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Hyundai introduced its latest electric crossover utility vehicle, the IONIQ 5 EV, with two battery pack options and a multitude of other features with a starting MSRP of $39,700.
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The California company Total Transportation Services Inc. has issued a letter of intent to purchase 100 battery-electric vehicles (BEVs) from electric startup Nikola, whose Nilola Tre BEV is designed for local deliveries up to 350 miles.
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One of the biggest changes to come out of the second year of the COVID-19 pandemic is dealers directly wholesaling from their lots.
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Nearly 50 Toyota and Lexus vehicles for the North American market have been tested at the Toyota Arizona Proving Grounds since it opened in 1993, including the new 2022 Tundra.
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With record-high prices, low incentives, and a higher interest rate, the estimated typical monthly payment increased to a new record high at $687, which was up 20.7% year over year.
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The new combined Executive Leadership Team (ELT) consists of equal representation from each company and strives to set, meet, and exceed high internal expectations despite functioning as two companies as they work through a seamless and strategic corporate structure and transition plan.
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Ford Pro Charging will provide services to aid in implementing electric vehicle charging through consulting on the design and construction of charging sites, providing software and hardware infrastructure to support energy management, and working with local utilities on energy and infrastructure needs.
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Despite constrained inventory, the used-vehicle market has been playing a key role in the automotive industry recovery.
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Schneider Electric will provide the electric vehicle infrastructure design and microgrid resiliency to support the Paccar SuperTruck 3 program for heavy- and medium-duty trucks in the United States and Canada.
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The pricing of 35 million shares at $23 per share gives the company a valuation of about $11.5 billion.
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