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The Canadian light vehicle market saw a significant rebound in 2024, with overall sales reaching an estimated 1.86 million units sold in 2023, according to DesRosiers Automotive Consultants. The growth of SUVs led to a new record for light truck share, with passenger cars falling to only 13.4 per cent sales increase over 2023.
Hyzon has announced a purchase agreement for 12 hydrogen-powered refuse Fuel Cell ElectricVehicles (FCEVs) with GreenWaste. Our technology offers a value proposition to our customers, providing zero-emission power necessary to meet the demanding challenges of refuse trucks, ensuring they perform day in and day out.”
As new vehicle inventory continues to grow and sales slow, manufacturers and dealers are expected to offer higher incentives to keep cars and trucks moving off lots in 2025. New vehicle inventory reached 3.23 million in November 2023. Kelley Blue Book also noted that incentives for electricvehicles increased.
A new report highlighted just how much cheaper electricvehicles need to get in Canada to reach mandated sales levels. Last December, the federal government unveiled its ElectricVehicle Availability Standard, which outlines zero-emission vehicle sales targets for automakers.
ADD Group, one of the largest manufacturers of Shocks, Struts and Complete Strut Assemblies in the world, will be exhibiting innovations and various product lines at HALL 3 Booth 3N35 in the Automechanika Shanghai 2023. The post ADD Group To Present Various Product Lines at AM Shanghai 2023 appeared first on Brake & Front End.
announced the development of a zero emissions version of PowerUP, Mullen’s mobile EV charging solution, that will now be offered on the Company’s own Class 3 all-electric cab chassis truck. The post Mullen Announces Development of Mobile EV Charging Truck appeared first on Tomorrows Technician. Mullen Automotive, Inc.
The ElectricVehicle Availability Standard , introduced in December 2023, mandates that manufacturers and importers of new passenger cars, SUVs, and pickup trucks ensure a specific percentage of their sales are zero-emission vehicles (ZEVs) by certain milestone years leading up to 2035.
Pickup trucks and SUVs have long been the dominant vehicles in the U.S. The automotive M&A advisory firms semiannual Market Outlook Report , released this week in conjunction with the NADA Show, said its data shows American consumers have reached peak truck. The post Report finds U.S.
American buyers have historically favored petrol vehicles, but battery electricvehicles (BEVs) and plug-in hybrid electricvehicles (PHEVs) led market expansion in 2024. Meanwhile, internal combustion engine vehicles (ICEs) fell below the 80% market share threshold, according to JATO. In 2024, U.S.
Edited by Madeleine Winer Accelera by Cummins, Daimler Trucks & Buses US Holding LLC and PACCAR have chosen Marshall County, Mississippi, as the site for their upcoming advanced battery cell manufacturing facility. manufacturing jobs, aims to produce battery cells for commercial electricvehicles starting in 2027.
American buyers have historically favored petrol vehicles, but battery electricvehicles (BEVs) and plug-in hybrid electricvehicles (PHEVs) led market expansion in 2024. Meanwhile, internal combustion engine vehicles (ICEs) fell below the 80% market share threshold, according to JATO. In 2024, U.S.
In 2024, 11 of the 47 brands analyzed by LexisNexis were above the industry average in brand loyalty, an increase from the nine that surpassed it in 2023. 1 in the truck sector, also for the third consecutive year, at 65.1%. Gas-powered vehicles led the way with a rate of 85.2%, but that number is down from 88.3% Thats up 10.8
11, 2023, that Kokomo, Indiana, will be the site for a second battery manufacturing facility in the United States as part of the StarPlus Energy joint venture. We expect Stellantis brand vehicles powered by Samsung SDI batteries featuring supreme technologies to contribute to accelerating the U.S. Stellantis N.V.
11, 2023, that Kokomo, Indiana, will be the site for a second battery manufacturing facility in the United States as part of the StarPlus Energy joint venture. We expect Stellantis brand vehicles powered by Samsung SDI batteries featuring supreme technologies to contribute to accelerating the U.S. Stellantis N.V.
