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Ford may build its affordable EV platform in this key overseas market to revamp sales

Baua Electric

Amid its shift to more affordable electric vehicles, Ford could build its new EV platform overseas as it looks to revamp sales. Ford mulls affordable EV platform production in India According to a new report from Autocar India , Ford is looking to re-enter India. FTC: We use income earning auto affiliate links.

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Kia suddenly shifts to hybrids, affordable EVs amid waning global demand

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. It plans to boost demand by launching a series of new affordable EVs.

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Kia suddenly shifts to hybrids, affordable EVs amid ‘waning global demand’

Baua Electric

To boost sales and fend off low-cost Chinese rivals, Kia will introduce a new lineup of affordable EVs in addition to hybrids starting this year. After global sales slipped 2% last month, Kia is shaking things up with a new mid-to-long-term business plan. It plans to boost demand by launching a series of new affordable EVs.

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BMW speeds past luxury rivals Porsche and Audi as EV sales spike in Q2

Baua Electric

The luxury automaker is outpacing rivals, including Porsche, Audi, and Mercedes, as electric vehicle sales continue climbing. BMW extended its lead after EV sales surged in Q2. BMW Group delivered nearly 108,000 electric vehicles in Q2 2024. With 190,622 deliveries this year, BMW Group EV sales brand’s EV sales are up 24.6%

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Volvo EX30 boosts EV sales share in February to reach a new record at 22%

Baua Electric

Volvo reached its highest-ever share of electrified vehicles as its new fully electric EX30 boosted EV sales in February. Although overall sales slid 2% last month, Volvo’s fully electric vehicle sales were up 14%, reaching a new record share. Fully electric cars also set a new record.

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Lincoln puts EVs on the back burner amid Ford’s shift to more affordable EV models

Baua Electric

After Ford announced a surprising shift to more affordable EVs, its luxury Lincoln brand is putting electric on the back burner. Lincoln backtracks on EVs as Ford shifts to affordable In an interview (via Detroit News ), Lincoln President Dianne Craig said that the company is “listening to what customers really need.”

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Ford’s EV sales continued climbing in July, but SUVs dampened US growth

Baua Electric

Although Ford’s EV sales rose by double-digits in July, fewer SUV sales led to lower US growth. Ford’s vehicle sales fell flat as new, updated models hit the market. Ford sold 8,242 fully electric vehicles in the US last month, up 31% (6,280) from July 2023. FTC: We use income earning auto affiliate links.

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