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Optimizing Car Leasing Tax Advantages The UK Business Benefits This article may contain affiliate links. Running a business in the UK involves careful financial planning, and one aspect that often requires consideration is your company’s vehicle fleet. Whether you’re a small business owner or a corporate executive, choosing the right vehicles for your operations can
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By Zachary Visconti Posted on October 21, 2023 Over-the-air (OTA) software updates have become the primary way electric vehicle (EV) makers like Rivian and Tesla can provide essential upgrades, bug fixes, performance improvements and, sometimes, simple entertainment. In a recent update from Rivian, for example, the automaker has deployed a special Halloween surprise that changes
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Kia reports that its global vehicle sales in September increased by 4.8 percent year-over-year to 261,322 units. After nine months of 2023, the South Korean brand sold 2,354,072 vehicles (up 8.4 percent year-over-year). In terms of all-electric car sales, September brought a significant increase in wholesale shipments (closely related to production) of Kia’s E-GMP-based models,
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Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. Sponsored by AMP: The AMP all-in-one energy management system offers an ecosystem for next-gen technology in micro-mobility, automotive, ridesharing, drones, heavy industrial machinery, and high-speed transportation. Learn More. New episodes
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Schaeffler, a German auto parts company, has started series production of its new mechatronic rear-wheel steering system. An unnamed vehicle manufacturer is using the system in a new electric SUV, and other vehicle models featuring the system will go into production soon, the company said. Schaeffler’s rear-wheel steering system is made up of two subassemblies:
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OmniOn Power has developed new 30-kilowatt power supplies specifically designed for the EV market. The EV100H3NK and EV101H3N1K rectifiers convert commercial AC power to DC power for EV fast charging stations. To improve charger reliability and availability, the rectifiers can be deployed in parallel configurations of up to 12 or more power supplies, providing total
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We are one year removed from the end of production of the BMW i3. While its makers look to inevitably introduce a successor to the affordable compact EV, don’t expect anything as radical looking. As BMW looks toward its “Neue Klasse” chapter in electrification, a development boss for the company says anything remotely resembling the
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Today, Tesla increased the price of the top-of-the-line Model X Plaid version in the United States by $5,000, or almost six percent. The Tesla Model X Plaid now starts at an MSRP of $94,990 (plus $1,640 in obligatory fees), but it’s still way less expensive than it was before the huge price cut applied to
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German automotive and industrial technology company ZF exhibited the latest version of its trailer electrification technology in September at the NUFAM commercial vehicles trade show in Karlsruhe, Germany. The technology integrates ZF’s AxTrax 2 electric axle with a modular battery system box for braking recuperation and traction support. ZF says it can convert a heavy-duty
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Ryder has introduced its first BrightDrop Zevo 600 electric vans to its rental fleets at four strategic Ryder facilities in California, Texas and New York.  Earlier this year, Ryder announced plans to add 4,000 of the vans to its inventory through 2025. The first 200 were ordered this year. “Ryder’s aim is to continue to
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Gravity Inc., best known for its fleet of Mustang Mach E electric taxis in New York City, has announced a brand-new ultra-high output DC charger designed especially for the challenging ergonomics of urban parking garages. The 500kW “DEAP” (Distributed Energy Access Point) is just 8″ thick and 18″ tall (curiously, width isn’t mentioned, but eyeballing,
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By Simon Alvarez Posted on October 18, 2023 Tesla’s (NASDAQ:TSLA) Q3 2023 earnings call comes on the heels of the company’s Q3 2023 Update Letter. Tesla remained profitable in Q3, despite a decrease in delivery and production, as well as a reduction in the company’s average selling price. Still, Tesla posted revenues of $23.35 billion and
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While Tesla continues to post industry-leading loyalty numbers, there are now some indications that households are less loyal to EVs from other brands, according to a new study from S&P Global Mobility. “Nearly half of those non-Tesla EV households that have acquired a new electric vehicle still purchase an internal combustion vehicle the next time
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