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U.S. cuts list of USD 7,500 U.S. tax credit eligible vehicles to 14 EVs, 5 PHEVs
U.S. cuts list of USD 7,500 U.S. tax credit eligible vehicles to 14 EVs, 5 PHEVs The number of EV and PHEV models eligible for a USD 7,500 consumer tax credit fell sharply as new rules from the Biden administration began on January 1. The new rules exclude vehicles that use battery components made by Chinese manufacturers from the tax credit. Eligible vehicles are those put into service from January 1-December 31, 2024, and include: 2022-2023 Che...
News Updated at: 2024/01/03
Ford customers sue over hybrid Escape, Maverick and Lincoln Corsair fires
Ford customers sue over hybrid Escape, Maverick and Lincoln Corsair fires On August 8, six Ford customers filed a lawsuit in Detroit at the U.S. District Court for the Eastern District of Michigan, seeking class-action status and alleging "a dangerous defect" has led to spontaneous explosive fires in certain hybrid vehicles built by Ford Motor Co. The lawsuit alleges that Ford’s proposed fix for this problem – adding drain holes to an under-...
News Updated at: 2023/08/11
Ford to soon reach 200,000 electrified vehicle cap for U.S. tax credits
vehicles since 2009, pushing it closer to a point of triggering the U.S. tax credit sunset period, a point which Toyota reached in the recent second quarter, and Tesla and General Motors much earlier.The U.S. federal tax credit cap of 200,000 vehicles takes into account not only BEV sales, but also PHEVs with a 4 kWh or larger battery and the capability to recharge from an external source of electricity. Documentation from the U.S. Internal Reven...
News Updated at: 2022/07/09
Ford 2021 H1 sales in China increase by 24% y/y to 306,707 units
. (Ford China) announced that it sold a total of 306,707 units in China in the first half of 2021, reflecting a year-over-year (y/y) increase of 24.0%. The Ford brand sold 116,015 passenger vehicles, up by 6.0% y/y. The SUV segment witnessed a 35.7% y/y increase in sales. Sales of the Edge PLUS and Escape increased by 27.3% and 10.0% y/y respectively. In terms of premium sedans, sales of the Mondeo increased by 14.1% y/y, while sales of the Tauru...
News Updated at: 2021/07/14
Changan Ford launches Escape PHEV compact crossover SUV
Changan Ford launches Escape PHEV compact crossover SUV On June 12, 2021, Changan Ford Automobile Co., Ltd. (Changan Ford) launched the Escape PHEV, a compact crossover SUV. The vehicle retails for CNY 208,000 after subsidy. The vehicle was powered by Ford’s fourth-generation hybrid technology system. It is 4,626mm long, 1,882mm wide and 1,688mm high with a wheelbase of 2,710mm. With regard to the powertrain, the vehicle is equipped with a 1...
News Updated at: 2021/06/17
Ford launches 2021 Escape PHEV in Mexico
Ford launches 2021 Escape PHEV in Mexico On May 17, Ford of Mexico announced the arrival of the 2021 Escape PHEV in three trims: SE, SEL Limited and Titanium.The 2021 Escape for the Mexican market features a 2.5-liter iVCT Atkinson cycle hybrid engine and a 1.1 kWh Lithium-Ion battery, coupled to an Electronic Continuously Variable Transmission (eCVT) delivering a combined power of 198 HP.Technology offerings include a SYNC 3 infotainment system,...
News Updated at: 2021/05/26
[Auto Shanghai 2021] Ford EVOS makes global debut
l and personalized human-machine interface experience.Visitors to Auto Shanghai 2021 will see products and technology from Ford and its Chinese joint ventures, Changan Ford and JMC Ford, together on a single show stand for the first time.The vehicle lineup at the stand includes the debut of the new Escape PHEV SUV and launch of the localized electric Mustang Mach-E, along with the newly-launched all-new Escort and all-new Equator, as well as the ...
