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Ford Plans Affordable EV Models and Promises Profitability

The Truth About Cars

CEO Jim Farley recently confirmed that the company would purse sub-$30,000 electric models with its next-generation product line, and said that its existing models would become better in the meantime. CEO optimism is nothing new, as it’s often the only thing propping up companies’ stock prices.

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Stellantis-CATL battery partnership seeks affordable EVs for Europe

Green Car Reports

Stellantis and battery supplier CATL on Tuesday signed a memorandum of understanding that could pave the way for more affordable EVs in Europe. The two companies are.

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Stellantis invests in affordable sodium-ion battery technology

Teslarati

It named Tiamat as one of 11 top-performing technology startups, honoring the French company with the Stellantis Ventures Award in 2023. According to the legacy automaker, Tiamat is the first company in the world to recently commercialize sodium-ion technology in an electrified product.

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Tesla’s Elon Musk gives subtle nod to more affordable FSD monthly subscriptions

Teslarati

Tesla CEO Elon Musk appears to have given a subtle nod to the idea of more affordable Full Self-Driving (FSD) monthly subscriptions. Musk has made FSD (Supervised) test rides part of Tesla’s vehicle delivery process, and the company has rolled out a free trial program for FSD (Supervised) to qualified vehicles in its existing fleet.

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Tesla Finally Appears to Make Moves Toward Building Affordable EV Model

The Truth About Cars

The long-rumored affordable, entry-level Tesla is almost here – maybe. Tesla reportedly alerted suppliers that it would start building a mass-market compact crossover in the middle of 2025, which would become one of the most affordable electric models on sale if it becomes a reality.

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Jeep, Ram owner is launching affordable EVs next year

Electrek

Stellantis, the parent company behind Jeep , Ram, Dodge, and 11 others, is launching several new affordable EVs in 2024. more… The post Jeep, Ram owner is launching affordable EVs next year appeared first on Electrek.

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ASX and Spirit AeroSystems partner to develop affordable eVTOL aircraft for mass production

Green Car Congress

Airspace Experience Technologies ( ASX ), an aviation technology start-up, and Spirit AeroSystems, a global aircraft design and manufacturing company, have signed a memorandum of understanding and a definitive agreement to cooperate on creation of affordable, certified all-electric, vertical take-off and landing (eVTOL) aircraft.