The electromobility revolution is gathering speed, but the world’s EV-makers have fallen behind popular tastes in terms of the form factors auto buyers want, and this has emerged as a roadblock to mass adoption. Buyers love SUVs and pickups, and automakers love the high profit margins associated with these models. Electric SUVs are starting to… Read more »
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Lightning Systems raises $41 million for electric powertrain production
Colorado-based Lightning Systems, a developer of electric drivetrains, has raised $41 million in a recent funding round led by BP Ventures. Private equity fund Cupola Infrastructure Income Fund contributed as a new investor. Lightning will use the funding to ramp up production of electric powertrains for Ford Transits, Ford E-450s, Ford F-59 step vans, Chevrolet… Read more »
Rivian to provide skateboard chassis for electric Lincoln SUV
Last November, Rivian turned heads with its prototype pickup and SUV. Among those impressed was Ford, which invested $500 million in the EV startup and said it would use Rivian’s custom “skateboard” chassis, which includes electric motors, batteries, controls and suspension, to develop its own EV. Now Ford has announced that its first skateboard vehicle… Read more »
Ford Mustang Mach-E bursts out of the gate with a marketing blitz
Even though we haven’t driven one yet, we have no doubt that Ford’s new Mustang Mach-E electric crossover is a great vehicle – Ford wouldn’t produce a piece of crap, especially one that bears the Mustang name. But as every regular Charged reader knows, the real question is, does the company plan to do the… Read more »
The pony gets charged: Ford bets big on the Mustang Mach-E electric SUV
Is this The One? Is Ford’s new Mustang Mach-E the killer app, the tipping point, the savior of the US auto industry? We’ve been fooled too many times before to gush now, but we will say that Ford is putting some real money and prestige on the line this time. “We’ve pushed all our chips… Read more »
Trump backs down on fuel economy standards, proposes compromise figures
The War on Fuel Economy Standards took another twist, as the Trump administration backed down from its plan to freeze fuel economy standards. “People familiar with the process” told the Wall Street Journal that the administration is now considering calling for a 1.5% annual increase in corporate average fuel efficiency. This target would be a… Read more »
Senator Schumer proposes $454 billion in new funding to promote EVs
US Senator Chuck Schumer (D-New York), the current Senate Minority Leader, has proposed a plan that would invest $454 billion over 10 years to help the US auto industry accelerate the transition to electrified vehicles. Schumer’s plan would provide rebates of $3,000 to $5,000 (plus another $2,000 for low-income buyers) for owners of gas vehicles… Read more »
New partnership gives Ford PHEV drivers access to NewMotion’s European charging network
Smart charging company NewMotion, which is a member of the Shell Group, will partner with Ford to provide charging technology and infrastructure for the car maker’s PHEVs in Europe. Starting this fall, Ford customers will have access to NewMotion’s phone app, charge card, and charging network, including over 118,000 charge points in 30 countries. “Teaming… Read more »
Ford releases pix of Mustang-inspired electric crossover shredding in the snow
If there’s anything the EV world badly needs, it’s more electric SUVs and crossovers. So the plug-in press is greedily devouring Ford’s new photos showing a prototype of the automaker’s promised electric crossover. The new “Mustang-inspired” model will be Ford’s first native electric vehicle. The crossover is expected to have a range of 300 miles,… Read more »
Peninsula Clean Energy and California Energy Commission invest $24 million in EV charger incentive program
Peninsula Clean Energy (PCE), the California Energy Commission (CEC), and the Center for Sustainable Energy will partner to launch an EV charger incentive project in San Mateo County. PCE and CEC will each invest $12 million to install thousands of chargers in San Mateo County over the next four years. PCE will provide public EV… Read more »
