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Tesla maintenance and repair costs are lowest in the auto industry: data

Teslarati

Tesla’s 10-year maintenance and repair costs are the most affordable in the automotive industry, as shown in a new data analysis publicized last week. The total 10-year cost of maintaining and repairing a Tesla is the cheapest in the industry, according to a data analysis shared by Consumer Reports on Friday.

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Germany’s auto industry – outrun by Tesla – to axe thousands more jobs

Electrek

Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years.

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Stellantis CEO: EV transition costs are “beyond the limits” the auto industry can sustain

Teslarati

Stellantis CEO Carlos Taveres stated that the pressure for legacy automakers to accelerate the shift to electric vehicles could threaten jobs and vehicle quality as traditional carmakers struggle to manage the higher costs of producing EVs. US President Biden pats GM CEO’s back: “You electrified the entire auto industry.

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Stellantis CEO: EVs cost company 50% more, "beyond the limits" of what industry can sustain

Green Car Reports

The added cost of manufacturing electric cars is "beyond the limits" for what the auto industry can sustain, Stellantis CEO Carlos Tavares said in an interview with Reuters published Wednesday.

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Stellantis CEO: Speeding Up EV Transition Is “Beyond The Limits” Of What Auto Industry Can Sustain

CleanTechnica EVs

By Johnna Crider and Zachary Shahan In an interview at the Reuters Next conference, Stellantis CEO Carlos Tavares said that the costs of speeding up the transition to EVs are “beyond the limits” of what the auto industry can sustain.

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Germany’s auto industry – outrun by Tesla – to axe thousands more jobs

Baua Electric

Major car suppliers in Germany say they are struggling with the high upfront costs of shifting to EVs and “slow demand,” with companies looking to lay off thousands of workers, as much as 20% of total staff in some cases, in the coming years. FTC: We use income earning auto affiliate links. Get started here.

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ISU study finds large potential for biobased materials in auto industry, but with challenges

Green Car Congress

A study by researchers at Iowa State University has determined that the automotive industry has a very large potential to utilize biobased materials. However, they noted, there are also many challenges associated with the use of biobased parts in the auto industry. Cost to manufacture is one of the main considerations.