WardsAuto Daily Edition
 
















JULY 02, 2024



Manchin Pulls Curtain Back on Battle for EV-Boosting IRA

The West Virginia senator says the Biden Admin.’s Inflation Reduction Act wouldn’t have gotten his support had Russia not invaded Ukraine.

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McLaren Warns U.K. Could Miss Out on Electrified Supercar Opportunity

Supercar manufacturer's CEO says Britain has a big opportunity in electrified performance powertrains if battery supplies are domestically produced.

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Ferrari's Hybrid Battery Replacement Plan to Protect Performance, Value

Owners offered warranties to replace aging lithium-ion batteries for automaker's high-value products.

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FROM AUTOMOTIVE DIVE
BMW of North America Names New CFO
Andreas Kindler is replacing Raymond Wittmann, who is relocating to Munich to lead the automaker’s corporate strategy division.
IN CASE YOU MISSED IT...

Mercedes-Benz Pumping More Cash into ICE Development

CEO says automaker is investing more than expected funds into ICE R&D and on gas-powered premium products as BEV sales flag.

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