Cars Clips: July 19, 2024
2024 Election |
Video: Trump: ‘I will end the electric vehicle mandate on Day 1’ — “In his speech at the Republican National Convention, former President Trump outlined his plan to revive the U.S. automotive industry. Trump said he would end the Biden administration's electric vehicle mandate and increase car manufacturing in the U.S.” [NBC, 7/18/24 (=)]
Trump Vows Action to End Electric Vehicle ‘Mandate’ on Day One — “Former President Donald Trump used his nomination speech to take aim at President Joe Biden’s electric vehicle policies, vowing to action against them on his first day in office.” [Bloomberg, 7/18/24 (=)]
Courts & Legal |
Court Sets Briefing For Auto Emissions Case Into 2025, With No Stay Bids — “An appellate court has set a briefing schedule for consolidated legal challenges to EPA’s multipollutant standards for model year 2027 and later vehicles, with briefing slated to end toward the end of January shortly after the start of a potential new presidential administration, and with litigation continuing without a stay request from foes of the rule. The U.S. Court of Appeals for the District of Columbia Circuit in a July 17 order finalized a Sept. 6 deadline for petitioners’ opening briefs in Commonwealth of Kentucky, et al. v. EPA, et al., in which a coalition of Republican states and liquid fuels groups are challenging vehicle standards that ramp up through MY32.” [Inside EPA, 7/18/24 (=)]
Vehicle & Engine Manufacturers |
Ford Expanding F-Series Truck Production As Electric Vehicle Demand Slows — “Ford will invest about $3 billion to expand production of its F-Series trucks, manufacturing some of the vehicles at a Canadian plant previously reserved for electric vehicle production, the company announced Thursday, as Ford and other automakers react to a slowed electric vehicle market.” [Forbes, 7/18/24 (=)]
Ford announces plan to build Super Duty in Canada as EV production moves elsewhere — “Ford Motor Co. says it will build Super Duty trucks at its Oakville Assembly Complex in Ontario and move planned production of a three-row electric utility vehicle elsewhere. Details on where the EV production will be done were not disclosed.” [Detroit Free Press, 7/18/24 (=)]
American Auto Giant Pivots Plans To Build Electric Vehicles At Major Plant To Produce Heavy-Duty Pickups Instead — “Ford is reversing course on plans to manufacture electric vehicles (EVs) at a major plant and instead will produce gas-powered, heavy-duty pickup trucks at the facility, Reuters reported Thursday. The company initially planned to build three-row electric SUVs at its facility in Oakville, Canada, between 2025 and 2027, but the plant will now add capacity to produce 100,000 F-Series Super Duty trucks at the plant, according to Reuters. Ford said that it is still committed to producing those EVs on that timeline, though it is unclear which of its plants will handle that production.” [Daily Caller, 7/18/24 (-)]
More Gas Cars and Trucks, Fewer E.V.s as Automakers Change Plan — “But in the past 12 months, the growth rate of electric vehicle sales has slowed sharply as some car buyers have balked at the high prices of electric cars and trucks and the hassles of charging them, especially on long trips. The shift in consumer sentiment is now forcing many automakers to pull back on aggressive investment plans, and pivot, at least partly, back to the internal-combustion engine vehicles that still account for most new car sales and a large share of corporate profits. The latest example came on Thursday when Ford Motor said it would retool a plant in Canada to produce large pickup trucks rather than the electric sport-utility vehicles it had previously planned to make there.” [New York Times, 7/18/24 (-)]
Mercedes-Benz to install EV chargers at 100 Starbucks — “Starbucks and Mercedes-Benz are trying to recharge both you and your car. The coffee chain and German luxury automobile brand announced a partnership Wednesday to install high-power electric vehicle chargers at 100 Starbucks stores across the U.S. The first locations will be along the West Coast’s I-5 between San Diego and Starbucks’ headquarters in Seattle, but East Coast locations are also in the works, according to a news release.” [Atlanta Journal-Constitution, 7/18/24 (=)]
Electric Vehicles |
US Public EV Chargers Set to Surpass Gas Stations in Eight Years — “On April 16, piloting an electric vehicle through the north of North Dakota became far less fraught. That’s when a new fast-charging station switched on at a Simonson Station Store gas station in Minot, close to a Red Wing boot shop. Zero-emission drivers around El Paso, Texas can also rest easier thanks to two new stations up the road in Deming, New Mexico. So can anyone heading down the Gulf Coast by Mobile, Alabama, where a new bank of chargers started pumping electrons May 2 in Robertsdale, down the street from Buster’s Southern Pit BBQ.” [Bloomberg, 7/18/24 (=)]
‘Loophole’ may get you a $7,500 tax credit for leasing an EV, auto analysts say — “Buying a new electric vehicle isn’t the only way consumers can access a $7,500 federal EV tax credit. They may also be able to get the money by leasing a car. The Inflation Reduction Act, which President Joe Biden signed in 2022, contained various rules related to consumer tax breaks for EVs.” [CNBC, 7/18/24 (=)]
Statewide EV sales growth sees a drop. Tesla, once a California darling, hit hard — “When does a sales-growth downturn move from a temporary blip to a longer-term trend? Maybe right now. After years of rapid expansion, electric vehicles sales growth in California trended down in the middle of last year and now has turned negative: 101,443 all-electric cars were registered in the state in 2024’s second quarter, down from 102,730 in the second quarter of 2023, a drop of 1.2%. As recently as last summer, that growth rate was positive at 55%. It fell to 16% growth in the fourth quarter last year, 2% in the first quarter this year, and now has gone negative. EV sales growth is an important factor in determining whether the state can meet its goal of banning carbon-emitting new car sales by 2035. Unit sales of EVs were up 11% this quarter compared with last, by 11,554 vehicles, but because of seasonal variation, comparing quarterly growth with the same quarter the previous year is a standard way of measuring business health.” [Los Angeles Times, 7/18/24 (=)]
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