Search Results Found For: "Tesla"

Daimler and BMW to invest a billion euros in ride-hailing JV to compete with Uber

The combination of autonomous vehicles and ride-hailing services is expected to be an extraordinarily disruptive development. Someday, providers of Transportation as a Service (TaaS) could be sitting atop the value chain, while traditional automakers end up as producers of a commodity product. Automakers aren’t sitting idly by and waiting for the market to develop. Just… Read more »

Spy photo shows plug-in Ford F-150 pickup truck

What are the two most important stories in today’s automotive world? Electrification and pickup trucks. The former represents a developing trend that’s going to disrupt and completely rearrange the industry. The second isn’t a news story, but it is the most popular product the industry has ever produced (at least in the US), a vehicle… Read more »

Global automakers planning to invest over $300 billion in electrification

Global automakers are planning an unprecedented level of investment to develop electrified vehicles and procure batteries over the next five to 10 years, according to a Reuters analysis of public data. Carmakers have announced plans to spend at least $300 billion on electrification projects. The lion’s share – some $136 billion – will be directed… Read more »

Ford hints at electric version of F-Series pickup truck

The electrification of transport is accelerating, but industry observers agree that it won’t be a truly mass-market trend until there’s an electric version of America’s favorite vehicle: the pickup truck. Now Ford has hinted at plans to launch an all-electric version of the F-Series pickup truck, which has been called the most successful consumer product… Read more »

Daimler delivers first Freightliner electric commercial truck to Penske

Daimler Trucks North America has delivered the first vehicle in its Freightliner Electric Innovation Fleet – a Freightliner eM2 – to Penske Truck Leasing. Next year, Penske will put an additional 9 medium-duty electric eM2 trucks and 10 heavy-duty eCascadia electric trucks into service in California and the Pacific Northwest. Penske will place the EVs… Read more »

Audi joins the class of 2019 with the e-tron

A new generation of EVs is beginning to appear on the roads, and these cars have what it takes to compete head-to-head with fossil fuel vehicles. They offer more than enough range to cover anyone’s daily commute, and thanks to vast new charging networks such as Electrify America and Europe’s Ionity, they are increasingly able to… Read more »

PlugStar aims to break the EV dealership deadlock

As anyone who follows the EV scene has surely noticed, auto dealerships are widely considered to be a major bottleneck on the road to EV adoption. Sales staff tend to be poorly informed about plug-in vehicles, and many dealerships make little effort to present them to buyers as an option. In the worst cases, salespeople… Read more »

Bullish on batteries, Daimler to invest more than $23 billion in battery cells by 2030

To support its goal of electrifying the entire Mercedes portfolio by 2022, Daimler plans to invest more than €20 billion ($23 billion) in battery cells by 2030. The company will also invest €10 billion in expanding the Mercedes-Benz electric fleet and €1 billion in its global battery production network. Daimler currently has battery supply deals… Read more »

Keeping federal EV tax credit alive a tough sell for GM as it lays off workers and closes factories

General Motors is fighting to retain the $7,500 federal tax credit for plug-in vehicle purchases, but the company’s recently announced layoffs and plant closings may make it a tough sell in Washington. As GM nears the 200,000-vehicle cutoff point after which the tax credit will be phased out, the incentive’s very existence is uncertain. One… Read more »