Author: EVAI

Americans this summer were having a harder time paying bills and feeling greater concern about making ends meet compared with a year earlier, according to the July 2024 edition of the Federal Reserve Bank of Philadelphia’s Labor, Income, Finances, and Expectations Survey.

RML Group has revealed the P39 40SE based on the Porsche 911 Turbo S Custom car features a wider track and longer wheelbase than the 911 Turbo S Peak output is 900 hp versus 640 hp in the 911 Turbo S British motorsports and engineering company RML Group turned 40 this year and is celebrating with four new projects, one for each decade of its…

Nissan on Wednesday unveiled a redesigned Murano crossover due to reach dealerships early next year as a 2025 model. The fourth-generation model replaces the current Murano that has been on sale since 2015, and benefits from a more upmarket design, inside and out. It also swaps the current Murano’s 260-hp 3.5-liter V-6 and CVT combination in favor…

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The total number of U.S. EV charging stations has increased by 32% since 2023, but that growth has been unevenly distributed among the states, Here Technologies found in a new study.

Here, which provides map data to automakers for use with navigation systems and location-based services, ranked charging infrastructure based on how far EV drivers must go to find a charger, how quickly they can charge, the number of EVs on the road in a given state, and the estimated likelihood of finding an unoccupied charger upon arrival.

GM and Pilot Company’s EV charging network

States were ranked on all four factors, with a maximum 25 points each for a total possible score of 100. Delaware received the highest score at 79.4, followed by the District of Columbia (72.5). Massachusetts and Nevada tied for third place at 64.2, followed by Connecticut, which scored 63.7 points.

The lowest-ranked state was Alaska, at 19.6 points. Arkansas was one place up from the bottom with 33.3 points, with Idaho (35.3 points), Nebraska (37.3 points), and Minnesota (40.7 points) just above it.

Mercedes-Benz EV Charging Hub in Sandy Springs, Georgia

Looking at specific metrics, Delaware, Tennessee, Louisiana, Texas, and Indiana, saw the most significant improvements in charging infrastructure, according to Here. Kansas, Massachusetts, Maine, and Nebraska were the most reliable overall, with 98% of chargers within their borders operational at the time of the study. Alaska, D.C., and Hawaii all had above-average levels of inoperable chargers, with more than 10% nonfunctional at the time of the study.

Regional disparities are also apparent in the slow rollout of the national EV charging network funded by the Bipartisan Infrastructure Law. States are responsible for determining how the federal money is spent, and they’ve been moving at different speeds in implementing charging-infrastructure plans, slowing the rollout of the network.

• Europe needs to rethink its looming ban on vehicles with a gas engine, according to BMW’s CEO
• BMW CEO Oliver Zipse said the ban will force automakers to rely on China
• There’s concern about battery supply and competing with Chinese EVs

BMW CEO Oliver Zipse on Tuesday called for an end to Europe’s planned phaseout of new internal-combustion vehicle sales halfway through the next decade, arguing that it will force European automakers to rely on batteries from China.

Speaking to Reuters and other media at the 2024 Paris auto show, Zipse said the attitude toward the plan for 100% EV sales by 2035 was “trending towards one of pessimism,” adding that “a correction” of this target “would also afford European OEMs less reliance on China for batteries.“

BMW Vision Neue Klasse X concept

The European Union introduced this target in 2021, and in March 2023 member countries enacted the stricter emissions standards that will bring the industry to the 2035 target. The law been repeatedly challenged by automakers as well as the Italian government, although Volvo and 49 other companies recently signed a declaration urging EU officials to stay the course.

BMW already contracts with China’s CATL, as well as South Korea’s Samsung SDI. Both companies have factories in Europe, but German automakers have also been pressured to purchase batteries from companies headquartered in Europe. A $2 billion deal with Sweden’s Northvolt was supposed to check that box for BMW, but the automaker nixed it earlier this year. Northvolt has since announced plans to cut costs and scale back its operations.

BMW Vision Neue Klasse X concept

BMW will need more batteries as it ramps up manufacturing of its next-generation Neue Klasse EVs, which shift to cylindrical cells and a new EV-specific architecture. Production is scheduled to start at two European sites in 2025, with production at a North American factory in Mexico following in 2027.

In addition to batteries, there’s concern in Europe that Chinese EVs themselves will pose a competitive threat to local companies. While the EU has placed tariffs on electric vehicles imported from China on top of its standard 10% import duty for cars, though, it has considered lowering tariffs for certain Chinese automakers.

The BMW 2-Series Gran Coupe has been given an overhaul U.S. receives 228 and M235 models Pricing starts at $40,775, including destination BMW late on Tuesday unveiled a heavily updated version of the 2-Series Gran Coupe, the compact sedan that first arrived in 2019 as a 2020 model. The updated version is due on sale in the U.S. next spring and…

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2025 Chevrolet Corvette ZR1 is now fastest production car in GM history Stock example reached 233 mph during recent testing A more potent Corvette Zora is thought to be coming The 2025 Chevrolet Corvette ZR1, the current flagship of the C8 Corvette family, has just gone where no production Corvette has gone before. Chevrolet on Tuesday announced…

Auto lenders and others should tailor payment options to their customers’ preferences, writes PayNearMe CMO Anne Hay.