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GM May Produce EVs In Mexico To Compete With Tesla, Ford

InsideEVs

Mexico may have plenty of appeal for future EV production due to low costs and full access to the US federal EV tax credit.

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Ford reportedly eliminates lease-to-buy option on electric vehicles

Teslarati

As of June 15, 2022, Ford will no longer offer the opportunity to purchase its three all-electric vehicles, the F-150 Lightning, Mustang Mach-E, and E-Transit Van, for new leases. Ford informed dealers in a letter that it was discontinuing the end-of-lease purchase option for the E-Transit van, Mustang Mach-E, and F-150 Lightning.

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After chiding Ford for US CATL battery plan, GM may be seeking its own

Baua Electric

or Mexico, along with a GM license agreement for CATL’s LFP battery tech. Car News China reasons that the deal would likely be similar to the one between Ford and CATL—a deal GM leadership has criticized. Located in Michigan, the plant will make LFP cells under license by CATL but will be be run by Ford. car manufacturing.”

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UAW Suggests EV Tax Credit Should Only Apply To US-Built Cars

InsideEVs

This comes on the heels of GM's and Ford's plans to build EVs in Mexico.

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Ford continues executive shuffling in wake of replacement of CEO; Marakby back from Uber to lead electrification

Green Car Congress

On Monday, Ford Motor Company announced the immediate replacement of Mark Fields as CEO by Jim Hackett, who had led Ford Smart Mobility LLC since March 2016. Ford also announced changes in roles for three top executives: Jim Farley (Global Markets), Joe Hinrichs (Global Operations) and Marcy Klevorn (Mobility). Earlier post.).

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Tesla investors post questions for TSLA Q3 2023 earnings call

Teslarati

As of writing, Say’s webpage for the Tesla Q3 2023 earnings call features a variety of notable questions, spanning topics from Tesla’s factories like Gigafactory Mexico to future projects like Optimus and the dedicated Robotaxi. Is your analysis of your supply base risk complete?

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Tesla said to be mulling U.S. battery plant with supplier CATL

Teslarati

The IRA rules can qualify certain electric vehicles for either some or all of the $7,500 tax credit for purchasing a clean energy vehicle. Ford announced a similar deal with CATL last month, looking to build a battery manufacturing plant within the U.S. Ford announces $3.5B to take advantage of these incentives.