This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Seeking to slash CO 2 emissions from its North American manufacturing operations, Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that will cover more than 60% of the electricity that Honda uses in North America.
The auto industry has seen this need to improve familiarity in the past, with some advanced driver assist features such as ACC and even autonomous driving. Globally, vehicle owners and those considering purchasing BEV agree the top benefits of going electric are improving the environment, adding convenience and reducing ownership costs.
However, these annual costs don’t take into account the purchase cost of the vehicle itself and are purely the ‘running’ costs annually. When the purchase cost of each type of vehicle is factored in, average gasoline vehicles are $1,454 per year cheaper to run. per mile.
Wallbox, a leading provider of electric vehicle (EV) charging and energy management solutions worldwide, announced a strategic partnership with NAPA Auto Parts, a premier retail auto parts reseller in the US. Pulsar Plus is available for purchase in select retail locations as of mid-February 2022.
SEMI Taiwan launched the SEMI Auto IC Master, a comprehensive guide to automotive semiconductor and component providers in Taiwan. The guide is available through an online account or in hard copy and can be purchased by contacting the SEMI Taiwan representatives listed on the SEMI Auto IC Master webpage.
Fisker revealed its Fisker Ocean electric SUV at the Los Angeles Auto Show. The Fisker Ocean will be available to purchase at the end of 2022, and customers can reserve a vehicle for a $250 deposit today. The Fisker Ocean is being manufactured by Magna-Steyr at a carbon-neutral factory in Graz, Austria.
Volvo Cars and Geely Auto have agreed on a wide-ranging collaboration that will maximize the strengths of the Swedish and Chinese automotive groups, delivering synergies in powertrains, sharing of electric vehicle architecture, joint procurement, autonomous drive technologies and aftersales.
Toyota Motor Corporation unveiled two BEV concept models, the bZ Sport Crossover Concept and bZ FlexSpace Concept, at Auto Shanghai. The concept models are being developed as part of the Toyota bZ series, a brand dedicated to BEVs. The bZ FlexSpace Concept is a family-oriented SUV-type BEV with a focus on utility.
The first of the measures, developed by 17 government departments, is to support the purchase and use of NEVs. The post China issues measures to expand auto consumption, hints at extension of NEV purchase tax exemption appeared first on CnEVPost. For more articles, please visit CnEVPost.
Through Autonomy’s subscription model, customers pay a monthly fee and start fee that covers the cost of the vehicle subscription plus routine maintenance costs, roadside assistance and soon auto insurance. Autonomy launched with its Tesla Model 3 Vehicle Subscription Program in California in January 2022.
The North American International Auto Show (NAIAS) will cancel its June 2020 show in Detroit in light of the coronavirus (COVID-19) pandemic sweeping across the world and the Federal Emergency Management Agency’s expected plans to repurpose TCF Center into a temporary field hospital. NAIAS will hold its next annual show in June 2021.
The most purchased new car in Switzerland is a Tesla, according to a report by RebelinkPress, which cited Reuters, and a report presented by the Association of Automobile Importers, Auto-Suisse. According to the report, the market for new cars in both Switzerland and Liechtenstein ended 2021 with a 0.7% increase compared with 2020.
The raw monthly sales data came from Wards Auto via Argonne National Laboratory. This brief post presents the results of an analysis concerning the types of electric light-duty vehicles sold in the United States in 2020. The analysis examined three mutually exclusive types of electric vehicles: hybrid electric vehicles (HEVs).
The Group made the announcement at the Shanghai Auto Show. The new company, with the project name ‘100%TechCo’, combines vehicles and components R&D teams with purchasing. This will leverage synergies in the development process and integrate state-of-the-art local technologies into product development at an early stage.
Auto shoppers in America are more likely than ever before to consider buying a fully electric vehicle (EV), and new EV entries are responsible for much of the added consideration. Perhaps most tellingly, 34% of those who indicate they are unlikely to consider purchasing an EV say they lack access to any charging capabilities at home or work.
The purchase goal is to bring additional capital to McLaren to accelerate its growth in vehicle development, particularly in electric vehicle technologies. An Abu Dhabi-based investment firm has entered a non-binding agreement to buy 100% of McLaren’s automotive business, including a stake in the McLaren Group.
These are two stark points of contrast between Tesla's present-day financial circumstances that allow it to make per-vehicle profit-moderating decisions on its auto side to incentivize maximizing its active world fleet numbers.
(Image credit: Shenlan) Shenlan, Changan Automobile's new energy vehicle (NEV) brand, is offering consumers tens of thousands of yuan in incentives to purchase vehicles as the auto price war in China continues. In addition to the Shenlan brand, Changan is offering car purchase incentives for its other sub-brands.
In addition to the VF 8 and VF 9, VinFast showcased VF 6 and VF 7 models presented in segments B and C at the LA Auto Show 2022. VinFast also offers flexible sales options for customers purchasing vehicles with batteries or with a battery subscription program. VinFast’s EVs are also warranted for up to 10 years.
Tesla says its standard tech can save police departments over $4,000 “The difference to maintain a car on average between some brands can be thousands over a 10-year time frame,” said Steven Elek, Program Leader for Auto Data Analytics at Consumer Reports.
Now the rebate – which is up to $7,500 for new EVs that qualify, and up to $4,000 for used EVs that qualify – is available immediately when you purchase your car, rather than needing to wait potentially months to file a claim with your tax return. And auto dealers are signing up in droves with the IRS.
NIO and Li Auto 's mobile apps have been featuring pretty girls significantly more often lately, while XPeng is running a campaign to encourage users to share such content on its app. The Li Auto App shows a similar picture, especially as deliveries of the new SUV Li L7 begin. Understandably, NIO, Li Auto and XPeng are doing this.
