Tag: electric vehicles
Rivian’s Illinois plant fully embraces clean energy for EV charging
At its Normal, Illinois, facility, Rivian has installed a 2.8 MW wind turbine that, when combined with solar power, will provide clean energy for...
Navigating roadblocks: overcoming customer objections when selling EVs
As electric vehicles continue rolling into inventory, dealerships play a pivotal role in selling these vehicles and educating potential buyers about the ins and...
Ford earnings underwhelm analysts, automaker postpones EV investments
Ford on Thursday retracted its full-year earnings guidance after posting an underwhelming third-quarter report. The announcement came on the same day company executives reached...
Stellantis to invest $1.58 billion in China’s Leapmotor, plans joint venture
Stellantis has announced a $1.58 billion investment into Chinese electric vehicle maker Leapmotor.
The investment will give the manufacturing conglomerate a 20% stake in the...
Lexus reveals next-gen LF-ZC concept, a luxury EV promising greater range
Although Lexus has already launched its first EV, the RZ, the Japanese brand, unveiled its promising LF-ZC concept at the Japan Auto Show.
The company's...
The biggest takeaways from dealership and OEM third-quarter reports — Kevin...
Third-quarter reports from the big dealership groups and automakers are in, giving analysts insight into the impact of the ongoing United Auto Workers strike...
Honda halts $5 billion project with GM to develop smaller EVs
Honda and General Motors announced that they are abandoning their joint project to create affordable electric vehicles. The decision comes a year after agreeing...
California DMV suspends permits for Cruise’s self-driving robotaxis
California's Department of Motor Vehicles (DMV) revealed it suspended General Motors’ permit for autonomous vehicle (AV) deployment and testing, alleging the company "misrepresented" the...
Fisker adjust prices as electric vehicle segment faces demand cool down
Electric vehicle maker Fisker today adjusted prices across its lineup several weeks ahead of the release of its third-quarter report.
Prices for some models increased...
How the CFADA is paving the way for EV adoption –...
As EVs become more prevalent on the roadways, it's essential for dealerships to understand the opportunities associated with maintenance. Evelyn Cardenas, President and CEO...
