Remove Electricity Remove Finance Remove IT
article thumbnail

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. 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
article thumbnail

Pros and Cons of Going Electric

RepairSmith

Why Consider Electric Cars? Pros Explained Electric cars have become a hot topic in the automotive world. By considering the pros and cons of electric cars, you can make an informed decision about whether they are right for you. How Do Electric Cars Benefit the Environment? Electricity is generally cheaper than gasoline.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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 per cent (BEVs: 9.9

article thumbnail

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. For instance, prepare for the growing demand for electric vehicle maintenance and advanced driver-assistance systems calibration.

article thumbnail

Scania Launches New Battery-Electric Bus Platform

Tomorrow's Technician

The new Scania battery-electric bus platform , one part of the company’s complete e-mobility solutions covering vehicles, services, and systems makes its debut at Busworld on Oct. Scania adds its committed electrification journey started with field tests of hybrid electric buses as early as 2007.

article thumbnail

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. These tools provide clarity on inventory, financing options, and add-ons like charging equipment or related F&I products, making complex components of the EV purchase more accessible.

Car 130
article thumbnail

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). This article explores how car dealers are adapting to the growing presence of certified electric vehicles (EVs) in the used car market and what this means for consumers.