Ford is showing off its new van like a proud parent who finally gave up their motorcycle. The Electric Tourneo Van is more than a minivan in both sizes and in a unique "office on wheels" vibe. The 230-mile range electric and plug-in hybrid version comes with an onboard generator, providing enough power to sustain a home office away from home.
This really complicates the whole "working from home" conversation. Does the parking lot at the office count as returning to the office? “I drove, what more do you want?!”
Toyota did NOT announce a production cut for October. We know. It feels good to read it. The company has been on its back foot a good deal this year as ongoing supply shortages created monthly and eventually annual production downgrades.
Last month, they reported a 23% increase in global vehicle output, beating their downgraded target of 750K with just over 771K. The company is on track for its 9.2M annual projection, downgraded from 9.7M earlier this month. Finishing the fiscal year with a 600K increase from 2021.
Toyota: OEM and expectation management gurus.
VinFast wept, for there were no more worlds to conquer - unless you look outside South East Asia, which they are now. The company spent 5 years developing a solid home base and has signified a transition toward expansion by shipping its first batch of EVs to the US. 999 (a lucky number in Vietnam) VF 8s are on the way to California with $40K price tags and 290-mile range batteries.
A North Carolina plant may bring VinFast production into US tax credit eligibility in 2024. For now, they are putting faith in the vehicle's stand-alone appeal.
Something pretty Spartan about entering a market that is low key incentivizing people to buy from somebody else... #Respect