EV Slowdown Might Be Undebatable But EV Innovation Is Unstoppable
At the beginning of June, Rivian Automotive Inc (NASDAQ: RIVN) announced the redesign of its its all-electric R1 pickup and SUV models.
Ford’s F-150 Lightning-Based Supertruck To Climb Pikes Peak Over Weekend, Keeping Up With Model T Legacy
Ford's electric F-150 Lightning supertruck will compete at Pikes Peak on June 23, testing EV powertrains for future production vehicles.
Fisker’s Bankruptcy Leaves Investors Asking Hard Questions About EV Viability
EV manufacturer Fisker filed for bankruptcy due to cash flow and manufacturing issues. Other EV makers like Tesla, Rivian, and Lucid may also face challenges.
Ford Plans Further Job Reductions in Germany, Spain, And UK: Report
Ford Motor is reportedly set to reduce its workforce further in Germany, Spain, and the U.K. as it adapts to the new demands of electric vehicle production, with detailed plans expected by the end of June.
Former Ford CEO Says Price Drop Will ‘Take Away…Big Inhibitors Holding Back The New EV Market,’ But Warns Of ‘Real Issues’
Mar Fields shared his views on the impact of declining electric vehicle (EV) prices on the new market and the used car market.
Peering Into Ford Motor’s Recent Short Interest
Ford Motor’s (NYSE:F) short percent of float has risen 8.81% since its last report. The company recently reported…
Elon Musk’s ‘Super Difficult’ Tesla Goal, Fisker’s Troubles Just Got Worse, Faraday Future Eyes Affordable Segment And More: Biggest EV Stories Of The Week
The precarious state of the EV market was highlighted once again as Arrival plc announced its filing for bankruptcy in a Luxembourg court.
Tech Innovation To Solve EV Challenges
Tesla Inc (NASDAQ: TSLA) got the lead on the EV front as a pioneer with Elon Musk’s visionary leadership. But regulatory challenges, competition and an unfavorable macroeconomic environment made the ambitious Tesla focus on making an affordable vehicle while autonomous driving remains work in progress.
Ford To Allow All US Dealers To Sell Electric Vehicles, Scraps Model E Program
Marin Gjaja, Ford's COO of the Model e EV business division, said, "We're getting into the tough innings... They want a practical, usable vehicle."
What’s Happening With Ford’s Shares On Thursday?
Ford Motor Co (NYSE: F) is facing a downturn in shares after announcing up to 1,600 job cuts at its Valencia, Spain plant, building on last year's reduction of 1,100 positions. This move is part of Ford's strategic realignment in Europe.