As automakers race to make electric vehicles more affordable—both for them to build and for customers to buy—Ford made a splash on Tuesday when its CEO, Jim Farley, revealed during an earnings call that a secretive “skunkworks” team had been working on a low-cost EV platform for the past two years. The opportunity there…
Toyota on Tuesday announced an additional $1.3 billion investment in its Georgetown, Kentucky, assembly plant to prepare for production of a 3-row electric SUV.
This additional money, which brings the plant's total investment to nearly $10 billion, "supports the previously announced future BEV assembly at Toyota Kentucky," according to a company press release. It also…
Choice Hotels, which is one of the world’s largest hotel franchisors, inked a deal with Tesla to install an undisclosed number of Universal Wall Connectors at its franchises across the United States. Participating hotels, including Radisson, Cambria, Comfort, and Country Inn & Suites, can add four or more charging stations for guests. Properties that…
In the same quarterly investor call where Ford emphasized a pivot toward more affordable EVs, Ford on Tuesday also suggested that hybrids will remain an important and growing part of its vehicle lineup for many years.
Referring to a “new market reality” with respect to EVs, Ford emphasized that it anticipates aggressive growth on hybrids this year.…
The Fisker Ocean is the first mass-produced electric car made by California-based startup Fisker Inc. And if we know anything about startups, it’s that they sometimes offer exciting products that can exhibit some not-yet-finished vibes. The Ocean EV is no different. It has an impressive EPA range of 360 miles on a full charge…
The Porsche Taycan boasts better numbers all around. Toyota adds to its Kentucky EV plans. And before its Gen 2 EVs have launched, Ford starts touting its Gen 3 EV project that could face Tesla and China on cost. This and more, here at Green Car Reports.
Ford CEO Jim Farley, during the company’s Q4…
Toyota, the Japanese company that currently sells just one all-electric vehicle in the United States–the bZ4X crossover–is known in hardline electric car enthusiast groups as being a laggard in transitioning to a fully electric portfolio. The Japanese automaker even went on record through the voice of its main science man Gill Pratt last year,…
China’s largest automaker BYD—short for Build Your Dreams—seems to be on an everlasting expansion spree. After a record-breaking sales year, surpassing Tesla as the world's largest EV seller, BYD has now set its sights on entering luxury segments. The automaker has a range of suave-looking models in the pipeline under a new brand name,…
The Polestar 2 is an aesthetically pleasing electric liftback sedan with solid range and impressive performance. However, all that glitters isn't a sales success. In early 2023, Polestar had a sales goal of 80,000 units, but by the end of the year, the Swedish automaker had only managed 54,600 deliveries. Sure, a lot of this…
Is Ford shifting its electric vehicle efforts away from large EVs like the F-150 Lightning, and focusing on translating the ethos of the Model T into the EV era?
Taken at face value, remarks from Ford CEO Jim Farley made Tuesday suggest that may be the case. During the company’s Q4 2023 earnings, Farley and…