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Former Porsche U.S. govern government stated to be leaping to Rivian

Baua Electric

The Amazon-backed automaker builds 3 cars in Standard, Sick., — an electrical supply van, a pickup and a crossover — and it’s running on its nearest automobile platform, R2, designed for more cost effective fashions. In a LinkedIn put up saying his advance from Porsche, the manager wrote: “How can you leave Porsche???

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Volkswagen, Mobileye to bring new automated driving functions to series production – ET Auto

Baua Electric

Israeli automotive tech company Mobileye will provide driving assistance software based on its SuperVision and Chauffeur platforms to VW’s luxury brands such as Audi, Bentley, Lamborghini and Porsche. Mobileye is also set to supply further automated driving software to Volkswagen’s commercial vehicles unit.

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

While luxury automakers Audi, Mercedes-Benz, and Porsche all marked September 2023 with increases in pricing compared to the same month a year prior, Tesla helped offset these increases with cuts of its own in the United States. EV sales continue to increase as well, as the EV supply sits at 97 days at the beginning of October.

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

Green Car Congress

—Rebecca Rydzewski, research manager of economic and industry insights for Cox Automotive. According to Cox Automotive estimates, new-vehicle inventory is steadily improving, though some brands have a noticeably larger supply than others. above sticker price last month.

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It’s a buyers’ market! Tesla Model 3 and Tesla Model Y dominate  rapidly growing used EV sales in Australia

EV Central

That’s the findings from the Automotive Insights Report analysing March 2024 used car sales compiled by AutoGrab and the Australian Automotive Dealer Association. READ MORE: We buy a used Porsche Taycan! “Due to the growing availability of supply, the prices of used EVs have been gradually decreasing during this period.

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A mini industry spawns under the hood of a booming car market – ET Auto

Baua Electric

From Porsche to Mercedes-Benz in the luxury segment and from Maruti to Mahindra and numerous startups, all want a share of this growing market. Notably, metropolitan cities accounted for 65% of used car supply in FY22. As per the company’s internal report, the market is poised to grow at a 15% CAGR in the said period.

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BMW imported 8,000 vehicles into US with parts from banned Chinese supplier says Senate report – ET Auto

Baua Electric

In February, Volkswagen confirmed that several thousand Porsche, Bentleys and Audi vehicles were held at U.S. ports and “takes allegations of human rights violations very seriously and is committed to preventing the use of forced labor in our supply chain.”