Ford is on track to reach the ambitious goals of manufacturing up to 600,000 electric vehicles by the end of this year and more than 2 million by the end of 2026, its 2023 Integrated Sustainability And Financial Report shows. After announcing investments of over $50 billion in its facilities around the world from…
Did a big Tesla price hike help the world’s biggest maker of only electric vehicles get back on track with sales and growth?
The short answer by the numbers appears to be: yes and no.
Tesla on Sunday reported that it delivered 422,875 vehicles over the first quarter of 2023. While that total was…
Elon Musk is Chief Executive Officer of both Tesla and Twitter. Since Tesla has no marketing or PR department, its CEO has long used the social media platform to respond to criticism, make company announcements, and, well, publish a whole lot of other nonsense. Perhaps the best, most useful intersection of Musk's two companies, though,…
Tesla results suggest demand may be flagging, while a study underscores the importance of legacy automakers keeping up with EV demand. The revamped Q8 E-Tron lineup reaches for 300 miles in America, and the Fisker Ocean tops 400 miles of range in Europe. And we sample the U.S. version of the head-turning Ioniq 6. This…
Tesla has just released its Q1 2022 production and delivery report, so the numbers are now in. See how Tesla fared this quarter right here. At 422,875 global deliveries of the Model Y, Model 3, Model S and Model X combined, Tesla beat expectations and set a new all-time record for deliveries in a single…
By the numbers, the 2023 Hyundai Ioniq 6 electric sedan outpaces the Tesla Model 3 , improves on the related Hyundai Ioniq 5 , and matches the Lucid Air as the most efficient electric car on sale in the U.S. In the data age where we are ruled by algorithms, the favorable numeric…
Kia America reports another strong sales result in the United States. In March, the company sold 71,294 vehicles (up 20 percent year-over-year), which is the second-highest monthly level ever. In Q1, sales amounted to 184,136 (up 22 percent year-over-year). Meanwhile, sales of the all-electric Kia EV6 continue to decrease, reaching just 988 units last month…
Automakers that don't meet growing demand for EVs will gradually lose market share and struggle to find buyers for internal-combustion vehicles, Consumer Reports predicts.
A recent study by the publication's advocacy arm found that constricted supplies of EVs are creating pent-up demand that will play out over the next few years, reducing the potential market…
Ford is reopening order banks for the next wave of reservation holders of the Ford F-150 Lightning all-electric pickup, but the prices increased. The company said that the prices of the Lariat Standard Range and Platinum versions were adjusted upward (by respectively $1,500 and $1,200) "in response to current material costs, market factors, and…
On Thursday, Ford once again hiked prices on its base F-150 Lightning Pro.
The latest adjustment, adding onto markups made in December, adds $4,000 to the base version of the fully electric F-150—meaning it now adds up to $61,869 including the mandatory $1,895 destination charge.
This is the fourth major price increase for the…