EVs to Reach Cost Parity With Gas Vehicles Through Creative Alliances and Solutions
General Motors President Mark Reuss said he said he sees the cost of a BEV and a comparable gas model will “reach parity a lot sooner than people think.”
The auto industry is planning to spend in excess of $100 billion over the next decade on the development of electrified vehicles, pure battery-electric models, in particular. Getting costs down to parity is clearly one of the auto industry’s mantras.
That’s one of the reasons so many automakers, even industry giants like Ford, Volkswagen and Toyota are opting to partner with traditional competitors to help spread development costs.
Read the article at The Detroit Bureau.
Trump Administration Will Face Legal Battles Over Clean Car Standards
Automakers appear unlikely to sway the Trump administration from abandoning President Barack Obama’s signature climate policy to improve mileage standards to nearly 51 miles per gallon for 2025 car and light truck models.
“The automakers’ efforts are too little and too late to stop the Trump administration from eviscerating the Obama clean car standards,” Bill Becker, president of Becker Environmental Consulting said. “The Trump proposal, if adopted, will contribute to tens of thousands of premature deaths and millions of incidences of serious illnesses, undermine states’ compliance with the Clean Air Act, and impose serious impacts on businesses.”
Read the article at The Washington Post.
Fiat Chrysler Could Soon Kill Off One of it’s Best Known Models – the Minivan
More Americans are saying no to minivans, once considered synonymous with suburban family life.
Minivans have lost 35% of their market share over the last decade. SUVs now account for about 50% of U.S. vehicle sales, up from about 31% in 2009.
"Minivans have always had the stigma of the soccer mom image even though they’re incredibly practical," said Michelle Krebs, analyst at car-buying site Autotrader.
Read the article at USA Today.
Why the UK Car Industry is Struggling
Since the EU referendum in 2016, investment in the UK car industry has fallen in the last two years, slumping 46.5% in 2017 alone.
Ford, Honda, Jaguar Land Rover and Nissan are cutting production and jobs in the UK
Air quality concerns and taxation changes have led to a big drop-off in diesel sales, contributing to a 7% fall in new car registrations in the UK in 2018.
To get their emissions levels down, carmakers are going to need to sell a lot more electric vehicles, but without a charging infrastructure, the market isn't quite ready for electric cars.
Read the article at BBC News.
Mentor by eDriving Wins a People’s Choice Stevie Award in 2019 American Business Awards
Mentor by eDriving won the 2019 People’s Choice Stevie Award for Favorite New Products in the Governance/ Risk/ Compliance Solution category in The 17th Annual American Business Awards.
“What an incredible achievement to win not only an American Business Award, but also a People’s Choice Award,” said Ed Dubens, CEO/ Founder of eDriving. “This public recognition for Mentor demonstrates what an opportunity there is for the eDriving/FICO partnership to empower drivers to identify and change their high risk behaviors behind the wheel that could get them into trouble.”
Read the press release.
