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Ford'S Turbulent Times: Shares Dip Amid Ev Struggles And Labor Uncertainty

Ford’s EV Strategy Shift: Mach-E Struggles and Three-Row SUV Cancellation

Ford’s electric vehicle ambitions have hit some roadblocks, as reported by The New York Times. The automaker is facing challenges with its Mustang Mach-E and has cancelled plans for a three-row electric SUV. Mach-E Troubles and Market Realities The Mustang…

  • Haye KestelooHaye Kesteloo
  • 09/21/2024
Michigan Scores $355M Boost For Ev Battery Manufacturing

Michigan Scores $355M Boost for EV Battery Manufacturing

The U.S. Department of Energy (DOE) just dropped a bombshell in the EV world, announcing $355 million in federal funding for EV battery manufacturing projects across Michigan. This cash injection, courtesy of the Bipartisan Infrastructure Law, is set to supercharge…

  • Haye KestelooHaye Kesteloo
  • 09/20/2024
Stellantis Faces Dealer And Union Pushback Amid Ev Transition

Stellantis Faces Dealer and Union Pushback Amid EV Transition

Stellantis is navigating rough waters as it pushes forward with its electric vehicle strategy in the U.S. According to a recent report from Automotive News, the automaker is facing significant resistance from both its dealership network and the United Auto…

  • Haye KestelooHaye Kesteloo
  • 09/20/2024
Trouble In Tesla Town: Unveiling Model Y'S Glitches Model Y. Photo Courtesy Of Tesla, Inc.

Tesla Model Y Closes In on Toyota RAV4, Ford F-150 Slips

The electric vehicle (EV) market is heating up, and Tesla’s Model Y is making waves. According to a recent report by Wolf Richter for WOLF STREET, the Model Y is now a hair’s breadth away from becoming the best-selling model…

  • Haye KestelooHaye Kesteloo
  • 09/20/2024
Vinfast Delays North Carolina Factory Until 2028, Focuses On Lower-Cost Markets

VinFast Delays North Carolina Factory Until 2028, Focuses on Lower-Cost Markets

VinFast, the Vietnamese automaker, has announced a significant delay in its plans to build an electric vehicle (EV) factory in North Carolina. Originally slated for 2024, the factory’s opening has been pushed back to 2028. This move comes as the…

  • Haye KestelooHaye Kesteloo
  • 09/20/2024
Volvo Revamps Plug-In Hybrid Strategy, Eyes Longer Electric Range

Volvo Revamps Plug-In Hybrid Strategy, Eyes Longer Electric Range

Volvo is shifting gears on its electric vehicle strategy, planning a renewed push into plug-in hybrid vehicles (PHEVs) despite previously aiming to go fully electric by 2030. The Swedish automaker is now focusing on extending the electric range of its…

  • Haye KestelooHaye Kesteloo
  • 09/20/2024
Mercedes-Benz Shares Tumble After Profit Warning Due To Weak China Demand

Mercedes-Benz Shares Tumble After Profit Warning Due to Weak China Demand

Mercedes-Benz, the German luxury automaker, has seen a significant drop in its share price following a profit warning issued on September 20, 2024. The company cited weakening demand in China as the primary reason for the downgrade, which has had…

  • Haye KestelooHaye Kesteloo
  • 09/20/2024
Lucid Group Cuts Workforce Amid Restructuring

Lucid Motors Expands to Detroit, Tapping Local Talent for EV Growth

Lucid Motors, a Silicon Valley-based electric vehicle (EV) startup, has officially opened a new office in Southfield, Michigan, aiming to tap into Detroit’s rich automotive talent pool and boost its operations. This strategic move comes as Lucid prepares for the…

  • Haye KestelooHaye Kesteloo
  • 09/20/2024
Rivian Rolls Out Tri-Motor Evs: A New Era For Electric Trucks And Suvs

Rivian Rolls Out Tri-Motor EVs: A New Era for Electric Trucks and SUVs

Rivian is making waves in the electric vehicle (EV) market with its latest tri-motor configuration for its trucks and SUVs. The company is now shipping these models, offering an extra power boost over the dual-motor version. This new setup features…

  • Haye KestelooHaye Kesteloo
  • 09/20/2024
Volkswagen'S Wolfsburg Plant Gears Up For Ev Production

Volkswagen’s Wolfsburg Plant Gears Up for EV Production

Volkswagen is making big moves to get its Wolfsburg plant ready for electric vehicle (EV) production. The company has appointed Uwe Schwartz, who successfully converted the Emden plant to EV-only production, as the new manager of the Wolfsburg facility. This…

  • Haye KestelooHaye Kesteloo
  • 09/20/2024
Nio Et7 Electric Vehicle Ev

Nio Denies Plans to Take Over Audi Plant, Remains Cautious on Fixed Assets

Nio, the Chinese electric vehicle (EV) manufacturer, has dismissed rumors that it plans to acquire the Audi Brussels car plant. The company’s CEO, William Li, emphasized Nio’s cautious approach to investing in fixed assets, except for battery swap stations. This…

  • Haye KestelooHaye Kesteloo
  • 09/20/2024
California'S Greenhouse Gas Emissions Drop Thanks To Evs

California’s Greenhouse Gas Emissions Drop Thanks to EVs

California’s greenhouse gas emissions dropped by about 2.4% in 2022, a promising sign that the state’s carbon footprint is decreasing even as the economy rebounds from the COVID-19 pandemic. This news, announced by the California Air Resources Board, highlights the…

  • Haye KestelooHaye Kesteloo
  • 09/20/2024
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