F-150 Lightning, Mustang Mach-E, and the Skunkworks platform — Dearborn’s electric bet, tracked.
In a bold move to expand their global footprint, nearly 900 Chinese auto suppliers and a handful of EV makers are showcasing their products at the Automechanika trade fair in Frankfurt. This event, which typically focuses on suppliers, has added a special “EV Expo” to highlight Chinese-made electric vehicles. The initiative comes as the Chinese…
EY’s 2024 Mobility Consumer Index (MCI) survey has revealed a significant drop in consumer interest for electric vehicles (EVs) in the United States. Only 34% of US consumers plan to buy an electrified vehicle as their next car, marking a 14 percentage point decrease from last year. This shift in consumer sentiment is raising eyebrows…
Used Tesla Cybertruck prices have been on a rollercoaster ride this year, but they’re now heading south fast. After peaking at around $185,000 in early April, the average price for a used Cybertruck has dropped to about $117,000 as of September 2024, according to CarGurus, a car shopping website. This shift comes as Tesla ramps…
A solar and battery microgrid featuring Tesla tech has significantly cut diesel reliance and costs on Australia’s Lord Howe Island. According to a new report from the Australian Renewable Energy Agency (ARENA), the system saved over $1.5 million in fuel costs in just two years, reports Renew Economy. Island Microgrid Exceeds Expectations Commissioned in 2021,…
Toyota Motor Corporation, the world’s leading automaker, has significantly scaled back its electric vehicle (EV) production plans for 2026, according to Reuters. This adjustment signifies a notable shift in the company’s EV strategy as the momentum for electric car sales begins to slow. Revised Production Goals The Japanese auto giant now aims to produce 1…
Volvo has revised its ambitious plan to sell only pure electric vehicles (EVs) by 2030, now aiming for 90-100% of its global sales to be electrified cars, including both fully electric and plug-in hybrid vehicles. This adjustment comes amidst slower charging infrastructure rollout, reduced government incentives, market uncertainties, and shifting consumer demand, reports Euro News.…
Georgia Power has struck a deal with Tesla to build a large-scale battery energy storage system (BESS) portfolio, aiming to enhance grid reliability and address resource shortfalls. The agreement, which includes four separate projects totaling 500MW/2,000MWh, will utilize Tesla’s advanced battery technology, according to Energy Storage News. READ MORE: TESLA BATTERY POWERS REMOTE ISLAND, SLASHES…
BMW is gearing up to introduce its first hydrogen-powered vehicle by 2028, leveraging fuel cell technology developed in partnership with Toyota Motor Corp. The German automaker made the announcement on Thursday, highlighting its commitment to exploring alternative green technologies, according to Reuters. This move underscores BMW’s strategy to hedge its bets on which “green” technology…
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