(Reuters) – Ford Motor Co (F.N) will increase significantly its planned investments in electric vehicles to $11 billion by 2022, Chairman Bill Ford told reporters on Sunday at the Detroit auto show. This is up from a previously announced target of $4.5 billion by 2020. The investments will be made in full electric and plug-in… Continue reading UPDATE 1-Ford ups electric vehicle plans to $11 billion by 2022 – executive
Tag: Electric vehicles
Ford teases an all-electric performance car called the ‘Mach 1’
Ford just rolled out a new Ranger pickup truck, Edge crossover, and Bullitt Mustang here at the North American International Auto Show, all of which were either rumored or expected. But the company teased something totally out of the blue at the very end of its press conference: an all-electric performance car called the “Mach… Continue reading Ford teases an all-electric performance car called the ‘Mach 1’
New In-Road Wireless Charging Idea Could Become A Breakthrough
New In-Road Wireless Charging Idea Could Become A Breakthrough – video 1 min ago by Mark Kane [embedded content] A team at Stanford University has published research results for longer range dynamic wireless energy transfer for potential use in electric vehicle charging. Stanford University: Wireless charging of moving electric vehicles overcomes major hurdle Both, stationary and dynamic… Continue reading New In-Road Wireless Charging Idea Could Become A Breakthrough
Volkswagen brand sets delivery record in 2017
The Volkswagen brand handed over a total of 6.23 million vehicles to customers worldwide in 2017, making last year the most successful yet in the history of the brand. China, the largest single market, is the main driver of this positive development. More than 3 million vehicles were delivered there for the first time last… Continue reading Volkswagen brand sets delivery record in 2017
Toyota Kicks Off Detroit Auto Show with Its ‘Walk In My Boots’ Community Outreach Program By Helping Local Families In Need
Donates Winter Boots and Socks To Homeless and Low-Income Families Enriching Lives…One Step At A Time at The Salvation Army Harbor Light/Booth Family ShelterHeld in conjunction with the 2018 North American International Auto Show January 14, 2018 DETROIT, Jan.13, 2018 – For the seventh consecutive year, while showcasing new vehicles at the North American… Continue reading Toyota Kicks Off Detroit Auto Show with Its ‘Walk In My Boots’ Community Outreach Program By Helping Local Families In Need
Fiat CEO Sees Room to Double Profit by 2022
Fiat Chrysler Automobiles NV Chief Executive Officer Sergio Marchionne, one of the longest-serving bosses in the auto industry, said the company can double profit within five years by exploiting the potential of the Jeep brand. Sergio Marchionne Photographer: Chris Ratcliffe/Bloomberg With the offroad nameplate in position to grab as much as 20 percent of the… Continue reading Fiat CEO Sees Room to Double Profit by 2022
Detroit Motor Show: Tesla, Porsche & Co. Stay Home
General Motors at Detroit 2018 + The American automaker is loyal to the traditional car show. (Photo: Bloomberg) Even a few years ago, the car industry had an unwritten law: In January, the top management in the large car companies prescribed a holiday ban. The start of the year Detroit Motor Show heralded the new… Continue reading Detroit Motor Show: Tesla, Porsche & Co. Stay Home
Hyundai Motor Company and Kia Motors to Introduce New Veloster and Forte for the Very First Time at Detroit Motor Show
‘2018 NAIAS (North American International Auto Show, Detroit Motor Show)’, which is the one of the five biggest motors shows in the world, had its opening on the 13th (U.S. time) in Detroit. This year’s motor show will be opened to media from the 14th until the 16th, will hold preview on the 17th and… Continue reading Hyundai Motor Company and Kia Motors to Introduce New Veloster and Forte for the Very First Time at Detroit Motor Show
Saudi Aramco shrugs off electric car threat
Keep abreast of significant corporate, financial and political developments around the world. Stay informed and spot emerging risks and opportunities with independent global reporting, expert commentary and analysis you can trust. Choose the subscription that is right for you Read more For 4 weeks receive unlimited Premium digital access to the FT’s trusted, award-winning business… Continue reading Saudi Aramco shrugs off electric car threat
Detroit’s auto giants take fight to big tech as largest US car show kicks into gear
The Detroit auto show, where today’s reality will be on display. Photograph: Mark Blinch/Reuters Automotive industry Detroit’s auto giants take fight to big tech as largest US car show kicks into gear The North American International Auto show has been overshadowed by CES – but it’s decided to stick to what it does best: cars… Continue reading Detroit’s auto giants take fight to big tech as largest US car show kicks into gear