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Ford has an electric vehicle problem — and CEO Farley has to fix it

Electric Mustang vehicle car

“GM, Ford and Chrysler face an existential threat,” McElroy, the analyst, said. “If they don’t figure out how to compete in the electric market, they’re going to go out of business.”

“While there are 150-plus automakers aggressively going after the EV opportunity globally, right now we believe it’s Tesla’s world and everyone else is paying rent.”

 

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Sen. Schumer Proposes Huge Gas-for-Electric-Car Trade-In Program

The 10-year-long incentive deal would cost $454 billion and, if adopted, could be the prime reason Americans get into EVs and out of gas-powered cars in droves.

Electric pickups coming fast and furious: Tesla, GM, Ford, Rivian promising EVs

UK Introduces Lane-Keeping Tech for Driverless Cars

The lane-keeping technology recently introduced in the U.K. is step three out of five towards fully driverless car lanes.

Governor Newsom’s $1.5 billion plan for electric cars in California shifts rebate money to equity programs

Newsom wants to erase most state funding for a popular rebate program for new-car buyers, money that has overwhelmingly gone to drivers with annual incomes above $100,000.

Waymo’s Self-Driving Future Looks Real Now That the Hype Is Fading

Blown deadlines led the public to look away, but the company’s technology is making progress—and more pilot projects are coming soon.

Startup shows off electric car batteries that charge in 5 minutes

An electric car that charges in five minutes could drastically reduce queues at electric charging stations and all but eliminate range anxiety, which is currently a part of owning an electric vehicle.

Besting the ‘Pain Points’ of All-Electric, Autonomous Vehicle Revolution

All-electric and autonomous vehicle experts at CES 2021 discussed the rapid adoption of new tech.

American Automobile Manufacturers Talking Seriously About Flying Cars

Fiat Chrysler plans to mass produce flying cars by 2023

 

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