F-150 Lightning, Mustang Mach-E, and the Skunkworks platform — Dearborn’s electric bet, tracked.
Kia’s gearing up to make a splash in the electric van world with its upcoming PV5. This mid-size hauler, part of Kia’s new Platform Beyond Vehicle (PBV) lineup, is set to hit production in South Korea next year. Let’s dive into what we know so far, according to a report from Carscoops. Futuristic Looks, Practical…
Ford CEO’s China Trip Sparks Major EV Strategy Shift Jim Farley, Ford’s chief exec, is sounding the alarm after a recent China visit left him shaken by the country’s EV prowess. The Wall Street Journal reports that this wake-up call is driving significant changes in Ford’s approach to electric vehicles. The China Shock During his…
Tesla’s Cybertruck is making serious waves in the electric vehicle world, especially in the luxury pickup segment. According to recent reports, the futuristic truck is not just turning heads – it’s driving up EV registrations across the board. Cybertruck’s Impressive Sales Performance The numbers don’t lie – Cybertruck deliveries hit 5,175 units in July 2024,…
Tesla has just introduced a new promotion in the U.S. for the Model Y and Model 3, offering $0 due at signing with a 2.49% finance rate for 36-72 month loans. This move is part of Tesla’s ongoing strategy to boost sales and maintain its competitive edge in the EV market. Zero Down Payment, Low…
General Motors and Hyundai are joining forces to develop new vehicles and technologies, aiming to cut costs and speed up innovation. This partnership, announced on Thursday, will focus on internal combustion, electric, and hydrogen-powered vehicles, as reported by the NY Times. A Collaborative Effort The two automakers have signed a nonbinding agreement to explore areas…
BMW’s recent announcement about cutting its profit margin forecast due to sluggish demand in China is just the tip of the iceberg. According to analysts, electric vehicles (EVs) are shaking up auto sales in the world’s biggest market, leaving foreign car manufacturers struggling to keep up, reports VOA News. The Rise of Chinese EVs In…
Sales of Chinese brands are up nearly 22% with Chinese companies overwhelmingly dominating sales of the EV market. Overcapacity in China’s auto manufacturing has become a major point of tension between the country and other big economies. The complaint from the west is that Beijing’s industrial policy has unfairly advantaged Chinese companies, leading to fears…
Lucid Motors is gearing up to take on Tesla with a new mid-size electric SUV, set to launch in late 2026 and to start around $48,000 to $50,000
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