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.
Hyundai's latest battery electric vehicle, the Ioniq 5, has a cool, futuristic style, albeit somewhat similar to competing BEV CUVs. However, with its pixel theme, Hyundai takes minimalism to a new level.
An Italian court has upheld eight separate claims that Miko, the latest competitor in the field of supplying synthetic materials for premium car brands, has made marketing statements for its product, Dinamica, that are shown to be unsubstantiated.
“Many suppliers can actually use their existing capabilities and know-how to operate in the BEV space,” says Ford’s Frank Abkenar. ZF is in the middle of making just this change, says Michael Ebenhoch, who heads electrified powertrain tech for the...