STOCKHOLM - Europe’s seven largest commercial truck manufacturers agreed in 2020 to cease producing diesel vehicles within two decades’ time, and have been aggressively working towards meeting that goal ever since. On August 31, one of those companies announced its latest potential tool in the emissions-heavy industry’s transition towards a more sustainable future. Instead of revolutionizing what’s underneath a
TROY - There's been a dramatic decrease in new car pricing over the last six months, led by a sharp decline in EV prices, says Michelle Krebs, Executive Analyst with Cox Automotive, the parent company of Kelly Blue Book and Autotrader. Inventories of new vehicles are up a few hundred thousand unit to around 2
MIAMI - One of the thoughts that go through the mind of an EV owner has to do with the impact that DC fast charging will have on the vehicle’s high-voltage battery in the long run. In other words, how much will the battery degrade over time if fast charging is used predominantly? A recent
SAN FRANCISCO - Analysis of the global top ten battery electric car model sales and their average selling price indicates that Tesla could doubles its Model 3 sales by cutting China prices from $32k to $27.7K. This matches Ark Invest analysis of battery electric addressable market and price sensitivity. The Tesla Model Y is on track
SAN FRANCISCO - In the United States – specifically in California – hydrogen fuel car sales volume improved in Q2 2023. In fact, it not only improved YOY (year-over-year) but, according to an InsideEVs report, it also reached the highest quarterly volume ever. During the second quarter of this year, 1,076 new hydrogen fuel cars were sold
TOKYO - According to sources familiar with the plans (via Automotive News), Toyota will begin building the new three-row electric SUV in 2025, shortly after starting production of its own larger EV model. Toyota revealed at the end of May, it would begin assembly of its own three-row electric SUV, also expected to start in 2025.
DETROIT - General Motors is investing $60 million in a Silicon Valley-based battery materials company to help GM bring more affordable electric vehicles to market faster. GM on Wednesday announced the stake in Mitra Chem, an AI-enabled battery materials innovation company. It is part of a Series B financing, which further establishes a startup after
DETROIT - A year and a half after first announcing its intention to move in this direction, it is ready to begin. General Motors first announced in January 2022 that it was working on a Hydrotec hydrogen fuel cell technology that would be used for commercial vehicle applications. The company has been developing this project
DETROIT - General Motors announced recently that during the second half of 2023, it will begin production of several new all-electric vehicles based on the all-new Ultium platform. The company already produces the Cadillac Lyriq, GMC Hummer EV Pickup/SUV and BrightDrop Zevo 600, but the volume remains relatively low (see Q2 2023 sales results) and even GM CFO
PHOENIX, ARIZONA - Nikola was granted a total of $58.2 million from various regulatory agencies to build a series of hydrogen refueling stations for heavy-duty trucks, the company announced last week. Nikola Corporation is a designer and manufacturer of heavy-duty commercial battery-electric vehicles (BEV), fuel cell electric vehicles (FCEV), and energy infrastructure solutions. With headquarters
