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Volkswagen committing $7.1B to boost product line-up, R&D, manufacturing in North America; targeting 55% BEV sales by 2030

Green Car Congress

billion over the next five years in the North American region (NAR) (Canada, Mexico, United States) to boost its product portfolio, regional R&D and manufacturing capabilities. This strategy builds on the company’s preparation of its Chattanooga facilities for local EV production. Volkswagen will commit $7.1 Assembly of the ID.4

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Flo to undertake Tesla’s North The usa Charging Same old on its fresh chargers

Baua Electric

Flo, the Canada-based producer of electric-vehicle charging stations, says its chargers will undertake the North The usa Charging Same old (NACS), old through EV gigantic Tesla. The trade comes amid a flurry of bulletins from automakers that say they’re going to form cars able to the usage of the similar same old.

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General Motors emphasizing faster electric vehicle launches after positive 2021 earnings

Teslarati

General Motors ( NYSE: GM ) is gearing up for a major shift in 2022 thanks to its evolving electric vehicle program, planning for record profit levels that could surge the company into a more well-rounded placement in an increasingly competitive sector. percent, and revenue of over $127 billion, a $4.5 billion increase from 2020. .”

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Ford advises dealerships to not apply markups to F-150 Lightning customers

Teslarati

Ford has sent out an internal memo to all dealerships in the United States and Canada, advising sales staff to not apply dealership markups to customers ordering the new, all-electric F-150 Lightning. Ford doubles its F-150 Lightning production target again to 150k units per year. and Canadian operations, said.

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For fleet consumers, Ford Professional FinSimple is ‘one-stop store’

Baua Electric

Ford Motor Co. FinSimple deals a industrial form of credit score for fleets of any dimension, automobile leasing and buying in addition to charging infrastructure for industrial EVs. It additionally introduced an insurance coverage product this occasion. In Canada and the U.Ok., It’s now not simply cars anymore.

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Ipsos poll finds 64% of Canadians would consider buying or leasing fuel cell vehicle if available

Green Car Congress

However, the poll also found that a majority (71%) “agrees” (25% strongly/46% somewhat) that “ constantly having to charge electric cars is a pain ” (29% disagree – 7% strongly/22% somewhat). Taking into consideration the emissions created during the production of hydrogen fuel, the study found that the Hyundai Tucson FCEV creates 167.3

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Volkswagen’s Pablo Di Si: Generation to get ‘again to fundamentals’

Baua Electric

Volkswagen Crew of The united states CEO Pablo Di Si has formally been at the activity handiest since September, when his predecessor, Scott Keogh, moved over to form Scout Motors. So I mentioned, “Listen, we’re going to increase production significantly.” We’re getting to form some systems.