gets cold shoulder in Washington
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 Analysis: GM battery partner tied to China gets cold shoulder in Washington