Industry Voices
Nissan Aims for EV Price Reductions, Countering BYD's Dominance
Nissan aims to produce cost-effective lithium iron phosphate (LFP) batteries to cut electric vehicle (EV) prices and compete with BYD. Despite BYD's lead in EV sales, Nissan plans to introduce LFP batteries into its EVs by 2026, forging partnerships to advance the technology.
By Dabbie Davis
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Mercedes-Benz Exposes Source Code in Accidental Password Publication Incident
Mercedes-Benz inadvertently exposed its source code due to a password mishap, potentially risking sensitive internal data. The company promptly responded by revoking access and prioritizing security.
By Dabbie Davis
Subaru Issues Correction on $7,500 EV Tax Credit for 2024 Solterra Buyers
Subaru's recent news release has stirred controversy as it erroneously claimed that some 2024 Solterra owners would be eligible for the $7,500 EV tax credit, only to later clarify that manufacturing location rendered them ineligible.Surprisingly, despite these enhancements, Subaru maintains the same starting price of $46,340, inclusive of a $1,345 destination charge. Furthermore, the fine print reveals that the tax credit is accessible for lessees through Subaru Motors Finance, offering a potential workaround for interested parties.
By Dabbie Davis
Audi Secures Trademark Rights Victory for Iconic Four-Ring Badge in EU Court
In a recent victory at the European Court of Justice (ECJ), German automaker Audi secures exclusive rights to its iconic four-ring badge, prevailing over Polish car parts trader GQ. Audi can now prohibit the use of similar signs on replacement components, as the court affirmed. This decision followed a dispute where GQ questioned the emblem's usage and Audi's authority. The ECJ ruled that Audi's trademark rights were valid, citing the logo's marketing function.
By Dabbie Davis
Stellantis Continues Advancing STLA SmartCockpit with Acquistion of CloudMade's AI Technology
Stellantis is making significant strides in its commitment to the Dare Forward 2030 initiative by acquiring CloudMade's artificial intelligence (AI) technology platform. This includes machine learning models, patents, and intellectual property rights. Stellantis plans to integrate CloudMade's AI technology into their STLA SmartCockpit, aiming to revolutionize the driving experience, emphasizing simplicity and advanced technology.
By Dabbie Davis
Global EV Market Faces Expected Downturn, Says Battery Producer LG
the South Korean battery manufacturer expects a temporary EV industry slowdown in the upcoming year, citing factors like conservative OEM inventory practices and metal price declines. LGES, a key supplier to Tesla, General Motors, and Volkswagen, reported a notable operating profit increase in the last quarter.
By Dabbie Davis
GM, Honda Partnership Ventures on Hydrogen Fuel Cell Production in North America
General Motors and Honda have initiated the production of hydrogen fuel cells at a Michigan facility, a part of their joint venture focused on providing zero-emission solutions alongside battery-electric vehicles. The production, based on a 50-50 partnership within a suburban Detroit facility, is seen as a potential alternative to diesel fuel for heavy-duty trucks, generators, and more.
By Dabbie Davis
2023-2024 VW ID.4 Models Qualify for Full $7,500 Tax Credit, Reports Say
The 2023MY and 2024MY Volkswagen ID.4 models now qualify for the full $7,500 federal EV tax credit in the United States. Volkswagen is the first foreign automaker to meet stringent battery supply regulations, thanks to SK On batteries in most 2023 models.
By Dabbie Davis
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