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Report: Vehicle Supplies Are Climbing Back Up

The Truth About Cars

This is according to a report from Cox Automotive , which stated that the month of February opened with the industry seeing an average new vehicle supply of 80 days. However, the figure still doesn’t match the supply averages seen at the start of 2020. All-electric models also appear to be overcapacity on many lots.

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Tesla price cuts push EV market toward affordability with broader influence

Teslarati

Tesla cut prices on its cars once again recently and contributed to a broader scope of affordability for electric vehicles. Electric vehicle prices are down more than 22 percent year-over-year, standing at an average of $50,683 compared to $65,295 during September 2022. partly due to strong supply and more choice.

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Toyota will invest $14.3B in development of a battery supply system and research and development by 2030

Green Car Congress

billion) in the development of a battery supply system and research and development by 2030. Because Toyota can provide HEVs at a comparatively affordable price, in places where the use of renewable energy is to become widespread going forward, electrification using HEVs is among the effective ways of reducing CO 2 emissions, he said.

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GM and Honda expanding partnership to codevelop series of affordable EVs in most popular vehicle segments; on sale in 2027

Green Car Congress

General Motors and Honda plan to expand the two companies’ relationship by codeveloping a series of affordable electric vehicles based on a new global architecture using next-generation Ultium battery technology. Honda is making progress on its all-solid-state battery technology which the company sees as the core element of future EVs.

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Dana and Valeo collaborate to supply complete 48V electric vehicle systems

Green Car Congress

Dana Incorporated and Valeo announced a global collaboration to develop and to supply 48-volt electric-vehicle systems for new-mobility applications, including low-speed electric and hybrid e-AWD vehicles. The first system is scheduled to launch in early 2020 with a major European automaker on series-produced cars.

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BYD will supply batteries to Tesla

Push EVs

It’s no longer a rumor, BYD will supply batteries to Tesla. We are good friends with Elon Musk, and we will soon supply him with batteries. Currently, Tesla Model 3/Y cars made in China have their cobalt-free battery cells supplied by the Chinese giant CATL, but the battery packs aren’t very energy dense at 125 Wh/kg.

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Fisker names its all-electric SUV Ocean; unveils app-based leasing program

Green Car Congress

revealed the name of its upcoming all-electric luxury sports utility vehicle: Fisker Ocean. The all-electric SUV will come standard with an extended range (target of approximately 250 to 300 miles, depending on driving conditions), enabled by an approx. And we take care of all the service and maintenance.

Fisker 210