AIADA Chairman Anthony Brownlee, @eabrownlee has published another blog post, "New EPA Ruling on EVs Ignores Consumers." Click here to read the full post: https://t.co/2wGItrcfXP
EV startup Rivian Automotive reported a fourth-quarter net loss of $1.52 billion and announced salaried job cuts amid economic uncertainty and flat production. https://t.co/qIsPRik8ob
Wow, this mea culpa from Morgan Stanley’s Adam Jonas:
“.. I owe Toyota an apology. From 2019 through 2021 we predicted the demise of hybrids given changes in regulations, EV adoption and consumer tastes. We were wrong. Hybrids are proving to be a viable transition ..” $TM
“Gas cars and hybrids are flying off the shelves,” says Celebrity Motor Car owner Tom Maoli as $F forecasts higher EV losses. “EVs cannot sell. The consumer does not want them.”
#ICYMI: Our President and CEO, Jennifer Safavian, was recently published in the Detroit News raising concerns about the Michigan Vehicle Rebate plan. Autos Drive America is concerned about the plan limiting consumer choices by providing a smaller tax rebate to those who purchase EVs and hybrids from non-unionized plants.
Read the full Op-Ed here: https://t.co/DrK7b8voSv
Tesla CEO @elonmusk sounds the alarm on Chinese automakers, stating they will "demolish" rivals without trade barriers. @Lebeaucarnews reports on the earnings call. $TSLA
Longtime chairman of the Lexus National Dealer Advisory Council, John Iacono spoke with Staff Reporter Larry P. Vellequette about the year ahead for Lexus retailers. Click for the edited excerpts.
https://t.co/tQyBNFCr6R
Electric vehicle sales increased in South Carolina last year, but the total remained less than half the national average and lagged far behind purchase of gas-powered cars, according to a report by the Alliance for Automotive Innovation.https://t.co/n2qIpKt421
Toyota Motor Chairman Akio Toyoda believes EVs will reach at most 30% market share, with the rest taken up by hybrids, hydrogen fuel cell and fuel-burning cars.
https://t.co/3FnI09NWai
BMW has reached a turning point in its transition from gas-powered to electric vehicles, with its CFO, Walter Mertl, predicting that EVs will make up most of the company’s growth in the future.
https://t.co/6PZMn1oFal
Not only does charging take longer in freezing temperatures, some electric vehicle owners are surprised to find how much their car's driving range is compromised by winter weather. https://t.co/2Wli8fXMYp
Hertz is selling about a third of its global electric vehicle fleet, citing weaker demand for its electrified rentals https://t.co/UeZUN0Yr5z https://t.co/UeZUN0Yr5z