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As EV Sales Growth Slows, Automakers Accelerate Hybrid, Plug-In Plans

As EV Sales Growth Slows, Automakers Accelerate Hybrid, Plug-In Plans

Volkswagen “remains committed” to its aggressive EV program, the automaker’s U.S. chief executive said. But, as sales growth slows, the German auto giant is also considering adding hybrids and plug-in hybrids to its American fleet. And it’s not alone. Other manufacturers who’ve made major commitments to EVs, such as Kia, are also turning to hybrids to help them meet emissions targets because of consumer resistance to all-electric vehicles.

Ford CEO Farley Reveals “Skunkworks” Program Developing Low-Cost EV

Ford CEO Farley Reveals “Skunkworks” Program Developing Low-Cost EV

With EV sales growth flattening out, automakers are struggling to find ways to charge them back up. A critical step will require the launch of new, affordable models like the Model 2 Tesla reportedly is developing. During an earnings call, Ford CEO Jim Farley said he’s not planning to cede the market to his rival, revealing that the second-largest Detroit automaker has a “skunkworks” project underway to develop new EVs that could match, perhaps even undercut what Tesla is working on.

Rivian Announces March 7 Reveal for Lower-Priced R2 Line

Rivian Announces March 7 Reveal for Lower-Priced R2 Line

Rivian plans to take a step closer to becoming a full-line automaker next month, the automaker confirming it will reveal its R2 line on March 7. Smaller than the existing R1T pickup and R1S SUV, the R2 models also will be more affordable, officials last year indicating they could start around $40,000. Get the details at Headlight.News.