While Ford, General Motors and other makers are scaling back on their EV and battery production plans, Toyota revealed Tuesday it’s doing just the opposite by investing an additional $8 billion into its Toyota Battery Manufacturing North Carolina facility. Get the details at Headlight.News.
Cadillac is getting ready to roll out the most expensive vehicle in its history, the exotic Celestiq set to start at just over $300,000. But one customer will wind up paying more than three times that, at least if they opt for a one-off version included in this year’s annual Neiman Marcus Fantasy Gifts list. Checkout out at Headlight.News.
When Stellantis reached a tentative settlement with the UAW on Saturday there was a surprise buried in the agreement. As part of the deal, the automaker will build a long-awaited midsize pickup at the Belvidere, Illinois assembly plant it recently closed. And the new truck is likely to get a hybrid, possibly even an all-electric powertrain.
Ford is rethinking its commitment to battery-electric vehicles, at least in the near term, company officials revealed during an earnings call. It might seem a logical move considering the automaker lost about $37,000 on every EV it sold during the third quarter. But Ford is by no means the only automaker rethinking its commitment as growth in the electric vehicle market slows. Read the story at Headlight.News.
Ford turned around its Q3 earnings this year, finishing in the black compared to year-ago results; however, the newly minted tentative agreement with the UAW is tempering the any enthusiasm about the results. Headlight.News has details.
If you have “Tesla becomes an EV charging company” on your list of things to happen in 2023, cross it off: BP just placed an order for $100 million worth of “ultra-fast” chargers with Tesla. The chargers will hit the U.S. next year, reports Headlight.News.
Like its parent, Toyota, luxury brand Lexus has been slow to embrace EV technology. But that may be set to change, at least based on the LF-ZC and LF-ZL EV concepts unveiled at the Japan Mobility Show. The Lexus LF-ZC could be in production by 2026, with the LF-ZL hinting at an all-electric flagship that may follow. Both introduce next-gen battery technology capable of delivering over 600 miles range.
A Subaru sports car concept isn’t as far-fetched as you might think. Just check out the Subaru Sport Mobility Concept at Headlight.News.
It’s been more than two decades since we last saw a new Honda Prelude roll into dealer showrooms. But while the automaker is officially calling the coupe debuting at the Japan Mobility Show a “concept,” there’s good reason to believe it’s a thinly disguised prototype, with a production Honda Prelude to follow in electrified form.
Just about 18 months after announcing a $5 billion partnership to develop affordable electric vehicles, General Motors and Honda ended the deal. Find out what changed to cause the split at Headlight.News.
Toyota rolled out an all-electric pickup concept during the Japan Mobility Show. Sized slightly smaller than the automaker’s current, midsize Tacoma model, it offers a number of unique features, including a pass-through bed. Toyota hasn’t confirmed production plans but is widely expected to add an EV pickup as it ramps up its electrification program. Get details at Headlight.News.
It’s four years since the last Tokyo Motor Show took place, and even then, it was fading into obscurity. Organizers hope to give it a boost of adrenaline in an updated form — and with a new name. While foreign brands are largely absent, again, there’ll be lots happening at the new Japan Mobility Show as the nation’s automakers charge in with an assortment of all-electric concepts and production models.