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Rivian to Receive $6.6B Conditional Loan from US DOE

Tomorrow's Technician

Department of Energy’s Advanced Technology Vehicle Manufacturing (ATVM) loan program for a loan of up to $6.6 billion (including $6 billion of principal and approximately $600 million of capitalized interest) to accelerate its growth and leadership of electric vehicle design, development and manufacturing in the United States.

Finance 130
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Electric Vehicles in the Used Car Market: How Car Dealers Are Adapting

Auto Service World

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles.

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Electric Vehicles in the Used Car Market: How Car Dealers Are Adapting

Auto Service World

The automotive industry is undergoing a generational transformation with the continued use of electric vehicles (EVs). As more consumers embrace the benefits of EVs, the used car market is also seeing an influx of these eco-friendly vehicles.

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Canada bucks global trends as ZEV sales grow

Auto Service World

According to Stats Can, The majority of these registrations were battery-electric vehicles (BEVs), which made up 73.8 According to Stats Can, The majority of these registrations were battery-electric vehicles (BEVs), which made up 73.8 Plug-in hybrid electric vehicles (PHEVs) accounted for the remaining 26.2

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Commentary: Scaling for the Future

Auto Service World

Identify the range of services your business will offer, such as general repairs, diagnostics, or specialty services like electric vehicle maintenance, and consider how these services might expand in the future. Develop a business plan A solid business plan is the cornerstone of a successful auto service business.

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Car buyer satisfaction reaches record highs

Auto Service World

The study highlighted the growing satisfaction among electric vehicle (EV) buyers, who are leading the way in satisfaction during the car-buying process. “It is a common misconception that most vehicle buyers today want a completely online car-buying process,” Helms said. That’s the key to higher satisfaction.”

Car 130
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Are You Considering Automotive Sales Training? Here’s How Dealerships Can Survive Economic Change

Automotive Training Centre

From the rise of electric vehicles to the integration of artificial intelligence into vehicles, the landscape is evolving at an unprecedented pace. Interest rates have reached their highest levels in years, increasing costs for consumers seeking financing for vehicle purchases.