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Hyundai Metaplant America to boost its EV sales in the USĀ 

Teslarati

Hyundai Motor Group’s Metaplant America (HMGMA ) in Georgia will likely boost its electric vehicle (EV) sales in the United States. The Asian car company is also building a $5 billion EV battery cell plant with SK ON in Georgia, which is expected to employ 3,500 workers. Hyundai Motor Group is investing $7.59 billion in HMGMA.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

As of June 15, 2022, Ford will no longer offer the opportunity to purchase its three all-electric vehicles, the F-150 Lightning, Mustang Mach-E, and E-Transit Van, for new leases. Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning.

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Rivian cuts offer with Tesla for Supercharger get admission to, following Ford, GM

Baua Electric

The Rivian offer is equal to oaths Tesla revamped the endmost pace with Ford and GM, which shocked business witnesses since there was once modest signal that non-Tesla automakers have been able to leave the CCS same old they’ve been the usage of on their electrical cars. Ford CEO Jim Farley joined Musk for the announcement.

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Hyundai & Kia take second place after Tesla in US EV sales

Teslarati

South Korean automakers Hyundai and Kia placed second together in US electric vehicles (EV) sales after Tesla, beating Detroit-based legacy automakers Ford and General Motors. Based on sales data from S&P Global, Hyundai Motor Group is behind big names in the global auto market, including Toyota, Ford, and General Motors.

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Ford announces Smart Mobility plan; 25 initial projects

Green Car Congress

At CES, Ford CEO Mark Fields announced ā€œFord Smart Mobilityā€—a plan to use innovation to take Ford to the next level in connectivity, mobility, autonomous vehicles, the customer experience and big data. Smart Mobility builds upon Fordā€™s Blueprint for Mobility ( earlier post ). —Mark Fields.

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Ford to invest $1.8B in R&D in China

Green Car Congress

Ford Motor plans to invest RMB 11.4 The investment will allow Ford significantly to build up its research and development capabilities in the country—especially at its Nanjing Research and Engineering Center (REC)—and will help Ford create more world-class vehicles in China, for China. billion (US$1.8

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Ford opens new Silicon Valley research center; focus on connectivity, mobility, autonomous vehicles, big data

Green Car Congress

Ford has opened its new Research and Innovation Center Palo Alto, growing its global research team and accelerating the companyā€™s work in connectivity, mobility, autonomous vehicles, customer experience and big data. At Ford, we view ourselves as both a mobility and an auto company, as we drive innovation in every part of our business.

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