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Toyota says it would rather buy credits than ‘waste’ money on EVs

Baua Electric

As the car industry’s largest hybrid pusher, Toyota says it is better positioned to just buy credits to close the EPA gap rather than “waste” money on BEVs, its CEO said. Wasted investment is worse than the credit purchase,” he added. Our dealers ask us every day how [we will compete with China in the U.S.] Get started here.

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Ford to build next electric truck Project T3 at BlueOval City in Tennessee

Green Car Congress

Ford’s BlueOval City EV and battery manufacturing campus in West Tennessee ( earlier post ) begins production in 2025, will be home to Ford’s second-generation electric truck, code-named Project T3, and will be capable of producing 500,000 EV trucks a year at full production. Ford and partner SK On are investing $5.6

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BMW Group extends aluminum recycling to Dingolfing press shop

Green Car Congress

BMW’s press shop in Dingolfing—the largest of the BMW Group worldwide—is the first in which all aluminum sheet waste is separated and recycled to make it reusable for industry. When producing components in the press shop, there is always a waste of sheet metal. The BMW Group has invested around €6.5

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Ford reduces F-150 Lightning production to boost gas vehicle output

Teslarati

Ford is shifting its production strategy toward two gas vehicles, with the automaker this week reiterating plans to reduce production of its F-150 Lightning electric pickup. The news comes after Ford finished 2023 with its best-ever quarter for EVs while landing best-selling vehicles in two separate electric segments.

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California Energy Commission adopts $100M investment plan for 2013-2014 for green vehicles and fuels

Green Car Congress

The program funds projects to encourage the development and use of new technologies and alternative and renewable fuels, including electricity, natural gas, biomethane, hydrogen, and gasoline and diesel substitutes, such as cellulosic ethanol (derived from woody materials, including agricultural waste), and biodiesel from waste grease.

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Ford Scales Back Michigan Battery Plant Investments

The Truth About Cars

Ford has said it will restart construction on the electric vehicle battery facility it’s building in Marshall, Michigan, after pausing work when the UAW strike kicked off a couple months ago. From Ford: While we remain bullish on our long-term strategy for electric vehicles, we are re-timing and resizing some investments.

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Ford, Ford Credit introduce sustainable financing framework prioritizing EV, clean production, community investments

Green Car Congress

Ford was one of the first full-line US automakers to pledge to reduce greenhouse gas emissions from its vehicles, operations and supply chain in alignment with goals of the accord. A significant portion of related financing will go toward accelerating Ford’s leadership in electric vehicles. Vigeo Eiris, an arm of Moody’s Corp.,

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