Auto Supply Blog » EVs

A month ago, on June 25, Volkswagen Group made headlines by announcing a significant investment of $1 billion in Rivian Automotive. The automaker also stated its intention to increase its stake in the EV start-up by an additional $2 billion over the coming years.

In the spring, hot off the heels of the Auto Expo move-in and just after meeting with the fire department and Duke Energy Convention Center management to discuss how we would safely disable EVs for our event, the Wall Street Journal (WSJ) headline “Old battery woe plagues new EVs” caught our eye. The low-voltage battery has a long history in the automotive world. The electric starter...

December 20th, the U.S. Department of the Treasury renewed the "safe harbor" for Section 45W clean vehicle tax credits for commercial vehicle sales in 2024. Companies will still be able to lease qualifying electric vehicles (EVs) in 2024 and pass on to consumers up to $7,500 from the tax credit they receive.

Following an incredible, whirlwind, three-year high fueled by outsized promises and expectations spurred on by a seemingly endless supply of money and government edicts, the EV world finds itself taking four ibuprofen and guzzling a quart of Gatorade as it attempts to recover from its current hangover. The industry has difficulty shaking the cost, range anxiety, and charging time trilogy with potential buyers beyond...

Hertz Global Holdings had announced that it would sell one-third of its electric vehicle (EV) fleet due to limited customer demand and the underestimated cost of maintaining EVs. The company had aimed to make up 25 percent of its vehicle inventory with EVs by the end of this year, but that goal has changed. The move will result in 20,000 used EVs hitting the market...

This past Tuesday, Bloomberg Wire Service broke the news that after nearly a decade, Apple Chief Operating Officer Jeff Williams and Vice President Kevin Lynch announced the company was officially abandoning its quest to dip its toe into the world of auto manufacturing by producing an autonomous, electric vehicle.