article thumbnail

Ford and Sollers sign MoU to establish a JV in Russia

Green Car Congress

Ford Motor Company and Russian automobile company Sollers OJSC signed a Memorandum of Understanding (MoU) under which the parties intend to launch a new 50:50-owned joint venture called Ford Sollers for the production and distribution of Ford vehicles in Russia. Sollers had originally planned a joint venture with Fiat. Earlier post.).

Russia 186
article thumbnail

The EV Transition Explained: Reshaping Labor Markets

Cars That Think

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. Mercedes-Benz says it will be investing €1.3 For example, the Biden Administration has proudly proclaimed that moving to EVs will be the source of new, high-paying, jobs. One million.”. Neither does the U.S. billion ($1.29

Market 97
article thumbnail

Electric-Car Fans Rally Around the Volt - Green Inc. Blog - NYTimes.com

Tony Karrer Delicious EVdriven

Electric car proponents at The California Cars Initiative believe the task force was unduly influenced by “plug-in skeptics” at the Boston Consulting Group , which is under government contract to provide input on the prospects for G.M. and Chrysler. Whatever B.C.G.’s Please wake up…… — Anthony 20.

Volt 42