EVWorldNews

Day: December 10, 2022

  • Volvo to keep its commitment on the electric vehicle manufacturing.

    Volvo has been a brand which has been known for its safety over the years. Now, car manufacturer from Sweden is going to be known as an electric vehicle company as well. Volvo has been facing many obstacles such as the shortage of semiconductors and the price variations however all the car manufacturers have been encountering these issues. The commitment of the company is going to be higher for the for the electric vehicles now as it is going to get into the hybrid powertrain or the all-electric vehicles for all of its models. The company which was known all over the world for the cutting edge features of safety and its crash ratings is going to be leading innovation for the automotive industry in the coming years.

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    The decision was announced in the last two years and the company has been trying to get its production to become fully electric by the year 2025. Volvo has also made a commitment by 2025 that it is going to have a million vehicles on the road by then.

    The other manufacturers have been following suit since then and it is going to impact the world in the most positive manner as the electric vehicles which is going to see a growth in the coming years with Volvo leading the charge for the market.

    Volvo is also going to offer a couple of fully charged plug-in models. The new Volvo is going to reach the floors of the showroom in the year 2023 in the form of a 2024 model.

    There has been no entry level price suggested yet but there are speculations rife about the electric vehicle price which has created a buzz in the world of electric vehicles. This is going to be a revolutionary growth graph for the company.

  • General Motors optimistic about the electric vehicle future

    Issues and concerns with regard to affordability and charging have held consumers back from converting to the battery electric vehicles. Making this switch between the ICE cars and the tracks to the ones which are battery powered electric vehicles is a huge choice for the customers who are willing to cling on to the convenience and familiarity of going to a fuel station for refueling. General Motors doesn’t think this is a phenomenon which will last for too long.

    However in a session with the reporters this Thursday during a meeting, the Chairperson of General Motors Mary Barra said that she is not going to agree with the concept that the drivers are going to resist giving up the fueling for a recharge of the battery. She said that maybe a small fraction may be doing so but there will be a lot of forces which are going to encourage people to take up the electric vehicles.

    The reasons according to her are the fact that the cars are a great fun to drive and says out of her personal experience that not going to a gas station can become really addictive very quickly. The challenge is going to not be mainstream for very long.

    As of now, there are not many who are holding out. The sales of the electric vehicles thus far are not great but she does expect it to pick up soon. The third quarter however showed that the sale numbers of the electric vehicle were just 5% of what the total vehicle sales were in the United States.

    The trend is however picking up as the number of dealerships have considerably increased in the last few years. That is a great sign for the company and the overall economy of electric vehicles as the world gradually adopts to it.

  • Union Automobile Workers offer stiff test to Biden

    In what is being termed as an early test of the promise made by Biden about a transition to the EV and its resolve about creating high-paying jobs. The employees at a battery plant in the Ohio region have voted towards joining the union of United Automobile Workers.

    There seems to be a first formal union being created at a major of the automakers in the city known as Big Three. The plant is owned by LG energy solutions and General Motors. The result of the voting was 710 to 15.

    Also Read : BMW electric cars may benefit from bumpy roads. – EV World News

    As per the president of the UAW, Ray Curry, With the transition of the industry into the electric vehicles, the new workers are entering into the auto sectors such as Ultium which are now thinking about their value and their worth. This is a vote which shows that they want to be a part of the team which maintains high wages and standards which the members of the UAW have built in the industry of automation.

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    While the existing plants which are owned by three US automakers are maintaining a presence of a union. They have been shifting production to the electric vehicles and the union needs to start from the very beginning like the one in Ohio through which Ford is going to build the factories. The other companies such as Lucid, Rivian and Tesla aren’t Unionized.

    The union of autoworkers has been worried for long about the transition to the electric vehicles first through the research paper that the EV requires close to 30% less of workforce to produce when compared to the ICE. This has also pointed out that the US is falling far behind than EU and Asia in the supply chains which are helping the other countries maintain its workforce continuously. Biden must gear up for this test.