Passage – California Times

Passage Q2 profit: EV reception will be ‘surprisingly sluggish,’ pushes back 600K run rate objective

CategoryBusinessPosted onJuly 28, 2023July 28, 2023AuthorTejaswini PatilLeave a comment

Portage Engine delivered Q2 income post-retail close on Thursday, saying, “EV reception will be somewhat more slow than anticipated.” The automaker is pushing back its 600,000 EV run rate objective until the following year. Passage’s second-quarter income reviewSubsequent to losing $2.1 billion last year, working Continue Reading

Passage reduces costs on electric pickups in the midst of fight with Tesla

CategoryBusinessPosted onJuly 18, 2023July 18, 2023AuthorTejaswini PatilLeave a comment

Portage Engine Co. has reduced the costs on its line of electric vehicle (EV) pickup trucks with an end goal to challenge EV market pioneer Tesla. According to a Monday report by CNBC, the automaker based in Detroit said that the reason for the price Continue Reading

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Passage Q2 profit: EV reception will be ‘surprisingly sluggish,’ pushes back 600K run rate objective

Passage reduces costs on electric pickups in the midst of fight with Tesla

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