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EVs

New report calls on legislators to increase support for electric...

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A report released on Dec 15 by the Alliance for Automotive Innovation calls on the government to increase support for both the manufacturing and ownership cycle of electric vehicles. The report from the nation’s top auto lobbying group, simply titled Auto Innovation Agenda, encourages legislators to act swiftly to “remain a leader in the development […]
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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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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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General Motors

Major announcement Tuesday by General Motors focuses on EV development

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On Tuesday, Oct 20, General Motors held a virtual media event to announce a multi-billion-dollar investment into six of their manufacturing facilities. At the heart of the announcement is a transition for the Spring Hill, TN assembly plant to begin manufacturing the electric-powered Cadillac LYRIQ. GM is committing to a $2 billion investment into the […]
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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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Beijing

Beijing Auto Show foreshadows automotive retail future

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The 2020 Beijing International Automotive Exhibition kicked off on Saturday, Sept 26 as the first major auto show since the coronavirus pandemic began after initially being postponed from its original April date. Huge crowds were present in the exhibition center as the event got underway despite the heightened awareness of health, a clear signal of […]
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vehicle

CBT automotive newscast: September 25, 2020

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Today’s Featured Interview: Volvo Car USA makes long-term investment in auto technicians with new program Technician tools can be a huge expense to someone early in...
EV

What will it take for consumers to embrace the EV...

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Growth in the electric vehicle market took a small hit as the pandemic began, but Cox Automotive experts say this is only a minor bump in the road to advancement. Today, we’re pleased to welcome Lea Malloy, head of research and development at Cox Automotive Mobility to share the new EV white paper titled COVID-19 […]
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dealers

CBT Automotive Newscast: September 1, 2020

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Today’s Featured Interview: Annette Sykora Shares Her Journey in Automotive and Becoming NADA’s First Chairwoman Women continue to gain prominent leadership roles in automotive as the industry continues to evolve. Annette Sykora joined our show to talk about her journey in the industry. Annette was the first female to hold the role of Chairwoman for […]
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Tesla and Other EV Makers Ramping Up Production Despite Flat...

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The EV market has made tremendous strides throughout the course of 2020. New electric offerings have hit showrooms and new EV brands have emerged with plans to launch all-electric models in the coming year. While EVs have made major progress, they weren’t able to escape the financial impact of COVID-19. Like the rest of the […]
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