Kia to drop in on Nissan en route to Times Square
For the third consecutive year, Kia is taking the New Year’s Eve numerals on a cross-country road trip.
For the third consecutive year, Kia is taking the New Year’s Eve numerals on a cross-country road trip.
North American auto plants are holding firm on their production schedules this week, but the microchip shortage is still hovering over the year.
When the auto industry trains its product development guns on a component, that item usually gets smaller, lighter, simpler, more powerful and more efficient. That’s what’s happening today to the electric motor, which is really just now starting what will likely be a very long journey in the automobile.
The average 3-year-old EV never broke 35 percent of sticker that month pre-pandemic, according to Black Book. But 3-year-old models held 66 percent of sticker price in October.
EV startup Rivian is burning through billions of dollars in cash as it ramps up production of its consumer and commercial vehicles, but it has solid product and a business plan, analysts say.