article thumbnail

Driving Dystopia: More Companies Found Covertly Sharing Driving Data, Raising Insurance Rates

The Truth About Cars

With corporate media finally aware of the perils of connected vehicles, we’ve seen a rash of articles exploring how insurance rates have spiked due to automakers sharing user data. Those features, though, are provided by an analytics company, Arity, which was founded by Allstate in 2016 and pays for access to the data.

Companies 105
article thumbnail

Everything You Need to Know About the Cost of Owning a Car

Clean Fleet Report

This article may contain affiliate linnks. In reality, there are a lot of costs that come with owning a car. Insurance rates can also vary based on the company you choose, which is why you should check out multiple insurance companies ahead of time. Gas (or electricity) costs need to be factored into your overall cost.

Cost Of 79
article thumbnail

Jeep production facility halted due to cost of EV transition, says Stellantis

Teslarati

The company has now specified that production at the plant will be completely halted by the end of February next year. Tesla has also seen a wave of hiring as the company pushes for a strong end of the year. What do you think of the article? Hopefully, these recent layoffs can find new work quickly despite the turbulent economy.

Jeep 92
article thumbnail

How HummingbirdEV uses modular platforms and micro-factories to lower the cost of commercial EVs

Charged EVs

The company has focused on developing its own technology, and now offers not only complete vehicles, but also a broad range of components, including electric drivetrain systems, control software, bidirectional charging systems, modular batteries, battery management systems and more. Rakesh Koneru: That’s true.

article thumbnail

Semiconductor company Mindgrove launches India’s first commercial MCU chip – ET Auto

Baua Electric

The Chennai-based startup said the chip will allow local companies to use an Indian SoC in their products and help reduce the cost of their devices, without compromising on high-end features. The company said it is the only Indian chip that is commercially available in this segment. .

article thumbnail

Is the Depreciation Cost of Electric Vehicles the Same as Conventional Vehicles?

Get Electric Vehicle

  In this, we will explore whether the depreciation cost of EVs is the same as that of conventional vehicles and the basics of the factors involved in depreciation for any type of vehicle. Before moving on we should have an open mind on the process of calculating the depreciation cost of an EV.

Cost Of 75
article thumbnail

Using modular platforms and micro-factories to lower the cost of commercial EVs – Charged EVs

Baua Electric

The company has focused on developing its own technology, and now offers not only complete vehicles, but also a broad range of components, including electric drivetrain systems, control software, bidirectional charging systems, modular batteries, battery management systems and more. Rakesh Koneru: That’s true.