Ford showcases the Mustang Mach-e SUV at the Guangzhou auto show in November. [Photo/China Daily] Amid the burgeoning development of new energy vehicles in China, a notable shift is evident among foreign automakers, many of whom are scaling back their previously ambitious electric vehicle targets. Last week, Porsche announced a back-track from its target of … Continue reading Overseas NEV demand wanes, forcing change in gear
Tag: ford
US automakers pump the brakes on EV plans
A tire rim on a vehicle at a Ford Motor Co dealership in Colma, California, US, on Feb 1, 2021. [Photo/VCG] Ford Motor outlined plans on Thursday to use a Canadian plant it had earmarked for a future electric vehicle to instead build larger, gasoline-powered versions of its flagship F-Series pickup truck. Ford had already … Continue reading US automakers pump the brakes on EV plans
Largest US oil trade group sues to block Biden’s ‘intrusive’ EV efforts
Staff clean the floor of the Ford booth at the 2020 Beijing auto show. [LI FUSHENG/CHINA DAILY] The United States’ largest oil trade group, which includes Exxon Mobil and Chevron, filed a federal lawsuit on Thursday seeking to block the Biden administration’s efforts to reduce planet-warming emissions from cars and light trucks and encourage electric … Continue reading Largest US oil trade group sues to block Biden’s ‘intrusive’ EV efforts