Equity commitments within software JV could add up to a substantial minority stake, while working relationships are only going to get closer
EV pure play’s ambitions have dependencies that may change under a Republican regime
The Croatian EV technology firm will supply drivetrains to the Middle Eastern challenger
There has yet to be a full recovery from Q1 production blips
US OEM Ford is in danger of its 2023 North American EV sales falling behind volumes achieved in the same period of 2022 — despite deliveries of two of its three models only starting in January of last year — as a rebound from production outages that hobbled two models in Q1 continues to underwhelm.
In January, Ford sold more than double the number of EVs in North America as it did last year: 5,247 to January 2022’s 2,571, as the F-150 Lightning pickup and E-Transit van contributed just 63 and 138 sales respectively in their first months of recorded figures. After February, 2023 was over 4,000 sales ahead of last year.
All-electric’s position as the Sino-Swedish OEM’s best-selling vehicle type in Europe suffers October setback
Stellantis is sticking to Italy-only in its strategy to revive the brand, but may be wavering in its commitment to BEVs
The conglomerate tries to get beyond reports of idled production
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