Electric Vehicles

Electric Vehicles (28)

North America’s largest e-mobility event is set to launch this fall with three events held in Southern California, Florida and Texas.

The massive outdoor Electrify Expo promises a one-stop shop for people looking to experience electric vehicles and new product debuts from exhibitors including BMW, Mercedes, Volvo, Polestar, Bosch, Super 73, Onyx Motorbikes, Evolve Skateboards and many more.

“Electrify Expo brings together the world’s leading e-mobility brands for consumers to experience interactive displays, test drives and product debuts, in a fun family atmosphere,” said Electrify Expo founder BJ Birtwell.

Lordstown Motors will unveil its new burley pick-up truck.  

An EV ride-and-drive area makes up the heart of the show and attendees are invited to experience the whole range of e-mobility products including EVs, e-motorcycles, e-bikes, e-scooters, and e-skateboards.

Each of the three weekend events promise a festival atmosphere with over more than 500,000 square feet of exhibition space, along with food trucks and music for the whole family to enjoy.

Tickets are on sale now for the three 2021 events, with the tour starting in the EV industry’s Southern California home of Irvine, Sept. 18-19. Electrify Expo hits Miami, Oct. 16-17 and Austin, Nov. 12-14. 

Stellantis is making the jump into an all-electric future. Not to be left behind by GM, Ford, VW,  and other automakers, Stellantis CEO Carlos Tavares announced the auto company is accelerating its EV strategy. The plan includes spending more than $35 billion over the next five years to meet the goal of electrifying 98% of Stellantis’ new models, across the company's 14 brands, by 2025. All 14 brands are turning their attention to EVs, including the company's American bread and butter brands Jeep, Ram, and Dodge.

Stellantis has plans to launch 55 electrified vehicles in the U.S and the E.U by 2025. The company expects by 2030 that its EV and hybrid lineup will account for around 40% of sales in North America and 70% in the E.U.

Four EV platforms have been developed, the STLA Small, STLA Medium, STLA Large and the STLA Frame. The platforms will ensure that all vehicle types, sizes, and shapes, will be offered as EVs, from the popular Fiat models to off-road super sellers like the Jeep brand and Ram trucks, all the way down to commercial vans.

The automaker unveiled new taglines for some of its brands. Chrysler’s new tagline is “clean technology for a new generation of families" and Maserati’s is ”the best in performance luxury-electrified." Fiat will fully phase out gas-powered cars. All future Abarth vehicles will be electric starting in 2024. Fiat will be an EV-only brand by 2030 and the Opel brand will be fully electric by 2024. 

Stellantis said most of the new EVs will be fully electric, but some hybrid models will remain. 

The White House used the Chevrolet Bolt EV in a video to show President Biden’s commitment to converting the federal fleet to all-electric. The video features Secretary of Energy Jennifer Granholm and White House Climate Adviser Gina McCarthy riding in a Chevy Bolt, talking about the benefits of EVs, the president's Bipartisan Infrastructure Framework plan and building up America’s EV infrastructure. There are 122 Chevy Bolts in the fleet that are leased by the General Services Administration. 

GM executives were taken by surprise by the Bolt’s starring role in the WH video. Pleasantly surprised! GM will be happy to hear the video got around 850,000 views over the holiday weekend. 

Watch The Video Below:

Tesla Model 3 tops the Cars.com 2021 American-Made Index, an annual list that ranks the new vehicles that contribute most to the U.S. economy based on criteria ranging from U.S. factory jobs and manufacturing plants to parts sourcing. This is the first time Tesla has topped the list, and also the first time an all-electric vehicle has come in at No. 1.

“Tesla has now cemented itself firmly on Cars.com’s American Made-Index, with the Model 3 and the Model Y taking the No. 1 and No. 3 spots, respectively,” said Kelsey Mays, Cars.com assistant managing editor. “The 2021 AMI arrives against a backdrop of scarce inventory amid a microchip shortage and heightened consumer demand. Despite this, there remains a high consumer focus on buying American-made vehicles as the economy is still emerging from the effects of the pandemic.”

 

Top 10 on the 2021 Cars.com American-Made Index

Rank

Make/Model

U.S. Assembly Location

1.

