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EV Models

In the wee hours of this morning, Ford announced changing its EV strategy amid uneven sales and huge financial losses Its first EV on its forthcoming new EV platform will be a midsized truck, not a compact truck or crossover.

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Rivian-Jeep-EV-boss

Rivian (RIVN) is losing its vice president of manufacturing, Tim Fallon, to Jeep, Dodge owner Stellantis (STLA) to spearhead its upcoming EV offensive in the US.

Rivian loses EV manufacturing

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In a negative month in the overall market (down 12% to 35,386 sales), June saw plugin registrations also drop by 15% YoY, to 16,089 units.

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In June, new passenger car registrations in Germany increased by 6.1% year over year to 297,329 units, taking the first-half result to 1,471,641, up 5.4% year over year. Unfortunately, plug-in car sales continued to decrease.

The total number of new

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Ford Motor Company reported 190,014 new vehicle sales in May, up 11% year-over-year, and totaling 877,685 in the first five months of 2024—up 5.6% from the previous period. And despite Ford's own recent remarks about slowing down on all-electric vehicles,

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Call it the “cold feet” era of the electric vehicle race.

Since the latter part of the last decade, nearly every major car company made a big show of their aggressive plans to expand their electric lineups, with some even

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