F-150 Lightning, Mustang Mach-E, and the Skunkworks platform — Dearborn’s electric bet, tracked.
Lucid Motors, known for its high-end electric vehicles, is set to broaden its appeal with plans for three new affordable models. This news comes from a recent report by Car and Driver. The Mid-Size Program Derek Jenkins, Lucid’s senior vice president of design and brand, revealed to CarBuzz that the company is working on what…
Xpeng, a leading Chinese electric vehicle manufacturer, has announced its latest offering in the competitive EV market – the Mona M03 coupe. This new model is set to disrupt the industry with its remarkably low price point, starting at just 119,800 yuan ($16,812). A Game-Changing Price Point The basic version of the Mona M03 electric…
Electric Vehicle Prices Tumble, Making Them Accessible to More Families The used electric vehicle (EV) market has seen a significant shift, with prices dropping to levels that make previously unattainable models accessible to many families. According to a recent report from The Guardian, high-quality EVs like Tesla Model 3s and Kia e-Niros with substantial range…
Ford Motor Company has officially canceled its highly anticipated three-row electric SUV, dubbed the “personal bullet train,” in a significant pivot away from its aggressive electric vehicle (EV) strategy. This decision, reported by Reuters, marks a major shift in the automaker’s approach to electrification and reflects the challenges facing the EV market. The Rise and…
Ford is rethinking its electric vehicle strategy, putting the brakes on plans for an all-electric three-row SUV and shifting focus to hybrid models instead. This move comes as the automaker grapples with profitability challenges in the EV market, according to a report from NPR. Hybrid Tech: Ford’s New Best Solution for SUVs John Lawler, Ford’s…
Ford is rethinking its electric vehicle strategy, betting that hybrid technologies might be more appealing to family car buyers than full EVs. This shift comes amid concerns over high EV prices and range anxiety, according to a recent report from NPR. Hybrid SUVs: The New Focus John Lawler, Ford’s vice chair and CFO, stated in…
Electric vehicles are at the forefront of a surge in auto incentives, with manufacturer rebates reaching levels not seen since before the pandemic. Kelly Blue Book reports that these incentives rose to around 7% of the average transaction price last month, the highest in over three years and about 60% higher than a year ago.…
According to a recent investigation by WIRED, some electric vehicles are experiencing severe depreciation, losing up to $600 per day in value. This trend presents both challenges and opportunities in the evolving EV market. Steep Drops in EV Value Some electric cars are reportedly losing as much as 50% of their value within the first…
One email. Six stories. Filed each morning before the world is. Read by Tesla owners, Rivian preorder holders, dealer GMs, and the analysts that move EV stocks.
