Tag: Ford

Ford Cuts Price on Electric Version of F-150 Truck by Up to 17%
18Jul By adminNo Comments
Technology

Ford Cuts Price on Electric Version of F-150 Truck by Up to 17%

[ad_1] Ford Motor Co. is slashing prices on the electric version of its best-selling F-150 pickup by as much as 17%, as it moves to fend off new competition coming from Tesla Inc. and General Motors Co.The F-150 Lightning Pro, the cheapest version of the electric truck aimed at commercial buyers, now starts at $49,995. That's down about $10,000 but still above the original starting price of $39,974 when it went on sale in April 2022. The lowest priced model aimed at consumers, the XLT, was also cut about $10,000 and now starts at $54,995. The cuts Monday reverse roughly half the price hikes Ford had implemented on its battery-powered truck over the last year. Chief Executive Officer Jim Farley previously boasted that Ford was raising prices on the Lightning while Tesla cut prices on its...
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Ford Chairman Says US Isn’t Ready to Compete With China in EVs
19Jun By adminNo Comments
Technology

Ford Chairman Says US Isn’t Ready to Compete With China in EVs

[ad_1] Ford Motor Co. Executive Chairman Bill Ford Jr. said the US is “not quite yet ready” to compete with China in the production of electric vehicles and said his company is taking an “all hands on deck” approach to prepare.“They developed very quickly, and they've developed them in large scale, and now they are exporting,” Ford said in an interview on CNN's Fareed Zakaria GPS. “They are not here, but they will come here we think at some point and we need to be ready, and we're getting ready.” China is poised to become the world's No. 2 exporter of passenger vehicles, potentially reshaping the global auto industry and shaking up the dominance of its car trading partners and rivals. Overseas shipments of cars made in China have tripled since 2020 to reach more than 2.5 million last ye...
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Tesla offering discounts of over $1,300 on some U.S. Model 3 cars
21May By adminNo Comments
Technology

Tesla offering discounts of over $1,300 on some U.S. Model 3 cars

[ad_1] Tesla is offering discounts of more than $1,300 on some Model 3 cars in its U.S. inventory following even heavier discounts in Europe, according to a Reuters' review of its website, even as the electric carmaker has raised U.S. prices on most newly ordered cars this month. Facing economic headwinds and mounting competition, Tesla this year has aggressively cut vehicle prices in several regions and is resorting to the traditional automakers' tactic of offering incentives to clear inventory, analysts said. On Tuesday, CEO Elon Musk told shareholders Tesla will try advertising for the first time, a move analysts said could drum up demand. Musk warned Tesla was not immune to the global economy, predicting it will be difficult for the next 12 months. Tesla slightly raised prices of ...
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Apple iOS 17 to release in June 2023! Here is what you will get
12Jan By adminNo Comments
Technology

Apple iOS 17 to release in June 2023! Here is what you will get

[ad_1] Apple is expected to release iOS 17 in June this year. Here is what new it can bring to your iPhone. Apple released iOS 16 in September 2022, ever since then it has been releasing updates to the same. Now, there are reports claiming that the company will be rolling out iOS 17 in June 2023. Along with iOS 17, Apple is likely to release iPadOS 17, macOS 14, watchOS 10, and tvOS 17 at its annual developers conference WWDC. "Apple is expected to announce iOS 17 alongside iPadOS 17, macOS 14, watchOS 10, and tvOS 17 at its annual developers conference WWDC in June, so it's still early, and we'll likely learn about additional features planned over the coming months," a report by MacRumors said.iOS 17 will bring several new features to your iPhone. Though Apple has not yet disclosed a...
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More Than Half of US Car Sales Will Be Electric by 2030
21Sep By adminNo Comments
Technology

More Than Half of US Car Sales Will Be Electric by 2030

[ad_1] Biden’s climate spending is set to kickstart the market for Electric Vehicles, according to a new forecast from BloombergNEF. Just over half of passenger cars sold in the US will be electric vehicles by 2030, according to a report from BloombergNEF, thanks in part to consumer incentives included in the $374 billion in new climate spending enacted by President Joe Biden. Those incentives, among them a point-of-sale tax credit of up to $7,500 for a new EV purchase, are likely to boost the pace of adoption, BloombergNEF analysts found in the report. Prior to passage of the Inflation Reduction Act (IRA) in August, projections for EV sales by 2030 2030 came in at 43% of the US market. With the climate-spending measure in...
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