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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford Motor Company and its financing subsidiary, Ford Motor Credit Company, introduced the North America auto industry’s first sustainable financing framework, focusing on and paying for ambitious plans in vehicle electrification and other environmental and social areas. Vigeo Eiris, an arm of Moody’s Corp.,

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Shell is shedding some gas stations in favor of EV charging

Baua Electric

Shell plans to eliminate some of its current gas stations while putting further emphasis on EV charging. “We are upgrading our retail network, with expanded electric vehicle charging and convenience offers, in response to changing customer needs,” Shell said in its 2024 Energy Transition Strategy report (via Yahoo!

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Ford cutting F-150 Lightning production workforce by two-thirds

Teslarati

The Michigan Assembly plant is getting a third shift as Ford continues to lean on gas vehicle sales to bolster its finances. I took a Ford F-150 Lightning to Tesla Superchargers: The Good and Bad According to the President of UAW Local 862 in Louisville, Kentucky, Todd Dunn, battery tech is the main holdup in why purchasing has slowed.

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Obama Administration launches series of actions to accelerate EV adoption; inc. $4.5B in loan guarantees, pursuing 350 kW fast charge

Green Car Congress

The collaboration, forged by the White House in partnership with DOE and the Department of Transportation (DOT), the US Air Force and US Army, and the Environmental Protection Agency, is centered on a set of Guiding Principles to Promote Electric Vehicles and Charging Infrastructure. 46 organizations have signed on to the principles so far.

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Your Guide to Electric-Vehicle Charging-Station Tax Credits

EV Connect

Installing electric-vehicle (EV) charging stations on your property can benefit your business in many ways — from attracting customers to luring top talent. On the federal, state and local levels, there are a plethora of tax credits for installing electric-vehicle charging stations.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

Green Car Congress

Ascend Elements will plan, design, and build Apex 1 on an existing greenfield site in Hopkinsville, a disadvantaged community (DAC) in southwestern Kentucky. Construction is expected to begin in 2023, subject to permitting and project financing, with first production targeted for 2025.

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Camry hybrid, Ioniq 5 N reviews; Prius and Cybertruck recalls; Highlander EV: The Week in Reverse

Baua Electric

Which EV maker is grading how reliably fast-charge stations work with its vehicles? Rivian charging grades for trip planning – Software Update 2024.11.01 That includes four-wheel steering and CrabWalk capabilities, plus GM’s SuperCruise and the same very high-power charging rates as the GMC Hummer EV. gas stations.