Daimler is now officially just Mercedes-Benz, thanks to a corporate change that saw the OEM spin-off its truck division in February. The change is the latest in a string of structural reshuffles for the OEM. Tom Narayan, a European auto analyst at RBC Capital Markets, said “Investors could start viewing Mercedes as a Lucid Motors or Tesla type and start to give it an EV (electric vehicle) multiple.” (Source: Driving) Read the original story…
Ford recently changed some of the rules of its EV sales program for dealers. “The automaker removed some requirements for the lowest dealer tier, including ditching the 25-EV per year cap and loosening the requirement to operate a public charger …
A lack of accurate data regarding car emissions in Australia is hindering uptake in the country, according to The Guardian. “Australia is ‘flying blind’ when it comes to emissions from particular vehicles because the federal government relies on industry data, …
As electric vehicle sales soar, the industry is facing a host of bottlenecks: scaling up production of batteries and the raw materials that go into them takes time; global battery production is currently dominated by Asian firms; much of the …
There’s a new venture taking place in a large, nondescript warehouse in Kingston, Ont.: Lithium-ion battery recycling. And it could be an important component of Canada’s net-zero future. The facility, owned by Canadian startup Li-Cycle, houses stacks of depleted lithium-ion …
Ford is restructuring its vehicle development and supply chain operations, shuffling multiple executives just days after announcing that it would build up to 45,000 vehicles with parts missing due to shortages. The Dearborn, Michigan, automaker gave some executives new roles …
Owners of certain models of Kia and Hyundai vehicles will be entitled to software upgrades designed to cut down on a rash of thefts nationwide officials say are exacerbated by some social media videos. The fixes, intended to be distributed …
