Ford scraps F-150 Lightning, takes $19.5B hit as EV demand declines
On the Dash:
Ford has canceled the successor to the F-150 Lightning, known as the T3 truck, and has shelved its plans for electric vans, shifting its focus to a...
TSLA390.220-7.23%
GM86.000-0.25%
F11.9200.02%
RIVN12.180-0.62%
CYD21.7400.59%
HMC34.3000.77%
TM212.4302.75%
CVNA72.3701.53%
PAG212.0000.21%
LAD296.520-0.65%
AN177.750-2.76%
GPI260.2102.92%
ABG197.170-2.44%
SAH59.480-0.7%
TSLA390.220-7.23%
GM86.000-0.25%
F11.9200.02%
RIVN12.180-0.62%
CYD21.7400.59%
HMC34.3000.77%
TM212.4302.75%
CVNA72.3701.53%
PAG212.0000.21%
LAD296.520-0.65%
AN177.750-2.76%
GPI260.2102.92%
ABG197.170-2.44%
SAH59.480-0.7%
TSLA390.220-7.23%
GM86.000-0.25%
F11.9200.02%
RIVN12.180-0.62%
CYD21.7400.59%
HMC34.3000.77%
TM212.4302.75%
CVNA72.3701.53%
PAG212.0000.21%
LAD296.520-0.65%
AN177.750-2.76%
GPI260.2102.92%
ABG197.170-2.44%
SAH59.480-0.7%
electric vehicles
Tesla shares surge toward record as AI optimism fuels rally
On the Dash:
Tesla shares closed near a record high after more than doubling from April lows.
Investor optimism around AI and automation is driving the rally more than EV...
EU weighs easing 2035 combustion-engine ban as automakers seek relief
On the Dash:
EU officials are considering loosening the 2035 ban on combustion engines, including a possible five-year extension, amid industry pressure and job concerns.
Automakers warn current rules could...
US DOE trims $9.6B loan as Ford, SK On end EV battery partnership
On the Dash:
DOE will cut the $9.6B loan to Ford and SK Innovation following the breakup of their EV battery joint venture.
SK On will take control of the...
Global EV sales slow to 6% in November
On the Dash:
U.S. EV sales have declined since federal tax credits ended, signaling slower demand for dealerships in North America.
Europe remains a growth hotspot, with registrations up 36%...
Tesla sales slump 23% in November as Standard EV demand underperforms
On the Dash:
Tesla’s U.S. November sales dropped 23% to 39,8000 vehicles, the lowest since January 2022.
Lower-cost Standard Model 3 and Model Y variants failed to drive robust demand.
...
Ford Pro launches Telematics asset tracking and software upgrades for year-end fleet efficiency
On the Dash:
Ford Pro has launched new Telematics features, including Asset Tracking, which enhances GPS tracking, battery monitoring, and overall fleet visibility.
The latest software updates provide improvements in...
Rivian unveils custom self-driving chip and Autonomy+ package, shares drop 8%
On the Dash:
Rivian unveiled its first custom self-driving chip and a lower-cost Autonomy+ driver-assistance package.
Autonomy+ costs $2,500 or $49.99/month, far below Tesla’s $8,000/$99 options, and supports 3.5M miles...
Lucid to release software update for Gravity SUV after reviewer complaints
On the Dash:
Lucid will release a software update for the Gravity SUV to fix glitches and improve features.
The update follows critical reviews highlighting software issues.
Leadership was reshuffled...
Ford, Renault team up on EVs and explore European commercial vehicle collaboration
On the Dash:
Ford and Renault will co-develop two Ford-branded EVs for Europe, using Renault’s Ampere platform.
The partnership addresses EV challenges, including low volumes, range anxiety, and limited charging...
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