Market Moves: Electric Vehicles - Feb 16th, 2024
Ford targets a quick profitability turnaround on its second generation EVs
Market Moves: Electric Vehicles | View online
February 16, 2024
From the Editor

In 2023, Chinese car company BYD overtook Tesla to become the world's largest EV seller. In our lead story this edition, we delve into how and why the country has been able to dominate the playing field, as well as what it means for the United States. In Illinois, a low finish in a recent charging study has the state promising big infrastructure changes while Toyota makes a billion dollar investment in Kentucky. 

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– Jennifer Ramsay

'How do you cut the price of EVs in half? China's already done it.'

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The automaker’s CEO teased a skunkworks’ development of a flexible platform for future vehicles.
The automaker has invested nearly $10 billion into its Kentucky operations over the past three years.
San Francisco’s Earthling Automotive is working to fill the looming need for EV-trained technicians.
The announcement comes shortly after Illinois ranked 49th out of 50 states in charger access.

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Recent crash test data has spotlighted another infrastructure issue facing an EV transition: guardrails on highways.
Benore Logistic Systems first added Class 8 EVs into its fleet in 2021 and will have seven by next month.