Tesla Model 3

Fremont, Calif.

2.

Ford Mustang

Flat Rock, Mich.

3.

Tesla Model Y

Fremont, Calif.

4.

Jeep Cherokee

Belvidere, Ill.

5.

Chevrolet Corvette

Bowling Green, Ky.

6.

Honda Ridgeline

Lincoln, Ala.

7.

Honda Odyssey

Lincoln, Ala

8.

Honda Pilot

Lincoln, Ala.

9.

Honda Passport

Lincoln, Ala.

10.

Toyota Tundra

San Antonio

 

Tesla tops the list in just its second year of participation; in 2020, three of the automaker’s models made the AMI top 10. Marking its first AMI top 10 appearance is the Michigan-built Ford Mustang, and Stellantis’ Jeep Cherokee, assembled in northern Illinois, is in the top five once again. Additionally, four Honda nameplates are in the top 10, all built in Alabama.

Out of 344 models on the market for 2021, a total of 90 models qualified for this year’s AMI. GM led the way with 19 cars on the index, followed by Honda (13), Toyota (12), and Ford (11). As it relates to body style, nearly 50% of the vehicles are SUVs, followed by sedans and/or hatchbacks models (28%) and pickup trucks (17%).

According to new research from Cars.com, 72% of shoppers consider a car’s U.S. economic impact a significant or deciding factor in their vehicle purchase.

The Ford Motor Company has amped up its drive into the EV market with Wednesday's announcement that its luxury Lincoln brand would go fully electric by 2030. 
 
Ford is calling the move to electric the auto manufacturer's next chapter and is expecting nearly half of its global volume will be all-electric vehicles around 2025. Ford's Lincoln brand jumps in with a new “elegant” EV SUV, being released in 2022. 
 
The new Lincoln will share styling aspects with Ford’s concept sedan for the Chinese market, the Zephyr Reflection, and will feature the next stage in the brand's "Quiet Flight" design language. Ford is targeting a driving range in the vicinity of 300 miles, off-road ability, and performance inspired by the Ford Mustang. This new electric Lincoln will ride on a new battery architecture that can accommodate both rear- and all-wheel-drive. The SUV will feature Lincoln Active Glide, a semi-autonomous driving mode with hands-free capability. 
 
In April 2020, Lincoln announced the cancellation of its joint venture with the Plymouth, Mich.-based EV producer Rivian to build an SUV called the Mach-E,  due to the pandemic. Lincoln is subsequently using Ford’s Mustang EV platform to build the Lincoln EV SUV. 

Zero Motorcycles, maker of electric motorcycles and powertrains, is bringing back its most successful incentive program.

Cash for Carbon increases the trade-in value offered of internal combustion engine motorcycles toward the purchase of a new 2020 or 2021 SR/F or SR/S at participating Zero Motorcycles dealers. From now until July 6, buyers who bring in a gas bike as trade-in toward the purchase of a new Zero will be given an additional $1,500 credit on top of the trade-in value assessed by the participating dealer on a given motorcycle.

When a rider takes advantage of this opportunity, he or she will also still be eligible for the 10% Federal Tax Credit available for all Zero’s electric motorcycles, plus any available state or local tax incentives, creating up to $4,000 or more in value on the purchase of a new model.

“The current state of uncertainty over gas prices has spiked the appetite for electric motorcycles more than ever before,” said Mike Cunningham, Zero Motorcycles vice president of sales in the Americas. “This trend has been intensifying the existing popularity of Powersports in general and makes now the perfect time to reintroduce the Cash for Carbon program.”

Hitting U.S roads this summer is a new truck built by Rivian, a Michigan-based start-up. The all-electric R1T hopes to disrupt the pickup-truck market and it just might succeed. 

Trucks have captivated American hearts and traversed America’s roads for almost a century, dominating the U.S. auto market for the past 40 years. Ford’s F-150 ranks as the most popular vehicle of all time, topping the best-selling vehicle category for 39 years and the best-selling pickup truck for 43 years. With three out of every five autos sold in the U.S. being a pickup truck, Rivian is making waves in the auto and financial worlds with its focus on a fully electric pickup truck. 

