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BYD Shark NEV pickup truck officially launches in Mexico 

Teslarati

BYD Shark, the Chinese automaker’s new energy vehicle pickup truck, officially launched in Mexico. BYD unveiled its plug-in hybrid electric pickup truck in Mexico on May 14, 2024. The Asian car manufacturer is offering two BYD Shark variants in Mexico. The BYD Shark will only be available in Mexico for now.

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Trump promises 100% tariff on Mexico-built Chinese cars—EV or not

Baua Electric

Former President Donald Trump has announced that he would apply a tariff of 100% to cars built in Mexico by Chinese companies for U.S.-market market sale—effectively double the previous tariffs he had seeked to apply. BMW Group Plant San Luis Potosí in Mexico Mexico already builds many U.S.

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Report: Ford's EV Skunkworks Team to Create Three Affordable Electric Models

The Truth About Cars

A few weeks ago, Ford announced that it had created an internal skunkworks team to focus on affordable EVs and a new platform to underpin them. Ford is also expected to build an EV for ridesharing services, and Bloomberg reported that Ford has fewer than 100 people working on the project. Mexico-Canada free trade agreement.

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Report: Ford CEO Says China Strategy Changing

The Truth About Cars

Ford Motor Company is tweaking plans in China and seeking to turn around financial losses after five years of lackluster sales within the region. CEO Jim Farley has reportedly returned from Asia to finalize those plans, which were reiterated during a press call about Ford’s first-quarter earnings held earlier in the week.

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Mercedes electric G-wagen review, Chinese EV tariffs, BMW and Honda EV targets: The Week in Reverse

Baua Electric

The Biden administration effectively quadrupled the tariff on Chinese EVs , accompanying tariff hikes on EV batteries, solar cells, and critical minerals. It expands beyond just EVs, however, to steel and aluminum and semiconductors, but it omitted the language from challenger Donald Trump singling out imports from Mexico as an issue.

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Ford’s EV price cuts boost demand as all-electric sales climb 80% in February

Baua Electric

Ford’s EV sales climbed 80% year-over-year (YOY) in February following aggressive price cuts last month. Ford EV sales climb in February following price cuts After EV sales slipped 11% last month in EV sales last month, Ford saw a big improvement in February with 6,368 all-electric vehicles handed over, up 80.8%

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Ford Mustang Mach-E price cuts are proving affordable EVs are in demand

Baua Electric

Ford is moving inventory after slashing prices by up to $8,100 on its best-selling electric SUV, the Mustang Mach-E , last month. Good news: Ford Mustang Mach-E price cuts are working Ford cut Mustang Mach-E prices by up to $8,100 in February with new finance and lease incentives. Ford’s Model e electric vehicle unit lost $4.7