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Showing results for tags 'ev'.
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Reaching way out, It could be testing a synthetic ICE, or ammonia fuel ICE or FCEV motor. Or just driving around, teasing all of us speculators. ?
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Ford Motor Co.’s hot-selling Mustang Mach-E electric SUV and other plug-in models are being rendered unprofitable by rising raw material costs. “We actually had a positive bottom line profit when we launched the Mach-E, commodity costs have wiped that out,” Chief Financial Officer John Lawler said Wednesday at the Deutsche Bank Global Automotive Conference, referring to 2020, when the vehicle went on sale. “You’re going to see pressure on the bottom line when we launch our EVs, they’re not going to be positive.” link: https://finance.yahoo.com/news/ford-mustang-mach-e-profit-170117652.html -
About 150 General Motor Co. dealers are parting ways with Cadillac instead of investing in costly upgrades required to sell electric cars, according to FOX Business. GM recently gave the dealers the choice: accept a buyout ranging from $300,000 to more than $1 million to exit the brand or spend about $200,000 to upgrade their dealerships for the sale of electric vehicles. About 17% of Cadillac’s 880 US dealerships agreed to take the offer to end their franchise agreements for the luxury brand, because many of them own other GM brands like Chevrolet and Buick and don’t sell many Cadillacs. That decision illustrates that even as the value of electric vehicles rises, many car industry insiders remain skeptical about selling and investing in the products. Dealers are weighing costly facility investments like electrical-system upgrades against uncertainty about demand for the vehicles, which now account for about 2% of U.S. vehicle sales. Some retailers say they are putting off orders of electric models, worried they will sit too long on their lots. Even in markets where electric vehicles are more popular, like San Francisco, dealers say the lack of commuting during the pandemic has led to a drop off in demand for cars like GM’s Chevrolet Bolt. https://nypost.com/2020/12/06/unplugged-cadillac-dealers-ditch-brand/
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Energi and EV owners! One more day until National Plug In Day (#NPID2013):https://www.facebook.com/photo.php?fbid=582993895081757&set=a.165499530164531.32894.152792554768562&type=1 Do you have a Plug-in? then you should go. What to know more about EVs and PHEVs?, then you should go. Are you going? -
Instead of a Geek squad or electrician installed 220 charger, how about a simple charger that just plugs into an existing 220 outlet? Lots of folks have an outlet already, and it would be great if we could just use it "as is" for the faster 220 volt charging. I've heard rumors that this in development, but don't know if they are true. This would also help lower the initial cost of buying an EV or PHEV because no electrical work would have to be done.
