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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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Ford and Zotye forming JV in China for EVs; Ford’s third JV in the country

Green Car Congress

Ford Motor Company and Zotye have agreed to establish Zotye Ford Automobile Co., a new 50:50 joint venture that will offer a range of stylish and affordable all-electric vehicles for consumers in China under a new indigenous brand. and board director of Zotye Auto. Earlier post.). Earlier post.). —Peter Fleet.

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Ford secures nickel supplies with $4.5 billion investment

Teslarati

Ford has announced that it has partnered with two other entities to construct a nickel processing facility in Indonesia. Besides the massive retooling effort that has taken the auto industry by storm over the past two years, the search for raw materials for EV batteries has become a growing priority for automakers.

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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. The auto industry is eager to move as fast as it can towards zero-emission vehicles.

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Mahindra and Ford to explore strategic cooperation to drive profitable growth in India and other emerging markets

Green Car Congress

Mahindra Group and Ford Motor Company have agreed to explore a strategic alliance designed to leverage the benefits of Ford’s global reach and expertise and Mahindra’s scale in India and successful operating model. —Jim Farley, Ford executive vice president and president of Global Markets.

India 150
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BYD would still have the cheapest EV in the US, even with a 100% tariff

Baua Electric

Its affordable electric and hybrid models are squeezing gas-powered vehicles out of China’s auto market, especially from foreign automakers. Ford canceled its three-row electric SUV , opening the door for overseas rivals like Kia and Hyundai to take advantage. Source: Nikkei FTC: We use income earning auto affiliate links.

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KPMG survey finds global auto execs ranking fuel efficiency the top consumer priority

Green Car Congress

The 2011 KPMG survey also finds the auto industry heavily investing in future technology, new products and safety improvements. When asked to predict global market share winners over the next five years, Ford jumped to 43% seeing market share gains compared with 29% in 2010 and 13% in 2009. Investments.

Global 218