Lots of the modifications occurring in the automotive market in the present day, including tightened credit markets in a capital-intensive business and elevated authorities involvement are the most recent international challenges. When you’ve learn all the drawbacks of electric bikes (costly, quick-range, depending on charging infrastructure) and are nonetheless on […]
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Ford Motor Company’s CEO announced that the company was planning to increase its electric vehicle (EV) production to 600,000 cars by 2023. “The demand is so much higher than we expected,” Jim Farley said in a report by Automotive News published on Thursday, according to CNBC. “It’s a really new […]
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According to Automotive News, Transportation Secretary Pete Buttigieg isn’t aware of any Biden administration support to ban gas-powered new vehicle sales by 2035, something California plans to do. Buttigieg said he had “not heard of anything to that effect at the national or federal level,” when asked by a lawmaker […]
Dartz, a specialist SUV manufacturer from Latvia, teamed up in 2020 with a yet-to-be-disclosed Chinese company to revive historic Russian brand Freze as a modern electric-vehicle company. Last week the revived Freze unveiled its first model, a humble battery-electric hatchback called the Nikrob EV. It will be sold in a […]
HOUSTON, Feb. 3, 2021 /PRNewswire/ — BBVA Research published its January auto sales chartbook, noting vehicle sales went up 5 percent in the fourth quarter of 2020. Sales for the year declined 14.7 percent to 14.5 million units, the lowest since 2012. According to the report, demand has been supported […]