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F Jun 2024 18.000 put
- Yahoo Finance
Chinese EVs are 'driving into Mexico' — and it's starting to worry the US
The early success of Chinese brands in Mexico and Latin America offers a glimpse into the expansion strategy for these carmakers outside of the world’s largest EV market.
- Reuters
Ford walks back EV dealer restrictions to boost sales
Ford Motor Co will soon allow all of its dealers to sell electric vehicles, reversing its more selective allocation system in an effort to boost slower-than-expected sales. The pivot, which goes into effect July 1, unravels previous requirements that only let dealers sell EVs like the F-150 Lightning pickup and Mustang Mach-E SUV if they had invested a set amount in training and infrastructure. About half of Ford's 2,800 dealers enrolled in the group since it was introduced.
- Benzinga
GM To Reach EV Profitability By Year-End Despite Making Less EVs
With the EV adoption in the U.S. being slower than anticipated, General Motors (NYSE: GM) revised this year’s expected EV sales and production, while being launching its newest EVs, including its new entry-level Chevrolet Equinox EV. Along with the recent relaunch of Chevrolet Blazer EV after software issues got sorted out, these two EVs, both built on GM’s Ultium EV platform, are crucial for the Detroit automaker’s EV growth. EV Demand Is Growing, But Slower Than Expected Previously targeting p
