Ford says it will spend $11 billion in electrification investment

DETROIT — Ford plans to increase its investment in electrification to $11 billion by 2022, Executive Chairman Bill Ford Jr. said Sunday at the Detroit auto show. The company previously announced it would spend $4.5 billion by 2020. “We’re going to electrify even our most iconic vehicles,” he said at Cobo Center. “The only question is,… Please follow and like us:

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Electric cars edge forward in 2017 but still have a long way to go

SAN FRANCISCO — Electric car sales in the U.S. are set to rise nearly 30 percent in 2017. “This was a notably good year,” said Genevieve Cullen, president of the Electric Drive Transportation Association. But the raw number of pure-electric and plug-in hybrid cars sold won’t top 200,000, which represents barely more than 1 percent of… Please follow and like us:

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Elon Musk Selling Hats to Make His Company Great

Announcements from Elon Musk—famous for pioneering electric cars and revolutionizing space rockets—are often greeted with a frenzied hysteria. His latest announcement was no different—even if it was just a hat. Musk took to Twitter on Wednesday, October 18, to reveal “the world’s most boring hat,” the first piece of merchandise for The Boring Company, his tunnel-digging… Please follow and like us:

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Lithium Americas Stock Breaks Out, Implying Higher Stock Prices

LACDF Stock: Inverse Head and Shoulders Lithium Americas Stock The lithium sector is catching a bid, and with all due respect, the reasoning is quite sound. Centralized governments are starting to move away from combustion engines by banning the sale and production of these vehicles by a set mandate. It started in Europe, and now China… Please follow and like us:

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Nissan reveals a new Leaf, putting pressure on electric car rivals

The battle for control of the small but increasingly competitive electric vehicle market got a little hotter Tuesday night, as Japanese car company Nissan unveiled a new Leaf with a stronger battery and longer range — at a price well below rival electric cars. At a glitzy ceremony in Tokyo, broadcast live on the internet, Nissan… Please follow and like us:

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Why Apple And Amazon Are Planning Self-Driving Cars

This article originally appeared on the Motley Fool. IHS estimates that there will by 76 million autonomous vehicles on the road by 2035, and Boston Consulting Group expects the driverless car market to be worth $77 billion by that year. Autonomous vehicles have the potential to upend the transportation and technology industries, something that isn’t lost… Please follow and like us:

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