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Cox Automotive: Wholesale used vehicle prices in US rise halfway through November compared to October

Green Car Congress

Wholesale used vehicle prices (on a mix-, mileage-, and seasonally adjusted basis) increased 4.9% As was the case in October, some of the monthly increase is a result of the seasonal adjustment, as November typically sees above-average vehicle depreciation and therefore used price declines. increase from November 2020. year over year.

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TTTech Auto expands in China with MotionWise software platform for automated driving

Green Car Congress

TTTech Auto , the Vienna-based provider of automotive safety software, is expanding its operations with a dedicated subsidiary in China. TTTech Auto already has a presence in the Chinese market through its joint venture Technomous operated together with SAIC Motor, China’s largest automotive manufacturer.

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Fisker reveals production-intent version of Fisker Ocean at LA Auto Show

Green Car Congress

Fisker revealed its Fisker Ocean electric SUV at the Los Angeles Auto Show. The base Fisker Ocean Sport trim level is priced at $37,499, before federal and state tax credits. The first 5,000 vehicles produced will be Fisker Ocean One, also priced at $68,999.

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At The 2024 Paris Auto Show, The Focus Is On Price

CleanTechnica EVs

The theme at the Paris Auto Show this year is lower priced electric cars that can compete with low cost offerings from Chinese manufacturers. The post At The 2024 Paris Auto Show, The Focus Is On Price appeared first on CleanTechnica.

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Benchmark Mineral: China’s zero-COVID policies weigh on lithium and cobalt prices

Green Car Congress

Chinese lithium and cobalt sulfate prices fell this month as strict COVID-19 lockdowns in Shanghai and elsewhere limit demand in the world’s largest electric vehicle market. Prices for cobalt sulfate fell by 6%, according to Benchmark’s Cobalt Price Assessment. There has been a little bit of softness in pricing.

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ŠKODA AUTO launches production of MEB battery systems at Mladá Boleslav headquarters

Green Car Congress

ŠKODA AUTO has started manufacturing battery systems for all-electric vehicles based on the Volkswagen Group’s Modular Electrification Toolkit (MEB) in Mladá Boleslav. To achieve this, ŠKODA AUTO will continue to electrify its model portfolio over the coming years.

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Kelley Blue Book: New-vehicle prices hit record high in November; average new EV price $65,041

Green Car Congress

According to data released by Kelley Blue Book, a Cox Automotive company, the average transaction price (ATP) for a new vehicle in the United States in November 2022 hit a new record high of $48,681. November prices rose 0.9% ($422) month over month from October 2022 and were up 4.4% ($2,250) from year-earlier levels. in October.

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