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Ford to increase production of Mustang Mach-E in 2023, cut prices across the board

Green Car Congress

With its new EV supply chain coming online, Ford says it is significantly increasing production of the Mustang Mach-E this year to help reduce customer wait times and to take advantage of streamlined costs to reduce prices across the board, making Mustang Mach-E even more accessible to customers and keeping it competitive in the marketplace.

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Ford opens E-Transit Registration site for commercial customers; new pricing

Green Car Congress

Along with the registration site, the E-Transit electric vans have updated pricing, with a targeted starting MSRP of $43,295 for the cutaway—lower than originally announced—to $52,690 for the high-roof extended-wheelbase cargo van. No deposit or purchase commitment is required.

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Start of sales for the VW Golf eHybrid and Golf GTE PHEVs in Europe

Green Car Congress

Sales of both models are starting now. Price in Germany starts at €39,781.18 (US$46,900). Base price: €41,667.40 (US$49,000). With the new Golf eHybrid and Golf GTE, Volkswagen is launching the next models as part of a wide-ranging product offensive. The market launch of the new Golf Variant will also take place soon.

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CRU: Lithium prices plunging as hype meets reality; impact of new supply, disappointing BEV sales

Green Car Congress

CRU analysts observe that lithium prices have steadily declined since the end of Q1, finally crashing through the $10/kg LCE mark at the end of July. While many are forecasting long-run prices for lithium in the mid-teens LCE, citing refinery bottlenecks and the potential for ramp-up delays in the mining and refining sector, CRU disagrees.

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Benchmark Mineral: China’s zero-COVID policies weigh on lithium and cobalt prices

Green Car Congress

Chinese lithium and cobalt sulfate prices fell this month as strict COVID-19 lockdowns in Shanghai and elsewhere limit demand in the world’s largest electric vehicle market. Prices for cobalt sulfate fell by 6%, according to Benchmark’s Cobalt Price Assessment. Consultancy Rho Motion now forecasts Chinese EV sales of 5.6

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EIA expects increased US crude oil production, with continued high petroleum prices in 2022

Green Car Congress

Despite the increases in production, EIA expects the Brent crude oil price to remain above $100 per barrel this year, according to the agency’s May 2022 Short-Term Energy Outlook (STEO). EIA forecasts that retail sales of electricity to the industrial sector will grow by 2.8% The Henry Hub natural gas price will average $8.59

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Rare Rides Icons: The Cadillac Eldorado, Distinctly Luxurious (Part LI)

The Truth About Cars

The new V8 was designed with fewer moving parts, fewer seals and gaskets, and was meant to provide low-end torque while consuming tons of fuel. With revised lighting and a big new engine, GM set the eighth-gen Eldorado out for sale one final time in 1970. Images: GM, seller , seller ] Become a TTAC insider.

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