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Jimmy Carter, Dead at 100, Had Major Influence on Auto Industry

Jimmy Carter, Dead at 100, Had Major Influence on Auto Industry

He may have had just one term in the White House but it came at a critical time for the nation, as a whole, and for  the auto industry, in particular. Former President Jimmy Carter, who passed away over the weekend at the age of 100 oversaw changes to automotive safety and emissions regulations. He was also in the Oval Office at a time of a major oil embargo, an assault by automotive imports and a time of reckoning for Detroit’s automakers – including the near collapse of Chrysler Corp.

Toyota Investment Aimed at Lowering EV Charging Costs, Stabilizing The Power Grid

Toyota Investment Aimed at Lowering EV Charging Costs, Stabilizing The Power Grid

There’s been a lot of focus on building up the public EV charging network but the vast majority of owners routinely charge at home. Toyota is helping secure $28 million in funding for startup WeaveGrid in a bid to make home charging easier and more affordable – while also ensuring that the nation’s electrical infrastructure can handle the addition of millions of battery-powered vehicles.

Ford CEO Wants to Match Price of Chinese EVs — and Plunging Battery Prices Will Help

Ford CEO Wants to Match Price of Chinese EVs — and Plunging Battery Prices Will Help

While EV sales should end the year up about 10% from 2023, the growth rate has slowed sharply. Several factors contributed to the slowdown, starting with the price premium — averaging about $10,000 more than comparable gas models. But Ford CEO Jim Farley claims the company is working up new EVs that will deliver “game-changing” prices, in line with rock-bottom Chinese brands. And a new study shows that plunging battery costs will play a major role.

Toyota Cuts Price on Slow-Selling bZ4X by $6,000

Toyota Cuts Price on Slow-Selling bZ4X by $6,000

Usually at the end of the year, there’s a push put on by a certain electric vehicle maker to sell as many of its EVs as possible. This generally includes price cuts to entice buyers. And while that EV maker might still do it, it’s another automaker looking to move some EVs: Toyota. The company cut prices on its bZ4X by as much as $6,000. Get details at Headlight.News.