Ford

EV Ambitions on Hold: Ford Delays Canadian Electric SUV Production
EV Ambitions on Hold: Ford Delays Canadian Electric SUV Production
July 22, 2024  |  Transportation

Ford has announced its revised strategy for its Oakville Assembly plant in Canada, originally slated for electric vehicle (EV) production. Instead, the facility will focus...

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EV Sales Tick Up as Payment Challenges Define the Road Ahead
EV Sales Tick Up as Payment Challenges Define the Road Ahead
July 05, 2024  |  Transportation

As U.S. consumers take to the road this summer, the state of electric vehicles hangs in the balance and the payments industry grapples with the...

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Automakers Offer Discounts as Inventories Rise to Pre-Pandemic Levels
Automakers Offer Discounts as Inventories Rise to Pre-Pandemic Levels
May 23, 2024  |  Retail

The U.S. car market is reportedly experiencing a surge in inventory levels, prompting automakers to offer significant discounts on their vehicles for the first time...

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Musk Promises Tesla Robotaxis Amid Rocky EV Market
Musk Promises Tesla Robotaxis Amid Rocky EV Market
April 07, 2024  |  Transportation

Tesla CEO Elon Musk says the company will debut a robotaxi this summer. “Tesla Robotaxi unveil on 8/8,” Musk wrote on X Friday (April 5). The...

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Declining Sales, Production Setbacks Add Miles to Bumpy EV Journey
Declining Sales, Production Setbacks Add Miles to Bumpy EV Journey
April 05, 2024  |  Transportation

Barely a week following the launch of Xiaomi’s highly anticipated electric car, which catapulted the electric vehicle (EV) market into the limelight, other original equipment manufacturers...

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Electric Vehicle Sales Slow Amid Mainstream Consumers’ Concerns About Recharging
Electric Vehicle Sales Slow Amid Mainstream Consumers’ Concerns About Recharging
March 13, 2024  |  Transportation

Automakers are reportedly anticipating a slower rate of growth in sales of electric vehicles (EVs). While early adopters contributed to a rapid rise in EV...

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Auto Loans Go Green to Boost Electric Vehicle Adoption
Auto Loans Go Green to Boost Electric Vehicle Adoption
March 01, 2024  |  Loans

Following a record-breaking 2022, marked by the sale of over 10 million electric cars worldwide, the electric vehicle market has hit a speed bump in the United States,...

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Earnings Season Shows Electric Vehicles’ Road to Ubiquity Has Curves and Bumps Ahead
Earnings Season Shows Electric Vehicles’ Road to Ubiquity Has Curves and Bumps Ahead
February 27, 2024  |  Technology

Earnings season’s puts and takes in the electric vehicle industry show just how long and winding the road will be to ubiquity. There will be...

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Hertz Weighs Layoffs Amid Pivot Away from EVs
Hertz Weighs Layoffs Amid Pivot Away from EVs
February 06, 2024  |  Earnings

Hertz is reportedly considering layoffs after selling part of its electric vehicle fleet. The car rental giant on Tuesday (Feb. 6) reported quarterly and year-end earnings showing that...

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