article thumbnail

Ford cutting F-150 Lightning production workforce by two-thirds

Teslarati

Ford is cutting its F-150 Lightning production workforce by two-thirds as the company continues to try and ramp manufacturing of electric vehicles and work toward profitability. This amounts to 700 production employees. Right now, we’re looking at 55,000 units they’re gonna build.

F-150 132
article thumbnail

H2 Green Steel and BMW Group sign final agreement on delivery of CO2-reduced steel

Green Car Congress

In a pioneering move, both companies have therefore agreed to have 40% of the pre-consumer steel scrap of the volumes returned to H2 Green Steel's electric arc furnaces for re-cycling. The direct reduction reactors have been up and running for more than 50 years in places where natural gas can be procured cheaply.

BMW 259
article thumbnail

Groupe Renault creating first European factory dedicated to the circular economy of mobility in Flins

Green Car Congress

The implementation of this industrial and commercial ecosystem will take place gradually between 2021 and 2024, replacing the production of new vehicles. RE-TROFIT: To extend significantly the life of vehicles. The objective is to preserve the value of the product as much as possible and reduce the time the car is out of service.

Economy 397
article thumbnail

Hyundai commits to fulfilling electrification strategy despite hybrid appeal

Teslarati

Hyundai is committing to fulfilling its electrification strategy, refusing to divest and putting effort toward other, potentially more in-demand powertrains as it continues to find its footing in the world of electric vehicles. They’re even revising investment strategies and pulling back EV efforts in favor of hybrids.

Hyundai 115
article thumbnail

Ford reveals CEO Jim Farley’s latest pay raise

Teslarati

UAW President Shawn Fain made a statement following the release of the Friday filing, pointing to Farley’s recent statements about potentially having to re-consider where Ford would build vehicles due to increasing union pressure. Ford pauses all F-150 Lightning shipments as gas deliveries begin What are your thoughts?

Ford 121
article thumbnail

What is EVSE and EVCS?

Setec Powerr

The electric vehicle industry is booming, and with it comes a plethora of terms and acronyms that can sometimes be confusing. Two of the most commonly used terms in the EV charging realm are EVSE and EVCS. EVSE stands for Electric Vehicle Supply Equipment. EVSE stands for Electric Vehicle Supply Equipment. What is EVSE?

article thumbnail

North Carolina wants to spend $50K to trash free public EV chargers

Teslarati

The bill, House Bill 1049 , would set aside $50,000 to get rid of the free public EV chargers unless free gas pumps are built alongside the free public EV chargers. Those things cost tens of cents per hour when they’re being used.” ” House Bill 1049 Targets Small Businesses That Offer Free Public EV Charging. .”