Baua Electric

MARCH 28, 2024

Ford is drastically cutting its workforce at the facility where the F-150 Lightning is built, with demand “much slower” than expected. Ford cutting F-150 Lightning workforce Ford initially announced the reduction in January, citing “slower than expected” demand. Smaller, more affordable ones will win in the long run.

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Baua Electric

APRIL 26, 2024

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

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Baua Electric

APRIL 1, 2024

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. A recent Cloud Theory report reveals that the price cuts are working as buyers look for more affordable EVs. EV volume was up 20% last year, but it was mainly driven by the F-150 Lightning.

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Baua Electric

MARCH 20, 2024

According to a new report, the Hyundai IONIQ 6 is the only EV on the market offering fast charging in under 20 minutes, over 350 miles range, and at an affordable starting price. And you get all of this starting at an affordable starting price of as little as $38,650. 361 $43,656 SEL RWD 77.4 305 $46,365 Limited RWD 77.4

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Baua Electric

MAY 16, 2024

In a new memo, Ford asked suppliers about ideas to cut EV costs after its Model e unit continued to bleed billions in Q1. Like many rivals, Ford introduced significant price reductions to keep up with Tesla’s price cuts. For example, after dropping Mustang Mach-E prices 17% earlier this year, volume shot up by 141%.

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Baua Electric

JUNE 3, 2024

Ford CEO Jim Farley wants the company to deliver affordable EVs like Henry Ford did with the Model T. Ford moves to affordable EVs Farley believes its next-gen EVs will “not only be profitable, but also affordable for most Americans.” For example, the F-150 Lightning battery could cost “$30,000 to $40,000.”

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Baua Electric

MARCH 18, 2024

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. The American automaker’s leader admitted larger EVs, like the F-150 Lightning , are expensive to build.

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Teslarati

APRIL 28, 2023

Consumers are well aware that vehicle ownership involves not only the purchase price of cars but also the vehicle’s total cost of ownership. With this in mind, Kelley Blue Book (KBB) named its 2023 model-year brand and category winners of its 5-Year Cost to Own Awards. Don’t hesitate to contact us with news tips.

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Baua Electric

APRIL 24, 2024

Amid a shifting strategy, Ford (F) reported first-quarter earnings Wednesday, beating analyst expectations. However, due to fierce pricing pressure, Ford’s EV revenue fell 84% in Q1 2024. The F-150 Lightning remained the top-selling electric pickup in the US, with 7,743 models sold, up 80% over last year. billion in Q4.

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Baua Electric

FEBRUARY 7, 2024

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. billion this year.

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Teslarati

JANUARY 21, 2024

.” The Stellantis CEO’s comments came amidst Ford’s announcement that it was scaling back production and trimming its workforce that is producing the F-150 Lightning. Elon Musk, for his part, has stated that Tesla would likely need to keep lowering its prices to ensure that customers could afford its vehicles.

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Baua Electric

MARCH 22, 2024

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. These smaller, lower-cost EVs could resonate with buyers in India.

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Baua Electric

MARCH 19, 2024

After Ford announced a surprising shift to more affordable EVs, its luxury Lincoln brand is putting electric on the back burner. Lincoln backtracks on EVs as Ford shifts to affordable In an interview (via Detroit News ), Lincoln President Dianne Craig said that the company is “listening to what customers really need.”

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Baua Electric

MARCH 21, 2024

Audi is joining the race as automakers gear up to introduce new, lower-cost EV models. Audi plots a new lower-cost EV, an electric A3 or Q3 After unveiling the new Q6 e-tron this week, its next-gen premium mid-size electric SUV, Audi, is planning a smaller, lower-cost EV. The new electric car is expected to launch in 2027.

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Green Car Congress

FEBRUARY 14, 2023

LFP batteries are very durable and tolerate more frequent and faster charging while using fewer high-demand, high-cost materials. This lower-cost battery, at scale, will help Ford contain or even further reduce EV prices for customers.

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Teslarati

APRIL 22, 2024

Credit: CarMax While the Tesla Model 3, Tesla Model Y, and Nissan LEAF maintained their place as the top three most popular used electric cars in CarMax, the second-hand vehicle retailer observed that the vehicles saw a shift in pricing compared to the previous year.

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Baua Electric

APRIL 24, 2024

Amid a shifting strategy, Ford (F) reported first-quarter earnings Wednesday, beating analyst expectations. However, due to fierce pricing pressure, Ford’s EV revenue fell 84% in Q1 2024. The F-150 Lightning remained the top-selling electric pickup in the US, with 7,743 models sold, up 80% over last year. billion in Q4.

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Baua Electric

MARCH 26, 2024

Shifting to more affordable EVs After the all-electric Ford Explorer was launched in Europe on Tuesday, fans of the large SUV in the US are hoping to hear some good news. Although Ford confirmed it will launch a three-row electric SUV in the US, these plans have been pushed back as the automaker shifts to smaller, more affordable EVs.

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Teslarati

MARCH 19, 2024

Ford is planning to delay some electric vehicle plans in favor of a lineup of small, compact $25,000 EVs that could launch shortly after Tesla launches a car at the same price point, a new report says. During its most recent earnings call, the company said it would slow down production of some of its EVs, including the F-150 Lightning.

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EV Central

FEBRUARY 20, 2024

So far in North America, Ford has invested in the electric F-150 Lightning and Mustang Mach-E based on adapted ICE platforms. “It’s non-negotiable that we’re going to allocate capital to a new affordable electric vehicle … and you have to make money in the first 12 months,” he said.

