Ford EVs are losing money, but hope is on the way with a next generation of vehicles. Mazda shows an appealing electric sedan so far limited to China. Toyota plans a second U.S.-made three-row electric SUV. And Honda is creating another EV hub in Canada. This and more, here at Green Car Reports.
More lower-priced Ford EVs are on the way, the automaker said, as it reported a massive loss on its EVs for the first quarter of the year. As executives explained, Ford has managed to cut costs with the Mustang Mach-E EV, but it can’t keep up with the price cuts needed to stay competitive.
Mazda has applied its design flair to an EZ-6 electric sedan that incorporates tech from China’s Changan Automobile. Although its range figures far more effectively represent what American buyers might seek in an EV, Mazda hasn’t yet confirmed plans for any markets outside China.
Toyota…
Read full article originally published on www.greencarreports.com