Automakers and suppliers are breaking ground on battery factories across the United States as they race to go all in on EVs by the end of the decade. Car companies […]
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Back to news homeFord posts Q2 profit, expects to produce 14,000 EVs this month
Ford Motor has dodged some of the pain and losses that rival General Motors experienced in the second quarter. Ford reported Wednesday $40.2 billion in revenue, a 50% increase from […]
3 indicators to watch for on Ford Q2 earnings day
While much of the automotive industry has suffered a downturn due to a lack of supply to meet pent-up demand, Ford has bucked the trend. At least, in terms of […]
Why LFP batteries are poised to bring down entry-level EV prices
An older, cheaper and safer battery technology already dominating China’s electric vehicle industry is now poised to reshape battery manufacturing worldwide and boost EV sales in the United States — […]
Amid recalls, Ford says costs to build Mustang Mach-E are skyrocketing
Ford Motor is preparing for an economic downturn, despite steady consumer demand for new vehicles, according to the automaker’s chief financial officer. Even though Ford has seen record profits and […]
Chrysler’s first EV draws inspiration from the Pacifica minivan
Chrysler’s new EV will create a new category, drawing upon lessons learned from designing the brand’s minivan, according to chief design officer Ralph Gilles. “Chrysler was one of those brands […]
Argo AI launches driverless autonomous vehicle testing in Miami, Austin
Argo AI, the autonomous vehicle technology company backed by Ford and Volkswagen, is launching driverless operations in Miami and Austin, a significant milestone for the startup that illustrates its progress […]
Rivian founder RJ Scaringe snaps up $1M worth of EV maker’s stock
Rivian founder and CEO RJ Scaringe bought 41,000 shares of company stock worth about $1 million, a securities filing posted Monday afternoon shows. The latest proxy filing, which pre-dated this […]
3 predictions for Rivian’s Q1 earnings
Rivian, the Irvine, Calif.-based electric vehicle startup, has faced mounting production pressures since launching late last year in one of the largest IPOs in U.S. history. In March, the company […]
Rivian shares down more than 17% following report of Ford sell-off
Rivian’s stock price fell more than 17% Monday, a drop prompted by a CNBC report that Ford was selling 8 million shares of the EV automaker. Ford held a 12% […]