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Baua Electric

APRIL 15, 2024

Rivian R1S continues climbing US EV sales charts in Q1 In 2023, Rivian’s R1S became the seventh best-selling EV in the US after beating out the Ford F-150 Lightning and Tesla Model X. 5 Ford F-150 Lightning 24,165 7,743 2.8% 5 Ford F-150 Lightning 24,165 7,743 2.8% 2 Tesla Model 3 220,910 30,842 11.3%

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Baua Electric

APRIL 4, 2024

Ford’s F-150 Lightning remained the top-selling electric pickup, with sales up 80% over last year with 7,743 units delivered. The company said many 2024 F-150 Lightning orders are repeat buyers. The first models based on the platform are expected to be a smaller electric pickup and SUV with prices starting around $25,000.

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Green Car Congress

NOVEMBER 20, 2018

In the initial roll-out of its $250-million EVolve NY initiative, NYPA will deploy up to 200 150kW direct current (DC) fast chargers, enabling drivers to charge in as little as 20 minutes, to more than two dozen locations along major traffic corridors, John F. Kennedy International Airport and five major cities.

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Baua Electric

MARCH 19, 2024

Electrek’s Take The news comes after BYD declared a “liberation battle” against gas-powered vehicles by releasing more affordable electric models priced below (or around) their ICE counterparts. Although BYD is best known for its low-cost EVs, the Chinese automaker is expanding into luxury and mid-size SUVs to take on new segments.

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EV Central

JANUARY 9, 2024

At the reveal no details were shared about battery size, powertrain, range, cost or potential production timing. For most Australians, a mid-size electric ute would be more relevant and affordable than full-size electric pickups like the Tesla Cybertruck and Ford F-150 Lightning. What is VinFast?

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The Truth About Cars

SEPTEMBER 5, 2023

Power’s vice president for electric vehicle practice, told Automotive News that cost incentives and local policies can likewise play a massive role. Krear noted that full-sized pickups have remained incredibly popular in the United States and can still be had at lower price points if the buyer manages to stay away from adding options.

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Teslarati

DECEMBER 8, 2021

Ford Motor Company has officially closed pre-orders to the F-150 Lightning, the company confirmed today. The F-150 Lightning has quickly accumulated hundreds of thousands of pre-orders, and it will likely be the third all-electric pickup truck on the market, following the Rivian R1T and GMC Hummer EV.

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Clean Fleet Report

OCTOBER 21, 2021

The Model 3 its affordable ($35,000 as it was originally advertised, though most have sold for more), smaller model changed everything. Ford Mustang Mach-E (& F-150 Lightning & E-Transit). Bolts jolts the market with 200+ miles of range and an affordable price. Nissan Leaf – the Standard Bearer.

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Teslarati

JULY 17, 2023

Elon Musk potentially dropped a subtle hint at Tesla Cybertruck pricing by stating that its most-likely competitor, the Ford F-150 Lightning, is “somewhat expensive,” just hours after the automaker dropped prices by as much as $10,000. Let me know your estimates! Email me at joey@teslarati.com.

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Green Car Congress

MAY 23, 2022

Lithium prices continue to rise, and no new domestic lithium sources have yet to be established. Even Tesla, despite its substantial efforts to hold the line on affordability, has suffered from the effects of war, supply chain disruptions and the rising costs of raw materials. We’ll get the semiconductors,” Farley said.

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Teslarati

APRIL 23, 2021

The Mustang vs. Camaro debate is still ongoing today, as is the pickup rivalry between the Ford F-150 and the Chevy Silverado. Consumer Reports also urged Suzuki to refund the vehicles’ purchase price to their owners since, as per statements from then-Consumers Union assistant director David C.

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Clean Fleet Report

JANUARY 22, 2022

Affordable & Luxury Electric Cars, Trucks & SUVs Coming. This year–2022–is shaping up to be the year we have been expecting for two years—when the population of EVs expands so a great variety of vehicles at a range of prices spur the market to new heights. Blame it on Covid-19. Or the supply chain morass.

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Cars That Think

SEPTEMBER 1, 2021

Tesla's goals include boosting driving range by more than 50 percent —16 percent of that due to the 4680's newfound punch—while halving battery costs and bringing a $25,000 Tesla to showrooms. And you have to get to high volume to bring those costs down, and that's not easy to do."

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Tony Karrer Delicious EVdriven

APRIL 21, 2009

At these prices, people are buying the "environmental feature" -- they want to be among the first owners of the worlds cleanest extended-range vehicles. If you want one now, know that youll spend far more than theyll cost when mass-produced. They are early adopters, buying "Version 1.0" Conversions are limited to certain vehicle types.

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Electric Vehicles India

JUNE 23, 2021

The BEVs also lower the system costs of a fully renewable system if the moment of charging is optimally chosen especially when combined with bidirectional charging. In recent years, the low cost of lithium has discouraged the miners from increasing production capacity which has now resulted in a lack of demand accelerates.

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Batteries Battery Lithium Ion India 65

EV Life

JANUARY 4, 2024

The journey from concept to reality was a rocky one, fraught with production delays, price changes, and brake issues outlined in leaked engineering reports. Four years after CEO Elon Musk introduced the Tesla Cybertruck prototype, the first vehicles are finally being delivered to customers. Massachusetts Offers Rebates for Electric Vehicles.

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EV Central

NOVEMBER 25, 2022

ACE-EV X1 Transformer – Australian-based start-up plans a small range of affordable EVs focused on light commercial duties. $5 Audi e-Tron S – triple motor version of the regular e-Tron arrives early in 2022 priced from $165,600 (plus on-roads), delivering more performance and slicker dynamics. Expect circa-$50K pricing.

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