Supply constraints and demand that have made vehicle prices higher at lower volumes are creating operational inefficiencies and distress in the supply chain, according to new industry-wide analysis from AlixPartners LLP*, the global consulting firm. This imbalance will continue through 2024 as chip availability continues to improve.
The continued trend delivers a “complex backdrop for an industry committing $526 billion through 2026,” AlixPartners’ analysis finds, to fund the shift to battery-electric vehicles (BEVs). The transition, now taking place amid a weakening economic outlook, could cost automakers and suppliers $70 billion if not effectively managed. There are also several implications for dealers and consumers here – not all of them benign.
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Nissan and Wallbox to Offer Home EV Charging
Let’s hope the budget for rebates is larger than the photo budget.
Nissan and Wallbox (NYSE:WBX) in early July will offer EV owners nationwide a way to purchase Wallbox’s Pulsar Plus level 2 home charger and schedule installation through the NissanUSA.com website. Nissan will provide an unspecified rebate on the charger and installation to customers who purchase through the program.
The Pulsar Plus charger, the company’s best-seller, is said to be one of the smallest smart universal EV chargers in North America. It can be installed in homes, apartment buildings and other multi-unit dwellings. Continue reading →