The R1T is a reimagining of this American favorite: a pickup for the future, here today. Rivian’s decision to target this market makes a lot of sense and the R1T will be the first EV pickup truck to make it to market. A number of automakers are fast on the R1T's heels with 2021 releases: the Bollinger B2, the Lordstown Endurance and Tesla’s cybertruck. Two of the most popular gas-powered pickups will follow in 2022 with the Chevrolet Silverado EV and the classic #1 Ford F-150 is getting fully electrified (F-150 Lighting) . 

Still, the R1T stands to blow the competition away with a “700 horsepower,” lightning-quick acceleration that does a 3.2-second zero-to-60 and will sport the farthest battery range available. Rivian states it will have a range of more than 400 miles. Beating out the current frontrunner, the Tesla Model S 100D, with a battery range of 335 miles. Rivian claims that the R1T can get an 80 percent charge in just 15 minutes when using a DC fast charger and a full charge in eight hours using a Level 2 connection. All-wheel drive is standard on the 2021 R1T and each axle is powered by its own electric motor, allowing the truck to do a “tank turn." Adjustable air suspension comes standard and can change the clearance height from 8 to 14 inches. 

The foundation of the R1T is the skateboard platform, which packages the battery pack, drive units, suspension, braking and thermal system all below the height of the wheel, leaving the space above for occupants and their gear. (photo credit © 2020 Jeff Johnson)

 

There are 3 versions of the R1T and each version has a maximum payload of 1,764 pounds, very close to the payload of the new Ford Ranger. More impressive is the R1T's towing capacity. Rivian says that every R1T is able to tow 11,000 pounds, only a couple thousand pounds less than the Ford F-150's capacity. Towing will affect the R1T's range, but Rivian hasn't said by how much. Rivian's website states their vehicles can traverse the hottest and coldest places on earth— from 130F to -25F.  

The special launch edition begins delivery in June for preorder holders and is marked with a special interior badging and offers an exclusive launch green color. The limited edition comes equipped with the adventure package, which includes an off-road upgrade for maximum capability, plus added features like a powered tonneau cover and a gear guard remote monitoring system. 

Hot on the heels of the R1T, the company will roll out its 2nd production vehicle, the RS1, early in Jan 2022. The seven-passenger SUV takes aim at the Tesla Model X, which is the only other three-row all-electric SUV on the market. The R1S will be cheaper than the Tesla's Model X and shares its battery packs, powertrains, much of its styling, and many of its specs with the R1T.

The R1T and the R1S come with three battery sizes to choose from, 105.0-kWh, 135.0-kWh, and 180.0-kWh, the largest of which Rivian claims has a 410-mile range. Both vehicles have semi-autonomous capabilities and are designed for off-road use and normal usage.

Rivian's camp kitchen slides out from the R1T's gear tunnel and is powered by the vehicle battery. (photo credit @ Rivian)

 

The company was founded in 2009 by CEO RJ Scaringe. A graduate of MIT, Scaringe started Riven to develop products, vehicles and services with a focus on sustainable transportation, and investors have taken notice. Amazon signed a contract with Rivian to build the company's EV fleet, with delivery of 10,000 Rivian vans by 2022 and 100,000 by 2030.

Rivian has raised $8 billion in corporate funding since the beginning of 2019 including major players in the auto and tech industries. Amazon (NASDAQ: AMZN) jumped into Rivian’s first round of funding with $700 million in February 2019 followed by a Ford infusion of $500 million (NYSE: F)in April 2019. The company's 2nd round of corporate funding began in Sept of 2019 with $350 million from Cox Automotive. 

By July 2020 Rivian had raised $2.5 billion from 7 investors followed by another $2.7 billion from 8 investors in January 2021. Both investment groups were led by T. Rowe Price (NASDAQ: TROW) and included Blackrock (NYSE: BLK), Ford (NYSE:F), Soros Fund Management LLC., Fidelity Management and Research Company and Coatue Management LLC. 

“This is a critical year for us as we are launching the R1T, the R1S and the Amazon commercial delivery vehicles. The support and confidence of our investors enables us to remain focused on these launches while simultaneously scaling our business for our next stage of growth,” said Scaringe.

