#EVs

Today we covered Tesla's back-and-forth on whether it will or won't build an affordable EV.

Last month, I was chatting with Dave Thomas from CDK Global on the TTAC podcast. We were discussing electric vehicles, and Dave suggested that for many EV buyers, range isn’t that much of an issue.

Following a nine-week hold on F-150 Lightning allocations to dealers, Ford has announced it will be resuming shipments. Meanwhile, Tesla reportedly delayed Cybertruck deliveries. The rumor is that it needed to address some quality concerns. But the reasons assumed vary and the company hasn’t said anything about the issue, and likely won’t since it disbanded its PR department years ago. However, this may not be the victory for Blue Oval that it appears.

This week we sit down with Cody Stolle, research assistant professor at the University of Nebraska Lincoln and the assistant director at the Midwest Roadside Safety Facility, to discuss a lesser-known problem with EVs and road safety.

Despite previously having vowed to offer an entirely electric lineup by 2030, Aston Martin has decided to continue selling internal-combustion vehicles beyond the next decade. Company chairman Lawrence Stroll now believes that there will always be demand for combustion engines. Apparently, customers had conveyed to Aston dealers that they still prefer traditional powertrains and want the sensations associated with gasoline-powered automobiles.

The State of New Mexico has denied a petition put forward by automotive dealers to ease off on planned electric vehicle mandates. The groups had claimed that forcing electrification would hamper commerce by encouraging residents to purchase more vehicles from neighboring territories and were limiting residents freedom of choice. However, a governor-appointed state Environmental Improvement Board reportedly voted to deny the challenges late last week.

Lotus has reported a net loss of £594 million (about $751 million USD) for 2023. However the company actually had a good sales year, moving 6,970 vehicles in a twelve-month period. Lotus noted that sales ramped up in the final quarter of 2023, with the company seeing a 110-percent increase after the launch of the Lotus Eletre SUV. Though getting that vehicle, and other upcoming electric models, into production are one of the primary reasons for its crash burn.

A new study is claiming that automakers lose an average of $6,000 for every $50,000 electric vehicle they sell. Boston Consulting Group, an American-based global management consulting firm that issued the report, said the figure accounts for customer tax credits — painting a rather bleak picture for the future of EVs.

Stellantis has agreed to adhere to California emission policies, including requirements to make two-thirds of new cars to zero-emission or electric by 2030. This means the automaker — which oversees Dodge, Chrysler, Jeep, Ram, Fiat, Maserati, Alfa Romeo, and several brands that are not sold in the United States — will be required to cut emissions through the 2026 model year and adhere to California’s requirement to have a majority electrified fleet within the next several years. There are also provisions for the company to spend millions of dollars on charging stations and community outreach programs designed to encourage EV sales.

Lithium Americas has broken ground on its Thacker Pass mining operations, potentially opening the door to what some are calling the largest lithium deposit in the entire world. However, it’s estimated to be another three years before refinement takes place and the materials can be adapted for use in battery powered products — including all-electric vehicles.

Honda’s partnership with General Motors yielded the Prologue EV and Acura ZDX, and the Japanese automaker is now looking to team up with Nissan to do more of the same. The pair announced their fresh collaboration at a news conference earlier today.

Last week we were discussing electric vehicles with BJ Birtwell, who likely would consider himself and EV evangelist, and Alex Knizek from Consumer Reports, who noted that seven of this year's top 10 vehicles were electrified.

This week we dig deeper into what is happening with the EV market.

I've been in the automotive media since late in 2007, and over the course of all that time, I've seen EV-focused startups come and go. Some went and came back, even.

Today's Dodge Charger launch is going to drive a lot of conversations.

Including this question of the day.

Muscle cars are going electric.

Well, maybe not across the board. The internal-combustion engine Mustang seems safe, at least in the short term. That said, there will be at least one muscle-car EV on the market soon: The 2024 Dodge Charger.