Ford to Cut 3,000 Jobs to Reduce Costs in Transition to Electric Vehicles
The automaker said the move was needed to be competitive and reallocate resources.
EV and PHEV lease prices, Tesla FSD price hike, Fisker Ocean production, BYD in Europe: Today’s Car News
Tesla has hiked the price of Full Self-Driving. Fisker is looking for more production space for its Ocean. BYD is entering Europe on its own—and, perhaps, heading into Tesla battery packs. And the EV tax credit revamp has triggered a massive price hike in EV and PHEV lease prices. This and more, here at Green Car Reports. In recent days, EV... Tesla hikes price of Full Self-Driving to $15,000 on September 5, expands beta test
![Tesla Model 3 dashboard in Autopilot testing with IIHS [CREDIT: IIHS]](https://images.hgmsites.net/tmb/tesla-model-s-dashboard-in-autopilot-testing-with-iihs-credit-iihs_100665437_t.gif)
The cost of Tesla’s controversially named premium driver-assistance system, Full Self-Driving, will rise to $15,000 as of September 5, CEO Elon Musk confirmed on Sunday via Twitter. The automaker is also rolling out a version (10.69) of its Full Self-Driving beta software that essentially allows more drivers to become beta-testers... BYD enters European market, reportedly already supplying batteries to Tesla
Chinese automaker and battery supplier BYD is entering the European market—and that could include supplying batteries to Tesla. Earlier this month, Sweden's Hedin Mobility Group announced that it would distribute and sell BYD passenger cars in its home country and Germany. This came shortly after BYD's announcement of Japanese-market sales... Supplier of Rare Earth Metals Buys Mining Rights in Greenland
Neo Performance Materials of Canada announced a deal to begin mining in Greenland for the metals, which are a key component for electric cars.
Fisker Ocean EV demand has it looking at expanded production—perhaps in the US
Demand for the Fisker Ocean electric SUV is exceeding expectations and has Fisker looking to expand production—perhaps in the United States. Ocean production, which is scheduled to start in November at contractor Magna's Austrian factory, was originally pegged at 50,000 units per year. But Fisker said Friday in a press release that volume... Rare Earth Supplier Turns to Greenland to Cut Reliance on Russia
Neo Performance Materials of Canada announced a deal to begin mining in Greenland for the metals, which are a key component for electric cars.
Expansion of Clean Energy Loans Is ‘Sleeping Giant’ of Climate Bill
The bill President Biden signed into law recently will greatly expand government loans and loan guarantees for clean energy and automotive projects and businesses.
EV tax credit consequence: Plug-in vehicle lease prices are soaring
Some shoppers for electric vehicles and plug-in hybrids are encountering severe sticker shock this weekend in monthly lease numbers. That’s because versus just a few days ago, a vast swath of EV and PHEV models are no longer eligible for the federal EV tax credit—now known as the Clean Vehicle Credit. On Thursday, Toyota pulled its... Dodge electric muscle car, Lucid Air Sapphire, fastest-charging EV, tax credit eligibility: The Week in Reverse
Which are the lowest-priced U.S.-market EVs? Which American-made EVs qualify for the new Clean Vehicle Credit? This is our look back at the Week In Reverse—right here at Green Car Reports—for the week ending August 19, 2022. We started out the week rounding up the cheapest EVs for 2023—all under $40,000, before counting any...