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ACEA study finds cost still strong deterrent for EV uptake across Europe; calls for “realistic” targets recognizing affordability

Green Car Congress

A new study by the European Automobile Manufacturers’ Association (ACEA) finds that the affordability of electric cars remains a strong deterrent for customers across the EU, along with lack of infrastructure and lack of investment in infrastructure. The auto industry is eager to move as fast as it can towards zero-emission vehicles.

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Volvo follows in Stellantis’ footsteps and departs from ACEA

Teslarati

As the auto industry splinters over the switch to electric vehicles, Volvo Cars AB is the second major manufacturer to leave Europe’s auto lobby. Carlos Tavares, the CEO of Stellantis, has been one of the most outspoken advocates for a slower shift in the automotive industry. I’d love to hear from you!

Volvo 95
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KPMG Survey: execs say connected car generates 10x revenue than a conventional vehicle; market share based on units “outdated”; BEVs #1 trend

Green Car Congress

The massive amounts of data that is being collected presents a tremendous business opportunity for auto companies. Addressing information security concerns is a critical priority for automakers, and one they cannot afford to get wrong. Good-bye to auto-digital fusion, hello to co-integration. —Gary Silberg.

Connect 150
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China puts its electric vehicles on center stage - China automotive news

Tony Karrer Delicious EVdriven

As a subscriber, you can receive our free weekly China Auto News, which keeps you informed the latest developments of Chinas automobile industry. Alternative-fuel cars were some of the hottest items on display at the Shanghai auto show from homegrown companies like Geely Automobile Holdings Ltd., Gasgoo.com | ?? |

China 28
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The EV Transition Explained: Reshaping Labor Markets

Cars That Think

President Biden says his EV policies will result in “one million new jobs in the American automobile industry. The automaker has already begun idling auto plants and is warning of future closures to pay for its transition to EVs and to try to keep EV prices affordable. One million.”. Neither does the U.S.

Market 88
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Convincing Consumers To Buy EVs

Cars That Think

However, until mainstream public confidence reaches the point where the perceived combination of risks of a battery electric vehicle purchase (range, affordability, reliability and behavioral changes) match that of an ICE vehicle, then EV purchases are going to be the exception rather than the norm. How much range is enough?

Buy 81
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Tesla 2024 Annual Shareholder Meeting transcript: June 13, 2024

Teslarati

Tesla has failed to inform consumers about measured levels of magnetic fields and wireless radiation within the automobile or their other products. This includes Tesla’s competitors BMW, Renault, Rivian, Volkswagen, and Volvo. I mean, for reference, the auto industry is roughly 100 million vehicles per year.

Tesla 103