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The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. I…

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Why LFP batteries are poised to bring down entry-level EV prices

An older, cheaper and safer battery technology is poised to reshape battery manufacturing worldwide and boost EV sales in the U.S. — if the global lithium supply remains stable.

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Want an EV? You may have to wait

Surging demand for this year’s most hotly anticipated EVs is smashing order books and lengthening waitlists. The $60,000 Cadillac Lyriq SUV is the latest model to close its 2023 order book. The automaker said it has shifted the Lyriq’s waitlist to the 2024 model, which is still open for orders. But…

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Ford chooses Spain factory to build ‘profitable’ EVs

Ford said Wednesday it will build its next-generation of electric vehicles for Europe at its plant in Valencia, Spain. The automaker said it chose the Valencia factory over its facility in Saarlouis, Germany, for its ability to build profitable EVs that meet the demand of European customers, accord…

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Amid recalls, Ford says costs to build Mustang Mach-E are skyrocketing

Even though Ford has seen record profits and strong demand for EVs, rising battery material costs and inflation are erasing any potential profits

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Lucid partners with Bank of America to launch Lucid Financial Services

Lucid Group, which makes long-range, fast-charging luxury EVs, said on Tuesday it is joining with Bank of America to provide customer financing as one way to stand out in the crowded segment.

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The Station: Ford’s vision for dealerships and Rimac’s big raise

The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive it every weekend in your inbox. Welcome back to The Station, your central hub for all past, present and future means of moving people and packages from Point A to Point B. S…

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Ford wants to sell EVs online only and at a set price

Ford said that it wants to restructure its dealership model to sell its EVs online only and at a non-negotiable price to match Tesla’s profit margins. “I feel like when that second quarter last year profit came out for Tesla and they showed like a $15,000 premium, it totally changed my world,” CEO …

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Ford to invest $3.7B in U.S. factories, add 6,200 union jobs in push to build more EVs

Ford said Thursday it will invest $3.7 billion and add more than 6,200 new union manufacturing jobs in Michigan, Ohio and Missouri as part of the automaker’s plan to sell 2 million EVs a year globally by the end of 2026. The new investment will be used to hire union workers at factories in Mi…

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WeWork India exposed visitors’ personal information and selfies

Visitor names, email addresses, phone numbers, and selfies were exposed to the internet.

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TikTok says ‘Project Texas’ will bolster security for U.S. users in wake of China data access concerns

Over the weekend, TikTok wrote to Republican Senators to assure them that it’s working on a program called “Project Texas” to bolster data security for U.S.-based users. This was in response to the Senators’ letter to the company dated June 27 that questioned its data access…

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