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Ford CEO Farley Again Promises Profitable, Affordable EVs for the Masses

The Truth About Cars

Speaking with Yahoo Finance , Farley said his company aims to develop affordable EVs that compete with the rising tide of Chinese models. Saying that China’s investments in EVs have “paid off so far,” Farley noted that Ford is on track for its next-generation electric models to be profitable and affordable.

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LIVE Blog: Tesla (TSLA) Q3 2021 earnings call summary

Teslarati

We want as many people as possible to afford our products,” the CFO said, noting that this is key to the company’s mission. 14:59 PT : Looks like some tech issues there. 14:25 PT : Good day, everyone, and welcome to another live blog of Tesla’s earnings call! Don’t hesitate to contact us with news tips.

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Musk: Tesla Roadster Will Use SpaceX Tech and Have Rocket Boosters

The Truth About Cars

The Cybertruck did not land with the affordable price tag Musk claimed, and it’s not quite as bulletproof as initially expected. Get the latest& news, features, TTAC takes, and everything else that gets to the truth about cars first by & subscribing to our& newsletter. Image: Tesla] Become a& TTAC insider.

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Elon Musk: Tesla to Reveal Robotaxi on August 8

The Truth About Cars

Last week, reports surfaced that Tesla had canceled its affordable car project as CEO Elon Musk pivoted to focus on autonomous taxis. Though he called the reports fake news, Musk is pressing ahead with his plan to develop Robotaxis, but said the company would reveal the taxi project on August 8.

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Tesla To Pursue Lower-Cost Vehicles and Product Updates to Stay Competitive

The Truth About Cars

The automaker is planning an update for the super-popular Model Y, which could follow the changes seen with the new Model 3. That would mean a sharper look and an updated interior with new tech features. Americans don’t have that option yet, as our Model 3 still gets the usual standard synthetic leather and rear touchscreen.

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BMW is Developing a 1 Series EV to Attract Entry-Level Buyers

The Truth About Cars

BMW’s latest electric models offer plenty of compelling features and tech, but they’re far from affordable. To attract younger buyers who couldn’t otherwise afford one of its EVs, the automaker is developing a 1 Series electric model at the entry point of its lineup. While we don’t know if it will be available in the U.S.,

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Why eco-smart tech can offer house builders an ‘unfair’ advantage

My Energi

In Q1 2024, just 26,240 new homes were completed, down 13% compared to the same period last year. [1] While output was publicly refocussed to help address the demand for affordable homes, even the rental and affordable sector saw a decline, with just 8,334 registrations reported in Q1 2024, down 19% year-on-year (10,280). [3]

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