Ford aims to boost EV production—and LFP batteries are part of it

Ford F-150 Lightning Pro and E-TransitDemand far exceeds supply for Ford electric vehicles such as the Ford F-150 Lightning and Ford Mustang Mach-E. But on Thursday, Ford confirmed some of the details on how it’s going to take advantage of that demand and dramatically ramp up its EV production over the next few years. By late 2023, Ford expects to build 270,000 Mustang Mach-E...

Report: Hyundai is developing a $20,000 EV for Europe

2023 Hyundai PalisadeHyundai is developing an affordable EV for Europe that would cost roughly $20,000, the automaker's European marketing boss said in a recent interview with Automotive News Europe. This entry-level model would be a "battery-powered minicar" priced at 20,000 euros, Hyundai's Andreas-Christoph Hofmann said. With the current parity of the dollar to the...