Electrum and Nissan launch AI-powered NISSAN ENERGY Marketplace ahead of federal EV incentives expiry

Facing significant financial losses and fierce competition, Ford Motor Company is set to reveal detailed plans for an affordable electric vehicle line on 11 August 2025, marking a strategic pivot aimed at regaining market share with a flexible mid-size electric pickup and new cost-cutting innovations.Ford Motor Company is gearing up to share more detailed info about its plan for a low-cost electric vehicle (EV) line at an upcoming event set for August 11, 2025, in Kentucky. This move signals a pretty significant shift in strategy, especially considering the recent setbacks they’ve faced financially in their EV division—which, in the second quarter of 2025, reported a staggering $1.3 billion loss. So, leadership is now really emphasizing affordability combined with innovation, trying to claw back some market share in an EV landscape that's changing fast and feels pretty pressure-filled right now. CEO Jim Farley went as far as calling this new initiative a “Model T moment” for Ford. It’s a pretty bold statement, highlighting the historic importance of mass-market innovation—something Ford hopes to replicate in the electric realm. The low-cost EV project was first hinted at earlier in 2024, led by Alan Clarke, a former Tesla executive. The development team behind this effort is quite eclectic, pulling talent from top tech and auto companies like Apple, Lucid Motors, Rivian, and Tesla itself. The first vehicle on this platform? Well, it’s expected to be a mid-size electric pickup, with plans to launch around 2027. This platform aims to be pretty flexible, supporting different body styles for both regular consumers and commercial customers, and it’ll come with customizable digital services to make the user experience more engaging. This shift toward affordability isn’t just random; it’s partly a response to declining sales of flagship models like the F-150 Lightning and Mustang Mach-E. Plus, the overall EV market outlook for Ford is getting tougher because of increasing competition. Tesla is planning a cheaper version of its Model Y later this year, GM's reintroducing the Chevrolet Bolt in 2026, and newer players—like Slate Auto, backed by Jeff Bezos—are preparing to launch affordable electric pickups as early as late 2026. Additionally, the US market itself is kind of in flux, with EV sales growth slowing down, thanks to shifting policies and consumer mood under the current administration. Beyond just the price, Ford is also trying to get on the same level as Chinese EV manufacturers, who’ve set a pretty handy pricing benchmark with their competitive costs. The California-based “skunk works” team assigned to this project is aiming for major cost cuts across the entire system—not just batteries. That includes parts like chassis, thermal management, inverters, and electronic modules. Although industry insiders say success might depend heavily on securing roughly $700 million in US federal tax credits designed to offset Ford’s big $3 billion investment in a new battery plant in Michigan, the future of those incentives isn’t guaranteed. They’re still tied up in legislative negotiations, so whether Ford gets them or not is a bit of an open question right now. Interestingly enough, Ford’s pivot to more budget-friendly EVs has also meant some scaled-back ambitions. For instance, the company recently dropped the FNV4 project—an advanced electrical architecture initiative meant to create, you know, a Tesla-like centralized software system. That project was halted because costs and delays spiraled out of control, highlighting just how tough it is for traditional automakers to create complex software systems at Tesla’s level of vertical integration. That said, Ford isn’t throwing in the towel entirely; they plan to take lessons from this experience and apply them to boost their current software capabilities across their vehicle lineup. Financially, these changes mean a few pragmatic adjustments. Production of the next-generation full-size electric pickup has now been pushed back by about 18 months, aiming for a 2027 launch. Meanwhile, plans for an all-electric three-row SUV have been put on hold in favor of hybrid models, mostly because batteries remain so costly. Plus, Ford is planning to cut its EV development spending from 40% of its annual budget down to 30%, a move that shows they’re being a bit more cautious in light of all the market uncertainties and tech challenges they’re facing. The push to make EVs more accessible to consumers also includes new incentives. Recently, Ford rolled out its “Ford Power Promise” program, aimed at lowering barriers to EV adoption—like the hefty costs of home chargers—by offering free Level 2 charger installations along with other perks for customers who buy models like the F-150 Lightning and Mustang Mach-E. It’s all part of a broader effort to educate and motivate consumers who might still be hesitant about switching over to electric. With the first products from this new, lower-cost EV platform not expected until 2027, Ford is facing a pretty tight timeline to stay relevant amid rapid competition and market shifts. The first half of 2025 showed only a modest 7% growth in US EV sales, a sign that the market is maturing—early adopters are giving way to more cautious buyers, which makes Ford’s strategy even more crucial. All in all, their repositioning seems like a calculated move to battle mounting financial pressures, rising competition, and changing consumer expectations—aiming to carve out a sustainable, profitable spot in the EV world through smarter costs, strategic innovation, and targeted product offerings. Source: Noah Wire Services

