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

Teslarati

“The purchase of the BEV Lease is to aid in our goal of delivering carbon neutrality by 2050 by controlling the vehicle battery through its life, keeping it in the Ford network.” battery production.” battery production.” Ford confirmed to CarsDirect that its communication was legitimate.

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GM leaps ahead in lithium mining race, secures next-gen extraction deal

Teslarati

With the demand for lithium expected to surpass supply by 2030, automakers have never been more pressed to secure the resource , especially as it becomes increasingly essential for the future of their business, specifically regarding the production of electric vehicles.

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US EV Sales Share Reaches 7% in Q2 2022 — New Data Now Available?

EV Adoption

While US consumers are showing a huge appetite to buy or lease EVs, the question is if automakers can meet this demand due to supply chain issues and scaling EV productions. Five states had EV (BEV + PHEV) sales share in Q2 of less than 2% (Arkansas, Mississippi, North Dakota, South Dakota, West Virginia, and Wyoming).

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Electric bus revolution 

Electric Vehicles India

Frost & Sullivan recently analysed that the growing adoption of electric transit buses, driven by pro-green government policies, has enabled global sourcing and supply chain for alternate powertrain buses. Electric bus manufacturers initiative and progress. It is funded as a flagship project of SP Energy Networks’ £20m Green Economy Fund.

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Gas War: 25 States Sue EPA Over Updated Emissions Regulations

The Truth About Cars

But both have stated that they’re concerned about the ramifications for traditional supply chains and the possibility that the changes would negatively impact the U.S. workforce, noting that most aspects of battery production presently take place outside the country. We just aren't buying it," Coleman said.

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