Keep pulling the thread on Ford F-150 Lightning.
Honda is the only major automaker competing in the U.S. market that has not yet built its own proprietary long-range EV.
Honda recorded a write-down of approximately $15.7 billion, attributing the loss to changes in its EV plans and an inability to compete in the Chinese market.
The Biden administration implemented 100% tariffs on electric vehicles built in China.
Global sales of gasoline-powered cars peaked in 2019.
Since 2019, all growth in the global auto market has come from plug-in hybrids and fully electric vehicles.
Ram has canceled the fully electric version of its pickup truck after multiple delays.
Honda has canceled all of its future electric vehicles that were planned for production in the United States.
The Trump administration rolled back ambitious fleet average fuel economy standards, reducing regulatory pressure on automakers to sell EVs.
The Trump administration took action to roll back California's authority to set its own vehicle emission standards.
Lucid's new mid-sized platform will support at least three models, including the Lucid Earth and the Lucid Cosmos.
Lucid is targeting a price point of around $50,000 for its upcoming mid-sized platform vehicles.
The Ford F-150 Lightning sold over 30,000 units but was not profitable for the company.