"On the supply side, we've addressed the (battery) module issues and are on track to produce 300,000 vehicles this year. Our focus remains on building a platform for EVs that aligns with customer expectations. We prioritize avoiding overproduction and potential inventory surplus by not blindly producing without market demand." #AutomotiveIndustry #ElectricVehicles #Justintime #Justincase #supplychain #GM
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EVs and alternative propulsion choices are here! Is your dealership front line ready to pivot to becoming a trusted advocate for all of them for the consumer? Also work closely w/ TED INGS FIXED OPS ROUNDTABLE
Ultra EV (Conservative) Toyota Exec Predicts 30% EV Share By 2030! So What! If auto retail leaders knew that 30% of their prospective car shopper inquiries were going to be questions about EVs, would they be preparing their customer facing folks to be able to answer those inquiries? Well...I can tell you that far too many of those dealers are not prepared. And I'm not just speaking about purchasing the equipment or even the OEM (usually weak) training that accompanies it. And it's not just me saying this...OEM aftermarket research expert Carlisle & Company, LLC found that... from the Automotive News article below... ...only about one-third of advisers say they know enough about EVs to handle customers' technical questions. https://lnkd.in/gwuifaN3 Is your customer facing, front line staff prepared to become a trusted advisor for that 30% of your EV car buying prospects? BEVEverything, EV Consulting can help! John Ellis Durran Cage Andrew Zabielinski John Fitzpatrick Peter Barba Pete Petersen Zygimantas Zabieta Camila Notaro Lectrium Paige Goodwin
Toyota's Ted Ogawa: Better to buy credits than ‘waste' EV investment
autonews.com
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These are tough times for EVs, with manufacturers including GM and Ford hitting the brakes on expansion plans following disappointing sales. The long-term trend is still towards electrification. But manufacturers need to do more to bring down costs. Read more on the latest edition of Ed Crooks' Energy Pulse 👇 #EnergyPulse
Bumps in the road for EVs | Wood Mackenzie
woodmac.com
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At a time when the growth in #EV production and sales has somewhat slowed down in the US, this measure will further disincentivize the push to make more EVs.
White House softens EV mileage rule in a win for automakers
reuters.com
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These are tough times for EVs, with manufacturers including GM and Ford hitting the brakes on expansion plans following disappointing sales. The long-term trend is still towards electrification. But manufacturers need to do more to bring down costs. Read more on the latest edition of Ed Crooks' Energy Pulse 👇
Bumps in the road for EVs | Wood Mackenzie
woodmac.com
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These are tough times for EVs, with manufacturers including GM and Ford hitting the brakes on expansion plans following disappointing sales. The long-term trend is still towards electrification. But manufacturers need to do more to bring down costs. Read more on the latest edition of Ed Crooks' Energy Pulse 👇
Bumps in the road for EVs | Wood Mackenzie
woodmac.com
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Cuts of F-150 EV Production Ford is reducing the planned number of F-150 Lightning EV trucks by half from next year. According to reports, EV demand this year surprised carmakers unpleasantly as it turned out to be slower than they expected. Some carmakers offered discounts to entice people to buy an EV but even these plus government subsidies were not enough to liven demand to the expected levels. As per reports, GM expecting substantial cost cuts in EV production next year as it focuses on higher-profit models. Ford, for its part, essentially canceled some $12 billion in EV investments, including shrinking the spend on a $3.5-billion battery plant it planned to build in Michigan. Source: https://lnkd.in/evyPe3qf
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Helping the Energy Majors navigate, embrace and profit from the global E n e r g y ⚡️ T r a n s i t i o n
These are tough times for EVs, with manufacturers including GM and Ford hitting the brakes on expansion plans following disappointing sales. The long-term trend is still towards electrification. But manufacturers need to do more to bring down costs. Read more on the latest edition of Ed Crooks' Energy Pulse 👇
Bumps in the road for EVs | Wood Mackenzie
woodmac.com
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These are tough times for EVs, with manufacturers including GM and Ford hitting the brakes on expansion plans following disappointing sales. The long-term trend is still towards electrification. But manufacturers need to do more to bring down costs. Read more on the latest edition of Ed Crooks' Energy Pulse 👇
Bumps in the road for EVs | Wood Mackenzie
woodmac.com
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These are tough times for EVs, with manufacturers including GM and Ford hitting the brakes on expansion plans following disappointing sales. The long-term trend is still towards electrification. But manufacturers need to do more to bring down costs. Read more on the latest edition of Ed Crooks' Energy Pulse 👇
Bumps in the road for EVs | Wood Mackenzie
woodmac.com
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