With that in mind, CARFAX has added month-over-month insights to its Used Car Index reports, the first major change in these recaps since their April 2023 debut. They were followed by pickup trucks (down 6.1%), SUVs (down 5.2%), luxury SUVs (down 4.6%) and cars (down 4.5%). Especially if that month follows a U.S. presidential election.
The company will be exhibiting a vast portfolio with coverage available for the latest and mainstream models around the world, including passenger cars, SUVs, pickups, light trucks, commercial and heavy-duty vehicles. The post ADD Group to Exhibit at Automechanika Shanghai 2023 appeared first on AutoSuccessOnline.
Legacy EV was declared the 2023 MEMA Aftermarket Startup Challenge winner during the Aftermarket Technology Conference on October 10, 2023. These include: 3DK , Accufacture , Bringoz , Cochl , My Battery Health , Work Truck Solutions.
ADD Group is exhibiting various product lines at Hall 3 Booth 3N35 at Automechanika Shanghai 2023, Nov. While some of the launches apply to 2022 and 2023 models, the main product highlights are the company’s new complete strut assemblies and air shocks for EV applications, ADD Group said. 29 to Dec.
ADD Group is exhibiting various product lines at Hall 3 Booth 3N35 at Automechanika Shanghai 2023, Nov. While some of the launches apply to 2022 and 2023 models, the main product highlights are the company’s new complete strut assemblies and air shocks for EV applications, ADD Group said. 29 to Dec.
Work Truck Solutions recently released its Q2 2024 Commercial Vehicle Market Analysis. The Q2 data for new and used vehicles highlights that inventory levels, pricing, and sales numbers are, for the most part, following persistent trends. Used: Average sales increased for the first time since Q1 2023, showing 2.9%
market, the top three vehicle segments routinely account for more than 45% of all vehicle sales, according to Kelley Blue Book analysis, and competitive price pressures have ATPs moving in different directions. Full-size pickup trucks, where sales have been relatively soft in 2024, saw year-over-year ATPs lower in October by 1.3%
Electricvehicles have been the hottest topic in the automotive industry for years now. Caldwell pointed out there are no new EVs available with an average MSRP of less than $30,000, and only four — the MINI Hardtop 2 Door, Nissan Leaf, Fiat 500e and Hyundai Kona Electric — priced less than $40,000.
Auto logistics providers anticipate a large increase this year in the volume of battery-electricvehicles, or BEVs, they transport. Two areas stand out when discussing handling those electricvehicles versus internal combustion engine vehicles, and each area has its own ramifications for the industry.
Rivian has had its ups and downs as it tries to break even and start producing electricvehicles profitably. Its first model, the R1T pickup truck, surprised everyone as the first el. Rivian's Q3 production and delivery numbers beat analyst expectations, proving it's still the most successful EV startup in the US.
has begun applying its proprietary E+ mark on its tires for trucks and buses. The E+ mark, which indicates the tire has special qualities suitable for EVs, was first applied to Yokohama passenger car tires in the latter half of 2023. The Yokohama Rubber Co.
The average incentive package on a new vehicle was higher by 44% compared to December 2023, when incentives equaled approximately 5.5% Vehicles in this category include the Land Rover Range Rover, Cadillac Escalade, BMX X7, GMC Yukon and Tesla Cybertruck. Year over year, Mitsubishi ATPs were lower by more than 12%.
Electricvehicles are less complex than internal combustion-engined vehicles. But when it comes to software, pretty much every vehicle on sale today is tremendously more complex than new cars, trucks, and crossovers from merely a decade ago.
We found out wh y Toyota’s twin-turbo V6s have been grenadeing themselves in 2022-2023 Tundras and Lexus LXs earlier this month, but there’s still no real fix for the issue. Now it seems car dealers are staying away from the once bullet-proof trucks. Read more.
