Everywhere else in the world, EVs got cheaper, but in the US, tax credits disappeared, and Q4 EV sales fell 45% year-on-year.
Ferrari (RACE) shares dropped 6.27% in Milan trading on Tuesday, falling to €290.55 and wiping out roughly £3 billion in market cap a day after Maranello unveiled the Luce, its first all-electric car.
The reaction online was overwhelmingly negative …
Ford has officially unveiled Ford Energy, a wholly owned subsidiary that will manufacture and sell U.S.-assembled battery energy storage systems (BESS) for utilities, data centers, and large industrial customers. The new unit plans to produce 20 GWh of…
Ford isn’t sending the clearest signals regarding its EV future. We got a glimpse of its Universal EV (UEV) Project last February, but then it pulled the plug on the F-150 Lightning, which is regarded as one of the more successful electric pickup trucks to date. The climate surrounding electric vehicles hasn’t helped, either, between […]
Ford Racing’s new Mustang Cobra Jet 2200 just became the quickest electric car on the planet, running a 6.87-second quarter mile at 221 mph at the NHRA 4-Wide Nationals in Charlotte this weekend.
The run demolished Ford’s own previous EV record — a …
Recurrent’s analysis of over one billion miles of EV driving data finds that range loss is barely a factor for modern electric vehicles, with the average car retaining 95% of its original range after five years.
Ford is dissolving its standalone electric vehicle division — and losing the executive who built it. The automaker said today that Doug Field, its chief EV, digital, and design officer, will leave the company next month after nearly five years leading …
Doug Field had stints at Apple and Tesla before joining Ford in 2021.
Ford is shaking things up as it relates to its EV and software teams. Doug Field, who left Apple five years ago to helm Ford’s multibillion-dollar bet on electric vehicles and software, is stepping down next month. Getting a promotion will be Alan Clarke, the ex-Tesla engineer who now leads Ford’s California-based skunkworks lab. Clarke’s […]
The Volkswagen ID.4 is being discontinued in the US after years of volatile sales and the removal of key federal incentives, with VW now banking on a revamped Atlas to carry its American business.