Tag: EV news
Hyundai Motor’s global EV sales decline by 3.3% in April
Hyundai Motor Company, encompassing the Hyundai and Genesis brands, reported a global vehicle sales figure of 345,840 in April 2024, marking a 3.3% decrease...
Honda plans to double its investment in electrification and software to...
Japan's Honda Motor announced a significant increase in its investment towards electrification and software development, doubling its commitment to approximately $65 billion over the next...
Understanding the political and market dynamics behind Biden’s Chinese tariffs – Kevin...
The Biden administration has announced new tariffs on Chinese EVs and other products. Therefore, on the latest episode of CBT Now, Kevin Tynan, Senior...
Rivian announces additional layoffs in California amid EV market challenges
Rivian Automotive, once celebrated in the electric vehicle (EV) market, has revealed plans for further layoffs in California, signaling ongoing challenges in the industry....
Honda recalls 187,000 Ridgeline trucks for backup camera issue
Honda is urgently recalling over 187,000 Ridgeline pickup trucks from the 2020 through 2024 model years due to a safety issue with their backup...
Toyota ranked worst in climate lobbying and EV plans, InfluenceMap report
InfluenceMap's latest annual report on climate lobbying in the automotive industry reveals Toyota's position as the automaker with the lowest climate lobbying score and...
California auto market shows resilience despite Tesla’s decline in market share...
Tesla registrations are down in the state of California. According to the California New Car Dealers Association's first quarter 2024 Auto Outlook report, the...
Electric vehicle marketing may be easier than you think — John...
Like it or not, electric vehicles are here to stay, leaving car dealers with the unenviable task of ramping up sales in a new...
Lotlinx launches inaugural Vincensus report
Lotlinx, a VIN-specific data company for dealership inventory management, has introduced its Quarterly Vincensus Report. This report is a comprehensive monthly/quarterly inventory analysis tool...
NHTSA initiates investigation into Waymo self-driving vehicles
On Tuesday, the U.S. National Highway Traffic Safety Administration (NHTSA) announced that it has launched an investigation into the performance of Alphabet's Waymo self-driving...