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A new pilot study in the Greater Toronto and Hamilton Area (GTHA) aims to save electricvehicle drivers up to 70 per cent on charging costs while addressing the increased strain on the electric grid. EV drivers in the GTHA are encouraged to join the free program by downloading the app or visiting www.optiwatt.com/gtha.
To address this concern, the National Institute for Automotive Service Excellence (ASE) said it is offering a testing and certification program for electrified propulsion vehicle (xEV) high-voltage safety, including light-duty and medium-/heavy-duty hybrid and electricvehicles. The test can be completed online, ASE said.
To address this concern, the National Institute for Automotive Service Excellence (ASE) said it is offering a testing and certification program for electrified propulsion vehicle (xEV) high-voltage safety, including light-duty and medium-/heavy-duty hybrid and electricvehicles. The test can be completed online, ASE said.
To address this concern, the National Institute for Automotive Service Excellence (ASE) said it is offering a testing and certification program for electrified propulsion vehicle (xEV) high-voltage safety, including light-duty and medium-/heavy-duty hybrid and electricvehicles. The test can be completed online, ASE said.
Increasing adoption of electricvehicles has exposed weaknesses in charging infrastructure such as unsecured payment protocols and outdated communication standards that can potentially affect the vehicles as well as power grids. The full report can be downloaded here. The post Cyberattacks cost auto industry $22.5B
Owners of electricvehicles are ready to come back for more. The survey found drivers’ level of concern about nearly every factor involved in owning an EV, including battery range, public charging availability and price, decreased after experience driving an electricvehicle.
“2023 was a record year for electricvehicles,” said Ryan Mandell, Mitchell’s director of claims performance. The publication also details the top North American regions and vehicle models associated with EV collision claims in 2023. To download the full report, visit the Mitchell website. and Canada.
Incentives for electricvehicles (EVs) increased. In February, sales of the Mitsubishi Mirage the only vehicle in the U.S. The average incentive package on the Mirage, the most affordable new vehicle, was just 2% of ATP and well below the industry average of 7.1%. Data tables are available for download.
The mix of used-vehicle inventory at the time of the survey was good, according to both franchised and independent dealers. Mixed Views on ElectricVehicle Sales and Market Expectations Dealers’ views on electricvehicle (EV) sales improved in Q1 compared to the previous quarter and last year.
Bridgestone Retail Operations (BSRO), a subsidiary of Bridgestone Americas , will plant more than 54,000 trees across the country as a result of the company’s second annual “Download the App, Plant a Tree” campaign. The post Bridgestone Retail Operations donates 54,000 trees appeared first on Tire Review Magazine.
Electricvehicle (EV) repairs: EVs are becoming more common in repair assessments. To download the full report, click here. The post CCC Report Analyzes Labor Pressures, Vehicle Complexity appeared first on Tomorrows Technician. Despite their youth, EV repairs carry higher costs, especially in labor.
As electricvehicle prices fall, total loss claims rise. As a result, the percentage of EV parts repaired rather than replaced was less than 13% as opposed to almost 15% for gas-powered vehicles. The full report is available for download here.
Last year’s report was downloaded 1,600 times with more than 500 citations in print and broadcast news coverage, academic papers and congressional hearings. The report also provides projections for the impact of electricvehicles on workforce needs, and recently added an analysis of aviation data over previous years.
It might not be an earthquake, but the landscape of electricvehicles is beginning to shift. It’s possible that many are keeping a secondary vehicle to have the convenience of everyday driving while reserving the traditional fuel type for longer trips.” The full report is available for download here. in Q2 2023.
The full report can be downloaded here. DCG said hybrid and electricvehicles are undeniably a growth driver and with dealers becoming more receptive to selling these models, we can expect the combined segment to continue to steadily gain market share for the foreseeable future.
ElectricVehicle Prices Moved Higher in December, While Incentives Remain Elevated Sales of EVs were strong in December as well and, with an average transaction price of $55,544, helped push the industry-wide ATP higher. Data tables are available for download. year over year to $65,667.
The study’s results are based on a survey conducted in the second half of 2023 of 2,493 vehicle owners — including 182 electricvehicle owners — who had at least one service performed in the previous 12 months, accounting for more than 5,500 service visits. for the average gas vehicle. times with 2.8
Hybrids and electricvehicles surpassed 16% of the total 2023 U.S. light-vehicle sales. With the uptick of their popularity, shops are seeing more of these vehicles in the service bays. Industry standards accompany both certifications and are intended to be used in conjunction with high-voltage vehicle safety training.
For example, a technician skilled in diagnostics and electrical systems can handle a wider range of tasks. Regular Workshops : Host workshops or bring in industry experts to share insights on emerging trends, such as electricvehicle maintenance or advanced driver-assistance systems (ADAS).
To address this concern, the National Institute for Automotive Service Excellence (ASE) said it is offering a testing and certification program for electrified propulsion vehicle (xEV) high-voltage safety, including light-duty and medium-/heavy-duty hybrid and electricvehicles. The test can be completed online, ASE said.
