Ford Revs Up Electric Truck Output, Testing Mainstream EV Demand
Ford said Tuesday it has restarted assembly of its F-150 Lightning electric truck and is now driving to triple the production rate, setting up a multibillion-dollar test of whether mainstream U.S. truck buyers are ready to switch to an EV. …
EVs To Produced Under Lveco Brand
Iveco has announced it will produce and market its heavy-duty battery electric vehicles and the heavy-duty fuel cell electric vehicles under its own Iveco brand in Europe. This follows last June’s communication by Iveco Group of the acquisition of the…
New EU Law Mandates EV Fast Chargers Every 37 Miles On Highway
With more and more electric cars and motorcycles hitting the roads, it’s high time that something be done to further bolster fast-charging infrastructure. Sure, there are already hundreds of charging stations scattered across most cities in the world – but…
2024 Chevrolet Blazer EV 2LT AWD Starts At $56,715, Offers 279-Mile Range
General Motors has announced updated pricing and range estimates along with timing and availability for the 2024 Chevrolet Blazer EV in the US. The good news is the Blazer EV will begin shipping to customers this summer, as promised at last year’s…
GM And Six Other Automakers Unite To Create EV Fast Charging Infrastructure Across North America
An alliance of seven major automakers that includes GM as well as BMW, Honda, Hyundai, Kia, Mercedes-Benz, and Stellantis has shaken hands on building a network of EV fast chargers that will include tens of thousands of individual “high-powered charge…
Ford Set To Lose $4.5 Billion On Electric Vehicles This Year
Ford Motor Company announced it is projected to lose a whopping $4.5 billion from electric vehicles (EVs) this year, up from the previous projected loss of $3 billion. The company released its second-quarter financial results on Thursday. The U.S.-based automaker’s EV division, called “Ford Model…
Biden Admin Fires Next Regulatory Salvo In Its Push For EVs
The Biden administration proposed a new and ambitious set of fuel economy standards for cars and light-duty trucks Friday, its latest move to prod American consumers towards adopting electric vehicles (EVs). The National Highway Traffic Safety Administration (NHTSA), a subagency…
VINFAST BREAKS GROUND AT NORTH CAROLINA ELECTRIC VEHICLE FACILITY
VinFast’s US factory project is the first electric vehicle manufacturing facility in North Carolina, as well as the largest economic development initiative in the state’s history. North Carolina Governor, Roy Cooper, Vietnamese Ambassador to the US, Nguyen Quoc Dung, and representatives from state and…
Mazda Kills Its Only EV In America As The MX-30 Is Dead
The Mazda MX-30 EV is dead in America as the brand has decided to focus its electrification efforts on the CX-50 Hybrid, CX-90 PHEV, and the upcoming CX-70 PHEV. While the crossover’s death will leave Mazda without an electric vehicle in the United States,…
WEX Venture Capital Seeks To Invest Up To $100M To Help Advance EV Fleet Transition
WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that its Board of Directors has authorized a new investment arm of WEX, WEX Venture Capital, to invest up to $100 million through the…
