GM reveals it’s dropping the Ultium name from its batteries and EV tech as the company adapts to changing market conditions in the EV market and makes adjustments to its broader strategy.
EV news
Ford CEO Jim Farley Says Chinese EV Industry a Threat To Ford
Ford CEO Jim Farley confirms that the Chinese EV industry is rapidly rising as a threat to the company’s business as Ford attempts to learn and adapt to an evolving EV market where Chinese automakers could emerge as potent contenders in multiple EV segments.
Acura and Honda Confirm Plans For Electrified NSX Replacement
Honda and Acura confirm that they are developing electrified sports car to replace the NSX. The new model might also use a new moniker instead of continuing the NSX story.
Lucid CEO Says Company Has Surpassed Tesla As Tech Leader
Lucid CEO Peter Rawlinson says that the company has surpassed Tesla as tech leader in the EV segment as the company prepares to heat up its rivalry with Elon Musk with the upcoming release of the Gravity three-row EV SUV.
Public Charging Headaches Frustrate Potential EV Buyers
There are a variety of problems slowing the growth of battery-electric vehicle sales. But as the range of the typical EV grows, while new models are coming in at more affordable prices, the lack of a viable public charging network is becoming the most serious headache for both EV owners and potential buyers.
GM CEO Mary Barra Backtracks on EV Goals, Confirms Push Into Hybrids
GM CEO Mary Barra confirms that the company has backtracked on its EV plans as slowing growth in the segment is forcing the company to shift towards expanding into PHEV and hybrids in an attempt to comply with tightening efficiency and emissions standards.
Jaguar Axes Nearly all of its Models To Prepare For EV Comeback
Jaguar is doubling down on its EV gamble with the brand confirming its axing nearly all of its models to make room for the new arrivals including a luxurious GT car and other electric vehicles.
Biden Administration Doles Out $1.1B to GM, Stellantis to Convert Plants to EV Production
Although EV sales aren’t going at breakneck speed these days, automakers are still churning out new models and planning for future models. To make that easier, the Biden administration awarded $1.1 billion in grants to General Motors and Stellantis to convert existing plants to build electric vehicles and components. Get details at Headlight.News.
Electrify America Announces Pilot Program That Limits Vehicle Charging
Electrify America announces new pilot program that limits the amount of time vehicles spend at a charging station as the company attempts to address long wait times and availability of charging stations with new pilot program.
Rivian Gets $5B Investment from Volkswagen
Larger automakers just can’t seem to stay away from EV startup Rivian. Ford Motor Co. once held a large, multi-billion dollar stake in the company and now Volkswagen plans to invest $5 billion in company. What does it mean? Go to Headlight.News for the story.
Ferrari’s First Ever EV Model Will Come With Alleged $535,000 Price Tag
Ferrari is preparing to enter the EV wars but its inaugural model will command a hefty price tag with a new report revealing that it will start at over $500,000.
Production Version of Smart #5 EV Might Provide Catalyst For U.S. Return
Smart #5 SUV delivers impressive interior room and could preview Smart’s plan to expand its appeal to a wider dragnet of buyers including EV adopters.