The Latest Breaking News from SP Global Mobility

The golden goose is no longer laying eggs for car companies. Also: EVs continue to outpace the rest of the market, but with a catch.

In May 2024, all-electric car sales in the United States continued to increase slightly, with another six-digit number of first registrations.

Today on Critical Materials; Inside the Rivian/VW joint venture formation, legacy automakers creeping up on Tesla's sale, and one-in-five public chargers broken

Americans are driving older cars than ever before, a new report shows, as prices for new cars remain high.

Cars, trucks and SUVs in the U.S. keep getting older

The Ford F-150 Lightning was still the top pick in March, though.

Without Tesla, which is the biggest player by far in the EV game, the numbers actually went up compared to last year. But can you have a modern EV industry without Tesla?

In January, new EV registrations in the U.S. amounted to 89,042 new registrations (up 15% year-over-year), accounting for 7.8% of the market.

In 2023, all-electric car registrations in the United States exceeded 1.1 million units for the very first time. The market share is estimated at 7.7%.

National Automobile Dealers Association chairman: "The team is working tirelessly to curb the implementation of the flawed and unachievable standards."

Ongoing trends in electrification, advanced connectivity, safety features, and strong consumer demand are contributing significantly to the auto industry's growth and recovery. Given these developments, which of the two auto stocks, NIO Inc. (NIO) or Stellantis N.V. (STLA), has the potential to yield higher profits in this improving market? Read…