U.S. lawmakers are seeking to review the license agreement between Ford Motor and a Chinese battery maker. They are concerned that the deal will facilitate China’s global dominance in electric vehicle battery technology with American taxpayers’ money and increase America’s reliance on Chinese critical raw materials. According to the lawmakers, the Chinese battery maker’s supply…
Lawmakers Seek Review of Ford’s Agreement With Chinese Battery Maker
July 22, 2023
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CATLChina NewsDefending AmericaFeatured TopicsFordFord MotorInfiltrating the WestMade in China 2025National SecurityPolicies & ImpactsPoliticsRepublicansSpecial TopicsTech CompetitionThreat from Communist ChinaUSUS-China relations
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IN-DEPTH: ‘Bidenomics’ Spends Up to $7 million to Create Each $50,000 ‘Green’ Job, Study Finds
July 21, 2023
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BidenomicsBusiness & MarketsCompanieseconomic policiesElectric VehiclesenergyFordgreen energyInflation Reduction Act of 2022Stellantis NVUSUS News
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Despite the claims of Bidenomics acolytes that it will “rebuild the middle class,” a new study states that the hundreds of billions in federal subsidies for electric vehicle (EV) production are wasteful corporate giveaways, to the tune of up to $7 million per job created. “Taxpayers are going to forego tens of billions of dollars…
Current Electric Vehicles Limit Driving Freedom: Automotive Industry Expert
Ford has ramped up its price war with Tesla, slashing the cost of its F-150 electric Lightning pickup truck by up to 17 percent on some models. By doing so, the Detroit automaker hopes to increase its share of an electric vehicle market dominated by Tesla. The move comes just two days after Tesla announced…
Ford Slashes Prices on F-150 Electric Pickup Truck
Ford on Monday confirmed it is slashing prices for its F-150 Lightning truck due to lower battery costs. The Detroit-based automaker, which had raised Lightning prices earlier this year, said it was able to cut prices following improvements in scale and battery raw material costs. It came after Ford’s EV sales dropped 2.8 percent earlier…
Tesla Builds Its First Cybertruck Two Years Behind Schedule
July 17, 2023
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Business & MarketsCompaniesCybertruckeconomic policieseconomyelectric pickupElon MuskFordGeneral MotorsInvestmentMarketsMedia & Big TechRegional & State NewsRivianState NewsteslaTexasUSUS News
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Tesla produced its first Cybertruck off the assembly line in Austin, Texas, over the weekend after two years of delays. The first Cybertruck finally rolled off the factory line on July 15 to much celebration at Tesla’s Gigafactory. Tesla CEO Elon Musk first announced the first prototype of the electric pickup truck back in 2019 to great…
US Investigates 346,000 Ford Escape SUVs Over Door Issues
WASHINGTON—U.S. auto safety investigators on Tuesday said they are opening an investigation into 346,000 Ford Escape sport utility vehicles because a weld in the door assembly may fail, potentially resulting in a door inadvertently opening while driving. The National Highway Traffic Safety Administration has received 118 questionnaires alleging a failure of the spot welds in…
Waiting for ‘Buyers to Come’: Unsold Electric Vehicles Piling Up in Car Dealerships, Says Report
The number of unsold electric vehicles at dealers in the second quarter tripled compared to the past year, signaling a weakened demand for the segment, said a recent report by leading auto-dealer data company Cox Automotive. In second quarter 2023, the average inventory for electric vehicles (EVs) topped more than 92,000 units on the ground…
Quality of New Vehicles in US Declining on More Tech Use, Study Shows
The quality of new vehicles has been declining in the United States since 2021 as factors such as growing use of technology and lower build quality of certain parts are making the models more “problematic,” according to automotive consultant J.D. Power. Some of the worsening issues involve basic parts of the car, such as audio…
New Vehicle Quality Declines as Tech Use Grows, Study Shows
The quality of new vehicles in the United States has been declining since 2021 as factors such as the growing use of technology and lower build quality of certain parts are making the models more “problematic,” automotive consultant J.D. Power says. Some of the worsening issues involve basic parts of the car, such as audio…
Ford Explorer Recall Prompts Transportation Department Investigation
SAN FRANCISCO—The National Highway Traffic Safety Administration (NHTSA) is investigating a Ford Motor Co. recall of more than a quarter-million Explorer SUVs in the United States after receiving complaints about repairs intended to prevent the vehicles from unexpectedly rolling away even while placed in park. The problem, ascribed to fractures of a rear axle mounting…
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