Electric vehicle makers scored a record month in November, grabbing 19 percent of the global market. Get all the latest auto industry news in the Executive Briefing.
Today’s headlines:
+ Analysts at Cox Automotive are predicting that 15.7 million new cars and trucks will be sold in the United States in 2024, an increase of about 200,000 vehicles over 2023. More at Autoweek.
+ Canada’s finance minister Chrystia Freeland met with representatives of Honda about locating a new $13.7 billion electric vehicle plant there, with a decision expected this year. More at Reuters.
+ Dodge is launching a series of ‘Last Call’ models to mark the end of V-8 production for the Durango SUV at the end of 2024, starting with the Durango SRT 392 AlcHEMI. More at Car and Driver.
+ Superstar Racing Experience (SRX), the all-star spec racing series operated by Tony Stewart, has abruptly cancelled its 2024 season, which was scheduled to begin on July 11. More at Racing America.
+ The updated 2024 Tesla 3, codenamed Highland and featuring revised styling, a redesigned interior, two new colors, and a base price of $38,990, is now on sale in the USA. More at Green Car Reports.
+ Ford is recalling more than 100,000 Focus and Ecosport models equipped with 1.0-liter EcoBoost engines to correct a clogged oil pump pickup found to cause premature engine failure. More at The Drive.
+ Federal Communications Commission Chairwoman Jessica Rosenworcelis asked automakers how they will stop the use of car electronics in stalking domestic abuse victims. More at The Detroit News.
+ In November, electric vehicle sales scored a record month of nearly 1.4 million vehicles and 19 percent of the global market, with battery electrics grabbing 13 percent. More at InsideEVs.
+ The North American International Auto Show in Detroit is returning to its traditional January date in 2025.after a two-year hiatus due to COVID and two years in September. More at Autoblog.
+ Formula 1 team owner Gene Haas says he is “embarrassed” by its poor performance, explaining the move to replace team principal Guenther Steiner with Ayao Komatsu. More at Autosport.
Photo courtesy of Tesla.
Review the previous MCG Executive Briefing from January 8 here.
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All EV owners should be required to have solar panels for charging their cars. Shouldn’t be able to charge from the grid. I also believe that all charging stations should be solar.
Solar panels generate around 15 watts per square foot. A car doesn’t have enough surface area. I don’t understand why electric cars can’t be charged on the grid. Even if the energy comes from a coal plant, an EV is still cleaner than a gasoline car. I do agree that solar energy should be utlized wherever it is practical. The sun is a free fusion reactor.
Mark,
The power required to charge a typical EV at a commercial charging station [in the same time frame] would likely require a solar panel array the size of a 40 car parking lot, just for 1 charger. Solar panels don’t have anywhere the power output needed to charge EVs today.
More to the point, WHY would we want to restrict EV chargers to solar energy only? What is that supposed to accomplish?
Re; SRX
. “We entered the next phase of our racing series with great anticipation and excitement for what was ahead. Our expectations, however, have been tempered by market factors that have proven too much to overcome.”
Translation; We were unable to secure series sponsorship.