Brookdale Community College has secured a grant totaling $561,318 from the National Science Foundation to pioneer the ElectricVehicle Education for New Jersey (EVE-NJ) project. As the automotive industry rapidly transitions towards electricvehicles, this grant represents a pivotal investment in preparing the workforce for the future.
Hankook Tire returned to the 2023 SEMA Show to demonstrate its latest SUV and electricvehicle (EV) tires. Hankook’s Dynapro tires for SUVs and light trucks were on display alongside the company’s iON product line, designed for the needs of EVs and EV owners.
The ASE Education Foundation has recently revised its accreditation standards for truck and collision repair training programs, specifically focusing on tasks, tools and equipment related to high-voltage (HV) systems, including those found on electricvehicles and hybrids.
The ASE Education Foundation recently revised its accreditation standards for truck and collision repair training programs, specifically focusing on tasks, tools and equipment related to high-voltage (HV) systems, including those found on electricvehicles and hybrids.
The ASE Education Foundation recently revised its accreditation standards for truck and collision repair training programs, specifically focusing on tasks, tools and equipment related to high-voltage (HV) systems, including those found on electricvehicles and hybrids.
On the first day of the NADA Show 2024 in Las Vegas, the Center for Sustainable Energy (CSE) and the National Automobile Dealers Association (NADA) launched an innovative online electricvehicle (EV) sales training certification program to empower dealership staff to educate car shoppers about the advantages of driving electric.
Owners of electricvehicles have unrealistic expectations of their vehicles’ tire performance, leading to lower customer satisfaction, according to the latest research from J.D. 1 in the truck/utility segment at 818, followed by BFGoodrich (812) and Hankook (804). The company’s 2024 U.S. Falken was No. Power said the U.S.
It’s Thursday, December 21, 2023, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. Good morning! Here are the important stories you need to know. Read more.
Despite some of the things you may read online, demand for electric cars both in the U.S. More than one million EVs were sold here in 2023 , and the price premium versus gas cars is lessening. While many new EVs are big hulking trucks and… Read more. and globally is at an all-time high, and sales are increasing exponentially.
It’s Thursday, November 16, 2023, and this is The Morning Shift , your daily roundup of the top automotive headlines from around the world, in one place. Good morning! Here are the important stories you need to know. Read more.
Vehicles on the road are getting even older, according to S&P Global Mobility. The average age of cars and light trucks in the U.S. years in 2024, up by two months over 2023, according to new analysis. in January 2023. Vehicles under the age of six accounted for 98 million vehicles in 2019, or about 35% of VIO.
Vehicles on the road are getting even older, according to S&P Global Mobility. The average age of cars and light trucks in the U.S. years in 2024, up by two months over 2023, according to new analysis. in January 2023. Vehicles under the age of six accounted for 98 million vehicles in 2019, or about 35% of VIO.
Chevrolet released the updated 2025 Tahoe and Suburban’s design toward the end of 2023, but GMC just unveiled the… Read more. General Motors has had trouble distinguishing some of its brands and their models which share platforms for a long time, but that seems to be changing with the General’s refreshed 2025 full-sized SUVs.
Winners of the prestigious DVL Awards demonstrated the highest new retail vehicle registrations with ethnic consumers. This year’s awards were based on an analysis of data from S&P Global Mobility representing the period July 2023-June 2024.
In almost every conversation I’ve recently had regarding the future of the electricvehicle market — specifically, battery electricvehicles — there is a passionate stance for one side of the argument or the other. In 2023, nearly 400,000 used EVs were sold, a significant increase from 283,000 sold in 2022.
.” Market Shifts While smaller, more affordable vehicles are gaining market share in 2024, other segments are shrinking. Notably, the full-size pickup truck share is lower year over year in 2024. The popular mid-size SUV segment is also smaller this year versus 2023. Through the end of Q3, the EV premium has averaged 19%.
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