President Biden has backed substantial subsidies for electric vehicles, including vehicles made by unionized employees, but those measures have languished in the Senate and their prospects are uncertain. In the meantime, much of the job growth tied to electric vehicles has occurred at nonunion facilities owned by newer automakers like Tesla, Rivian and Lucid, or… Continue reading Ford Plans 6,000 New Union Jobs in Three Midwestern States
Tag: Electric vehicles
Ford wants to sell EVs online only and at a set price
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
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
Chevy Bolt EV price cut, wireless charging demand, E15 and gas prices: Today’s Car News
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Survey finds EV shoppers want wireless charging as an option
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Shanghai’s auto sector kicks back into gear
Workers are busy at the production line at SAIC Motor’s Lingang plant in Shanghai, on April 23, 2022. [Photo/VCG] Several vehicle manufacturers in Shanghai are expected to restore normal production at the beginning of this month as the city has seen a significant drop in COVID-19 cases and gradually eases prevention measures, China Securities Journal… Continue reading Shanghai’s auto sector kicks back into gear
China relaxes restrictions, cuts taxes to boost auto sales
Visitors inspect electric vehicles on display at the 2022 Haikou International New Energy Vehicles & Connected Mobility Show, held in January in Hainan province. [Photo by Zhang Junqi/For China Daily] BEIJING – China will halve the purchase tax for eligible passenger vehicles and ease restrictions to spur auto sales and underpin consumption, authorities said. The… Continue reading China relaxes restrictions, cuts taxes to boost auto sales
Musk: China ‘leading world’ in renewable energy
Tesla’s Shanghai gigafactory is located in the city’s Lingang Industrial Area. [Photo/China Daily] Few seem to realize China is leading the world in renewable energy generation and electric vehicles, Elon Musk, Tesla’s CEO said via Twitter on Monday, adding, “Whatever you may think of China, this is simply a fact,” reported Guancha.cn. In the next… Continue reading Musk: China ‘leading world’ in renewable energy
@VW Group: Volkswagen starts mobility services on Astypalea, marking next step in Greek island’s electrification005142
The mobility of the future is already becoming a reality on the Greek island of Astypalea. The ridesharing service “ASTYBUS” and the vehicle sharing service “astyGO” were put into operation today in the presence of Prime Minister Kyriakos Mitsotakis and Volkswagen CEO Herbert Diess. Both mobility services are operating exclusively with fully electric vehicles and… Continue reading @VW Group: Volkswagen starts mobility services on Astypalea, marking next step in Greek island’s electrification005142