Ford Motor Company reported a whopping $132,000 loss on each electric vehicle sold during the first three months of the year, amassing a $1.3 billion loss.
Rivian is offering discounts up to $5,000 on its EVs — and a year of free charging — to customers willing to trade in their gas-powered trucks and SUVs. The deal, which kicked off April 22, is aimed directly at some of the best-selling and most ubiquitous gas-powered trucks and SUVs on the market today, […] © 2024 TechCrunch. All rights reserved. For personal use only.
(TestMiles) - In an automotive industry racing towards electrification, Toyota takes a commanding lead with its unveiling of the 2025 Toyota Camry, marking a significant shift in the company’s strategy towards hybrid electric vehicles (HEVs). This next-gen Camry, set to hit dealerships in Spring 2024, not only challenges conventional wisdom but also positions Toyota as []
One of the largest automotive companies in the world lost $1.3 billion in its EV-only business unit known as "Model e" in the first quarter. Ford's EV division sold 10,000 cars during the three-month period of the new fiscal year, which means that the corporation lost $132,000 on every vehicle delivered to customers.Read Entire Article
Ford’s electric vehicle unit reported that losses soared in the first quarter to $1.3 billion, or $132,000 for each of the 10,000 vehicles it sold in the first three months of the year, helping to drag down earnings for the company overall. Ford, like most automakers, has announced plans to shift from traditional gas-powered vehicles to EVs in coming years. But it is the only traditional automaker to break out results of its retail EV sales. And the results it reported Wednesday show another...
Ford has recalled millions of vehicles over the past year, now including
The Federal Government will require new electric and hybrid vehicles to produce audible safety alerts when travelling at low speeds from November 2025
On Saturday, April 27, Brooks BBQ and Chicken shared the following announcement on its Facebook page:
Eleven big rigs are now hauling freight between San Diego and Tijuana through the Otay Mesa Port of Entry, trucks that run on electricity. The semis are considered the first of their kind as the state of California has started the process of phasing out diesel trucks.
The National Highway Transportation Safety Administration is recalling
As the horses passed through in Belgravia at 8.40am, it is believed builders were using a travelator with concrete when some of the concrete came off and hit the floor, causing a noise.
MARINE CORPS BASE CAMP PENDLETON, Calif. – Marine Corps Base Camp Pendleton had extended electric vehicle charger service beyond government owned electric vehicles (EVs) to personally owned EVs. As of April 22, 2024, this new resource is available to EV drivers with base access.