Friday, November 22

Tag: Passenger Cars

Many Car Dealers Are Getting Nervous About EV Push
10Dec By adminNo Comments
World

Many Car Dealers Are Getting Nervous About EV Push

Auto dealers across many parts of the country say electric vehicles are becoming too hard a sell for buyers worried about the range, reliability and price of these models.When Paul LaRochelle heard Ford Motor was coming out with an electric pickup truck, the dealer was excited about the prospects for his business. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Ford EV Battery Plant Rides Bumpy Road in This Michigan Town
2Dec By adminNo Comments
World

Ford EV Battery Plant Rides Bumpy Road in This Michigan Town

MARSHALL, Mich.—Rick Sadler doesn’t like it when he looks across the North Branch of the Kalamazoo River and sees light towers and construction equipment on the site of a planned electric vehicle battery plant next to this small, south-central Michigan city. “We can hear them working six days a week, 6 in the morning sometimes,” said Sadler, who lives in a subdivision near the river and is among local residents who oppose the plant.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China’s Latest EV Stocks Face Uncertain Reception in New York
29Nov By adminNo Comments
Money

China’s Latest EV Stocks Face Uncertain Reception in New York

Electric vehicles have really taken off in China, but so has competition. That is the conundrum investors face as they size up the latest EV brands pitching their growth prospects in New York.Lotus Technology is in the final stages of a merger with a Nasdaq-listed special-purpose acquisition company that values it at $5.5 billion. This week it said investors had committed $870 million to the deal, a step toward closure. Zeekr Intelligent Technology Holding, which raised money in February at a $13 billion valuation, filed its registration statement earlier this month for a U.S. initial public offering.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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China’s Latest EV Stocks Face Uncertain Reception in New York
29Nov By adminNo Comments
World

China’s Latest EV Stocks Face Uncertain Reception in New York

Electric vehicles have really taken off in China, but so has competition. That is the conundrum investors face as they size up the latest EV brands pitching their growth prospects in New York.Lotus Technology is in the final stages of a merger with a Nasdaq-listed special-purpose acquisition company that values it at $5.5 billion. This week it said investors had committed $870 million to the deal, a step toward closure. Zeekr Intelligent Technology Holding, which raised money in February at a $13 billion valuation, filed its registration statement earlier this month for a U.S. initial public offering.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Nissan to Ramp Up EV, Battery Business in U.K. With Over $2 Billion Investment
25Nov By adminNo Comments
World

Nissan to Ramp Up EV, Battery Business in U.K. With Over $2 Billion Investment

Updated Nov. 24, 2023 4:17 am ETNissan Motor is expanding its electric vehicles and battery manufacturing capacity in the U.K. with investments of up to 3.0 billion pounds ($2.39 billion) as the carmaker pushes to have an all-electric lineup in Europe.The Japanese company plans to add a third gigafactory and produce two additional models at its EV hub in Sunderland, it said Friday.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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This Mustang Stands Out in Her Corral Full of Them
25Nov By adminNo Comments
World

This Mustang Stands Out in Her Corral Full of Them

By A.J. Baime | Photographs by Olivia Bowdoin for The Wall Street Journal Nov. 24, 2023 5:00 pm ETListen to article(2 minutes)Daphne Norris, 50, a UPS driver living in Bryceville, Fla., on her 1965 Ford Mustang convertible and 2019 Ford Mustang Shelby GT350R, as told to A.J. Baime.When my parents met, my father had a 1966 Mustang GT and my mother had a 1965 Mustang. Growing up, my dad used to tell me all the fun stories about stuff he had done with his Mustang. By this time he and my mom had sold the others and bought a 1965 Mustang convertible. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Nissan Motor to Invest Over $2 Billion in EV, Battery Business in U.K.
24Nov By adminNo Comments
World

Nissan Motor to Invest Over $2 Billion in EV, Battery Business in U.K.

Updated Nov. 24, 2023 2:52 am ETNissan Motor plans to invest up to three billion pounds ($2.39 billion) in electric vehicles, battery production and infrastructure in the U.K., it said Friday.The Japanese automaker said it plans to expand its EV hub in Sunderland, which will now comprise three gigafactories.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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Stellantis Repurchases $1.02 Bln Shares From Dongfeng Motor
23Nov By adminNo Comments
World

Stellantis Repurchases $1.02 Bln Shares From Dongfeng Motor

Stellantis has bought back 50 million common shares from Dongfeng Motor International valued at 934 million euros ($1.02 billion).The maker of Jeep, Dodge and a dozen other brands said late Wednesday that it will cancel the shares from the Hong Kong-based company, a subsidiary of China’s Dongfeng Motor Group Company. Stellantis has a joint venture with the parent company.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8
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