The new $5 billion plant, set to begin construction in summer, will have capacity to build 400,000 all-electric vehicles annually and employ 7,500 workers when fully operational. Production is slated to begin in 2024.
Ford Pro Charging is the automaker’s new arm tasked with helping convert commercial customers to all-electric trucks. Ford expects to capture over $1 billion of revenue from the charging business by 2030.
The new BMW is based on an upcoming facelifted version of the Chinese-market long-wheelbase 3-Series – a model not currently sold outside of China – which is 6.4 ins. longer than the existing standard-wheelbase 3-Series sold in North America.
The new partnership aims to be a dominant player in nationwide EV charging infrastructure development. “Something like 53% of private vehicles are not garaged,” former auto executive Mark LaNeve says in citing challenges ahead.
Abigail Wulf, head of the Center for Critical Minerals Strategy at Securing America’s Future Energy, warns that with increasing demand for electric vehicles and batteries, the U.S. might not have sufficient raw material supplies.
Toyota’s plant will open in 2025 with four production lines, each able to produce enough batteries to power 200,000 vehicles per year. Toyota wants to expand to at least six production lines, bringing its total production capacity to 1.2 million...
The battery-electric CUV won’t arrive until next fall, and it’ll cost more than projected.
We drive the ’22 Nissan Rogue featuring a variable-compression 1.5L 3-cyl. turbo, the latest application of the Japanese automaker’s award-winning technology that shifts the engine between high and low compression depending on demand.
Toyota believes ICE-augmented hybrid and PHEV powertrains can plot a much quicker path to reducing overall industry CO2 output for many users than a blind plunge into BEVs for all, says Gill Pratt, the automaker’s chief scientist.
