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Electric vehicle maker Rivian says it will follow General Motors and Ford and join Tesla’s charging network next year. The startup truck, SUV and delivery van maker says that like GM and Ford, it also will adopt Tesla’s charging connector, another step toward making it the industry standard.
It is another domino to fall as the auto industry considers switching to Tesla’s connector, which it calls the North American Charging Standard.
Tesla’s Superchargers are coveted by other automakers because it has more direct current fast-charging plugs in the U.S. than any other network, and its stations are in prime locations along freeway travel corridors.
-via AP
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Certified pre-owned (CPO) sales in May rose 5.4%, over 11,000 units, from last May to finish at 219,633. This total is up nearly 5,000 units, a 2.3% increase from April’s number.
CPO sales year to date remain up 6.0%, or 61,000 units, compared to the first five months of 2022, which was a rough year for the CPO market.
Among large manufacturers, Toyota had the largest CPO sales volume gain in May. Meanwhile, Hyundai has the largest year-over-year percentage gain in CPO sales, while Chevrolet had the largest percentage decline.
-via Cox Automotive
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In 2019, Albuquerque Mayor Tim Keller unveiled the first electric vehicles in the city’s fleet. In 2022, the first five electric buses started their routes around the city.
But in the present, gas still rules the lot, despite goals to make fleets more environmentally friendly. Supply chain issues, compounded by restrictions on publicly funded vehicle purchases, have made fleet electrification more difficult.
“We are trying to purchase as many [EVs] as we can,” New Mexico Department of Transportation Highway Operations Support Division Director John Romero said. “But at the end of the day, we need to continue with business. We need vehicles, and right now we’re really just trying to purchase what we can get our hands on.”
-via Albuquerque Journal
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The rise of regenerative braking in electrified vehicles has led to a design issue that the Hyundai Motor Group’s EVs may be failing. Research suggests that its vehicles may be slowing quickly without warning other drivers on the road.
“Until this issue is remedied, drivers of the affected EVs should stick with the Level 1 or Level 2 regenerative-braking modes and avoid using the stronger Level 3 and strongest i-Pedal modes,” recommended Jennifer Stockburger, the director of operations at Consumer Reports Auto Test Center.
via CarScoops
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Ranger Design is prepared for the transition to electrification. From a legacy of innovation and first-to-market breakthroughs, the company seems to offer a unique combination of benefits that their customers simply can’t get elsewhere.
This includes a first-of-its-kind no drill “E-Floor,” which keeps workers safe during installation, repair and maintenance. It’s also led to Ranger’s newest innovation – composite aluminum shelving units that are tough yet 30% lighter than its current steel lineup.
“Design is in our name, so everything we do, every person we hire, starts with a focus on innovation,” says Peter Young, VP of Business Development, who’s also Director of Strategy for the AFLA Board. “Our goal is to always move forward, always be first to market, and the only way to do that is to keep raising the bar on innovation.”
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By Bill Bishop, SVP of Sales and Marketing for FLD Remarketing
The reason FLD is the only remarketer who purchases assets up front is because of a little known group of three professionals we call our “CR” – or condition report – team.
Started by our founders over 30 years ago, FLD’s CR team is a unique group of individuals with expert level understanding of the automotive, auction and aftermarket industries, and more than 75 years of combined industry experience.
“The people we deal with at auction definitely know who we (FLD) are and what we can do,” said Scott Zahn, who works the Florida region for FLD. “I feel like they all know we really hustle to get things done because the one thing I hear most is that you guys are everywhere!”
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Double brokering — the practice of a broker re-brokering freight to another broker —can be illegal, but that doesn’t stop companies from doing it. In fact, double brokering might even be on the rise.
A lack of regulatory oversight and continued supply chain disruption from the pandemic have made conditions ripe for fraudulent brokers to offer deceptively low rates on load boards, only to double broker the load and end up not paying the actual carrier.
Unlike other load boards, the Sylectus load board is an alliance of vetted carriers and offers more than 26,000 vehicles for your freight. If you’re in need of capacity, use our network to find the best option for expedited, partial load, dry van, refrigerated, and flatbed freight.
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