EV Sector Updates: Rolls-Royce Recall, GM's Plug-in Hybrid Plans, and Ford's Sales Strategies

In a recent development, Rolls-Royce has issued a recall for its first electric vehicle, the 2024 Spectre, over concerns related to a potential ground cable connection issue Addressing a shift in strategy, CEO Mary Barra announced that General Motors (GM) intends to reintroduce plug-in hybrid models to the North American market This decision reflects a significant pivot for GM, recalling its pioneering efforts with the plug-in hybrid Chevrolet Volt, which ceased production in 2019. Meanwhile, the Detroit automaker pushes towards its goal of zero tailpipe emissions from light-duty vehicles by 2035 In another move to stimulate EV adoption, Ford is extending fleet discounts on the Mustang Mach-E and allowing dealers to leverage existing inventory as rental cars, part of their approach to enhance sales figures.