The Latest
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Justin Sullivan via Getty Images
Toyota’s hybrid-only Camry serves as a ‘bridge’ during slow EV adoption
The automaker is building out its mix of low-emissions products, which to date include more hybrids than battery-electric vehicles.
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Permission granted by Pilot
Pilot debuts first locations in EV charging network
Starting next spring, drivers of General Motor vehicles will become eligible for various benefits at Pilot charging stations, including the ability to reserve a charger and discounts on charging.
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Courtesy of Nielsen
Gracenote’s new data platform lets automakers customize infotainment offerings
Vehicle makers will have access to the company’s entertainment datasets for radio, streaming music, movies, podcasts, sports and more.
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Retrieved from Electreon on December 06, 2023
Detroit unveils wireless EV charging roadway
The quarter-mile stretch, which recharges vehicles as they drive or park on the street, was designed at Michigan Central, a subsidiary of Ford Motor Company.
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Courtesy of Ford
Ford Pro and Xcel Energy to install 30,000 EV chargers for commercial fleets
The partnership will roll out in Colorado and Wisconsin next year, with plans to expand to six other states by 2030.
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Courtesy of Continental AG
Continental to spin off user experience unit
The plans are part of the auto supplier’s strategy to reduce costs of its automotive business by 400 million euros a year starting in 2025.
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Bill Pugliano via Getty Images
EV sales climb and are on track to be 9% of US new car purchases in 2023: Atlas Public Policy
U.S. sales of hybrid, plug-in hybrid and battery-electric vehicles reached 17.7% of new light-duty vehicle sales in the third quarter, according to the Energy Information Administration.
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Courtesy of General Motors
GM lands 10-year contract to build armored SUVs for State Department
The automaker is revamping the manufacturing process to improve build and delivery times.
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Courtesy of Acciona Energia
Lithium-ion battery prices hit record low, drop 14% from 2022: BloombergNEF
Prices rose last year for the first time since 2010, then dropped sharply thanks to factors including increased production capacity, the firm said.
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Courtesy of Ford Motor Co.
Ford says new UAW contract will cost $8.8B
The automaker estimates its new labor contract with the United Auto Workers union will cost around $900 per vehicle by 2028.
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Courtesy of Hyundai Motor Group
Hyundai and Kia unveil ‘Uni Wheel’ in-wheel motor for EVs
Hyundai and Kia’s Universal Wheel Drive System could be a game changer, with the potential to transform how electric vehicles are made.
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Courtesy of Toyota Motor North America
Thousands of non-union autoworkers launch campaign to join UAW
The massive union drive covers nearly 150,000 autoworkers from at least 13 companies, including Toyota, Honda, Hyundai and Mercedes-Benz.
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Nic Antaya via Getty Images
New IRA guidance limits battery components made in China
The long-awaited proposed guidelines clarify how the law’s “foreign entity of concern” requirements will impact automakers’ ability to qualify for EV tax credits.
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Courtesy of Lion Electric
Lion Electric lays off 10% of workforce
The electric bus, truck and battery manufacturing startup joins a growing list of companies adjusting plans due to lower-than-expected EV demand.
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Courtesy of DB Schenker
Auto industry eyes air freight to trim backlogs post-UAW strike
Suppliers and OEMs are prioritizing shipping speed and reliability to aid their supply chain recovery, industry experts say.
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Justin Sullivan/Getty Images via Getty Images
Dealerships call on Biden administration to slow EV transition
A coalition of more than 3,000 dealers wrote a letter to the president saying battery electric vehicles “are stacking up in our lots.”
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Courtesy of General Motors
GM says UAW labor agreement will cost $9.3B through 2028
GM said the stock buyback would help the company offset the cost of its UAW deal, which includes a 25% wage increase for hourly workers over the next four and a half years.
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Bill Pugliano via Getty Images
Toyota to sell $4.7B stake in Denso by year-end: Reuters
The sale would help free up funds for the automaker to further invest in electric vehicle development.
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Courtesy of Volkswagen
Volkswagen will consider layoffs to cut costs amid disappointing EV transition
Brand chief Thomas Schäfer told staff its namesake brand was “no longer competitive.”
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Courtesy of Hyundai Motor Group
Hyundai to pause construction of its South Korea factory to build EV plant
With Hyundai investing billions of dollars in electrification, the automaker is focused on starting construction of its new EV factory in Ulsan, South Korea.
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Retrieved from Stellantis on October 18, 2023
UAW strikes: What’s next for auto supply chains after labor deals?
As automakers ramp up production efforts, labor challenges and geopolitical risks may continue to plague operations, according to industry experts.
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Mario Tama via Getty Images
Biden administration sets new rule for monitoring on-road GHG emissions
The Federal Highway Administration rule requires states and metropolitan planning organizations to establish CO2 emissions reductions targets, setting up a fight with congressional Republicans.
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Mustafa Hussain via Getty Images
Rivian CEO takes over EV maker’s product development
Top executive RJ Scaringe is expanding his role as former Chief Product Development Officer Nick Kalayjian takes a step back.
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Courtesy of ZF Group.
BMW supplier plans $500M South Carolina facility expansion
ZF Group's investment will upgrade the transmission plant's equipment to keep pace with automakers' EV plans.
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Greentellect_Studio via Getty Images
Nearly 4 in 10 dealers allow car shoppers to complete deals 100% online
But new car shoppers often need to repeat steps in-store after they do them online, which can undermine customer trust and increase how long it takes to complete a deal, Cox Automotive says.
