Ford and GM are recycling iconic cars to catch up with Tesla

And you thought you might never see them again.

Several vehicles that made a name for themselves in the glory days of the internal combustion engine are finding new life as environmentally friendly vehicles.

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Last month, Chrysler, the American car brand revered for nearly 100 years, introduced its first electric vehicle and its parent company Stellantis (STLA) – Get the Stellantis NV report said it would switch to full battery power by 2028, joining a growing list of major automakers.

Ford (F) – Get Ford Motor Company report Mustang defined a generation and is currently the oldest Ford car nameplate.

Named after a World War II fighter plane, the Mustang was unveiled by Henry Ford II on April 17, 1964 at the New York World’s Fair.

Ford sold over 400,000 Mustangs in its first year of production, far exceeding sales expectations.

A 1968 Mustang 390 GT was featured in Steve McQueen’s 1968 film “Bullitt” during a car chase through the streets of San Francisco.

It’s hard to say what McQueen would think of the electric version, but the 2021 Ford Mustang Mach-E can save you some cash.

The Mach-E and the Toyota (TOYOF) The Rav4s were tested in a study by IHS Markit, Atlas Public Policy and the Wall Street Journal that showed electric vehicles cost less to refuel than their gas-powered counterparts.

“Growing customer demand”

The study concluded that over time, the average electric vehicle owner saves more money than a gas-powered driver due to reduced fuel and maintenance costs.

Ford began manufacturing trucks in 1917 and the F-series debuted in 1948. It was Ford’s first post-war truck and each truck was equipped with a manual transmission.

The F-150 was introduced in 1975 and has since become the most popular motor vehicle of all time.

Ford introduced the F-150 Lightning last year, and the automaker said in January it would nearly double production of the pickup at its Dearborn, Michigan plant to 150,000 vehicles a year “to meet the increasing customer demand”.

The design of Land Rover, a predominantly British four-wheel-drive brand, made its official debut in 1948 at the Amsterdam Motor Show.

In 1994, BMW (BMW) acquired Rover Group plc, including Land Rover, which split the business and sold the Land Rover to Ford (F) – Get Ford Motor Company report. In 2008, Indian automaker Tata Motors (MTT) – Get the report from Tata Motors Ltd. creation of Jaguar Land Rover Limited.

Jaguar Land Rover will receive a $670 million state-backed loan to support the UK’s biggest automaker in its transition to manufacturing electric vehicles. Land Rover will receive its first all-electric model in 2024.

The company, which announced the Jaguar I-Pace electric SUV in 2018, also intends to phase out combustion engines from its Jaguar brand from 2025.

“The most anti-environmental vehicle”

And then there’s the Hummer.

The huge, gas-guzzling vehicle became an environmentalist’s worst nightmare when it entered an unsuspecting world in 1992.

It was the civilian version of AM General’s M998 Humvee and is said to have come about in part thanks to Arnold Schwarzenegger, the actor and former governor of California, who saw an army convoy at the depot of Kindergarten Cop.

Schwarzenegger lobbied AMC to make a civilian version of the Humvee, and he bought the first two Hummer H1s.

Who will say no to Terminator?

Meanwhile, David Hirsch of Friends of the Earth USA once described the Hummer as “the most un-environmental vehicle in the history of the world”.

AM General sold the brand name to General Motors (GM) – Get General Motors company report in 1999, but continued to manufacture the vehicles. Rising gas prices prompted GM to say in 2008 that it was looking at the brand and it looked like the Hummer was ready to pull away when the sun went down.

However, the Hummer is seeing a new chapter as an electric vehicle, and GM recently said it received nearly 59,000 reservations for the GMC Hummer EV.

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