Under former CEO Jim Hackett, Ford was criticized by analysts for moving too slowly on its turnaround and future vehicle plans. But those plans have accelerated under CEO Jim Farley, who took over last October. DETROIT – Ford expects 40% of its global sales to be battery-electric vehicles by 2030 as it adds billions to […]
Ford and BMW lead $130 million round in EV battery start-up Solid Power
Ford and BMW are leading a $130 million funding round in a solid-state battery start-up, Solid Power. The automakers hope to use the next-generation batteries in electric vehicles by the end of this decade. Solid-state batteries can be lighter, with greater energy density and provide more range at a lower cost than today’s EVs with […]
Ford plans to develop and produce electri vehicle batteries
DETROIT: Saying that it wants to control the key technology for electric vehicles, Ford plans to open a battery development center near Detroit by the end of next year. The company said the 200,000-square-foot facility will have equipment to design, test and even do small-scale manufacturing of battery cells and packs. The $185 million lab […]
Chevrolet Launches 2022 Bolt EUV With A Nationwide Network Takeover On Volta Charging Stations
SAN FRANCISCO and DETROIT: Volta, the industry leader in commerce-centric electric vehicle (EV) charging networks, is partnering with Chevrolet to help introduce the new, all electric 2022 Bolt EUV and the redesigned Bolt EV. The Bolt EUV is part of GM’s overall electrification push to launch 30 new electric vehicles by 2025. Volta was chosen […]
