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IHS Markit: average age of cars and light trucks in US rises again in 2019 to 11.8 years

Green Car Congress

This represents one of the highest annual increases the US auto industry has seen since IHS Markit began tracking VIO growth—second only to the 2.3% Light vehicles in operation in the US have now reached a record level of more than 278 million according to the analysis—an increase of more than 5.9 million (2.2%) since 2018.

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IHS Markit: average age of light cars and trucks in US rises again in 2016 to 11.6 years; record number in operation

Green Car Congress

This represents the highest annual increase the auto industry has seen in the US since it began tracking VIO growth, breaking the record of 2.1% Registrations for light VIO, including cars and light trucks (SUVs/CUVs as well) in the US also reached a record level of more than 264 million—an increase of more than 6.2

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Personal: One in a Million

Clean Fleet Report

I think that’s fair since on a good day my 3 ½-year-old Chevrolet Volt has a 61-mile all-electric range, roughly comparable to a used Nissan Leaf or Fiat 500e. In fact, it might not even be possible for the auto industry to produce that many EVs, although the rate of expansion is dizzying. Behind the Numbers.

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Rivian IPO: What you need to know

Teslarati

If Rivian’s shares end up selling at the top of their marketed range, the company could make history as the seventh-biggest US IPO on record, according to Bloomberg. It would also overtake longtime players in the auto segment, such as Japanese carmakers Honda Motor Co., Credit: Rivian). ” Conclusion.

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USABC awards Cobasys $8.4M for the development of high-energy density Li-ion cells and packs for EVs

Green Car Congress

USABC is a subsidiary of the United States Council for Automotive Research LLC (USCAR), the collaborative automotive technology organization of Chrysler Group LLC, Ford Motor Company and General Motors Company, whose mission is to further strengthen the technology base of the domestic auto industry through cooperative research and development.

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8-state alliance releases action plan to put 3.3M ZEVs on their roads by 2025

Green Car Congress

Since the MOU signing, state regulators, the auto industry and infrastructure developers and other stakeholders have shared information and best practices to help move this effort forward. The ultimate goal is to reduce greenhouse gas and smog-causing emissions by transforming the transportation sector over the next 11 years.

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GM and Chrysler Submit Updated Restructuring Plans; Up to $18.6B More Needed; Outlines for Product Plans

Green Car Congress

The plans, updated in the context of a worsening sales outlook for the entire auto industry, outline a need for up to an additional $16.6 GM has offered Saab for sale, and is requesting Swedish government support prior to any sale. GM will have a total of 36 nameplates in 2012, down 25% from 2008 levels.

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