Remove Affordable Remove All-Electric Remove Building Remove Mexico
article thumbnail

Tesla Giga Mexico is a 3-phase project, will produce Cybertruck: Governor

Teslarati

As noted by the governor of Nuevo León, Samuel García Sepúlveda, in recent comments, Giga Mexico would be a three-phase project. Following a meeting with the Economic Development Council of Nuevo León, the Governor highlighted that details of Gigafactory Mexico’s negotiations would be transparent.

Mexico 131
article thumbnail

Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. Ford is also expected to build an EV for ridesharing services, and Bloomberg reported that Ford has fewer than 100 people working on the project. All automakers in the U.S.

article thumbnail

Ford to assemble electric E-Transit van in Kansas City; building out $3.2B North American EV manufacturing capability

Green Car Congress

Ford Motor Company announced that its Kansas City Assembly Plant will build the all-new E-Transit van, part of a more than $3.2 billion investment in Ford’s North American manufacturing facilities to produce a series of new electric vehicles for commercial and retail customers. arrives in mid-2022. billion (US $1.35

article thumbnail

Kia will beat Rivian and Tesla into affordable mass-market EVs

Baua Electric

Although Rivian and Tesla are making headlines with planned expansions into mass-market electric vehicles, Kia is set to launch two affordable EVs of its own. More affordable EVs are coming Rivian unveiled its highly anticipated R2 electric SUV Thursday. You can think of it more as the size of a Tesla Model Y.

Kia 52
article thumbnail

Xcel Energy wants 1.5M EVs in its service areas by 2030; 30x increase from today

Green Car Congress

million electric vehicles in its service areas by 2030. If realized, EVs would make up 20% of all vehicles on the road in those areas—more than 30 times the number today. Xcel services customers in Colorado, Michigan, Minnesota, New Mexico, North and South Dakota, Texas and Wisconsin. Powering 1.5

Minnesota 370
article thumbnail

Another One Bites the Dust: Kia Killing the Rio After 2023

The Truth About Cars

Mitsubishi recently announced that it would discontinue the Mirage, removing one of America’s few remaining affordable new cars. Kia will continue building sedans, but cars have fallen off in favor as SUVs and trucks have taken over the world. Though disappointing, the move isn’t a surprise. Average vehicle purchase prices in the U.S.

Kia 98
article thumbnail

Elon Musk taking a page from Henry Ford’s playbook with Tesla price cuts: Ford CEO

Teslarati

Ford CEO Jim Farley recently commented that Elon Musk’s strategy of lowering electric vehicle prices to maintain sales volume over profit margins is actually quite reminiscent of Henry Ford’s approach with the Model T. “This has all happened before,” Farley said, as noted in an Insider report.

Ford 130