Electrification

Ford costs are ‘not competitive’ in China, announces sweeping changes

Ford has announced a sweeping set of changes to help make its operations in China more competitive as quickly as…

New Toyota CEO tackles EV profitability with renewed vigor

New Toyota CEO, Koji Sati, has announced a new three-part plan to help make the company's EV strategy profitable as…

Lamborghini CEO says ‘no more ICE vehicles’ past 2024

The Lamborghini CEO has announced that the iconic Italian supercar brand will no longer produce ICE vehicles past 2024. While…

McLaren Applied reveals path to besting Tesla in the EV industry

McLaren Applied has revealed how it aims to conquer the EV industry in the coming years. McLaren has consistently been…

Nissan pushes for more new EVs, higher sales goals in renewed strategy

Nissan has announced it will introduce 19 fully electric vehicles by 2030 instead of 15 in a renewed push towards…

Mercedes more than doubles EV sales in 2022, announces upcoming model

Mercedes-Benz has announced its sales statistics for 2022, revealing that the company more than doubled its EV sales compared to…

Ford announces major changes and Tesla-inspired EV design goals

Ford has announced a series of changes and design goals it will be implementing to increase profitability and improve its…

Toyota takes on new, yet familiar EV strategy

The newly appointed CEO of Toyota, Koji Sato, has explained how he plans to change the company's EV strategy in…

Ford to unveil radical new business plan to improve quality and profitability

Ford executives will unveil the company's new expansion plan at a meeting later this month. Ford has faced rocky roads…

Hertz doubles down on electrification following record earnings, stock surges 7%

Hertz (NASDAQ: HTZ) has announced that it will continue rapidly electrifying its fleet of rental vehicles following its record earnings…

Mazda rededicates to EVs, will spend $10.6 billion on electrification

Mazda has unveiled its new EV spending plan in the company's "Mid-Term Management Plan Update." Mazda and┬ánumerous other Japanese automakers…

Ferrari plans for stable EV transition: 40 percent of sales fully electric by 2030

As part of their Capital Markets Day, Ferrari has laid out their plans to electrify its brand over the coming…