Welcome to the Monday, February 20, 2023, edition of WardsAuto Dealer 5. As always, there's plenty of news about the auto sector. We've gathered some of the most notable stories from WardsAuto to ensure you are in the know.
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With EV batteries typically accounting for about 30% of the vehicle’s cost, OEMs will struggle to bring costs down until production reaches sufficient scale. It is therefore critical that manufacturers start to identify smarter efficiencies in the production process.
That’s our WardsAuto Dealer 5 for today. We’ll be back soon with more high fives.
As always, please feel free to pass this along to your colleagues and others who are interested in automotive insights.
If you have questions, concerns or story ideas, please contact editor Nancy Dunham at NDunham@WardsAuto.com Thanks for reading. We'll be back soon with more of the latest news.