Sometimes referred to as the gray market, parallel imports are vehicles supplied to Russia by countries with which it has maintained economic ties throughout the war with Ukraine, such as China and Turkey.

The reason why I think Ford, Toyota and Renault are the only automakers who acknowledge the challenge posed by Tesla is that they’re the only ones to carve out separate EV business units that will function like startups.

Automakers continue bringing new electrified vehicles to market despite “uncertainty around consumer adoption of EVs,” the Bank of America study says.

One area of concern is the fall in profit margins of BEVs versus Volvo’s internal-combustion vehicles: down to just 3% compared to 21% for the ICE cars.

GM Still Struggling to Make Ultium EVs; Competition Impacting CATL; Folding Steering Wheel Coming Soon

OSHA’s heat safety app supports heat-illness prevention by monitoring the local heat index, measuring potential risks and suggesting steps to take for employee protection. This can be especially helpful for salespeople on blacktop lots, for example.

Mercedes-Benz’s AMG performance-car division will build on the MB.OS system with its own add-on software developments for future models.