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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. The three-row electric SUV made in Canada that was originally supposed to be released this year, is now dead despite the brand investing $400 million in the vehicle’s development. The Ford F-150 Lightning’s replacement once due in 2025, now won’t happen until 2027. Ford has reduced spending on EVs by 10%, and instituted a new policy that says if an…
Ford on Wednesday said it plans to launch more hybrids and cut back on a previously announced battery-electric vehicle as it adjusts to the changing landscape for electrified vehicles. The automaker said its changed roadmap is aimed at lowering prices, particularly for EVs whose buyers today are more cost conscious compared to the early adopters of previous years. The new roadmap is also aimed at capitalizing on increasing demand for hybrids. A direct consequence of this will be a reduction in investment in EVs from about 40% of Ford’s annual capital expenditures at present to 30%. 3-row electric SUV out,…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! The Anker SOLIX F3800, combined with the new Home Power Panel, is the most accessible whole-home backup power system around right now. It can power your home in a power outage, can be used as a comprehensive backup solution for off-grid homes, and function as the hub of a permanently installed solar energy system for everyday use, seamlessly harnessing the sun to power your home. Anker made a name for itself in the consumer electronics space over the last decade with a range of…
Despite improved gross margin, Leapmotor’s losses continued to widen in the second quarter as it saw record quarterly R&D investments. Chinese electric vehicle (EV) maker Leapmotor saw gross margin move back above zero last quarter, while net losses widened as R&D investment increased. Leapmotor reported revenue of RMB 5.36 billion ($747 million) in the second quarter, up 22.62 percent year-on-year and up 53.73 percent from the first quarter, according to its unaudited financial report released yesterday. Leapmotor delivered 53,286 vehicles in the second quarter, up 56.76 percent year-on-year and up 59.49 percent from the first quarter, previously published data showed.…
On today’s episode of Quick Charge, Tesla’s weird new cooler faces off against Rivian’s clever new camp kitchen, Uber’s CEO thinks Elon is underestimating the problem, and NIO shows off its new rival to the best-selling Tesla Model Y. PLUS: Ford give its dealers a sneak peak at its EV product roadmap and a Texas solar farm puts more than 6000 sheep to work mowing the lawn. Source Links Prefer listening to your podcasts? Audio-only versions of Quick Charge are now available on Apple Podcasts, Spotify, TuneIn, and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday…
New EVs often have teething issues that negatively impact reliability, even if the core technology is solid. We generally say that old, proven cars like the Nissan Leaf and Tesla Model 3 are safer bets for reliability-oriented buyers. A new video from Out Of Spec, however, shows that even the most mature cars can have gremlins. It’s been a bad week for our friends at Out Of Spec Studios. A Volvo EX30 had an electrical fault and a “do not drive” warning while they tested it. Then the channel’s long-term VinFast VF 8 left Jordan stranded when it bricked itself.…
Acura on Thursday unveiled a striking SUV concept that previews the next electric vehicle it has in the pipeline. The new Performance EV concept was unveiled at 2024 Monterey Car Week currently underway in California, and previews a vehicle due to enter production in late 2025 at parent company Honda’s sprawling Marysville Auto Plant in Ohio. The batteries will also be sourced from the site which is being revamped for EV production. Honda already refers to the site as the Honda EV Hub. Acura’s Performance EV concept is a fastback crossover whose striking lines will likely be toned down for…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Why would a retired Rolls-Royce executive buy an electric Lexus? My curiosity made that the most pressing question I had for George at our recent coffee morning interview. Rolls-Royce is owned by BMW. Why not an electric Beemer? The BMW electric offerings were too big when he was ready to purchase (early this year), he tells me. He would have considered the iX1, but it came out 6 months too late. George’s Lexus visits coffee, cake and EV’s at the Bracken Ridge Tavern. Photo…
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News! Powering very large ships with batteries may seem difficult and expensive. But don’t jump to conclusions too quickly. Battery prices have come down a ton in recent years, energy density has improved greatly, and a bit of creativity using swappable batteries makes it all the easier and more efficient. And now, it’s being done with an extremely large container ship — in China, of course. When I saw the news on this recently, I sort of skipped over it because I thought we had…
Former President Donald Trump says a lot of things that aren’t true. One recent “alternative fact” related to electric vehicles was so off that we felt the need to correct the record. No, this isn’t about politics or the upcoming election; it’s just what we do. When people spew nonsense about EVs—or in this case, EV charging—InsideEVs claps back and brings receipts. In at least three recent speeches—including his address at the Republican National Convention and at rallies in North Carolina and Atlanta—Trump said that President Joe Biden’s administration has spent $9 billion on “eight chargers.” It’s an eye-popping figure,…