Sunday, January 23, 2022
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EVs

Most consumers still unconvinced about self-driving cars and EVs

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Deloitte recently ran a survey related to consumer thoughts about self-driving vehicles. The results of this study might surprise you, especially with the big push to go electric in the future. Here are a few of the key takeaways from the consumer survey on self-driving cars and EVs. Safety Concerns It appears Americans have a […]
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Biden

President Biden visits Ford plant for F-150 EV reveal

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President Joe Biden continued to show his push towards electrification of the auto industry during a visit to Ford’s Rouge Electric Vehicle Center in Michigan on Tuesday. Biden’s visit was partially a showcase of his “American Jobs Plan,” which allocates $174 billion to investing in electric vehicles (EVs) as well as rebates to EV buyers, […]
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Ford

Ford to produce its own battery cells by 2025

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Ford Motor Company is planning to sell enough electric vehicles by 2025 to produce its own battery cells. As the nation continues to shift toward electric vehicles, it will be interesting to see how many automakers make the shift to producing their own batteries as well. Ford Battery Production Timeline To cut the costs of […]
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Experian report highlights intriguing Q4 2020 automotive financing data

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2020 shook up many expectations regarding automotive sales and affordability. With consumers facing job losses due to the pandemic, much felt up in the air. Nevertheless, new findings by Experian are showing that the actual results of last year are not as dismal as they may have appeared, particularly when it comes to the sale […]
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EV

How can service departments prepare for an EV-focused industry?

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According to the International Energy Agency, electric car sales surpassed 2 million globally in 2019. These numbers only continue to grow higher, leaving dealerships wondering how their service department will need to change. While EVs require less service work due to having fewer moving parts, simpler propulsion systems, and fewer parts to replace, there will […]
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EV

Automakers doubling down on EV commitments

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Industry-wide, carmakers are renewing their dedication to adding more electrified vehicles to their lineups in coming years, especially fully-electric cars. Although electric options are slow to be realized in mainstream manufacturer stables, particularly in generally affordable models, announcements continue to come weekly. The most recent commitment comes from Volvo, and an all-new EV platform from […]
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Badger

Badger pickup eliminated from updated GM and Nikola MOU

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Nikola Corporation has had a volatile 2020 with both ups and downs, but this week’s news has caused Nikola shares to plunge yet again. Just two months after Nikola’s founder, Trevor Milton, stepped down due to fraud allegations, GM has now backed out of its previous agreement to receive an 11 percent equity stake in Nikola and produce […]
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vehicles

Pressure mounting for EV expansion in North America

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The pressure for widespread adoption of electric vehicles is increasing worldwide, including at home in the US. UK’s Prime Minister Boris Johnson announced a ban on vehicles powered solely by gasoline or diesel in what has been called the “green industrial revolution”. The plan is to phase out fossil fuel-powered vehicles by 2030 – an […]
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Biden

Joe Biden: “Move to the vehicles of the future”

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The automotive industry has thankfully shown signs of recovery throughout the past few months and will hopefully continue to improve despite the ongoing coronavirus pandemic. This week, presidential nominee Joe Biden held a drive-in rally in Toledo, Ohio, and while a large portion of his 25-minute speech consisted of disparaging the current administration, he took […]
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trucks

Electric trucks expected to dominate in next decade

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New market research now predicts that the electric truck market will experience exponential growth by the year 2030. P&S Intelligence forecasts that the U.S. electric truck industry will boom on a compound annual growth rate (CAGR) of 51.6%. At that pace, sales from electrified pickup trucks and heavy-duty trucks will grow to a $15 trillion […]
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