WardsAuto Daily Edition
 
WardsAuto Daily

MARCH 2, 2023

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Musk Sketches Tesla Plans at Investor Day

Tesla CEO Elon Musk detailed plans for a gigafactory in Mexico, improving plant efficiency and shifting the world to green electricity. Investors were not impressed. 

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Autoline Daily 2023: Top Industry News for March 2

Tesla to Halve Assembly Costs; OEMs Expect Billions, But Consumers Don’t Want Subscriptions; Renault & Geely Tap Oil Giant for ICE Joint Venture

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BMW Embracing Hydrogen, Again

BMW is producing 100 iX5 hydrogen fuel-cell-powered utility vehicles to take advantage of Europe’s renewed build-out of hydrogen.

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Utility Companies’ Role in Electric-Vehicle Charging

Managed BEV charging can operate automatically, adjusting power levels or shifting charging sessions in line with behavior changes, such as when drivers opt to charge when there is less strain on the grid and energy rates are lower.

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Battery Management Pair Promise Fast Charging Plus Longer Life

From TU Automotive
A collaboration between two automotive software specialists claims to speed up BEV charging while extending the range and lifecycle of a battery pack.

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U.S. Light-Vehicle Sales, Inventory Continue Upward Climb in February

For Wards Intelligence Subscribers
With inventory expected to record big gains by the end of the first quarter, consumers could be on the verge of seeing an easing up in pricing through a combination of greater availability of more affordable vehicles and increased incentives, especially when the industry gets into the spring selling season.

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