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Fiat Promises to Phase Out ICE Cars And Sell Only EVs by 2030

Fiat chose the eve of World Environment Day 2021 – which is on June 5 – to announce it will sell only electric cars from 2030 on. The news came from Olivier François, Fiat CEO and Stellantis CMO. It was announced side by side with Stefano Boeri, the architect that conceived Milan’s Vertical Forest (Bosco Verticale) – a building with 27,000 plants.
Stefano Boeri Olivier Fran Bosco Verticale World Environment Day Vertical Forest Solid Power

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Ford's on the Right Road

Ford (F) used its long-awaited investor day to introduce its Ford+ plan. We like what we heard around the automakers aggressive move toward battery electric vehicles, including that 40% of global volume will be all electric by 2030 and BEV spending will increase by about $8 billion to more than $30 billion for 2016-25. For years, Ford has talked about a total company adjusted EBIT margin of 8%, and it now feels confident in saying that will occur in 2023. This margin assumes 10% in North Americ...
United States Ford Europe Jim Farley Tesla Cybertruck North America South America

Ford boosts EV spending, aims to have 40per cent of volume all-electric by 2030

Ford boosts EV spending, aims to have 40per cent of volume all-electric by 2030 Toggle share menu Advertisement Ford boosts EV spending, aims to have 40per cent of volume all-electric by 2030 DETROIT :Ford Motor Co on Wednesday outlined plans to boost spending on its electrification efforts by more than a third and said it aims to have 40per cent of its global volume be all electric by 2030 in a move to have investors value it more like a technolo...
United States South Korea Ben Klayman Jim Farley Steve Orlofsky Henry Ford

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