To address this concern, the National Institute for Automotive Service Excellence (ASE) said it is offering a testing and certification program for electrified propulsion vehicle (xEV) high-voltage safety, including light-duty and medium-/heavy-duty hybrid and electricvehicles. The test can be completed online, ASE said.
A second, significant wave of shoppers ready to consider buying an electricvehicle (EV) is poised to begin entering the market in the second half of the decade, according to the latest findings from the 2024 Path to EV Adoption Study by Cox Automotive. By 2033, 90% of all vehicle shoppers will have electricvehicles on their lists.
Electric-vehicle naysayers likely harp on challenges such as outdated and insufficient infrastructure, alongside environmental regulatory programs, as hurdles to continued expansion of EVs and battery manufacturing in the U.S. can be downloaded via this website. Driving Change: Scaling Up EVs in the U.S.
It is designed for users to find and purchase new and used cars of all brands available at the AWIN dealerships, manage, save and sync their purchases, access and download the manufacturers’ apps, connect with roadside assistance, ElectricVehicle travel assistant and much more. Click here to download. “
Despite growing interest, a gap exists between consumer enthusiasm for electricvehicles (EVs) and their actual purchasing decisions, according to new research released today by Cox Automotive. Future EV Readiness Gap There is a significant gap in readiness between consumers and dealers in terms of embracing electricvehicles.
Experts mentioned two specific challenges for the electric-vehicle space, including: —MSRP reductions: Significant price cuts in new BEVs, particularly by Tesla, affected used BEV market values. The complete 2024 Vehicle Depreciation Report can be downloaded via this website.
The Cars Commerce report showed supply is down from 2023 for all price ranges from $20,000 up, vehicles that average less than 4 years old. Vehicles listed for $30,000 or more on Cars.com — averaging less than 3 years old — are down 15% or more. One segment of the used market that is on the rise is electricvehicles.
A preview of the report can be downloaded here. Highlights from the report include: The 126 multi-dealership transactions in 2023, matched 2021’s record number. Public dealer groups ended the year at a blue sky multiple below the 7.3x Click here to subscribe for the full report.
An increasing minority of dealers, 43%, have a more negative outlook on profits than in 2024, with new electricvehicle (EV) sales having the most adverse influence: 77% expect EVs will negatively impact profitability in 2025. To download the full Kerrigan Dealer Survey report, click here.
Franchised dealers are more positive about the used-vehicle market, with a score of 58. Electric-Vehicle Sales Index Falls for Franchised and Independent Dealers Compared to one year ago, electricvehicle (EV) sales are seen as worse for both franchised and independent dealers, though the change is not statistically significant. .
EV sales sink to record low The majority of dealers said sales of electricvehicles are worse than they’ve been since that category was added to Cox Automotive’s index in Q2 2021. The full results can be downloaded here. The current index fell to a record low 42, down from 48 in the previous quarter and 50 a year ago.
Sentiment about electricvehicle sales fell to a new low in Q2, dropping to 41 when dealers were asked how EV sales compare to a year ago – the fourth consecutive quarterly decline. The full results can be downloaded here. Weak/declining selections are assigned a value of 0.
Dealers are Preparing for an Increase in Electric-Vehicle Service Dealerships in the U.S. are gearing up for a rise in electricvehicle service as EV sales are expected to surpass 1 million units in a year for the first time in 2023, the Cox Automotive study shows.
ElectricVehicle Sentiment Declines as Policy Uncertainty Looms Dealer optimism toward electricvehicle (EV) sales in Q4 was mostly unchanged from Q3 at 43 overall. Download the full results of the Q4 2024 Cox Automotive Dealer Sentiment Index. The total metrics reported have a +/- 3.21% margin of error.
On the other hand, independent dealers scored the current used-vehicle market at 38 – an improvement from last year and last quarter – but still indicating that a majority of independent dealers perceive the used-vehicle market as weak. Download the full results of the Q2 2024 Cox Automotive Dealer Sentiment Index.
ElectricVehicle Sales Index Drops to Record Low When asked how EV sales compare to one year ago, a majority of dealers say they are worse, not better. Download the full results of the Q1 2024 Cox Automotive Dealer Sentiment Index. In both indexes, independent dealers scored lower than franchised dealers. Visit coxautoinc.com.
Electricvehicle prices held steady in January, and incentive spending dropped 3.1% Data tables are available for download. The post Kelley Blue Book Report Shows Average New-Vehicle Prices Fell in January appeared first on AutoSuccessOnline. from December. The two most popular EVs in the U.S., and 6.2%, respectively.
Electricvehicle consideration continues to grow CarGurus learned more shoppers are considering EVs (27% versus 22% in 2022 and 16% in 2021). According to findings, 84% of those that had purchased a gas vehicle are sticking with gas, while 20% of those who purchased an EV, and 25% of those who purchased a hybrid, switched to gas.
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