Farley also sees EV battery prices coming down with more competition. The company, he said, may go with a common cylinder-shaped cell to leverage purchasing and get better prices. He also said Ford might do that with another automaker. Ford's Model e, the electric vehicle unit, lost nearly...
Right now, Uber's Comfort Electric option is not the cheapest on the platform and sometimes the wait can be longer to locate a driver. But Khosrowshahi said the more EV drivers they get on the app, the cheaper and quicker it will become later on. "The more electric cars we have in a...
Tesla has pioneered giga-casting to try and keep the weight of its all-electric models down. It’s an innovative manufacturing technique which involves molten high-strength aluminium alloy being poured at velocity into a cold-chamber mould, and it’s fast becoming the hottest trend in ve...
“If I were in charge at the Times, I wouldn’t pick a year to end print,” Peretti said “I would raise prices and make it into more of a legacy product.”The most loyal customers would still get the product they favour, the idea goes, and they’d feel like that they were ...
The nominal price of computers has gone down. And of clothes. We also showed them that with tariffs, prices went up. Unsurprisingly, if you tell them there was a loss of manufacturing jobs, people go against trade. But even if you tell them everything positive — it created more jobs, ...
(Reuters) - Tesla rival Lucid Motors plans to equip its new Air luxury electric sedan with a semi-automated driver assistance system when the first cars roll off an Arizona assembly line in early 2021, Lucid said on Tuesday. The Lucid Air, which will compete with the Tesl...
And electricity prices have been rising steeply. A recent article showed the estimate for one electric car owner at $29,000 for the new battery. True, this person had been an early adopter, so his vehicle was considered obsolete and replacement batteries were difficult to come by, but $29,...
and those two products are half the electric vehicle business. The once-leading Model S is no longer the best-selling high-end EV. Sales last quarter were estimated at 5,257, down more than 40% year over year and well behind the newcomer: BMW i4 EV sedan, with 6,777 sales in Q2, ...
prices and declining TCO would fuel rising consumer demand and EV sales. The mix of xEVs—mild hybrid electric vehicles or 48-volt hybrids (MHEVs), full hybrids (HEVs), PHEVs, and BEVs—would vary by market, primarily in response to fossil fuel prices, electricity prices, and driving ...
higher-than-promised prices will dampen demand, warns simcoe. “it is a law of nature that demand curves slope down, so a higher price will certainly mean fewer sales. the basic economics henry ford figured out—higher volume means lower cost—are no different in the electric truck market....