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Tesla Model Y wins U.S. News ‘Best Luxury Electric SUV’ award

Teslarati

The Tesla Model Y has won U.S. News award for “Best Luxury Electric SUV,” beating out a heavy lineup of worthy battery-powered sport utility vehicles. The Model Y first was delivered to owners in early 2020 and was the automaker’s answer to the widely-popular crossover SUV sector. News writes.

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Ford is Offering a Zero-Percent Interest Rate for Mach-E Loans

The Truth About Cars

Ford cut Mustang Mach-E pricing earlier this year, achieving its intended result of boosting demand for the electric SUV. Those numbers made it the second best-selling SUV in its class, topped only by the Tesla Model Y. Incentives are nothing new, and they don’t necessarily point to problems with Mach-E demand.

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Ford shifts focus by racing Tesla to $25k compact EV: report

Teslarati

Ford is planning to delay some electric vehicle plans in favor of a lineup of small, compact $25,000 EVs that could launch shortly after Tesla launches a car at the same price point, a new report says. Ford EV “skunkworks” team is led by a Tesla alumni CEO Jim Farley said, “We’re going to spend less capital on larger EVs.

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Ford doubles down on EVs despite heavy losses in Q1

Teslarati

Ford is doubling down on electric vehicles (EVs) despite the fact that its Model e unit reported heavy losses in the first quarter. Ford’s EV unit, called the Model e, reported plunged revenues of up to 84% to nearly $100 million in the first quarters. Tesla has acknowledged some pressure in EV market.

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Fisker unveils the Ocean SUV to compete with Tesla Model Y, Ford Mustang Mach-E

Teslarati

Fisker unveiled the Ocean all-electric SUV today at the LA Auto Show, detailing three new variants for different driving styles. Fisker’s all-electric SUV, the Ocean, was unveiled late last night in Manhattan Beach, California, just before it hit the stage at the LA Auto Show today. pic.twitter.com/2Ts49flqev. Fisker Inc.

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Honda electric SUV concept, Ford Mach-E price drop, Tesla and LG Chem: Today’s Car News

Green Car Reports

Tesla is thinking about a stake in the new battery spinoff of LG Chem. Honda previews an electric SUV for China. Prices drop on the Mustang Mach-E electric SUV before its arrival. And the Ford F-150 does good in torque, but we’re not sure yet about mpg. This and more, here at Green Car Reports.

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Ford plans affordable small electric pickup and SUV, starting around $25,000

Baua Electric

Amid a flood of new competition, Ford is shifting plans to build more affordable electric vehicles. Ford is developing a new low-cost EV platform to power a small electric pickup and SUV, with starting prices around $25,000. Ford learned “pretty quickly to bet on a smaller EV platform.”