Latest Developments in the Electric Vehicle Industry Featuring Ford, Rivian, and Toyota

Ford, Rivian, and Toyota have recently reported a notable increase in EV registrations in the United States for the month of April This growth trend was stimulated by significant price reductions and various incentives that offered consumers savings upwards of $10,000 on some models Additionally, in a recent development at Ford, CEO Jim Farley shared insights on the company's advances in autonomous driving technologies. Ford has now reached Level 3 autonomy, which allows for hands-free and eyes-off driving However, the implementation of this technology for consumer testing is expected to be some time away.