Announce plans to pursue first joint EV program. Lordstown Motors Corp. (LMC) (NASDAQ: RIDE), the commercial electric vehicle (EV) manufacturer, and Foxconn Ventures Pte. Ltd., an affiliate of global technology company Hon Hai Technology Group that manufacturers iPhones for Apple, announced Foxconn agreed to make additional equity investments in LMC in the form of $70 […]
I-CAR Receives Awards for New EV and ADAS Hands-On Training
A panel of international media judges has awarded I-CAR, the Inter-Industry Conference on Auto Collision Repair, a prestigious SEMA Global Media Award in recognition of its new Electric Vehicle (EV) Hands-On Skills Development course. Introduced earlier this summer, the 5-Day EV Hands-On Skills Development course serves as the capstone to eight (8) prerequisite EV courses […]
Electrified Vehicle Sales Hit Record in Third Quarter
Sales of electrified vehicles hit a record in the third quarter, as one of the hottest segments in the U.S. automotive market continues to make waves throughout the industry, according to Kelley Blue Book, a Cox Automotive company. More than 200,000 electrified vehicles were sold in the three-month span of Q3 – a first – […]
Rising Input Costs Squeezing Out Entry-Level Battery Electric Vehicles
BEVs projected to have 51.5% market share in U.S. in 2031. The biggest challenge for OEMs rolling out new battery electric vehicles (BEVs) is rising input costs, which are affecting cost parity with traditionally powered vehicles. With prices of key raw materials used in BEVs having risen dramatically since 2019, S&P Global Mobility sees the […]
U.S. Electric-Vehicle Tax Breaks May Violate Global Trade Rules
Favoring domestic industries could violate WTO rules, according to foreign officials and trade analysts. According to an article in the Wall Street Journal, European and Asian trade authorities are raising concerns that the expanded electric vehicle tax credits included in legislation signed into law by President Biden in August may violate Word Trade Organization (WTO) […]
New York State to Mandate All New Vehicles be Zero Emission in 2035
Governor signs directive to advance zero-emission vehicles requirements for all new passenger cars, pickup trucks, and SUVs sold in state. New York Governor Kathy Hochul yesterday commemorated National Drive Electric Week by directing the State Department of Environmental Conservation to take major regulatory action that will require all new passenger cars, pickup trucks, and SUVs […]
Hertz Plans to Order 175,000 EVs from GM
Hertz (NASDAQ: HTZ) and General Motors Co. (NYSE:GM) today announced an agreement in which Hertz plans to order up to 175,000 Chevrolet, Buick, GMC, Cadillac and BrightDrop EVs over the next five years. Hertz and GM believe this plan is the largest expansion of EVs among fleet customers and the broadest because it spans a […]
ASA Webinar Examined Advanced Clean Cars II, Service Information, and Vehicle Data
The Automotive Service Association (ASA) hosted a bonus Webinar on Friday for a conversation with Bob Redding, ASA’s Washington, D.C. representative, and Steve Douglas, Vice President for Energy and Environment at the Alliance for Automotive Innovation. The webinar was focused on the recent California Air Resource Board (CARB) Advanced Clean Cars II (ACC-II) regulations and […]
Electric Vehicles Were 6.6% of New Vehicle Sales in U.S. During Second Quarter
The Alliance for Automotive Innovation released its latest analysis of the U.S. electric vehicle (EV) market for April, May and June of 2022. The Get Connected Electric Vehicle Quarterly Report for Q2 summarizes EV sales, purchasing trends and public charging infrastructure across all 50 states. John Bozzella, president and CEO of the Alliance for Automotive […]
Mitchell Estimating Platform to Include Electric Vehicles Enhancements
Mitchell today announced enhancements to Mitchell Cloud Estimating that can simplify the collision damage appraisal process for battery electric vehicles (BEVs). The patent-pending EV enhancements to Mitchell Cloud Estimating will be available later this year. Historically, estimating platforms have not accounted for the design differences between EVs and their internal combustion engine (ICE) counterparts. This […]
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