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Ford CEO: EVs May Not Reach Cost Parity Until After 2030
May 31, 2023 Ξ

Ford CEO: EVs May Not Reach Cost Parity Until After 2030

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According to Ford Chief Executive Jim Farley, electric vehicles (EVs) are not expected to reach cost parity with internal combustion engine (ICE) vehicles until after 2030. Farley made this statement  Full Article »

Automotive

Jaguar Land Rover Recalling I-PACE EV SUVs Over Fire Risks
May 31, 2023 Ξ

Jaguar Land Rover Recalling I-PACE EV SUVs Over Fire Risks

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Jaguar Land Rover (JLR) is issuing a recall for approximately 6,400 I-PACE electric SUVs in the United States due to concerns over potential fire hazards. The recall is prompted by  Full Article »

Automotive

Canadian Government Invests in GM-POSCO Quebec EV Battery Materials Plant to Expand Supply Chain
May 30, 2023 Ξ

Canadian Government Invests in GM-POSCO Quebec EV Battery Materials Plant to Expand Supply Chain

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General Motors (GM) is set to receive $220 million in government support from both the Canadian federal government and the Quebec province for the establishment of an electric vehicle (EV)  Full Article »

Automotive

Tavares: Stellantis Will Need Two Additional U.S. EV Battery Plants To Reach Output Targets
May 30, 2023 Ξ

Tavares: Stellantis Will Need Two Additional U.S. EV Battery Plants To Reach Output Targets

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According to Reuters, Stellantis CEO Carlos Tavares stated that the company would require one or possibly two additional large factories dedicated to electric vehicle (EV) batteries in the United States  Full Article »

Automotive

Report: Solar Power Could Overtake Oil Production Investment Helping to ‘Fuel’ EVs
May 29, 2023 Ξ

Report: Solar Power Could Overtake Oil Production Investment Helping to ‘Fuel’ EVs

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According to a recent report by the International Energy Agency (IEA), investment in clean energy is expected to surpass spending on fossil fuels in 2023, with solar projects leading the  Full Article »

Automotive

Ford CEO: Tesla Superchargers May Become the Standard for EV Charging
May 26, 2023 Ξ

Ford CEO: Tesla Superchargers May Become the Standard for EV Charging

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According to Ford CEO Jim Farley, Tesla’s Superchargers have the potential to become the standard for electric vehicle (EV) charging in the United States. This statement comes after Ford recently  Full Article »

Automotive

Hyundai & LG Energy to Build $4.3 Billion EV Battery Plant in US
May 26, 2023 Ξ

Hyundai & LG Energy to Build $4.3 Billion EV Battery Plant in US

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Hyundai Motor Group and LG Energy Solution have announced plans to construct a $4.3 billion electric vehicle (EV) battery plant in the United States. This joint venture aims to capitalize  Full Article »

Automotive

Ford Strikes Deal with Tesla to Gain Access to over 12,000 Supercharger Stations in 2024
May 25, 2023 Ξ

Ford Strikes Deal with Tesla to Gain Access to over 12,000 Supercharger Stations in 2024

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Ford Motor Co announced on Thursday that it has reached an agreement with Tesla to grant Ford electric vehicle (EV) owners access to more than 12,000 Tesla Superchargers across North  Full Article »

Automotive

First Deliveries of US-Bound VinFast EVs Get Recalled for Safety Risk
May 25, 2023 Ξ

First Deliveries of US-Bound VinFast EVs Get Recalled for Safety Risk

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VinFast, the Vietnamese electric vehicle (EV) manufacturer, hasn’t exactly had a stellar start to their rollout of new VF 8 EV here in America. The reviews of the new VinFast  Full Article »

Automotive

US Start-Up Lyten Gets Investment from Stellantis to Develop Lithium-Sulfur EV Batteries
May 25, 2023 Ξ

US Start-Up Lyten Gets Investment from Stellantis to Develop Lithium-Sulfur EV Batteries

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Stellantis, the world’s third-largest carmaker, has made an investment in the U.S. start-up Lyten with the goal of developing lithium-sulfur batteries for electric vehicles (EVs), as well as lightweight composites  Full Article »

Automotive

California Seeks Approval to End Gas-Only New Vehicle Sales by 2035
May 23, 2023 Ξ

California Seeks Approval to End Gas-Only New Vehicle Sales by 2035

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In a recent development, the state of California has taken a significant step towards reducing greenhouse gas emissions by requesting approval from the Biden administration to implement a plan that  Full Article »

Automotive

US Has “Real Concern” About Tesla Autopilot Driver Interaction
May 23, 2023 Ξ

US Has “Real Concern” About Tesla Autopilot Driver Interaction

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U.S. Transportation Secretary Pete Buttigieg expressed concerns Tuesday about the interaction between Tesla’s advanced driver assistance system, Autopilot, and drivers. This issue is currently under investigation by the National Highway  Full Article »

Automotive

U.S. Consumers Want EVs but Range and Cost Give Pause According to KPMG Survey
May 23, 2023 Ξ

U.S. Consumers Want EVs but Range and Cost Give Pause According to KPMG Survey

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According to Gary Silberg, a global automotive sector leader at KPMG, the affordability of electric vehicles (EVs) remains a significant barrier for many potential buyers. While Silberg expects the demand  Full Article »

Automotive

BMW Summer 2023 Updates: New i4 xDrive40, 750e PHEV, & i7 eDrive50 RWD
May 22, 2023 Ξ

BMW Summer 2023 Updates: New i4 xDrive40, 750e PHEV, & i7 eDrive50 RWD

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BMW is set to expand its range of electrified vehicles with the introduction of several new models in the summer of 2023. One of the notable additions is the BMW  Full Article »

Automotive

Ford Expects Profits from Internal Combustion Engine Vehicles to Grow Through 2025 Despite EV Growth
May 22, 2023 Ξ

Ford Expects Profits from Internal Combustion Engine Vehicles to Grow Through 2025 Despite EV Growth

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Ford Motor Co. recently shared its projections for the growth of its internal combustion engine (ICE) vehicle business, referred to as Ford Blue, over the next couple of years. During  Full Article »

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