According to Bloomberg News, it is rumored Rivian plans an IPO sometime after September 2021 or maybe early 2022. Though Rivian has not made a public announcement about its IPO timeline, experts are predicting the company will have an initial valuation of around $50 billion, $3 billion more than one of its largest investors, the Ford Motor Co (NYSE: F). Rivian has often been compared to Tesla (NYSE: TSLA) whose initial public offering IPO price was $17 per share in 2010. Today 11 years later Tesla trades at $586.78 per share on the NASDAQ. Anyone who buys shares in Rivian’s IPO in the first few days of trading may see significant gains over the following decade. 

From highway driving to dunes and rocky hills, Rivian's RT1 electric truck handles it all. (photo credit @ Rivian)

 

Rivian didn't just settle on reinventing the pickup truck either, they are rethinking vehicle point of purchase and care over the life of the vehicle. Both models are bought online with all options added during preorder coupled with a $1,000 down payment. Each owner is paired with a Rivian guide beginning at preorder and throughout the life of the vehicle the guide will take care of any questions owners have. Once the model is rolled off the production line built to the specific specs of the new owner, it is shipped to its new home.

Buyers pick the vehicle package and battery size as well as off road upgrades, wheels and color.  Rivian’s got some interesting colors beyond the popular, black, whites and grays with Rivian blue, red canyon and compass yellow.

Through remote diagnostics, that lets you know when your Rivian needs servicing, and a large fleet of mobile service vans staffed with Rivian technicians, a network of service centers and a flexible loaner program the company is creating a flow where customers will be cared for from cradle to grave with their vehicles. 

 The Rivian R1T truck will be available at the following release dates at these prices:

  • A $75,000 Launch edition starts deliveries in June 2021 for the U.S. and CA.    
  • A $75,000 Adventure edition will hit roads in January 2022.
  • A $67,500 Explore edition will also reach customers in January 2022.

The company currently has several manufacturing locations that include Plymouth, Michigan; Palo Alto, California; and Normal, Illinois.

 

Ford announced its entry into the EV truck market this month with the F-150 Lightning, which it bills as “the smartest, most innovative truck” it has built.

“From near instant torque to intelligent towing, seamless connectivity to software updates, plus power for your home, a power frunk and a digital screen that’s larger than any currently offered on a full-size truck – the F-150 Lightning is a driving and ownership experience unlike any other,” the company stated in its press release.

F-150 Lightning will roll off the line next year at a new high-tech factory using sustainable manufacturing practices at Ford’s storied Rouge complex in Dearborn just outside Detroit.
“For both Ford and the American auto industry, F-150 Lightning represents a defining moment as we progress toward a zero-emissions, digitally connected future,” said Bill Ford, executive chair, Ford Motor Company.

F-150's Mega Power Frunk combined with exportable power is a dynamic duo.

“F-Series is America’s best-selling truck for 44 years, the backbone of work across the country, and a trusted icon for generations of customers. Now we are revolutionizing it for a new generation.”
F-150 Lightning is a pillar of the company’s more than $22 billion global electric vehicle plan to lead electrification in areas of strength. Ford is starting with zero-emissions versions of its most popular and best-loved franchises – Mustang, Transit and F-150 – with much more to come in the years ahead.

The Lightning’s price on par with today’s similarly configured F-150 trucks. Ford will deploy standard over-the-air software updates – called Ford Power-Up – to improve the technology experience, add new features and fix issues without trips to the dealership.

The commercial-oriented entry model starts at $39,974 MSRP3 before any federal or state tax credits, while the mid-series XLT model starts at $52,974 MSRP, offering additional comfort and technology.F-150 Lightning targets 563 horsepower, 775 lb.-ft. of near instantaneous torque4 – more than any F-150 ever – and a 0-60 mph time in the mid-4-second range when equipped with an extended-range battery, based on typical industry methodology. F-150 Lightning targets a maximum 2,000 pounds of payload in the standard-range model with 18-inch wheels, and a maximum 10,000 pounds of available towing capacity on XLT and Lariat trucks with the extended-range battery and Max Trailer Tow Package.

