article thumbnail

Biden attends the Detroit auto show to further promote EVs

Setec Powerr

President Joe Biden (Joe Biden) attended the Detroit Auto Show on Sept. 14, thus making more people aware of the accelerating transition to electric vehicles by automakers and the billions of dollars companies are investing in building battery plants. transition from internal combustion engine vehicles to electric vehicles.

Detroit 97
article thumbnail

Ford expects inner combustion engine quantity, earnings to develop thru 2025

Baua Electric

DETROIT — Ford Motor Co. expects gross sales and benefit margins from its inner combustion engine automobiles to develop for no less than the then two years ahead of the industrywide transition to electrical automobiles begins to truncate that trade. these days to a minimum of 10 p.c by means of 2026.

Ford 52
article thumbnail

Ford expects inner combustion engine quantity, earnings to develop thru 2025

Baua Electric

DETROIT — Ford Motor expects gross sales and benefit margins from its inner combustion engine automobiles to develop for a minimum of the later two years ahead of the industrywide transition to electrical automobiles begins to reduce that industry.

Ford 52
article thumbnail

GM’s Volt Program = $700m

Revenge of the Electric Car

GM to invest $700m in Volt rechargeable electric car. “GM is spending $336m to upgrade the Hamtramck plant; $202m for a new plant in Flint, north of Detroit, that will build 1.4 “GM is spending $336m to upgrade the Hamtramck plant; $202m for a new plant in Flint, north of Detroit, that will build 1.4 Related Stories.

Volt 124
article thumbnail

Electric vehicles are inflation relief

Electric Auto Association

EV’s may be the answer Electric vehicles (EVs) are becoming increasingly popular as gas prices continue to rise. El Paso Electric , for example, offers a popular EV cost of ownership calculator. 246 to fill up monthly The cost of electricity @ $0.1374/kWh is $ 3,846 (courtesy of El Paso Electric). $64

El Paso 84
article thumbnail

Senate Strives for Palatable Energy Bill; Plug-in Credits In

Plugs and Cars

The Detroit News is reporting on the efforts in the Senate to craft a viable energy bill. As presently consitituted, the Senate bill drops the requirement of electricity generators to achieve 15% renewable sources, but includes higher CAFE standards and major provisions for plug-ins, including conversions. Over 200,000 PHEVs.

Plug-in 100
article thumbnail

Expert panel report finds achieving 1M plug-in vehicles in US by 2015 would require concentrated action to overcome barriers

Green Car Congress

A new study sponsored by Indiana University concludes that President Obama’s vision of one million plug-in electric vehicles (PEVs) on US roads by 2015 will require concentrated efforts action from all stakeholders— the auto industry, federal government, the scientific community, and consumers—to be realized. —John D.

Plug-in 218