With its new electric SUV rolling out, NIO’s (NIO) sales topped the 20,000 mark again in Oct, its sixth straight month hitting the milestone. NIO sold 20,976 vehicles last month, up 30.5% from October 2023. The NIO brand sold 16,657 vehicles, while its new “family-oriented smart vehicle brand,” Onvo, contributed 4,319 in its first full … Continue reading “NIO’s EV sales top 20,000 for the sixth straight month as new low-cost SUV shows promise”
Written by EVadmin
Ford is officially shifting gears to focus on smaller, more affordable electric cars. CEO Jim Farley emphasized Ford’s (not-so-secret) low-cost EV platform is progressing in Long Beach as former Tesla, Rivian, Lucid, and Apple execs aim to develop some of the world’s most efficient electric cars. With a focus on affordability, Ford’s EV platform opens … Continue reading “Ford’s low-cost EV platform could spawn electric Fiesta and Focus models”
Written by EVadmin
Ford is betting on smaller electric cars as the future. Its “Skunkworks ” team is not so small, and now that the cat is out of the bag, we are learning more about Ford’s new affordable platform. Ford CEO Jim Farley compared its new low-cost EV platform to Rivian and Tesla. However, Farley suggested Ford’s … Continue reading “Ford compares new low-cost EV platform to Rivian and Tesla, says rivals will turn to China”