KENTUCKY - Toyota said on Tuesday it would invest $1.3 billion at its Kentucky facility for electrification efforts, including assembly of a new, three-row battery electric SUV for the U.S. market, Reuters reported. The project brings the plant's total investment to nearly $10 billion. The move comes at a time when legacy automakers such as
TOKYO - Toyota sold more cars in 2023 than ever before but electric vehicles had a minimal impact on the growth. Of the 11,233,039 vehicles delivered by the Japanese conglomerate, only 104,018 were EVs. Just 0.926 percent of the cars sold by Toyota, Lexus, and the other subsidiaries last year were battery EVs. With that in
AUBURN HILLS - Stellantis CEO Carlos Tavares has warned that a “bloodbath” is coming if EV makers follow Tesla and Elon Musk in a “race to the bottom.” The Stellantis CEO’s comments came amidst Ford’s announcement that it was scaling back production and trimming its workforce that is producing the F-150 Lightning. While BYD exceeded
DEARBORN - Ford Motor Co. inked a deal with a Minnesota-based company that's buying a fleet of 1,000 all-electric vehicles, specifically the F-150 Lightning and Mustang Mach-E. The sale is part of a long-term relationship between Ford and Ecolab, a sustainability business that specializes in water conservation, hygiene and infection prevention, as Ecolab works to
DETROIT - In what one analyst called the "best GM conference call in years," General Motors CEO Mary Barra outlined for Wall Street on Tuesday the automaker's plans, including the news that it will reintroduce plug-in hybrid technology to select vehicles in North America. Some GM dealers have reportedly asked for GM to consider plug-in
PARIS - The debate over hydrogen fuel cell electric vehicles rages on, and Renault Group just added some fuel to the fire. The auto maker’s Hyvia electric vehicle venture is kicking into high gear with an initial delivery of 50 hydrogen fuel cell vans to the Auvergne-Rhône-Alpes region this year, towards a near-term goal of
DETROIT - DTE Energy officials said they expect more than a quarter-million additional electric vehicles on the road across southeast Michigan by 2028 and they intend to build the chargers to power them. The utility company plans to invest $145 million to provide rebates for 19,300 chargers alongside additional private funding and federal grant dollars
AUBURN HILLS - Stellantis CEO Carlos Tavares has warned that a “bloodbath” is coming if EV makers follow Tesla and Elon Musk in a “race to the bottom.” The Stellantis CEO’s comments came amidst Ford’s announcement that it was scaling back production and trimming its workforce that is producing the F-150 Lightning. While BYD exceeded
DETROIT — Chinese automakers pose a growing threat to their American counterparts — even without selling directly to consumers in the U.S. market. Sales of China-made vehicles are rising at notable rates in Asia, Europe and other countries outside those continents. China recently reported exports of more than 5 million vehicles in 2023, topping Japan to
ANN ARBOR—Is it actually cheaper to own an electric vehicle instead of a gas vehicle? It depends. University of Michigan researchers say that where you live matters. For instance, a midsize SUV costs more to own in Detroit than in San Francisco—one of the most expensive cities in the country. Cumulative recurring costs for a
