AD #3587 - Toyota Launches All-Out EV Effort; GM to Make $50 Billion on ICE Investments; U.S. Treasury Scolded for EV Loopholes
About this episode
Toyota reveals an ambitious new EV strategy under its bEV Factory, shifting over half its R&D budget from ICE technology to advanced battery chemistries, including solid-state and LFP by holder batteries, aiming for faster charging and longer range. The company also plans aerodynamic improvements and streamlined manufacturing. GM continues heavy investment in profitable ICE vehicles to fund its EV transition. Renault introduces bidirectional charging technology for energy flexibility, while Ford expands EV production in Germany. Senator Joe Manchin criticizes U.S. Treasury's EV tax credit rules. Daimler launches a powerful electric heavy-duty truck, and Mercedes-Benz commits to green steel for carbon neutrality by 2039.
Pontiac Torrent
"...on supporting evs well. Today, Toyota unleashed a torrent of information about its new EV efforts that are ..."
Ford Explorer
"... EV to come out of there will be the new Electric Explorer, which launches next year and is base based on VW..."
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