TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%
TSLA426.0108.16%
GM78.7901.58%
F14.9301.26%
RIVN14.2200.07%
CYD57.3501.69%
HMC26.4700.21%
TM189.080-0.58%
CVNA68.2803.89%
PAG164.7303%
LAD276.5802.05%
AN189.9803.55%
GPI326.1806.07%
ABG187.7202.34%
SAH78.1602.26%


electric vehicles

EDM

Stellantis secures EDM production in Indiana, invests $150 million

- March 1, 2023
Stellantis has announced $150 million in investments towards facilities in Indiana, with the goal of securing future electric drive module (EDM) production. Used in most electric vehicles, EDMs combine several important...
Ocean EV

Fisker expects to make first deliveries of Ocean EV in spring

- February 28, 2023
In its fourth quarter and full-year financial report, electric vehicle startup Fisker, Inc. announced that the first deliveries of its inaugural vehicle, the Ocean EV, would begin in spring. Despite the...
Li-Cycle

EV battery recycler Li-Cycle to receive conditional $375 million loan

- February 28, 2023
Yesterday, Lithium battery recycling company Li-Cycle announced it would be acquiring a $375 million conditional loan from the Department of Energy. The loan is intended to fund a new Li-Cycle facility...
Man charging one of his battery electric vehicles

Prices, range and charge times are holding electric vehicles back

- February 27, 2023
What trends should dealers keep an eye out for within the next year? The 2023 Deloitte Global Automotive Consumer Study provides interesting and possibly unexpected insights about what to expect...
Weekly roundup: auto sales forecast and more

Weekly Roundup: February U.S. auto sales forecast, Tesla FSD recall

- February 24, 2023
Weekly Roundup: The National Highway Transportation and Safety Administration (NHTSA) mandated Tesla to recall 362,000 vehicles over Full Self-Driving beta software, Lithia Motors outsold AutoNation in 2022, used electric vehicles values declined,...
dealership count

Second year of growth in U.S. dealership count, franchises dip slightly

- February 24, 2023
According to research by auto marketing company Urban Science, the number of U.S. dealerships grew for the second consecutive year, despite a slight decline in the number of franchises. The study,...
U.S. EV factory

Toyota ramping up electrification efforts, considers U.S. EV factory

- February 23, 2023
Upcoming Toyota CEO Koji Sato is reportedly considering refitting one of its U.S. facilities to manufacture EVs, as he prepares to accelerate the automaker's electrification strategy. Despite an industry-wide push to...
net-profit

Stellantis posts $17.9 billion net profit, promises $14,760 employee payout

- February 23, 2023
Global automaker Stellantis revealed a record-breaking year for net profit, and nearly $15,000 per qualifying employee in profit-shares. The brand, a result of a 2021 merger between Fiat Chrysler and the...
Polestar has joined other automakers in agreeing to make its electric vehicles compatible with Tesla's NACS chargers.

How much should legacy automakers worry about smaller startups in the EV race?

- February 22, 2023
Will automaker newcomers like Rivian disrupt the industry, or will they go the way of most tech startups and disappear in a few years? Legacy automakers undeniably control most of...
used EV prices

Used EV prices fell in January in response to $4,000 tax credit

- February 22, 2023
Used electric vehicle values continued to decline in January, as sellers lowered their prices to accommodate tax credit eligibility requirements set in the Biden Administration's Inflation Reduction Act. In comparison to...


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