Ford is returning to Formula One after more than two decades as a partner to reigning champions Red Bull Powertrains. The automaker will reenter F1 in 2026, when new regulations will require teams to use fully sustainable ethanol as fuel and increase electrical power by as much as 50 percent. Audi also plans to join then,
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2:11 PM ET NEW YORK — On Friday, Ford announced its return to Formula One as a partner of Red Bull’s nascent powertrains division. The deal will see the famous Blue Oval back on the F1 grid from 2026 onwards, although its involvement in F1 will remain a step short of the likes of Mercedes,
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Tesla Inc. raised prices in the United States of its best-selling vehicle, the Model Y, by $1,000 after the government raised the ceiling on the price of crossover electric vehicles eligible for tax credits. Tesla increased the price of the Model Y Long Range to $54,990, and the Model Y Performance to $57,990, a $1,000
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In this article RIVN F Follow your favorite stocksCREATE FREE ACCOUNT RJ Scaringe, Rivian founder and CEO, and Ford Executive Chairman Bill Ford announce a $500 million Ford investment in Rivian. Source: Ford Motor Co. DETROIT – Ford Motor liquidated most of its ownership stake last year in electric vehicle maker Rivian Automotive, according to
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Feb 3, 2023 NEW YORK — Ford has confirmed it will return to Formula One in 2026 as it joins forces with world champions Red Bull. The American automotive giant announced its return to the sport on Friday morning at Red Bull’s launch event in New York. The deal will see Ford team up with
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Road trips in electric vehicles could soon become more feasible and easier to plan with Electrify America charging stations coming to travel centers across the U.S. Electrify America and TravelCenters of America detailed a new partnership Monday to install 1,000 chargers at 200 TravelCenters locations along major highways over the next five years. The companies
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SAN LUIS POTOSI, Mexico — BMW plans to invest 800 million euros ($866 million) in the central Mexican state of San Luis Potosi to produce high-voltage batteries and fully electric Neue Klasse models. The expansion, set to add around 1,000 new jobs at its operations in the Mexican state, is BMW’s latest push into electric
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