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Ford promises more affordable EVs as it loses money on them

Baua Electric

In its quarterly earnings call this week, Ford reported significant losses on EVs—but still promised lower-priced models. As reported by CNN , Ford said its EV unit lost $1.3 Sales were down 20% from a year earlier, but revenue was down 84%, something Ford attributed to industry-wide EV price cuts.

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Ford may build its affordable EV platform in this key overseas market to revamp sales

Baua Electric

Amid its shift to more affordable electric vehicles, Ford could build its new EV platform overseas as it looks to revamp sales. Ford mulls affordable EV platform production in India According to a new report from Autocar India , Ford is looking to re-enter India. New Tesla Model 3 (Courtesy of Tesla, Inc.)

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Ford unveils F-150 Lightning electric pickup; starting at $39,974; arriving in 2022

Green Car Congress

Ford unveiled the F-150 Lightning battery-electric pickup. 2022 Ford F-150 Lightning Platinum, Lariat, XLT. Ford is taking reservations with a $100 deposit. The F-150 Lightning is a massive moment for our Ford team. The F-150 Lightning is a massive moment for our Ford team. America’s No.

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Hyundai Ioniq 6 deal, affordable Honda and Toyota EVs, Civic and Elantra hybrids: The Week in Reverse

Baua Electric

Which automaker announced plans to embrace the Tesla charge connector and reignite an offbeat kind of internal combustion engine, all in the same week? The 2024 Ford Mustang Mach-E GT will get an optional performance upgrade yielding the quickest acceleration of any Mach-E version yet. inch infotainment screen.

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Ford to build more EV software capability at Chennai tech hub | Autocar Professional

Baua Electric

American automaker Ford, whch is known to be working on an affordable EV platform, is set to build more electric vehicle (EV) software capabilities at its Ford Business Solutions India operation, based in Chennai. Meanwhile, Ford is understood to be evaluating its India market re-entry.

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Ford costs are ‘not competitive’ in China, announces sweeping changes

Teslarati

Ford has announced a sweeping set of changes to help make its operations in China more competitive as quickly as possible. Much like many legacy automakers, Ford has been struggling to achieve higher levels of profitability as it invests heavily in new markets and segments, notably including electric vehicles.

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Are Auto Companies Ready for the Future?

Clean Fleet Report

In addition to the CASE (Connected-Autonomous-Shared-Electrified)-driven transformation of the industry, a combination of additional internal and external factors is piling on complexity. The United Auto Workers strike in the U.S. Additionally, Ford has just announced a ‘resizing’ in plans to build a $3.5

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