Polestar Launches Flexible Lease Program
Swedish electric car maker Polestar has launched a flexible lease to keep customers and reservation holders from defecting as it faces delays in bringing a volume crossover to market.
Chairman’s Blog: Mike’s Message Holiday Season Brings Joy, Optimism
AIADA Chairman Mike DeSilva is back with another blog post. Every year at this time, as the Holiday season comes around, one of my favorite movies, National Lampoon’s Christmas Vacation seems to be on a constant loop on TV.
White House Details Term That Could Slash Eligibility for EV Tax Credits
The Biden administration on Friday issued vital guidance for automakers on how strictly it will enforce a provision that blocks consumer tax credits for electric vehicles that contain battery materials from foreign adversaries such as China.
Our Next Energy Develops EV Battery with 608-Mile Range for BMW iX
Lithium iron phosphate battery supplier Our Next Energy says its dual-chemistry battery has reached 608 miles of range on a single charge in the electric BMW iX. The battery was assessed through the Worldwide Harmonized Light Vehicles Test Procedure, the European standard for determining EV range.
Lexus, Toyota to Adopt Tesla Production Method for Next EVs
Toyota Motor Corp. has tapped premium brand Lexus to lead the company's shift toward using gigacasting for large aluminum parts. According to Automotive News, the production method pioneered by electric vehicle leader Tesla Inc. is being adopted by automakers such as Volvo — starting in 2025 for its next-generation EVs — as well as Ford and Hyundai.
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