After a few hiccups, Vietnamese automaker VinFast is on the move again in the U.S., adding four independent dealers to its network as well as preparing to introduce two concept vehicles at CES that could find their way into those dealerships in the future. Get details at Headlight.News.
Today’s cars already function as computers on wheels, some equipped with over 100 onboard microprocessors. But tomorrow’s vehicles will go significantly further, offering the sort of software-based features and functions found on Apple and Android smartphones and making use of the latest AI technology. Tomorrow’s “software-defined vehicles” will transform what motorists can do while driving – while generating hundreds of billions of dollars in new revenue streams for automakers. We’ll get a look at what this means at the upcoming Consumer Electronics Show in Las Vegas.
A jury of 50 U.S. and Canadian journalists narrowed down an extensive field of new vehicles, with three models named the winners of the North American Car, Truck and Utility Vehicle of the Year awards. At a ceremony in Detroit, the Toyota Prius was named Car of the Year, the Ford Super Duty taking top honors in the truck category. And the Kia EV9 was named Utility Vehicle of the year.
While most automakers rejoiced at the release of the December, fourth-quarter and full-year sales results for 2023, Ford and Stellantis didn’t enjoy it quite as much when they revealed their numbers. Get details at Headlight.News.
Revised rules that went into effect on January 1 took away federal tax credits on all but about a dozen EVs. But General Motors will make up for that loss by offering up to $7,500 in discounts on EVs like the Cadillac Lyriq and Chevrolet Blazer EV, the automaker said. Ford, meanwhile, said it is raising the price on some versions of its F-150 Lightning by up to $10,000, while lowering the cost of premium models by as much as $7,000.
At first glance, it looks pretty much like any of the semi cabs rolling across American roadways, though the design is a little sleeker, and the name on its grille is the giveaway. Nikola’s Class 8 tractor is one of a growing number of “green” commercial vehicles, in this case, replacing a traditional diesel drivetrain with a hydrogen fuel-cell system. Trucks deliver most of America’s freight, but they also create a disproportionate share of the transportation sector’s pollution. That’s starting to change as truck makers and truck fleet operators switch to alternative hydrogen and battery drivetrain technologies.
Headlight News for the Week of 1-2-24: 2023 Sales Rebound – EV Tax Credits – a Good Time to Buy an EV – 2024 Subaru Crosstrek. Check it out for these stories and more!
Tesla delivered 485,000 vehicles during the fourth quarter, bringing total sales for the year to 1.8 million, an all-time record. But the automaker fell short of the 2 million target CEO Elon Musk set early last year. And it has BYD, breathing down its neck, even though that major Chinese competitor has yet to enter the North American market.
The New Year brings bad news for potential EV buyers as only a handful of models now qualify for federal tax credits of up to $7,500. That’s because of new requirements covering the sourcing of batteries and raw materials like lithium and cobalt. Among the brands impacted are Tesla, Nissan, General Motors and Ford. And analysts worry this could further slow growth of EV sales.
Tesla’s been locked in a running disagreement with Norway’s unions for weeks now and has been feeling the effects. Well, everywhere but its showrooms where Norwegians continue to trek to and buy EVs. In fact, Tesla’s the topselling brand — for the third straight year. Get details at Headlight.News.
Federal tax credits can make buying an EV a lot more affordable. And the good news is that rule changes coming Jan. 1, 2024 make it easier for retail customers to get up to $7,500 on a qualifying vehicle, buyers no longer having to wait until the next time they file taxes. Commercial buyers also will find it easier to get EV incentives. The bad news is that a number of EVs no longer will be eligible for federal incentives this coming year. Headlight.News helps clear things up.
At least 40 new battery-electric vehicles are due to reach U.S. showrooms in 2024 — and that’s a conservative estimate as we’ve had a number of surprises dropped on us by both domestic and foreign-owned brands. If anything, the flood of EV offerings will likely accelerate going forward. Here’s a look at some of the models we’re expecting in 2025 and 2026. Headlight.News checks out 45 of them.