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Stellantis and LG Energy Solution to form JV for Li-ion battery production in N America; 40 GWh plant

Green Car Congress

The batteries produced at the new facility will be supplied to Stellantis assembly plants throughout the US, Canada and Mexico for installation in next-generation electric vehicles ranging from plug-in hybrids to full battery electric vehicles that will be sold under the Stellantis family of brands. —Carlos Tavares, CEO of Stellantis.

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KBB: Average new vehicle transaction price in US in December up 1.9% from November; EV ATP dropped 5.5% due to Tesla

Green Car Congress

The average new EV sold for $61,448, according to Kelley Blue Book estimates, still well above the industry average. Earlier in the year, Tesla was increasing prices, citing supply issues. Sales volumes in December were up year-over-year by more than 5% but down from November, due in part to improved supply. in November.

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Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

Green Car Congress

The average new EV sold for $58,725, according to Kelley Blue Book estimates, and is still well above the industry average. Sales volumes last month were up year over year by more than 6% but down from December, thanks in part to improved supply and added fleet sales. Tesla’s average transaction prices decreased $5,440, down 8.4%

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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. The high share of luxury sales helps to push the overall industry ATP higher.

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Ford: boomers leading trend to compact utility vehicles

Green Car Congress

Industry data supplied by Ford Motor Company and Del Webb, part of the multi-brand homebuilder PulteGroup, show that the baby boomer segment (ages 55 to 64), which comprised the growing market for large homes and made minivans and big SUVs vogue are now shifting to still lavish, but smaller homes and utility vehicles.

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Tech: Autonomous Vehicles Are Going to Require a New Brain

Clean Fleet Report

While there is no question that recent moves in the automotive industry, especially by new start-ups and tier 1 firms that are bringing significant innovation to the market, will put pressure on well-established manufacturers to upgrade their consumer experience. Waymo minivans are already driverless. Neural Manufacturing in Context.

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FPL Group and Duke Energy Pledge 10-year, $600M+ Commitment to Transition Fleets to PHEVs and EVs

Green Car Congress

Currently, the only near-term options for available PEV supply are sedans, minivans, vans and a few bucket trucks. This commitment will provide the transportation industry the evidence that a robust market for PEVs exists. —Lew Jim Rogers, chairman, president and CEO of Duke Energy. Lew Hay, FPL Group chairman and CEO.

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