Connected cars will make it easier for OEMs to sell coverage than it has been in the past — In August this year, the Financial Times published a breakdown — attributed to Morgan Stanley analyst Adam Jonas — of Tesla’s then share price of $900. The question he was trying to answer was how much each of the EV maker’s business lines contributed to its share value. In that…

The segment’s success will determine how fast we will switch to electrification — The story of the modern electric vehicle starts at the bottom, not the top. When the first pure battery cars rolled out a decade ago, the aim was to mass market them, make them affordable for everyone. The early cohort — Nissan Leaf, Mitsubishi iMiev, Ford Focus Electric — wanted…

Chinese company Kandi Technologies is now selling the cheapest electric car you can find in the US — If you searched for the most affordable electric vehicles today, you’d be hard-pressed to find anything that costs less than $30,000. The cheapest mainstream model I have seen so far is the 2022 Nissan Leaf S, which clocks in at $27,400. Most others such as the entry-level Hyundai Ioniq and…

Business Drive’s Weekly Picks of Mobility Stuff You Need to Know — 1. Lucid Motors First Past the 500-Mile Post It takes a special kind of chutzpah to stick it to Elon Musk. Looks like Lucid is up to the task. Last week, the California-based electric vehicle (EV) company’s Air Dream Edition became the longest range battery car in the industry, beating out long-standing winner — the Tesla Model S…

Business Drive’s Weekly Picks of Mobility Stuff You Need to Know — 1. Hyundai Joins Hydrogen Fuel Cell Race Elon Musk once famously called hydrogen tech “mind-bogglingly stupid.” Of course, the Tesla chief has his own interests behind vilifying fuel cell vehicles but there is little doubt that the ROI and feasibility of the technology remain shaky. But that’s not stopping auto brands from throwing their weight behind hydrogen.

But does the business model have a long-term future? — ‘There’s something happening here / But what it is ain’t exactly clear’ — Buffalo Springfield Much has been written about the current pandemic’s impact on the travel and transportation industry. From automakers to dealerships to vehicle rental companies, everyone has felt the squeeze in the form of supply chain disruptions…

Those who are clamouring for more ambitious mandates are ignoring the complexity of switching from gas to electrics — Thursday, August 5, was a big day for electric vehicles in America. Speaking from the White House alongside executives from the Detroit Three, U.S. President Joe Biden signed an executive order that sets a legally non-biding target of 50% share of EVs for new vehicle sales by 2030.

Pay-as-you-go features will supercharge revenue per vehicle — I went through the process of factory ordering a new car recently. Going in, I knew exactly the trim and features I wanted. But, when it came to the advanced driving assistance package, I was on the fence. I didn’t fancy paying an additional $1,000+ for predictive cruise control et…

Ford vs. Tesla vs. Rivian vs. GM … everybody has a different strategy to win over customers —