Oct 27, 2022
Auto Central October 27, 2022; AIADA Online reported that new research shows that popular cars like the Toyota RAV4 and Ford Mustang have become too expensive for regular Americans. A shortage of new vehicles and other pandemic-related factors have driven car prices through the roof in recent years, reports The Insider ... Continue reading
Official NHTSA Weekly Recall Summary October 24, 2022
Oct 24, 2022
The following may apply to one or more of your vehicles if your vehicle is listed below. Click on the NHTSA Recall ID Number below to read more about the safety issue and the reason for the recall.To find out if your specific passenger vehicle is included in the recall, use our VIN Look-up Tool. ... Continue reading
Aug 25, 2022
TROY, Mich.: 25 Aug. 2022 — Offering advanced technology content on vehicles often results in a steep increase in problems experienced, according to the J.D. Power 2022 U.S. Tech Experience Index (TXI) Study,SM released today. ... Continue reading
Aug 21, 2022
Porsche, Audi and Kia said their electric vehicles will no longer qualify for $7,500 tax credits in the United States when President Biden signs (which he now has) the Inflation Reduction Act and its new electric vehicle subsidy (rebate/discount) system into law. The brands urged would-be buyers to place firm orders fo ... Continue reading
Aug 17, 2022
The growth of electric vehicle (EV) sales during the past year has been remarkable but has added stress to an already beleaguered public vehicle charging infrastructure. In this growth spurt, owners in high EV volume markets like California, Texas and Washington, for instance, are finding the charging infrastructure in ... Continue reading
New EV Tax Credits Explained Clearly By Larry Nutson
Aug 15, 2022
The Schumer-Manchin Bill with revamped EV tax credit passed the Senate and was sent to the House of Representatives who passed the billing party lines. Now it's off to the President for signing. ... Continue reading
Aug 12, 2022
The Senate's passing of the Inflation Reduction Act was a significant item in the news this week, with the proposed EV tax credits being a focus for the auto industry. There were also some interesting developments in the sustainability space as efforts continue on various fronts. ... Continue reading
Democrats Determine EV Winners and Losers With Welfare For The Rich
Aug 8, 2022
The Senate passed the Inflation Reduction Act over the weekend which covered the electric vehicle tax credit as part of the nearly $400B over 10 years in funding for climate and energy related programs. The $7,500 electric vehicle tax credit will be renewed in January of 2023 and last until the end of 2032. ... Continue reading
GM to Double the Super Cruise Road Network - Take A Taxi
Aug 4, 2022
DETROIT 2022-08-03; General Motors announced today that Super Cruise, the industry’s first true hands-free driver assistance technology, will soon be expanded so that it works on even more roads, giving customers greater accessibility to hands-free driving. By doubling the Super Cruise road network, hundreds of thous ... Continue reading
U.S. Congress Office Sees Few Tax Breaks for EVs Under Democratic Plan
Aug 4, 2022
Washington DC August 4, 2022; The AIADA reported that a proposal by U.S. Senate Democrats to put income, price and domestic content conditions on electric vehicle tax breaks could initially sharply curtail the number of EVs that qualify, the Congressional Budget Office said on Wednesday. The CBO estimate said the elect ... Continue reading
Electric Drive Newsletter July 26, 2022
Jul 26, 2022
July 26, 2022 Postal Service increases EV commitment to 40% of new delivery trucks Detroit News In a Twist, Old Coal Plants Help Deliver Renewable Power. Here’s How. ... Continue reading
Jul 26, 2022
2022-07-26 View Assets LG Chem plans to provide GM more than 950,000 tons of CAM over eight years, enough for approximately 5 million units of EV production CAM secured by GM will be used by Ultium Cells LLC, joint venture between GM and LG Energy Solutions, to support GM’s goal of 1 million EV production capacity in ... Continue reading
GM Reports Second-Quarter 2022 Results
Jul 26, 2022
DETROIT, 2022-07-26 – General Motors Co. today reported second-quarter net income attributable to stockholders of $1.7 billion and EBIT-adjusted of $2.3 billion, in line with the earnings update the company issued on July 1. ... Continue reading
General Motors and Livent Enter Long-Term Lithium Hydroxide Supply Agreement
Jul 26, 2022
Livent's battery-grade lithium hydroxide, made primarily from lithium extracted at its brine-based operations in South America, to be used in production of GM's electric vehicles 100% of Livent's downstream lithium hydroxide processing for GM to transition to North America over the course of the agreement Both companie ... Continue reading
EV Motoring - Electric Vehicle Technology Overview
Jul 23, 2022
But how, exactly, do electric vehicles work and what are their advantages?Let's start by considering the legacy vehicle technology: the internal combustion engine, or ICE. ... Continue reading
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