China Has Big Charging Station Plan
Even though Chinese consumers have been reticent about buying electric vehicles, the government is working on a plan to install at least 10 million chargers around the country by 2020. While there's so far been weak consumer interest, GM, Volkswagen, BAIC, and Geely continue their planning to tap what it hopes will someday soon be a giant Chinese EV market.
First-Ever All EV Racing Series Starting This Summer
EV Cup will be the first-ever electric-vehicle racing series, and it's set to start this summer with circuits featuring Think City and EVs made by UK sports car maker Westfield. EV Cup backers, including Creative Artist Agency's sports division, are banking on a combination of broader public awareness of zero-emission vehicles.
Chrysler Working with EPA on Hydraulic Hybrid Technology for Minivans
Chrysler CEO Sergion Marchionne and EPA Administrator Lisa Jackson announced a hydraulic hybrid partnership Wednesday at the federal agency?s Ann Arbor, Mich., emissions lab. The news comes after Chrysler announced the 300 and next generation minivan will have optional hybrid-electric powertrains. The automaker is racing to play catch up as EPA fuel economy and emissions standards get closer.
Connected Cars Need Security Upgrade
As the connected car becomes a reality, the so-called 'attack surface' areas of vulnerability that could be exploited by hackers and assorted other bad guys are expanding. While the marketplace of applications and services for connected cars is growing, experts say the market for new kinds of security measures remains underexploited.
Used Vehicle Pricing Trends Likely to Remain Unchanged
Bill Walters, vice president of remarketing at Westlake Financial Services, recently summed up some of the trends his company has been witnessing in the market. Westlake and the industry as a whole have been seeing higher prices in the auction lanes.
