Americans Are Open To Cheap Chinese Cars. That’s 'Scary' For The Rest Of The Auto Industry
InsideEVs
APRIL 29, 2024
Many EV buyers would buy a Chinese car if it was cheap enough, according to a recent survey.
This site uses cookies to improve your experience. By viewing our content, you are accepting the use of cookies. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country we will assume you are from the United States. View our privacy policy and terms of use.
InsideEVs
APRIL 29, 2024
Many EV buyers would buy a Chinese car if it was cheap enough, according to a recent survey.
CleanTechnica EVs
NOVEMBER 20, 2023
The world is changing fast, and leaders in the auto industry have to make the transition to electric vehicles sooner. continued] The post Komatsu To Buy American Battery Solutions appeared first on CleanTechnica.
Green Car Congress
DECEMBER 16, 2012
A study by researchers at Iowa State University has determined that the automotive industry has a very large potential to utilize biobased materials. However, they noted, there are also many challenges associated with the use of biobased parts in the auto industry. Cost to manufacture is one of the main considerations.
CleanTechnica EVs
APRIL 20, 2023
Electric vehicles are well on their way to becoming popular in the auto industry, with automakers worldwide investing billions of dollars into going electric. Still, consumer interest may still have a ways to go to meet US climate goals, as a new poll shows that nearly half of US adults may be considering EVs for […]
Baua Electric
FEBRUARY 2, 2024
But now Italy says it is open to buying a stake in Stellantis, Reuters reports , using the same model France uses for its beloved Renault. Italy’s industry minister Adolfo Urso has said that Italy might follow the French model by taking a majority stake in Stellantis. FTC: We use income earning auto affiliate links.
Green Car Reports
NOVEMBER 12, 2018
The Tesla Model 3 is Green Car Reports' Best Car To Buy 2019. ” But that was the Model S—the shock to an auto industry that had dismissed its very premise. It’s the second time a Tesla product has won our annual award, which was captured by the Tesla Model S in 2013.
Green Car Reports
JANUARY 11, 2022
Most Americans still aren't ready to buy an EV, according to the Deloitte 2022 Global Automotive Study, which examines consumer perceptions of electrification and other technology movements in the auto industry.
CleanTechnica EVs
MAY 26, 2022
While the auto industry simultaneously faces major disruptions with the onslaught of new electric vehicles, even EV giant Tesla has been susceptible to the bear market — though, low share prices usually present an opportunity for skilled […].
Green Car Congress
JULY 31, 2011
In sync with its past annual auto studies, AlixPartners continues to predict that US auto sales will climb more slowly, and to a lower peak, than many others are predicting. Specifically, the firm estimates US auto sales will reach just 12.7 billion in 2010 profit on a net margin of 4.6% billion on a net margin of 4.3%—things
The Truth About Cars
AUGUST 22, 2023
Car rental companies have long pledged to make the transition alongside their auto industry partners, and Hertz recently announced that it would be adding the Cadillac Lyriq and Chevy Silverado EV.& Automakers are going electric, which means that all the companies that rely on them will have to adapt.
Teslarati
MAY 11, 2024
Tesla has launched its latest buying incentive for the Model Y, this time offering a special, super-low interest rate for those who purchase the SUV by the end of this month. The move comes as high interest rates have been a headwind for the auto industry over the past few years, and as electric vehicle (EV) sales have been slowing this year.
Baua Electric
MARCH 23, 2024
The auto industry is electrifying, and all new cars will be electric in the relatively near future. And yet, the auto industry – which is responsible for more pollution than any other sector, at least in rich countries – still lobbies to worsen emissions reduction targets, even when those targets were already pushed back to begin with.
CleanTechnica EVs
NOVEMBER 3, 2021
By Charles Morris “Americans aren’t buying electric vehicles, they’re buying Teslas,” reads a recent CNBC headline, and it’s a fair assessment. According to auto industry analyst IHS Markit, 79% of the EVs sold in the […]. Originally posted on EVANNEX.
Electrek
JANUARY 18, 2023
As the auto industry moves to fully electric vehicles, big oil companies are looking to keep their share of the wealth. In the latest news, oil giant Shell is buying out EV charging and media company Volta. The post Big oil gears up for ‘shift to e-mobility’ with latest EV charging company buyout appeared first on Electrek.
