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Ford asks suppliers for ideas to cut EV costs in an all-win-or-lose push for profitability

Baua Electric

In a new memo, Ford asked suppliers about ideas to cut EV costs after its Model e unit continued to bleed billions in Q1. Ford has already delayed several projects, including its three-row electric SUV , as it works to “substantially reduce the costs of the batteries,” according to CEO Jim Farley.

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I just bought a super-cheap electric bike from China. It was a bad idea

Electrek

But not the ones with the price tags that make you go, “Honey, how can we afford not to?!” Say hello to the Mihogo Mini, an ultra-low-cost electric bike direct from China. It was a bad idea appeared first on Electrek. And that’s exactly the story of my latest weird little e-bike purchase.

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Caltech’s SSPD-1 Is a New Idea for Space-Based Solar

Cars That Think

Several recently published deep-dive analyses commissioned by NASA and the European Space Agency have thrown cold water on the hope that space solar power could affordably generate many gigawatts of clean energy in the near future. Hajimiri: Our idea is to deploy a fleet of these sail-like structures that then all fly in close formation.

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Old Nissan Leaf becomes affordable road trip after 160-mile battery upgrade

Teslarati

With demand for electric vehicles surging and used prices getting pushed sky high, some may think that the idea of a sub-20,000 dollar EV with more than 70 miles of range is just a fever dream. The silver 2013 Nissan Leaf posted by user sctbke is a sleeper for sure, but an affordable one. What do you think of the article?

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New Jersey Approves Additional EV Road Use Taxes

The Truth About Cars

EV buyers don’t pay gas taxes, slashing millions out of state highway budgets and making it hard to afford planned improvements. New Jersey isn’t the only state that has tossed around ideas for extra taxes on electric buyers, but the move could put a dent in the already bumpy road EVs face.

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Tesla Optimus price to be less than $25k-$30k over time: Elon Musk

Teslarati

The Tesla CEO noted that while the complexity per unit mass is much higher with humanoid robots, he still believes that the cost of a robot would be around half of a vehicle. ” This hints that the Tesla Bot, at least in the long term, could very well be an affordable product that is attainable to a significant number of consumers.

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Ron Baron on Tesla $TSLA stock: ‘Now is the bottom’

Teslarati

How will Tesla compete with automakers that have released affordable models that are comparable to their best-sellers that are not as competitively priced? Tesla’s Q1 2024 Earnings Call seemed to put some rest to the questions that lie before it. When will a dedicated Robotaxi be released? He believes Robotaxi will be coming soon.

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