U.S. Secretary of Energy Jennifer M. Granholm and U.S. Secretary of Transportation Pete Buttigieg signed a memorandum of understanding to create a Joint Office of Energy and Transportation to support the deployment of $7.5 billion from the President’s Bipartisan Infrastructure Law to build out a national electric vehicle charging network that can build public confidence, […]
Alliance for Automotive Innovation Reports 11 States and District of Columbia See New EV Registrations Above 5 Percent
Light trucks make up 60% of the ZEV market. The Alliance for Automotive Innovation released the latest Get Connected Electric Vehicle Quarterly Report, providing an overview of zero emission vehicle (ZEV) sales for the third quarter (Q3) of 2021 along with purchasing trends by state and vehicle segment. “This report highlights the growth we have […]
President Biden Signs Executive Order on Clean Energy, Electric Vehicles
The Automotive Service Association (ASA) reports that on Wednesday, President Joe Biden signed the Executive Order on Catalyzing Clean Energy Industries and Jobs Through Federal Sustainability. The order is meant to make the federal government carbon neutral through the use of renewable power sources and building materials to construct and run federal buildings, and the […]
U.S. DOT Announces Initial Framework for EV Charging Station Programs
The Automotive Service Association reported that the U.S. Department of Transportation (DOT) took the first steps this week in establishing programs for a national network of electric vehicle charging stations, as mandated in the bipartisan infrastructure bill passed earlier this year. The agency posted a request for comments from stakeholders on best practices to develop […]
Electric Vehicle Manufacturer Rivian Announces Pricing of Upsized Initial Public Offering
Company will raise $11.9 billion to fund expansion. Rivian Automotive, Inc. announced the pricing of its upsized initial public offering of 153,000,000 shares of Class A common stock at a public offering price of $78.00 per share, valuing the company at over $77 billion In addition, Rivian has granted the underwriters a 30-day option to […]
ASA Announces 8th Annual Technology and Telematics Forum as Virtual Webinar Series
Alliance for Automotive Innovation and ASA host program on the future of EVs. The Automotive Service Association (ASA) announced the 8th Annual Technology and Telematics Forum as a virtual webinar series. The event was previously scheduled for November 1 in Las Vegas, Nevada as part of the Congress of Automotive Repair and Service (CARS) Executive […]
SCRS Announces OEM Collision Repair Technology Summit Session on Electric Vehicles
The Society of Collision Repair Specialists (SCRS) announced the participating subject matter experts in the OEM Collision Repair Technology Summit session on Electric Vehicles (EVs). The panel discussion will be held Thursday, November 4th during the 2021 SEMA Show from 9:00 10:30 a.m. and will feature: Jennifer Goforth – General Motors | Director – Global […]
AIADA Calls Proposed EV Tax Credit for Union Built Vehicles Discriminatory
The American International Automobile Dealers Association (AIADA) yesterday launched an awareness campaign to highlight the employment and environmental consequences that will result from the severe limitations of a proposed new tax credit for electric vehicles (EV). “There are more than 50 EV models sold in the U.S., but Congress’s proposed new $4,500 tax credit will […]
Ford Submits Electric Police Vehicle to Michigan State Police for Testing
As part of its more than $30 billion investment in electrification through 2025, Ford is exploring all-electric, purpose-built law enforcement vehicles. To demonstrate that a vehicle with an electric powertrain can deliver strong performance and stand up to demanding police duty cycles, the company is submitting an all-electric police pilot vehicle based on the 2021 […]
SEMA Projects Alternative Power Vehicles to Account for 45% of U.S. Light Vehicle Sales by 2035
Despite projected growth, electric and hybrid powertrains currently represent only a small niche market for automakers and the specialty-equipment industry. Sales of alternative power vehicles, while currently representing just 5% of all U.S. light vehicle sales today, are expected to reach 45% by 2035, according to new SEMA market research. Eighteen of the top 20 […]
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