The Costco Auto Program is back with another exclusive EV deal for its members. Beginning this month through the rest of 2024, customers can take advantage of a member-only discount on the purchase or lease of a new GMC Hummer EV pickup or SUV.
Under current law, consumers may receive a tax credit of up to $7,500 if they purchase an eligible electric vehicle. The Driving America Forward Act raises the cap and allows purchasers of an additional 400,000 vehicles per manufacturer to be eligible for the tax credit. ITC Holdings Corp.,
The 2023 ET7 is now available for pre-order and order lock-ins, with deliveries to begin in mid-May, William Li, founder, chairman and CEO of NIO, announced today on the first day of the Shanghai auto show. New ES6 (Image credit: CnEVPost) The new ES6 made its debut today at the Shanghai auto show.
Apple CarPlay and Android Auto are two of the most widespread and popular tech features in new cars today, and buyers aren’t shy about speaking their minds on the tech. survey found that around a third of buyers would not purchase a car without the smartphone mirroring features. A recent McKinsey & Co.
Fewer Tesla EVs now qualify for the $7,500 federal EV tax credit, but for those that do, Tesla is now applying the credit at the time of purchase. The automaker’s website now says that eligible buyers will have the full $7,500 credit applied when they purchase their vehicles.
Loyalty is determined when a household that owns a new vehicle returns to market and purchases or leases another new vehicle of the same make, model or manufacturer. These shifts indicate that there are both risks and opportunities for OEMs and their marketing teams in today’s new vehicle marketplace. IHS Markit Loyalty Methodology.
A rare price stampede is taking place in the Chinese auto market. Notably, in late November last year, a media report said that Chinese consumers were offered discounts of RMB 80,000-100,000 by dealers when purchasing the BMW i3. The rumors and the dealers' moves come as the Chinese auto industry is staging a rare price war.
Ford is forming two distinct, but strategically interdependent, auto businesses: Ford Blue and Ford Model e. Support Ford Model e and Ford Pro through proven, global-scale engineering, purchasing, manufacturing, and vehicle test and development capabilities for world-class safety, ride and handling, quiet and comfort, and durability.
billion in subsidies for car purchases. (A A Volkswagen joint venture in China has started offering official discounts as the price war in the Chinese auto industry continues. billion in subsidies for car purchases, according to a poster on its website. family models as the price war in China's auto industry intensified.
Those interested in purchasing a new vehicle can now pursue, order, finance, and schedule pickup of their car via Amazon. The only catch is that you have to live within one of the 48 metropolitan areas where the program has been enacted and it has to be a Hyundai because thats the company Amazon Autos partnered with.
Honda has entered into long-term virtual power purchase agreements (VPPAs) for renewable wind and solar power that cover more than 60% of the electricity that Honda uses in North America. Honda further commits to supplying its operations with 100% renewable energy and has begun taking steps to achieving this goal.
of total California auto sales in 2021. Californians need to purchase 4 million more EVs in the next 9 years to reach the state’s goal of 5 million EVs sold by 2030, according to Veloz research. California also set a new yearly record with 250,279 electric vehicles sold, representing 12.4% 379,125 PHEV (36% ). 11,956 FCEV (1.1%).
They calculated benefits over the duration of ownership of the vehicle, assumed to be six years based on the average length of time a new vehicle is retained by the purchaser. The sales dataset was purchased from IHS, and included electric vehicle regulations by make and model in each state in 2013. per year in recent years.
Geely Holding Group subsidiary Geely Auto has announced a vehicle purchase agreement with fellow marque brand ZEEKR to sell its EVs and aftermarket parts in Mexico.
(Image credit: CnEVPost) Low consumer sentiment in the wake of the Covid wave has led to weak auto sales in China, though the situation is expected to see relief in the second quarter, and the launch of new models and lower lithium carbonate prices are also encouraging, according to Deutsche Bank. million to 1.75
Source: Phoenix Motorcars The post Phoenix completes purchase of Proterra’s electric transit vehicle business – Charged EVs appeared first on Bauaelectric Auto News.
Specifically, CARB has not collected or evaluated sufficient data to allow it to determine whether or how its incentive programs, which pay consumers in exchange for purchasing low- and zero-emission vehicles, reduce GHG emissions beyond what CARB’s regulations already require. emission vehicles. earlier post.). powered vehicles.
Almost half of global consumers (46%) are considering purchasing a car in the next 12 months, an increase from 35% in April 2020. Younger consumers (aged 18-35) are leading the trend, with 59% considering purchasing a car in the next 12 months compared with 46% across all age groups. Younger consumers are most likely to buy.
and Canada’s most commonly used auto dealer management software has rendered over 15,000 dealerships unable to make sales over the past few days, and those who claim to be behind the outage are demanding tens of millions of dollars as ransom. Auto dealerships in the U.S. A cyberattack on the U.S.
The updated regulation adds auto carriers and tankers, two categories that produce 56% of all fine particulate pollution (PM 2.5 ) from ocean-going vessels at berth in California ports. Auto carriers will need to comply starting in 2025. An example would be purchasing zero-emission heavy-duty trucks for port use.
Amazon Autos director Fan Jin recently told Automotive News that the move would happen soon, moving the company into direct competition with several others in the space. They can then finish the purchase at the dealer or online.
Honda will invest $700 million to re-tool several of its existing auto and powertrain plants in Ohio for production of electric vehicles. Honda’s EV hub will leverage the company’s longstanding production, product development, and purchasing operations located in Central Ohio. Combined withe the $3.5-billion
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content