Apr 25, 2024 | Detroit, Electric Vehicles, Featured
Ford has thrown down a gauntlet to Tesla by touting its upcoming range of cheap electric cars, as both companies grapple with slowing demand for EVs. CEO Jim Farley confirmed in Ford’s Q1 earnings call that the company is working on new affordable...
Apr 25, 2024 | Autonomous Vehicles, Detroit
Detroit-based automaker General Motors (NYSE:GM) on Tuesday detailed its plans for the relaunch of its autonomous driving unit Cruise, months after it paused operations owing to the involvement of one of its robotaxis in an accident in San...
Apr 18, 2024 | Detroit, Electric Vehicles
The U.S. auto industry needs regulatory certainty from politicians in Washington and the back and forth as the White House changes hands doesn’t help, but the adoption rate of electric vehicles will continue to grow, Ford Motor’s executive chairman Bill...
Apr 4, 2024 | Detroit, Electric Vehicles, Featured
Ford Motor is delaying production of a new all-electric three row SUV, as it shifts to offer hybrid options across its entire North American lineup by 2030. The Detroit automaker on Thursday said it will continue to invest in EVs, but it is postponing...
Feb 22, 2024 | Detroit, Electric Vehicles
General Motors must resolve quality issues on its new electric vehicle launches and nail the pricing to win new customers and hit production targets this year amid slowing demand for EVs. That was a key message CFO Paul Jacobson delivered Wednesday during a fireside...
Jan 4, 2024 | Detroit, Electric Vehicles, Featured, US Economy
General Motors said on Wednesday it is offering incentives of $7,500 on its electric vehicles that earlier this week lost a U.S. government tax credit, while Ford Motor said it is hiking the prices of some of its F-150 EVs by $10,000. The Treasury issued guidelines in...
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