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Ford is building a low-cost EV platform with some of the ‘best EV engineers’ to rival Tesla

Baua Electric

Ford (F) assembled a “super-talented skunk works team” to build a low-cost EV platform. Ford is “secretly” developing a low-cost EV platform Following Tuesday’s Q4 and full-year 2023 earnings results, Farley explained that Ford is adjusting its capital while switching gears to focus on smaller EVs.

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ASX and Spirit AeroSystems partner to develop affordable eVTOL aircraft for mass production

Green Car Congress

Airspace Experience Technologies ( ASX ), an aviation technology start-up, and Spirit AeroSystems, a global aircraft design and manufacturing company, have signed a memorandum of understanding and a definitive agreement to cooperate on creation of affordable, certified all-electric, vertical take-off and landing (eVTOL) aircraft.

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Nissan Micra EV to debut later this year as new low-cost electric car

Baua Electric

Another affordable electric car is set to be unveiled later this year as Nissan looks to boost EV sales. Nissan will unveil a new Micra EV as its newest low-cost electric car. Nissan unveiled its own business update last month as it looks to cut costs and introduce affordable EVs.

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Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. It will rival the low-cost EV Tesla is working on.

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DOE announces approximately $64M in funding for 18 projects to advance H2@Scale

Green Car Congress

The US Department of Energy (DOE) announced approximately $64 million in Fiscal Year 2020 funding for 18 projects that will support the H2@Scale vision for affordable hydrogen production, storage, distribution, and use. 3M Company. Low-Cost, High-Strength Hollow Carbon Fiber for Compressed Gas Storage Tanks. 3M Company.

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A cheap Toyota EV? Not right now, the company says

Baua Electric

Toyota has no current plans to launch a cheap EV despite demand building. Toyota says no small, cheap EV is in the works Although many automakers, including VW, Stellantis, and Kia, have revealed plans to launch low-cost EVs under $30,000 (£25,000), Toyota says not so fast. Toyota is best known for the Prius hybrid, after all.

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Harbour Air and magniX partner to build world’s first all-electric airline; seaplanes to ePlanes

Green Car Congress

Electric aviation technology company magniX and Harbour Air, North America’s largest seaplane airline, announced a partnership to transform Harbour Air seaplanes into an all-electric commercial fleet powered by the magni500, a 560 kW (751 shp) all-electric motor that delivers 2,814 N·m of torque. DHC-2 de Havilland Beaver.