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IHS: average age of vehicles on the road in US steady at 11.4 years; scrappage rate declining

Green Car Congress

This while VIO is up 1.5%, a rate the auto industry hasn’t seen in the US since 2004-2005. Because of improved quality and consumers holding their cars and light trucks longer, vehicles 12-plus years old continue to grow and will increase by 15% by 2019.

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DOE Closes $465M Loan to Tesla Motors

Green Car Congress

The Palo Alto facility will assemble electric vehicle battery packs, electric motors, and related electric vehicle control equipment, both for Tesla’s own electric vehicles and for sale to other automobile manufacturers. The agreement was negotiated and signed by the Department’s Loan Programs Office. Energy Secretary Steven Chu.

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IHS Markit: average age of cars and light trucks in US rises again in 2019 to 11.8 years

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This represents one of the highest annual increases the US auto industry has seen since IHS Markit began tracking VIO growth—second only to the 2.3% For the aftermarket repair industry, however, there is also a positive trend with the oldest light vehicles on the road. million (2.2%) since 2018. growth in 2016.

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USABC awards Cobasys $8.4M for the development of high-energy density Li-ion cells and packs for EVs

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USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR), the collaborative automotive technology organization of Chrysler Group LLC, Ford Motor Company and General Motors Company, whose mission is to further strengthen the technology base of the domestic auto industry through cooperative research and development.

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At Home with Bob Lutz

Revenge of the Electric Car

Bob didn’t emote too much over the state of the car industry and Detroit as a whole, but, surprisingly, his wife did. As bad as things are reported to be, the people we saw and talked to seemed to be generally in decent spirits, and though we found a “For Sale” sign on nearly every block, we didn’t find very many next door to each other.

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IHS Markit: average age of light cars and trucks in US rises again in 2016 to 11.6 years; record number in operation

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years, according to IHS Markit, a provider of business information and analysis for the global automotive industry. This represents the highest annual increase the auto industry has seen in the US since it began tracking VIO growth, breaking the record of 2.1% million (2.4%) since last year. growth set in 2015.

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8-state alliance releases action plan to put 3.3M ZEVs on their roads by 2025

Green Car Congress

Since the MOU signing, state regulators, the auto industry and infrastructure developers and other stakeholders have shared information and best practices to help move this effort forward. The ultimate goal is to reduce greenhouse gas and smog-causing emissions by transforming the transportation sector over the next 11 years.

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