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Ford receives Automotive Excellence Award from American Iron and Steel Institute for their advanced high-strength steel innovations in 2021 Mustang Mach-E EV; AHSS accounts for over 50% of vehicle’s body weight, delivers high safety ratings

GlobalData expects EVs to make up 33% new car sales globally by 2031, with annual sales rising tenfold in next 15 years, especially in China, Europe; some 18 nations have set goals to end sales of gas/diesel passenger vehicles, half of which are for 2030

Alpha Motors partners with prototype, low-volume automotive stamping, assembly company UHI Group to have UHI manufacture, validate Alpha Motors’ production-ready EVs; partnership allows Alpha Motors to focus on working toward mass production

Toyota named most-shopped non-luxury brand in Q1 as 37% of non-luxury buyers considered cars, up from 31% a year ago, with BMW named most-shopped luxury brand; 66% of buyers considered an SUV, with 35% considering pickup trucks, 25% looked at EVs: report

Volvo raises €500M through second green bond funding to accelerate transformation to fully electric car maker by 2030, become climate neutral by 2040; two-thirds of proceeds to fund electric powertrain R&D, remainder to boost EV production capacity

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