For Wards Intelligence Subscribers Global light-vehicle deliveries of all electrified vehicles (xEV) posted record volume and market penetration in March, but there is some fear demand for battery-electric vehicles - nearly 40% of xEV sales in March - will slow this year due to rising prices.
The largest share of the new investment, $222 million, will be spent in Huntsville, AL, where Toyota Alabama will create a new 4-cyl. production line with the capacity to produce engines for both combustion and hybrid-electric powertrains.
For Wards Intelligence Subscribers The Symbio H2 Central Valley Express project, supported is designed to demonstrate that a hydrogen fuel-cell truck can match the performance of a truck with a 15.0L diesel engine while delivering a zero-emission solution for regional-haul trucking operations.
For Wards Intelligence Subscribers Targeting battery production under the Defense Production Act puts another $750 million toward support of battery-material mining and processing, but the movement to increase lithium-ion capacity in the U.S. was already under way.
The first three versions of the new BMW 7-Series to arrive in the U.S. market are the battery-electric i7 xDrive60, plus two models with internal-combustion engines: the twin-turbo, 375-hp 740i 6-cyl., and the 760i xDrive with a twin-turbo, 536-hp V-8.
For Wards Intelligence Subscribers The German luxury brand has a long list of actions it will take to improve sustainability, while Tesla’s grant application peels back curtain on charger cost.
Test Drive We test-drive the world premiere ’23 CX-50 from Mazda, a ride with responsiveness, drivability and intelligence. Power, style and comfort mark the debut of this affordable new CUV.
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