The strike lingers on, and Ford's chairman says it is time to make a deal:
🔹 Duration: Autoworker strike against Ford is now in its fifth week, significantly affecting operations.
🔹 Bill Ford Speaks: Ford's executive chairman appeals for strike resolution. Silent on the union status of future EV battery plants, unlike GM's recent move.
🔹 Financial Limits: Kumar Galhotra, president of Ford's operations, says they've maxed out their financial offerings to the UAW.
🔹 Operational Impact: Strike forces shutdown of the pivotal Kentucky Truck plant. Over 34,000 workers on strike and 2,480 furloughed.
🔹 UAW's Stance: Union demands better compensation. UAW President Shawn Fain points out the disparity with Ford executive pay.
🔹 Company Image: The dispute challenges Ford's traditionally union-friendly reputation.
Across the globe, Toyota's not jumping fully into the EV train just yet. The 2024 Toyota Crown is the latest model showing off its hybrid prowess. It offers two mild-hybrid powertrains, a blend of luxury and tech features, and a design nodding to both future and tradition. This throwback model, big in Japan, recently made its U.S. comeback and will breathe fresh life into the "How electric is too much too fast?" conversation. 👑🔋🚘
Tesla has dominated its market while playing its own game. Now, it may open up a bit. While not fully endorsing third-party apps, they're giving developers a tiny peek, hinting at potential support. Meanwhile, with Tesla slashing prices and facing sales growth concerns, some investors think it's high time Elon Musk hops on the ad train, like GM and Ford. Do you think they will conquer these new realms, or should they stay at the top of their game? 🚗📱📺
The solid-state battery race is still on, and it looks like China is taking the lead. NIO's solid-state battery game is strong! In under 6 months, they've gone from planning this tech for 3 EVs to 11 more. Teaming up with WeLion, NIO's eyeing longer drives and quicker charges for their cars. They've got paperwork in, hinting both current and future models get an upgrade. 🚗🔋💨