LONDON, UK - Europe is rapidly emerging as a hub for electric vehicle (EV) adoption as the region steadily moves towards sustainable and environmentally friendly transportation. The growing trend towards EVs is being driven by a combination of factors, with the number of registered vehicles surging to new milestones. In particular, data acquired by Finbold indicates that
LANSING — Michigan lawmakers narrowly gave final legislative approval Thursday for $175 million in state subsidies to build a nearly $2.4 billion, 2,350-job electric vehicle battery parts factory near Big Rapids planned by Gotion Inc. It is the fourth incentives package for a new EV battery plant to be blessed by legislators in 13 months,
NEW YORK - Electric vehicle maker Rivian Automotive said Monday that its first-quarter deliveries were in line with expectations and that it remains on track to produce 50,000 EVs in 2023. Rivian said in a statement that it produced 9,395 EVs in the first quarter and delivered 7,946 vehicles to customers by quarter-end. Both numbers were down
DETROIT - The Chevy Bolt EUV makes a strange rival to the Ford Mustang Mach-E. But make no mistake — these two EVs are taking the age-old Ford vs. Chevy battle to an electrifyingly new level. No, the Bolt EUV can’t compete with the Mustang Mach-E in performance. You won’t see the cute subcompact SUV beat its bigger, faster
TROY - Brent Gruber of J.D. Power provides details on What's Jolting Electric Vehicle Owner Satisfaction as the Market Grows, according to the 2023 J.D. Power EVX Ownership Study. The EV share of the fleet is now approaching 10 percent. https://youtu.be/nF06xUJEDj4
TROY–The increasing volume of battery electric vehicles being serviced at dealerships is contributing to a negative effect on overall customer service satisfaction, resulting in a year-over-year decline in score for the first time in 28 years. According to the J.D. Power 2023 U.S. Customer Service Index Study, satisfaction with the service experience declined 2 points to
DETROIT - Pricey add-ons could start ruffling EV-buyer feathers — but automakers might struggle to survive without them, a new study said. There's a simple reason why: EVs aren't very profitable for automakers — and certainly nowhere near how profitable gas-powered cars. A Ford executive recently told the Detroit Free Press its EVs won't be profitable
DETROIT - Automakers the world over are launching Electric Vehicles, or EVs for short, at breakneck speeds. It seems nearly every day, news stories herald improved range, faster charging speeds and more efficient batteries. Car brands are in a constant war for market control and public attention, so we generally know about their upcoming launches
LANSING - Because electric vehicle drivers avoid both Federal and State gas taxes, they pay only 70- to 80-percent of the cost paid by Michigan’s drivers of internal combustion engine vehicles, says Patrick Anderson, CEO of Anderson Economic Group in this video interview. AEG expects EVs to represent from 15- to 25-percent of new vehicle
SAN FRANCISCO, Ca. -Last month, Tesla dropped its prices dramatically — up to 20 percent. Here's how the announcement is having ripple effects, from the impact on Tesla owners to the changes it could spur across the auto industry. When a leading company cuts prices, all their rivals feel pressure to follow suit — it's economics 101.And