“The F-150 Lightning is a massive moment for our Ford team. America’s No. 1 auto brand is going zero emissions with America’s favorite vehicle,” said Ford President and CEO Jim Farley. “It’s quicker than a Raptor, with standard 4x4 and independent rear suspension; a power frunk, enough juice to run your house for three days or power an awesome tailgate; and it will forever improve with over-the-air updates.

”It will be built at the Rouge factory, where Henry Ford changed the world and my grandfather punched in every day. F-150 Lightning represents all that our country can do when we push for progress.”

Consumer shopping for electrified and fuel-cell vehicles, including hybrids, plug-in hybrids and pure electric vehicles, hit new heights in the first quarter of 2021 according to a new report from Kelley Blue Book. In addition, a record percentage of shoppers considered an SUV, while shopping for traditional cars steadied and pickup trucks declined among in-market new-car shoppers. Details of these findings, brand and model rankings, and much more are featured in the recently published Kelley Blue Book Q1 2021 Brand Watch report for non-luxury vehicles.

The Kelley Blue Book Brand Watch report is a consumer perception survey that also weaves in consumer shopping behavior to determine how a brand or model stacks up with its segment competitors on a dozen factors key to a consumer's buying decision. Kelley Blue Book produces a separate Brand Watch report for non-luxury and luxury brands each quarter.

“As automakers introduce more electrified vehicles in their vehicle line-up, we are seeing shopping consideration increase and ultimately sales follow,” said Vanessa Ton, senior industry intelligence manager for Kelley Blue Book. “At the same time, SUVs continue to dominate the new-vehicle marketplace. Shoppers are enticed by their comfort, safety and practical utility, and automakers are responding to increased demand by producing more and more new SUV nameplates of various sizes to meet consumer needs and desires. SUV-dominated brands like Subaru are riding the wave of SUV success, and this trend shows no signs of slowing down.”

Toyota's RAV4 Hybrid remains in the top spot for sales

KBB reports 19% of all shoppers are considering an electrified vehicle. Hybrid models from Japanese brands – specifically Toyota and Honda – comprised the majority of the Top 10 most-shopped electrified vehicles list, with the Toyota RAV4 hybrid at No. 1. Q1 2021 sales of electrified vehicles grew 81% year-over-year, hitting 300,000 units for the first time.

Meanwhile, SUVs were the overall big winner for Q1 2021, including a new milestone featuring a record 67% of all shoppers considering an SUV, according to KBB. Japanese brands dominated SUV shopping, with the Honda CR-V retaining its title of most-shopped SUV and making a healthy 9% gain in consideration.

While SUVs soared, consumer consideration for traditional cars stopped freefalling, holding steady for now and being led by stalwart midsize cars like the No. 1 Honda Accord, KBB reported. Exactly a third of consumers considering a non-luxury vehicle considered a car in Q1 2021, up from 31% in Q4 2020 but well off the 37% seen one year ago in Q1 2020.

At the same time, shopping for pickup trucks has taken a breather after hitting a record high of 37% consideration in 2020, KBB reported. In Q1 2021, only 29% of all non-luxury shoppers considered a pickup truck, the lowest level since Q4 2019. The ongoing global computer chip shortage that prompted production cuts particularly affected pickups in Q1 2021, so low supply may have scared off prospective truck shoppers.

Harley-Davidson announces the launch of LiveWire as an all-electric motorcycle brand.

“LiveWire will pioneer the future of motorcycling, for the pursuit of urban adventure and beyond. LiveWire also plans to innovate and develop technology that will be applicable to Harley-Davidson electric motorcycles in the future,” said Jochen Zeitz, chairman, president and CEO of Harley-Davidson.

The first LiveWire branded motorcycle is scheduled to launch on July 8 and to premiere at the International Motorcycle Show on July 9.

LiveWire will work with participating dealers from the Harley-Davidson network as an independent brand. An innovative go-to-market model will blend digital and physical retail formats, tailoring the experience to the local market and allowing customers to discover LiveWire on their own terms.

LiveWire will be headquartered virtually, with initial hubs in Silicon Valley, Calf., and Milwaukee, Wis.

Page 1 of 2