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Ford drastically cuts workforce at F-150 Lightning EV plant amid ‘much slower’ demand

Baua Electric

CEO Jim Farley revealed Ford was developing a low-cost EV platform. Lawler said the ultimate competition will be low-cost EVs from China, like BYD, and Tesla, which is planning a $25,000 EV of its own. New electric SUVs like the Honda Prologue and Acura ZDX are joining the market. It starts at $73,495.

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Honda revealed its first electric SUV ‘Prologue’

Electric Vehicles India

But Honda said that it will debut an electric SUV for its luxury Acura lineup in 2024. The Honda Prologue is the first of two vehicles that Honda has planned to develop with General Motors, the other vehicle will get an Acura nameplate. That vehicle will also be based on GM’s battery platform. Honda (@Honda) June 28, 2021. .

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