At GIIAS 2025, BYD unveiled its largest and most immersive booth yet in Indonesia, combining VR and AR technologies with the launch of the advanced e-Platform 3.0. Showcasing a diverse electric vehicle lineup and a new lifestyle brand concept, BYD is pushing the boundaries of EV innovation and education in Southeast Asia’s automotive scene.At GIIAS 2025—the biggest and most eagerly awaited automotive event in Indonesia—BYD, short for Build Your Dreams, really stole the show. The company drew lots of attention from folks in the industry, tech lovers, and everyday consumers. They brought a pretty comprehensive display of their electric vehicle offerings and lifestyle products, making their booth a real stand-out. The overall design and presentation weren’t just eye-catching—they showcased BYD’s dedication to pushing the envelope in electric mobility, sustainability, and engaging their customers in new ways. It kinda reminded everyone that they’re serious about leading in this space. The BYD booth itself had this cool, futuristic vibe, stretching over nearly 3,000 square meters—making it one of the largest at GIIAS. The layout was carefully planned, splitting the space into different interactive zones where entertainment, learning, and tech merged seamlessly. One of the biggest hits was the BYD Vision zone, which used VR (Virtual Reality) tech to give visitors a truly immersive experience. People could put on VR headsets and, wow, explore vehicle features and innovations as if they were right inside the cars. Naturally, this led to long lines and a lot of excitement, with folks eager to see everything firsthand. They also introduced AR (Augmented Reality) tech that displayed detailed info about their latest models’ specs and design nuances. This cutting-edge tech approach really cemented BYD’s status as a front-runner in EV innovation. A major highlight was their reveal of the e-Platform 3.0—this is an advanced electric vehicle platform, you see, supporting better chassis performance and overall vehicle efficiency. It’s a core piece of their latest models, showing that BYD remains committed to foundational automotive tech, especially something that helps improve powertrain integration and keeps the ride smooth and responsive. Alongside these technical displays, they also showcased original car parts with a touch of elegance. This allowed industry insiders and tech enthusiasts alike to get a glimpse of the engineering complexity involved in BYD’s EVs—a chance to appreciate the craftsmanship beneath the surface. When it came to the vehicles themselves, the lineup on display was pretty extensive. You had models like the Atto 3, Dolphin, Seal, M6, and the recently launched Atto 1—some painted in a bright yellow that really grabbed attention. They even set up a test drive zone, featuring nearly ten EVs, so potential buyers and fleet managers could actually try out the cars’ performance themselves. This is a smart move, especially for decision-makers considering electrification for their fleets. Plus, the booth showcased the high-performance Yangwang U9 supercar, which features the cutting-edge e⁴ Platform with four independent electric motors and BYD’s unique DiSus X suspension system. This supercar could do some wild stuff—like ‘tank turns’ and wheel movements timed perfectly to music—highlighting BYD’s blend of luxury, high tech, and sporty performance. But it wasn’t just about vehicles. BYD also promoted a broader lifestyle concept through its “BYD Lifestyle” zone. Here, visitors could check out eco-friendly bags, tumblers, and character merchandise—all designed to reinforce the idea that sustainable living isn’t just about cars, but about a whole lifestyle. They also teamed up with Pi-ma! to create a series of smartphone cases inspired by automotive themes—featuring futuristic designs and natural landscapes, marrying tech with everyday products. This isn’t just about selling cars—BYD is positioning itself as a lifestyle brand that appeals to environmentally conscious folks of all ages and backgrounds. Education played a key role, too. BYD wanted to help demystify EV technology and make it more accessible. Visitors could see clear displays showing powertrain systems and read up on the benefits of EVs—like energy efficiency, safety, and lowering