News Updated at: 2021/04/20
Auto Shanghai 2021 officially begins
the new Malibu XL, Monza RS, and Menlo; the LYRIQ, Cadillac’s battery electric concept, makes its debut at the motor show. Ford Motor Co. (Ford) displays the China-made Mustang Mach-E battery electric SUV, the all-new mid to large sized SUV EVOS and the all-new mid to large sized SUVs Equator and Escape PHEV. Among Japanese automakers, Toyota exhibits the new battery electric series “TOYOTA bZ” and its concept “TOYOTA bZ4X CONCEPT”, the...
News Updated at: 2021/04/19
China releases 40th list of exemptions for NEV purchase tax
Y of Guangzhou Automobile Group Motor Co. Ltd., the Geometry A of Geely Automobile Holdings Limited, the Qin Plus of BYD Co., Ltd., and the ID.6 X and ID.4 X of SAIC Volkswagen Automotive Co., Ltd.), 19 pure electric bus models, 9 pure electric van models and 52 pure electric special vehicle models.PHEVs (plug-in hybrid electric vehicles) added to the list include 3 PHEV passenger vehicle models (including the Escape and Corsair of Changan Ford A...
News Updated at: 2021/03/15
Ford begins 2021 Escape production, Escape PHEV to begin in April
Ford begins 2021 Escape production, Escape PHEV to begin in April On January 4, production of the standard 2021 Ford Escape began.The 2021 Ford Escape PHEV is currently scheduled to begin production on April 5, the same day that the Lincoln Corsair Grand Touring PHEV is scheduled to begin production, both built on the corporate C2 platform at the Ford Louisville Assembly Plant.The Escape PHEV and Corsair Grand Touring PHEV were first revealed in ...
News Updated at: 2021/01/05
Ford launches all-new Escape Plug-In Hybrid in U.S.
Ford launches all-new Escape Plug-In Hybrid in U.S. On June 8, Ford announced the launch of its all-new Escape Plug-In Hybrid (PHEV) as gas prices are expected to rise following the easing of stay-at-home mandates across the U.S. The Escape Plug-In Hybrid (PHEV) has a best-in-class EPA-estimated all-electric fuel economy rating of 100 MPGe combined and an EPA-estimated 37 miles of all-electric driving range.This Escape features Ford’s innovativ...
News Updated at: 2020/06/09
Ford investing for electrified future in U.S. plants
million investment to build an all-new Transit BEV, among other products.The Kentucky Truck Plant will receive a USD 1 billion investment to build all-new Ford Expedition and Lincoln Navigator models, including HEV variants.The Louisville Assembly Plant will receive a USD 100 million investment for Escape production, including HEV and PHEV variants, as well as the Lincoln Corsair, with PHEV variant.The Ohio Assembly Plant will receive a USD 900 m...
News Updated at: 2019/11/13
Ford second quarter 2019 net income falls 86% to USD 148 million as restructuring continues
8.6% compared to 2018.Sales were down in all regions except for Europe, while revenue was up only in North America and China.In North America, Ford is adding capacity for hybrid versions of its all-new Ford Explorer and Lincoln Aviator, as well as the Police Interceptor, and will launch an all-new Escape in fall 2019.In Europe, an updated two-ton Transit and Transit Custom PHEV will be launching in the second half of 2019, with an all-electric T...
News Updated at: 2019/07/30
2019 SIAIE starts in Shanghai
ts.For American manufacturers, SAIC GM showcased the debuting next-generation Buick Encore family, Buick GL8 Avenir concept vehicle, all-new Chevrolet Trailblazer SUV, next-generation Tracker, Asia-debuting Cadillac XT6, and Buick VELITE 6 electric MAV launched on April 15. Ford debuted the all-new Escape ST-Line, new Edge ST and ST-Line, and F-150 LTD American luxury pickup at the show.For Japanese manufacturers, Toyota made world debuts of the ...
News Updated at: 2019/04/30
Ford introduces next-gen 2020 Escape with two hybrid options
Ford introduces next-gen 2020 Escape with two hybrid options On April 2, Ford introduced the next-generation 2020 Escape SUV, with gasoline, standard hybrid and PHEV choices. Available in S, SE, SE Sport, SEL and Titanium trim levels, the new Escape is built at Louisville Assembly Plant in Kentucky and will reach dealer showrooms in the fall, with PHEV units coming in spring 2020.The new Escape is lighter, longer, wider, and lower, though with mo...
News Updated at: 2019/04/03