Happy Thursday and the first week of August. Did you know that there is NFL Football on tonight? Anyhoo, this week we have news on Ford, Legislation, Stellantis, Mercedes, BMW, Pony.ai, and more.
Make sure to share this newsletter have an amazing day.
EV News
The U.S. Senate plans to expand EV tax credits, resulting in a non-capped $7,500 credit for new vehicles and a $4,000 credit for used vehicles. Great news, right? Well, not completely. There will be caveats. This credit would only be available on cars that are $55,000 or less and trucks that are $80,000 or less.
That’s not all. It’s tied to income as well. If you make over $150,000 as an individual or $300,000 combined, you would not be eligible for this credit. It would be available as an immediate point-of-sale credit though instead of a credit during tax season, so that’s another positive. Some manufacturers are pushing back, such as Rivian. We’ll see where this ends up.
In other EV News
- An electric Corvette sedan? The rumors are flying with this one.
- Ford’s EV sales have jumped 36.6% from August 2021. Industry sales, on average, have decreased by 10.5%. Ford also sold over 60,000 vehicles in July, the first time that has happened this year.
- Gas credit cards are super popular, especially with these gas prices. Now, many credit cards are expanding their gas category to offer EV charging incentives. Hopefully, this will further encourage widespread EV adoption.
- Xcel Energy’s $300 million initiative will expand EV presence by adding 730 high-speed chargers throughout the state of Minnesota.
- The City of Cleveland’s Department of Utilities will install EV charging stations to aid in the transition to an EV-only fleet of vehicles.
- Stellantis overtook Tesla in European EV sales. In the first half of 2022, Stellantis sold 105,413 vehicles, while Tesla sold 78,277. Volkswagen outsold everyone with 116,307 vehicles sold.
EV of the Week
With a quicker top speed than a Porsche Taycan 4S and the option for drift mode, how could we not choose the 2022 Kia EV6 GT this week? This is Kia’s fastest and most powerful model to date. The GT features 21” alloy wheels, allowing for bigger brakes, revised front and rear bumpers, and a tailgate spoiler. The inside has semi-bucket seats and a “GT” mode switch on the steering wheel. I can picture myself now, hitting up the semi-annual Nordstrom sale at the mall and then drifting through the parking lot in excitement before heading home!
- 77.4-kWh battery
- 800-volt system
- 0-62 mph in 3.5 seconds
- 577-horsepower dual motor
- 161 mph top speed
- 545 lb.-ft of torque
- Price TBD
Rebecca @ Mobility EVo
AV Corner
Autonomous vehicles are America’s future in its delivery future for long and middle-mile deliveries. Amongst quick delivery times, AVs should be seriously considered as they will:
- Allow the opportunity to scale supply operations, while facing driver shortages and rising labor costs.
- solve the urban-middle mile use cases as the supply chain becomes increasingly complex
- meet consumer expectations for delivery speed and predictability
- improve transparency and traceability across the supply chain
- increase safety, leading to fewer delivery disruptions
In other AV News
- Faction has chosen Pointe One navigation tech as a partner in the company’s effort to bring three-wheel autonomous vehicles to public roads that are cost-effective and reliable.
- The Mercedes Drive Pilot is your best friend during obnoxious traffic. Offering Level 3 autonomy, the first vehicle to reach this, and a wide screen to watch videos, giving drivers a chance to relax.
- DeepRoute.ai has completed the recent fully-driverless test of its Driver 2.0 L4 production-ready vehicle. The test car traveled just under 14 mph, marking China's first fully autonomous test.
- Czechia is becoming BMW’s hub to test autonomous vehicles. The company is building two €300 million, six-kilometer test tracks in Sokolov.
- Hyundai is looking to acquire lidar-free autonomous platform 42dot.
- Kia might offer autonomous packages for its upcoming EV6. The package would cost about 20% of the EV. Kia’s AV packages would cost much cheaper than Tesla’s autonomous software.
- Pony.ai and Sany Heavy Truck are entering a partnership to manufacture electric AV trucks for freight deliveries. Production is expected to begin in 2024.
EPG and Mobility EVo
Mobility EVo is brought to you by EPG. EPG is an electric vehicle and autonomous vehicle recruiting and staffing company. We created Mobility EVo to bring you the latest news on the Electric Vehicle and Autonomous Vehicle industry through our newsletter. Whether it’s Tesla, Ford, Mobileye, Cruise, Waymo, GM, Rivian, we bring it to you. We also have some electric vehicle merch too. Check out our EV hats, EV Shirts, EV Hoodies, etc… We have something for everyone.