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Toyota 3-row EVs, lower-priced Ford EVs, Honda EV hubs, Mazda EZ-6: Today’s Car News

Baua Electric

More lower-priced Ford EVs are on the way, the automaker said, as it reported a massive loss on its EVs for the first quarter of the year. As executives explained, Ford has managed to cut costs with the Mustang Mach-E EV, but it can’t keep up with the price cuts needed to stay competitive. This and more, here at Green Car Reports.

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GM, Samsung win tax breaks for proposed $3.5B battery plant in Indiana

Baua Electric

Normal Motors seems to be transferring ahead with a plan to manufacture an electrical car battery plant in northern Indiana. Development of the Indiana facility — two structures totaling 3 million sq. million once a year for a decade towards infrastructure prices, in line with the county. The automaker has proposed spending $3.5

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Toyota 3-row EVs, Tesla price cuts, electric G-wagen, airless tires: The Week in Reverse

Baua Electric

Which automaker priced its hardware set allowing its EVs to back up the home? The Tesla Model Y undercuts the Model 3 by $5,000 —for those who are EV tax credit eligible—under the latest round of Tesla price cuts made last weekend. made electric SUV —in Princeton, Indiana, starting in 2026. Toyota confirmed a second 3-row U.S.

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Stellantis sees Q1 2024 drop in revenue, but EV sales were up

Baua Electric

The auto giant saw net revenues of €41.7 Stellantis attributed the drop primarily to the new product portfolio transition and the reduction of inventories to reinforce strong relative pricing ahead of product launches in key regions. ad* FTC: We use income earning auto affiliate links. Get started here. –ad*

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Cummins, Daimler and Paccar spouse on $3 billion battery plant for electrical vans

Baua Electric

the Indiana-based diesel and herbal fuel engine producer, will spouse with two truck producers and China’s EVE Power Co. Those will trade in lower price, longer presen and larger protection than alternative battery chemistries, the corporations mentioned. Cummins Inc., to manufacture a battery plant in the USA. A space of U.S.

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Stellantis sees a drop in Q1 2024 revenue, ahead of BEV launches

Teslarati

“We are reducing inventories to reinforce our strong relative pricing ahead of our new or mid-cycle product launches this year in key regions.” In recent months, Stellantis has been faced with multiple rounds of job cuts , as much of the auto industry, especially in the BEV space, has seen a downtrend throughout this year.

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Fisker confirms potential EV partnership with “large automaker”

Baua Electric

The announcement, first reported by Automotive News , came directly from Fisker’s fourth-quarter 2023 earnings report Thursday. Should it reach production, the Pear’s low base price could put it into competition with the reconstituted Chevrolet Bolt EV. The company reported a $463 million net loss for the quarter.

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