Green Car Congress
MARCH 15, 2018
The Alliance of Automobile Manufacturers (Auto Alliance) is strongly supporting the passage of Maryland’s SB 1234 , a bill that would require the State of Maryland to purchase zero emission vehicles (ZEVs) for state fleets. it is based on what customers buy rather than on what automakers produce. —Auto Alliance.
Green Car Reports
NOVEMBER 10, 2014
Our Best Car To Buy award can go one of several ways here on Green Car Reports. Those are cars that radically redefined what green transportation could be, changing the auto industry forever. Sometimes it goes to a moonshot car, like the first Nissan Leaf (in 2011) or the Tesla Model S (in 2013).
CleanTechnica EVs
APRIL 13, 2022
Investing legend Ron Baron has been holding Tesla in his portfolio since 2014, well before the company’s stock rose to new highs for the auto industry. In response to recent concerns about Musk’s sudden decision to buy a stake in Twitter, Baron didn’t budge and doubled down on his bullish take on the automaker and […].
Green Car Congress
JUNE 14, 2011
Based on the results of the study, CAR believes the economic risk to the auto industry connected to mandating permanent fuel economy standards in the long run is “ very serious ” The group recommends periodic review to assess the rate of technology development and cost reduction of advanced technologies leading up to 2025.
CN EV Post
SEPTEMBER 28, 2023
Buy on dips and immediately write covered calls no more than a month out expiration date. Nio could take a hint and follow Xpeng's hiring of a true auto industry professional, not a marketing guru. @nov22 In reply to nov22. I've come to understand that as well, but you can still profit from the continued follies of Nio.
Baua Electric
MAY 10, 2024
By: HT Auto Desk | Updated on: 10 May 2024, 13:15 PM The small car segment, which includes the hatchbacks, once ruled the Indian auto industry with nearly half the market share. From the 1990s, small cars led by Maruti Suzuki and Hyundai Motor, were the backbone of the Indian auto industry.
CN EV Post
MARCH 21, 2023
| NIO US | NIO HK | NIO SG An NIO (NYSE: NIO) executive re-emphasized the electric vehicle (EV) maker's confidence that it will meet its goal of doubling sales this year, at a time when the Chinese auto industry has been weak overall so far this year. "We We expect the industry to go through some profound consolidation," Feng said."It's
Teslarati
APRIL 14, 2021
Tesla is not yet producing electric vehicles at Gigafactory Berlin, but the EV maker’s presence is already being felt in Germany’s auto sector. The sociologist looked into Tesla’s effects on the country’s auto industry on behalf of IG Metall, one of Germany’s most notable unions.
The Truth About Cars
NOVEMBER 9, 2023
Plus, as The Drive pointed out, the Venn diagram of people who buy EVs and listen to AM radio has a very small overlap. One spokesperson told Automotive News that the expense would only be a fraction of the auto industry’s estimates. The good news for AM radio is that the auto industry appears poised to lose its fight.
Baua Electric
JANUARY 10, 2024
As artificial intelligence becomes the new horsepower for car buyers, established automakers are redoubling efforts to match the digital features that set Tesla, BYD and other new rivals apart, industry executives and analysts said at the CES technology show in Las Vegas. The transition to software-dominated cars is challenging.
Cars That Think
MARCH 28, 2023
As Spectrum reported in the months since this story originally posted, the broken supply chains caused by the chip shortage have practically rewired whole segments of the tech industry. industrial concerns from falling victim to similar semiconductor supply chain snafus in the future. In March of 2023, the U.S.
Green Car Congress
FEBRUARY 9, 2020
Consumers in China, the world’s largest auto market, were the most enthusiastic, at 84%. —Mark Wakefield, global co-leader of the automotive and industrial practice at AlixPartners. In the US, 44% said they’d consider swapping their personal vehicle for ride-hailing under such circumstances. —Mark Wakefield.
Green Car Reports
NOVEMBER 9, 2017
Hyundai is known in the auto industry as an aggressive and very capable competitor, and the world's largest makers watch it closely and take it very seriously. The company didn't introduce its first hybrid car in the U.S. until 2011 and, frankly, that year's hybrid Sonata sedan wasn't very good.
The Truth About Cars
JULY 12, 2023
We’ve been hearing about the rise of electric vehicles for years, but while they are growing rapidly in number, there’s still a disconnect between an auto industry hell-bent on electrification and the desires of the people they rely on to buy new cars.
