Electric vehicle battery - Samachar Central

Ford Stops Work On $3.5 Billion Michigan EV Battery Plant

2023-09-26 08:10 PM

Ford Stops Work On .5 Billion Michigan EV Battery Plant

Good morning! It’s Tuesday, September 26, 2023, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. This NYC Garage Takes Vanlife To The Next Level | Jalopnik Visits 1st Gear: Ford’s $3.5 Billion Battery …

EVs Might Not Cost So Much Soon Thanks To Cheaper Batteries

2023-09-21 09:13 PM

One of the biggest hurdles to electric car proliferation is the cost. According to Cox Automotive new EVs are selling on average about $5,000 more than gas-powered vehicles — $53,469 vs. $48,334. While government incentives can negate some of that gap, and electric cars don’t need pricy gasoline or as much maintenance to drive around, …