Ford promises more affordable EVs as it loses money on them
In its quarterly earnings call this week, Ford reported significant losses on EVs—but still promised lower-priced models.
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In its quarterly earnings call this week, Ford reported significant losses on EVs—but still promised lower-priced models.
Which automaker priced its hardware set allowing its EVs to back up the home?
Honda on Thursday announced plans to push its EV supply chain into Canada, in a move that it said recognizes «the long-term attractiveness of the Canadian EV manufacturing ecosystem.”
A major page in Maruti’s EV journey will be turned by the end of this FY when it starts production of its electric cars at its Gujarat plant. The car in question is of course the production version of the eVX and officially, the automaker has also announced that it will be exporting the car with markets in Europe being the first foreign destinations.
The latest electric vehicle duo won’t be joining the Toyota bZ4X SUV – launched with its Subaru Solterra twin in early 2024 – in Australian showrooms as the Japanese car maker focuses on the EV battle in China.
While not yet confirmed for Australian showrooms it would give BYD a direct rival to the MG4 and Volkswagen ID.3, with the unveiling of the Ocean M in hot-hatch spec suggesting it could also serve not only as a rival to the MG4 X-Power but also as a cut-price alternative to the BMW i4 and electric Hyundai Ioniq 5 EVs.
Following the 2022 concept car, the showroom version of the Aceman shares its platform with the electric Mini and will be built in the same factory in Zhangjiagang, China – a joint venture with car maker Great Wall.
After pushing hard toward an all-electric future, General Motors announced that it would step back a bit and expand its efforts to include more hybrid and plug-in hybrid options. The automaker’s recent exhibit at the Beijing Auto Show gives us a look at how that effort might take shape, as it revealed a new Chevrolet Equinox Plus, a plug-in hybrid SUV for the Chinese market that could show up in some form on our shores.
Meet Tescoma. At first glance, it’s just a first-generation Toyota Tacoma pickup. Simple, American-built, dependable. But take a peek under the hood and you’ll be surprised to find that the gasoline engine that used to hum when the truck was new is nowhere to be found.