Remove Affordable Remove Building Remove Tech
article thumbnail

Ford investing $3.5B to build LFP battery plant in Michigan; partnering with CATL

Green Car Congress

billion to build the country’s first automaker-backed LFP battery plant, offering customers a second battery technology within Ford’s EV lineup. Ford is now commited to build both nickel cobalt manganese (NCM) and lithium iron phosphate (LFP) batteries in the US. Ford will invest $3.5 With this $3.5-billion

Michigan 259
article thumbnail

Honda admits it needs affordable EVs with plans for an electric Civic successor

Baua Electric

For Honda to compete as the industry shifts to electric, CEO Toshihiro Mibe explained, “We need more affordable EVs.” Honda to launch an affordable electric Civic replacement The company revealed two new EV concepts as part of its new “0 series” electric brand at CES earlier this month. Let us know below.

article thumbnail

Ford’s first affordable EV will be a new electric pickup, but there’s more

Baua Electric

Ford’s first affordable EV based on its new platform will be an electric pickup followed by its next-gen “Project T3.” Ford is adjusting its vehicle roadmap to include a broader range of electrified options, with a focus on hybrid tech. Ford (F) announced major changes to its upcoming EV plans, including two new pickups.

article thumbnail

Ford to build more EV software capability at Chennai tech hub | Autocar Professional

Baua Electric

American automaker Ford, whch is known to be working on an affordable EV platform, is set to build more electric vehicle (EV) software capabilities at its Ford Business Solutions India operation, based in Chennai. This information is as per a tweet by TN Investment today.

Ford 52
article thumbnail

BYD produces 200K units of its most affordable EV 

Teslarati

The BYD Seagull made headlines as one of the most affordable electric vehicles on the market. Elon Musk says Tesla will build €25k EV at Giga Berlin Forbes speculated that the Seagull, labeled Blade, might be equipped with BYD’s lithium-ion phosphate batteries. The base Seagull variant starts at RMB 73,800 ($10,360).

BYD 91
article thumbnail

Volkswagen to go solo on affordable EVs after ending talks with Renault

Baua Electric

Volkswagen has ended talks with Renault to launch an affordable EV, according to sources. A report from Germany’s Handelsblatt last December hinted at a partnership between Volkswagen and Renault to build an EV under 20,000 euros ($21,500). Renault announced plans to launch the Twingo e-Tech successor, the Legend, last November.

article thumbnail

Kia to launch affordable EV4 electric sedan next year with an ambitious production goal

Baua Electric

Kia will launch EV4 production in early 2025, aiming to build 70,000 models a year to meet the demand for affordable EVs. A new affordable EV is coming next year Kia unveiled the EV4 last October as part of its new lineup of mass-market electric vehicles. It aims to build 70,000 EV4 models a year.

Kia 52