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Visiting Ford EV Center, Biden says, “The future of the auto industry is electric”

Plug in America

This week, President Joe Biden visited the Ford Motor Company Rouge Electric Vehicle Center in Dearborn, Michigan, getting a preview of the all-electric version of their F-150 pickup truck, the highest-selling vehicle in the country. The future of the auto industry is electric,” said President Biden. There’s no turning back. …

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Stellantis looks to invest $2.8B in Canada to boost electric vehicle production

Teslarati

The announcement of the investments was shared by the company on Monday. . According to Stellantis North America chief operating officer Mark Stewart and Canadian Prime Minister Justin Trudeau, the company’s Windsor and Brampton, Ontario facilities will be getting an EV overhaul. Stellantis will be spending $2.8

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BrightDrop: GM’s silent push into electric commercial vehicles

Charged EVs

They’ve seen Super Bowl ads for the GMC Hummer EV , or heard news about the lengthy, painful Chevrolet Bolt EV battery recall. BrightDrop offers a fascinating window into the breadth of GM’s EV plans, though even many people in the auto industry know little about it. The company has committed $800 million to that conversion.

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Ford doubles EV goal for 2023 and has a new semiconductor partner to help

Teslarati

“It’s a really new experience for this big company, trying to be agile. GM’s GMC brand will have the Hummer EV releasing in the coming months to contribute, but a spokesman for the company said that General Motors was already approaching 300,000 sales globally through the first three quarters of 2021.

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How 2023 will be Tesla’s true ‘breakout’ year

Teslarati

Despite Tesla accomplishing so many incredible things over the past fourteen years, from basically financial ruin to the most valuable automaker in the world, 2023 is a chance for the company to truly break away from its competitors once and for all. It just has to come through on its promises. ” I’d love to hear from you!

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GM’s epically bad year still earned it $10 billion – but that’s not due to EV sales

Baua Electric

Plus it has outlined its upcoming EV strategy, and how it plans to hurdle the fallout from Cruise , which already cost the company $2.7 GM forecasts its total US auto industry sales to hit 16 million in 2024, but it has dropped its goal of making 400,000 EVs through mid-2024. billion last year. of its total volume.

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Welcome to the Year of the EV—Whatever It Will Be

Clean Fleet Report

More than a dozen major companies cancelled plans to attend and display due to the resurgence of COVID-19 variants. That also portends another substantially profitable quarter for the company. The impact on the auto industry, particularly the still growing electric sector, could be profound. What’s all this mean?