Baua Electric
FEBRUARY 27, 2024
It’s the hub for all of Tesla’s connected features, which the automaker was somewhat of a pioneer of in the auto industry. As we previously reported, Tesla is also moving its entire ordering and delivery process through its mobile app – making it even more central to the entire buying and ownership process.
Green Car Congress
AUGUST 15, 2013
Telematics and connected vehicle solutions are key elements in the future of the auto industry; SiriusXM asserts that its acquisition of the connected vehicle business of Agero establishes it as the leading provider for services in this growing industry.
The Truth About Cars
MARCH 7, 2024
While it’s true that Americans don’t buy that many hatchbacks, it’s even truer that cars like the Nissan Leaf are precisely what we need. There’s no shortage of $50,000-plus EVs from all corners of the auto industry, but the sub-$30,000 (or even sub-$40,000) market is pathetically tiny.
Teslarati
FEBRUARY 12, 2024
The price is down from previous R1T and R1S prices of $74,800 and $79,800 with the delivery fee, The news also comes ahead of Rivian’s launch of the R2 vehicle platform on March 7 , and as many in the auto industry have aired concerns around cooling electric vehicle (EV) demand.
Green Car Congress
DECEMBER 19, 2012
Government ownership of GM stock was the result of the auto industry rescue that began under President George W. After the repurchase, Treasury will continue to own approximately 300 million shares of GM common stock, or approximately 19% of the outstanding shares on a fully diluted basis.
Baua Electric
APRIL 22, 2024
Rising EV sales are set to remake the global auto industry and significantly reduce oil consumption for road transport, according to the new edition of the IEA’s annual Global EV Outlook , released today. This shift will have major ramifications for both the auto industry and the energy sector. Get started here. –ad*
Green Car Reports
JANUARY 31, 2018
But the auto industry works on long product cycles and buyers tend to be conservative, only changing the types of cars they buy if life circumstances change or there's a compelling financial reason to do so.
Green Car Reports
JANUARY 8, 2019
With final sales reports out from the whole auto industry, we built some context around Tesla's end-of-the-year sales numbers. Volkswagen buys wireless tech from Volvo. The Model 3 is setting the pace among luxury cars. And our.
The Truth About Cars
APRIL 24, 2023
BYD, China’s largest electric automaker, isn’t as gung-ho about autonomous vehicles as many other auto industry giants. Companies can buy machines that perform the work done by humans, and the cost to break even on the investment only takes a few years.
Green Car Reports
AUGUST 23, 2011
The electric auto industry -- more than the conventional auto industry -- is an extremely volatile and competitive place.
Baua Electric
MAY 18, 2024
The Chairman of Maruti Suzuki India Limited who is also a seasoned veteran in the auto industry spanning over four decades, firmly advocates that for India to progress into a developed nation, accessible mobility options are imperative. How will they run it if they don’t have the money to buy it? One has to pay money.
Teslarati
SEPTEMBER 17, 2021
Ives believes Tesla is still at the helm of the sector, leading other manufacturers through the tough transition to electrification while influencing a global transformation in the automotive industry. He holds a Buy rating on Tesla with a price target of $1,000. Ives is ranked 30th out of 7,641 analysts on TipRanks.
Green Car Congress
JANUARY 22, 2011
Fuel efficiency, safety innovation, and vehicle styling will be the three most important product issues influencing automotive consumer purchase decisions over the next five years, indicating a perceived shift in buying priorities, according to the 12 th annual global automotive survey conducted by KPMG LLP. Investments.
Charged EVs
APRIL 6, 2023
NI’s CEO reports an industry-wide recognition that test data is an underutilized asset and many systems need to be rebuilt to take better advantage of very rich data sets. Q&A with NI CEO Eric Starkloff (Full interview) The sense of urgency in the auto industry is palpable as it undergoes the transition to EVs.
Green Car Congress
JUNE 28, 2016
Even with wide-ranging unpredictable gas prices, US automakers will remain profitable and suppliers will benefit under existing national fuel economy standards slated to be in place until 2025, according to a new economic analysis brief prepared by independent automotive industry analysts, commissioned by the nonprofit group Ceres.
Teslarati
JANUARY 1, 2023
While many automakers now view autonomous driving products as the auto industry’s future, recent history has shown that it can be a highly volatile market. Now Volvo hopes to try its hand, buying out autonomous driving software and hardware supplier Zenseact.
Expert insights. Personalized for you.
We have resent the email to
Are you sure you want to cancel your subscriptions?
Let's personalize your content