Remove 2028 Remove Electricity Remove Manufacturing
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Rivian to Receive $6.6B Conditional Loan from US DOE

Tomorrow's Technician

American all-electric automaker Rivian Automotive has received a conditional commitment from the U.S. Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) loan program for a loan of up to $6.6 Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) loan program for a loan of up to $6.6

Finance 130
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PHEVs shine but for how much longer?

Auto Service World

Last year was a challenging time for the electric car market, but plug-in hybrid electric vehicles (PHEVs) are experiencing significant growth, according to a new report. However, the future of this segment still points to all-electric. However, while battery electric vehicles have struggled, PHEVs have thrived.

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The ‘horror story’ of the used vehicle market

Auto Service World

So when examining whether or not manufacturers will start to bring those vehicles into showrooms as used cars, its not a bright picture. So with that top of mind as well, we’re seeing those numbers decline up to 2027; 2028 we see it pick up, he said. He noted that his group looks at the market on a 48-month level.

Vehicle 130
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Honda to Establish EV Value Chain in Ontario, Canada

Tomorrow's Technician

Honda expects that electric vehicle production will begin in 2028. In addition to securing the current employment level of 4,200 associates at its two existing manufacturing facilities in Ontario, Honda said it estimates it will add a minimum of 1,000 new associates for the EV and EV battery manufacturing facilities.

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Bridgestone develops Potenza Sport tires for Maserati’s all-electric SUV

Tire Review Magazine

Bridgestone Americas (Bridgestone) has been chosen by Maserati to develop bespoke 20” tires for its first all-electric SUV, the Maserati Grecale Folgore. On its side, Maserati said it has a commitment to produce electric versions of all its models by 2025 and full-electric vehicles alone by 2028. 310 miles) range.

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Bridgestone develops Potenza Sport tires for Maserati’s all-electric SUV

Tire Review Magazine

Bridgestone Americas (Bridgestone) has been chosen by Maserati to develop bespoke 20” tires for its first all-electric SUV, the Maserati Grecale Folgore. On its side, Maserati said it has a commitment to produce electric versions of all its models by 2025 and full-electric vehicles alone by 2028. 310 miles) range.

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S&P Global Mobility: Average vehicle on road is 12+ years old

Tire Review Magazine

“With more than 110 million vehicles in that sweet spot – reflecting nearly 38% of the fleet on the road – we expect continued growth in the volume of vehicles in that age range to rise to an estimated 40 percent through 2028.” As of January, the scrappage rate was 4.6%, largely unchanged from 4.5% in January 2023.

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