environmental impacts. They also offered interactive EV driving simulations, making the whole learning process fun and practical—kind of like giving visitors the skills and confidence needed to support EV adoption, especially in Indonesia’s fleet and aftermarket sectors. Looking at the bigger picture, BYD’s booth at GIIAS 2025 was a clear statement of their focus on innovation, product variety, and education. They combined advanced digital experiences—like VR and AR—with real-world test drives and engaging learning tools, positioning themselves as a key player in Indonesia’s transition to electric mobility—and, really, in Southeast Asia overall. It’s pretty clear that they’re determined to shape the future of transportation here, and I think they’re well on their way. Source: Noah Wire Services

Drawing a record 15,000 attendees and showcasing over 550 exhibitors, Automechanika Birmingham highlighted the accelerating innovation in collision repair and ADAS calibration tools, alongside major product launches and expanded global supply chain roles for Asian manufacturers.The recent Automechanika event in Birmingham, UK, really marked a significant milestone for the automotive aftermarket and collision repair tech scene, pulling in a record-breaking 15,000 visitors and showcasing around 550 exhibitors. Over the course of three lively days, the expo became quite the hub of innovation, learning, and networking. It really highlighted how quickly the industry’s changing—especially with all the complexities that come with the rise of Advanced Driver-Assistance Systems, or ADAS, in modern vehicles. There was plenty to soak in—over 180 hours of specialist talks, to be honest, covering everything from vehicle detailing, speedy diagnostic repair systems, to new techniques for small area repairs. These sessions offered some pretty priceless insights, especially into the current hurdles and what the future might hold for collision repair and regular vehicle upkeep. Industry groups like Solera and Thatcham Training contributed heavily to this educational lineup by sharing their expertise—think clean sanding tech, seam replication, and also rolling out the latest Cubitron II abrasive discs, which now come in superfine grits to really improve repair quality and cut down on time. Big-name companies across the automotive aftermarket space had a strong presence, with dedicated lounges and live demo zones. Brands like 3M, Indasa, AllData, Hella, Norton Abrasives, Prevost, Thatcham Research, Walcom, and Sagola all showed off their latest gear and tech designed to make body shops more productive. For example, 3M introduced some new clean sanding and seam replication systems, while Norton Abrasives demonstrated customized workstations aimed at smoothing out workflows. You could also check out Indasa’s new HT Ceramic abrasive line, which is making waves globally, showing just how much abrasive tech has advanced—pretty handy for prepping surfaces efficiently. Product launches were definitely a highlight—over 50 new items hitting the scene during the event. One standout was Snap-On’s new V2180 wheel alignment package, featuring these honed rotating hubs—aimed at making wheel alignment both faster and more precise, which is super important given how complicated vehicles are getting. Hella also showcased its next-gen ADAS calibration tool—an absolutely vital piece of kit because with more ADAS systems in cars than ever before, calibration needs to be spot-on to keep safety and performance levels high. And GS27 launched a Ceramic Rain Cleaner, adding to the variety of products meant to keep everyday vehicle maintenance in check. Another interesting aspect was how Asian manufacturers are really stepping up their game within the global supply chain for automotive parts. Their footprint’s definitely expanding—in parts, gaskets, abrasives—you name it—making them pivotal players worldwide. It’s kind of a sign of how globalized and complex the supply chain puzzle has become in the auto repair universe. Beyond just showcasing products, Automechanika Birmingham put a real focus on skills development and ongoing education. The workshops and training hubs were packed with folks eager to learn new repair techniques, diagnostic methods, and the latest tech. It was a pretty immersive experience—not just sitting and listening, but also watching live demos and panel discussions. Whether you were a technician, a workshop manager, or an OEM specialist, there was plenty to take away to stay ahead of the game and keep up with tightening regs and high-tech car tech. All in all, the event really sent a clear message: the industry is committed to moving forward—innovating, training, adapting. As vehicles become more advanced, especially with systems like ADAS, the aftermarket's got to keep pace—upgrading its tools, skills, and processes—to ensure that repairs are safe, effective, and up to OEM standards. It’s pretty fascinating, really—how quickly this whole scene’s evolving. Source: Noah Wire Services