The recent investigation by U.S. Department of Homeland Security in metro Detroit turned up scores of counterfeit auto parts. The probe, aided by Detroit Three automakers, netted scores of inexpensive, but fake parts for Ford, Chevrolet and Dodge car parts. The bust is a microcosm of a much larger problem across the U.S. costing automakers billions of dollars. Find out more at Headlight.News.
Regulatory
Cadillac Lyriq Regains $7,500 Federal Tax Credit — Gets Leg Up on Rivals
After revising its supply chain, Cadillac once again can offer $7,500 in federal tax credits to buyers of the Lyriq EV. The automaker briefly lost those incentives after the U.S. Treasury updated guidelines under the Inflation Reduction Act on January 1. The news means Caddy gets a critical advantage over a number of competing luxury EVs that have also lost their tax credits this year.
Genesis Slowing EV Plans, Reportedly Adding Hybrids to Lineup
Korean luxury brand Genesis is reportedly rethinking its plans to evolve into an all-electric brand. The company is instead looking at other electrification options, with plans to launch its first hybrid model as early as next year. But what form it will take reportedly has not yet been determined.
Sales Growth Slowing, Biden Administration May Delay EV Mandates
Facing slowing sales growth — and pressure from automakers and their dealers — the Environmental Protection Agency may delay proposed emissions rules that would require EVs to account for as much as two-thirds of the new vehicles sold in the U.S. by 2032. The move would provide more time to address issues blamed for slowing adoption, including the high cost of EVs, as well as the lack of a robust public charging network.
Shell Shutting Down All its California Hydrogen Stations
The struggling market for fuel-cell vehicles was handed another setback as Shell announced that it was shutting down all seven of its hydrogen refueling stations open to retail customers in California. That might seem an irrelevant number were this to involve its gasoline service network. But it represents nearly one in six of the hydrogen facilities in California and about 12% of the 59 open to the public nationwide.
Cruise Rehab Continues with Chief Safety Officer Hiring
General Motors’ autonomous vehicle subsidiary, Cruise, took another step in the rehabilitation of its image, making good on plans to hire a Chief Safety Officer. In the wake of last October’s incident with a pedestrian in San Francisco, the company said it would take steps to improve the safety of its vehicles. AV development veteran Steve Kenner is the new hire. Get details at Headlight.News.
Apple Vision Pro Goggles Could Take Distracted Driving to the Next Level
Distracted driving catches blame for about 10% of all U.S. highway fatalities, according to government data, but if driver’s texting and chatting on their smartphones hasn’t become a serious enough problem, the situation could soon get even worse. Federal regulators...
As EV Sales Growth Slows, Automakers Accelerate Hybrid, Plug-In Plans
Volkswagen “remains committed” to its aggressive EV program, the automaker’s U.S. chief executive said. But, as sales growth slows, the German auto giant is also considering adding hybrids and plug-in hybrids to its American fleet. And it’s not alone. Other manufacturers who’ve made major commitments to EVs, such as Kia, are also turning to hybrids to help them meet emissions targets because of consumer resistance to all-electric vehicles.
Money, Drugs, Elon Musk and the Tesla Board of Directors
Elon Musk created a fair share of controversy several years ago when he appeared to smoke a joint during an appearance with podcaster Joe Rogan. A new report is kicking up even more dust, the Wall Street Journal alleging money and drugs have improperly tied the Tesla CEO to the same board of directors that previously approved a $55 billion pay package for Musk.
EV Skeptic Akio Toyoda Sees Electric Vehicle Market Share Peaking at 30%
He’s warned that the switch to battery-electric vehicles could seriously harm the auto industry. And even though his successor as Toyota CEO has committed more resources to EVs, Akio Toyoda continues to see a future in which hybrids and other alternatives dominate the global market. More from Headlight.News.
Oy, Vay! German Startup Uses Remote Control for New Las Vegas Ride-Sharing Service
The crash of a Cruise ride-share vehicle in San Francisco last October has raised concerns about the readiness of robocab technology. But how will buyers take to an alternative approach that has launched in Las Vegas? German startup Vay’s small car-sharing fleet doesn’t have humans onboard. Instead, it relies on remote “teledrivers.” More from Headlight.News.
As UAW Organizing Drive Gains Traction, Tesla Raises U.S. Wages
Tesla has become the latest automaker to raise wages for its U.S. workers, a move that industry-watchers see as an effort to stall an organizing drive by the United Auto Workers Union. The Texas-based EV manufacturer is seen as particularly vulnerable, especially at its California assembly plant which has faced numerous complaints about racial and sexual harassment and unsafe working conditions.