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Ford, GM pull ahead EV plans as profits grow Source: autonews.com
Record earnings for GM in 2021 and nearly $18 billion in net income for Ford are giving the automakers confidence to accelerate their EV commitments.
Although the chip shortage persists, forcing Ford to cancel production this week at multiple truck plants, the two biggest Detroit automakers expressed confidence it will have little effect on future revenue and profits. After seeing its chip supplies improve in recent months, GM projected its global sales would grow 25 to 30 percent in 2022, wi...
Renault-Nissan-Mitsubishi EV investment is as much about teamwork as it is tech
SOURCE: autonews.com
Renault-Nissan-Mitsubishi EV investment is as much about teamwork as it is tech
The alliance says the partners will launch 35 new EVs over the next five years and pursue a common battery production strategy.

From left, Nissan COO Ashwani Gupta, Nissan CEO Makoto Uchida and Mitsubishi CEO Takao Kato outline the EV strategy, which includes funding 35 new battery-electrics due on roads by 2030.
TOKYO — The Renault-Nissan- Mitsubishialliance's bid to plow $26 billion...
2023 CX-50 marks Mazda’s return to U.S. manufacturing
SOURCE: autonews.com
Mazda is officially back to makingvehicles in the U.S.
Jeff Guyton, CEO of Mazda North American Operations, piloted the first production CX-50 off the line Wednesday at the automaker's joint-venture plant withToyota in Huntsville, Ala.
"The production of the CX-50 here signifies the importance of the North American market to Mazda and our commitment to investing in the U.S.," Guyton said in a statement.
The 2023 CX-50 crossover is a new vehicle designed for the U.S. It i...
