startup Rivian this week produced its first R1T pickup<\/a><\/strong>. Entries from conventional auto brands Chevrolet and Ram, as well as other new entrants such as Bollinger, are also in the works.<\/p>\n\n\n\nFor his part, Ford CEO Jim Farley recently announced a 250% increase in the company\u2019s planned investment in electrifying its line-up \u2014 a move that will also include hybrids and plug-in hybrids. Galhotra would not rule out a further increase in the plan which now standard at $30 billion through the rest of this decade.<\/p>\n\n\n\n
All told, AlixPartners has estimated the auto industry will collectively invest about $330 billion in battery-car development and production by 2025.<\/p>\n\n\n\n
President Joe Biden recently signed an executive order setting a goal of having plug-based models account for 50% of U.S. sales by 2030. He has been pressing for funding to help support that goal. That includes money for both a nationwide network of charging stations, as well as increased tax credits for EV buyers. A proposed incentive program currently is working its way through the U.S. House of Representatives.<\/p>\n","protected":false},"excerpt":{"rendered":"
Ford Motor Co. will double the planned capacity of its new battery-electric pickup plant as it responds to unexpectedly high demand for the F-150 Lightning set to go on sale late next spring. The plant will be tooled to handle 80,000 vehicles. Get details at TheDetroitBureau.com.<\/p>\n","protected":false},"author":2,"featured_media":208977,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","footnotes":""},"categories":[7,8,5,10,2648,9],"tags":[2674,658,364,2675,2676],"make":[],"post-state":[],"category_old":[],"acf":[],"_links":{"self":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/208963"}],"collection":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/comments?post=208963"}],"version-history":[{"count":5,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/208963\/revisions"}],"predecessor-version":[{"id":209005,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/posts\/208963\/revisions\/209005"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media\/208977"}],"wp:attachment":[{"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/media?parent=208963"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/categories?post=208963"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/tags?post=208963"},{"taxonomy":"make","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/make?post=208963"},{"taxonomy":"post-state","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/post-state?post=208963"},{"taxonomy":"category_old","embeddable":true,"href":"https:\/\/thedetroitbureau.com\/wp-json\/wp\/v2\/category_old?post=208963"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}