finance.yahoo.com
Ford Motor Co on Monday announced plans to invest $3.5 billion to build an electric vehicle battery plant in Michigan, betting that making the batteries in the United States will help it and Chinese partner CATL attract U.S. customers to embrace a lower-cost technology pioneered in China. Ford’s plan to build the battery plant near Marshall, Michigan, hinges on a judgment that lower cost and faster recharging will attract many customers, including commercial fleet buyers, to accept the limitati…
about 1 year ago
finance.yahoo.com
General Motors Co on Tuesday revealed a new, hybrid Corvette sports car that uses an electric motor and battery to amp up acceleration and go in the snow. GM executives have said previously a gasoline-electric hybrid version of the automaker’s supercar was coming. The Corvette E-Ray will use a 12-volt lithium-ion battery and a 160-horsepower electric motor to drive the front wheels.
over 1 year ago
reuters.com
General Motors Co on Tuesday revealed a new, hybrid Corvette sports car that uses an electric motor and battery to amp up acceleration and go in the snow.
over 1 year ago
reuters.com
Volkswagen’s software division, CARIAD, has emerged from a review ordered by VW’s new chief executive with a plan to work toward a unified software architecture for future vehicles one jump at a time, according to CARIAD chief Dirk Hilgenberg.
over 1 year ago
finance.yahoo.com
(Reuters) -Chrysler parent Stellantis NV Chief Executive Officer Carlos Tavares said on Thursday that more auto plant closures will happen if high prices for electric vehicles (EV) cause vehicle markets to shrink from pre-pandemic levels. Automakers will risk losing pricing power as chip supplies recover, Tavares said at the CES technology trade show in Las Vegas. More U.S. consumers want to buy an electric vehicle but are concerned about rising prices, a survey by consulting firm Deloitte sho…
over 1 year ago
finance.yahoo.com
BMW AG has unveiled a prototype for a car that talks like a human being, changes colors to suit the driver’s mood and has no screens on its dashboard. The German luxury automaker’s BMW i Vision Dee, revealed at a splashy kickoff on Wednesday evening for the CES conference here, previews technology that Chief Executive Oliver Zipse said would be put into production in 2025. BMW plans to launch a new lineup of electric vehicles, which it is calling the Neue Klasse, or new class.
over 1 year ago
finance.yahoo.com
GM sees profitable EVs by 2025
over 1 year ago
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Investors cheered a solid third quarter at General Motors Co as the automaker’s performance and confidence tamped down growing fears of a global recession.
over 1 year ago
reuters.com
Ford Motor Co on Tuesday took the wraps off the latest version of its Super Duty pickup, providing a look at how the U.S. automaker will manage one of the biggest challenges confronting Detroit.
over 1 year ago
reuters.com
Ford Motor Co Chief Executive Jim Farley will go to Las Vegas next week to roll the dice on a strategy to convince dealers to cut as much as $2,000 from the cost of delivering an electric vehicle to a customer.
over 1 year ago
reuters.com
Herbert Diess took over at Volkswagen AG four years ago when the German automaker was in crisis, under pressure to make dramatic changes in strategy and culture, and the former BMW executive offered a new vision.
almost 2 years ago
