Tag: EV news
EV startups facing another tough quarter of high cash burn
Reuters reports that American EV startups are expected to disclose another quarter of falling cash reserves.
The report piles on the pressure for a group...
Farley confirms Apple CarPlay, Android Auto will stay in Ford vehicles
CEO Jim Farley reaffirmed Ford's commitment to continue supporting third-party apps such as Apple CarPlay and Android Auto in its vehicles during a May...
Toyota meets with U.S. officials, is ‘fully committed’ to electrification
Investors and environmental organizations have consistently criticized Toyota in recent years for its sluggish progress toward electrification, with American critics being the loudest. However,...
EV prices are dropping but has that made them affordable?
Could you buy an electric vehicle - whether new or used, with the current EV prices available on the market? How about six months...
Ford sees sales, profits increase in Q1, but struggles with EV...
The first quarter brought stronger sales volume, cash flow and profits for American auto manufacturer Ford, according to its earnings summary released May 2.
The...
Fisker Ocean reimagines fleet operations with swappable EV batteries
A variant of the Ocean all-electric SUV compatible with battery-swapping technology will be available on the market thanks to a collaboration between California-based EV...
Lordstown may face bankruptcy after Foxconn threatens to withdraw funding
Lordstown Motors could face bankruptcy after allegedly breaching its contract with Taiwanese technology manufacturer Foxconn.
According to Lordstown's filing with the Securities and Exchange Commission...
Tesla hikes prices globally after several price cuts in Q1
After lowering the cost of its best-selling models several times since the beginning of the year, Tesla revealed that it had increased its prices...
Biofuel credits for EV makers could see delay under GOP-led resistance
The Biden Administration is considering a delay to a rule proposed by the Environmental Protection Agency (EPA), which would allow electric vehicle makers to...
Toyota owners most-likely to trade in their vehicle for a used...
According to a recent report by used car dealer CarMax, Toyota was the most traded-in brand for used EVs in the U.S. between September...